U.S. Services Sector Soars in May
ThinkStockThe Markit Flash U.S. Services Purchasing Managers’ Index (PMI) jumped 6.2% to 58.4 for May, according to a Markit report released today, showing its fastest rate of growth in 26 months. As key services…
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Newest first · Page 296Tesla Scores Junk Bond Rating from S&P
Courtesy of Tesla MotorsTesla Motors, Inc. (NASDAQ: TSLA) is not exactly the sort of company you think of with a corporate credit rating call. Standard & Poor’s has issued a rating of “B-” to…
Citi Sees Decline in Trading, No Clear Mass Exit for Citi Holdings
Wikimedia CommonsCitigroup Inc. (C) shares may still be up on the day, but shares have handily pulled back from their peak on Tuesday. Citi’s Chief Financial Officer is John Gerspach, and he has been…
American Science and Engineering Books a Banner Year
ThinkStockSince reporting Q4 and full-year fiscal 2014 earnings Thursday night, shares of X-ray bomb detector company American Science & Engineering (NASDAQ: ASEI) have gone on a tear — one interrupted, but only briefly, by the…
Pfizer’s Real Issue: Identity Crisis Against Peers
Pfizer looks like it is out of the bid now for AstraZeneca. What looks increasingly obvious for a lackluster performance is that Pfizer may now simply be having an identity crisis.
Networks Look to Dramas to Draw the Viewers Advertisers Crave
foxWith the 2013-2014 season in the books, executives are turning towards what they hope will be a promising fall slate. Although investors, analysts and advertisers are still interested in the past as they want…
Is Spherix For Real?
Spherix was not just moving higher on Tuesday. Its shares soared, and the stock was even the single best performer on the Nasdaq. A gain of about 70% usually does that.
Can NBC’s New Medical Drama ‘The Night Shift’ Channel the Success of ‘E.R.’?
NBCHospital dramas are a dime a dozen, but when done right they can become an iconic piece of TV history, just look at E.R. Although analysts and investors know that’s not always the case…
Ford’s 2015 Mustang Takes Europe by Storm
Last Saturday was the first day that European drivers could place their orders for the all-new Mustang. Ford even offers the new Mustang with a right-hand drive option for the United Kingdom.
Would Mark Zuckerberg Appear in Court in Iran?
ThinkstockSometimes strange things happen in local court cases against large multinational companies that are based in the United States and elsewhere. Reports are out, sourcing the ISNA news outlet, that a judge in Iran…
Nine Companies With the Most Unusual Origins
Wikimedia CommonsSome of America’s most well-known companies went through big changes before becoming the dominant corporations they are today. The origin of one of today’s most famous beauty products company is door-to-door book distribution. A semiconductor…
Why Apple Posted 52-Week High
When Apple shares put in a new high, most of us want to know what's going on with the world's most valuable tech company. Right now, two or three things on Apple's horizon could…
Credit Suisse Defends Mortgage REITs
ThinkstockMortgage real estate investment trusts (REITs) are being defended by Doug Harter, the analyst who follows this sector for Credit Suisse. The thesis is that as book values keep rising, there is still a…
Merrill Lynch Survey Shows Homebuilding Picking Back Up
Merrill Lynch analysts surveyed and spoke to around 90 community managers for the top homebuilders across the country to gauge their views on demand, traffic, inventories, pricing and incentives.
BioCryst Crushes It on Rare Immune Disorder Drug Trial
BioCryst Pharmaceuticals broke higher Tuesday morning, following the company's announcement that its oral drug for hereditary angioedema met objectives established for its Phase 2a clinical trial.