ThinkstockSince reporting Q1 earnings last month, less-than-truckload weight (LTL) trucker Old Dominion Freight Line (NASDAQ: ODFL) shares have stomped the gas, and rushed ahead 12% already. This week, the company made an announcement that…
ThinkstockThe National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes in April. The pending home sales index rose 0.4% from an index reading of 97.4 in March…
GoogleGoogle (NASDAQ: GOOG) announced Tuesday that it has begun building prototypes of a fully self-driving car. The search engine giant won’t be offering the new car for sale, at least not yet. These prototypes are intended…
ThinkstockWhen the Arab oil embargo began in 1973, the halcyon days of cheap gasoline in the United States were over forever. The embargo was initiated by what was known as OAPEC, or the Organization…
McDonald's held an investor conference presentation on Wednesday, in which Chief Executive Officer Don Thompson announced an intensified commitment to returning capital to shareholders.
Tyson Foods, one of the nation's largest food-processing companies, has made an offer of $50 a share in cash for Hillshire Brands, trumping Tuesday's $45 a share offer from Pilgrim's Pride.
ThinkstockThe U.S. Labor Department has some good news, particularly in light of the Commerce Department revising first-quarter GDP to -1.0%. Weekly jobless claims fell by 27,000, down to 300,000, in the past week. Dow…
ThinkstockThe Commerce Department’s revision for first-quarter gross domestic product (GDP) was even worse than the prior report, and even worse than economists were predicting. The preliminary report was up 0.1% in the first quarter,…
ThinkstockIn the month of April, 46,000 U.S. home foreclosures were completed, down 0.4% month-over-month, but down 18% from 56,000 in April 2013, according to research firm CoreLogic. While an improvement, the number of foreclosures…
ThinkstockOil service stocks are dependent on oil pricing for adding additional business on a sequential and year-over-year basis. Face it, what oil company is going to commit more capital expenditures to exploration and production…
Abercrombie & Fitch reported better-than-expected first-quarter fiscal 2014 results before markets opened Thursday morning. But it said same-store sales and gross margin both fell.
ThinkstockTypically when an index rebalances at the end of a month or the quarter, the 24/7 team looks for the top names that are expecting solid buying, so our readers can check their portfolios…
These are the top Wall Street analyst upgrades, downgrades and initiations for Thursday, May 29, 2014. They include AngloGold Ashanti, Twitter, Biogen Idec, Celgene, HomeAway and VMware.
Costco Wholesale reported third-quarter fiscal 2014 results before markets opened Thursday morning. Same-store sales and membership fee revenue both rose during the period.
Unemployment remains more than 20% in two of America’s metro areas, and above 15% in a number of others. While the recession may be over throughout most of the United States, it lingers in…