Aeropostale Stock Sells at 25% Off
When teen retailer Aeropostale reported first-quarter results after markets closed Thursday night, the sky fell in. Shares traded down 17% after hours, and the carnage continued Friday morning.
Archive
Year: 2014
All Year: 2014 Articles
Newest first · Page 300First Kurdistan Oil Export Is Welcome News for U.S. Oil Companies
In a move that has been expected for some months now, the Kurdistan Regional Government has defied the Iraqi central government and begun exporting crude oil to Europe.
Parsley Energy Strikes IPO Riches
Oil and gas exploration and production company Parsley Energy struck Wall Street oil Friday morning after an initial public offering of 50 million shares that priced above the expected range.
HP 3D Printing Now Seems Less Threatening to 3D Systems and Stratasys
CEO Meg Whitman has clarified, outlined and pinpointed the strategy and timeline for when Hewlett-Packard will finally get into the 3D printing business. Is it bad news for Stratasys and 3D Systems?
Good News for Housing — April New Home Sales Surge
ThinkstockThe U.S. Census Bureau Friday morning released data on new single-family home sales for April. Sales rose 6.4% month-over-month, to a seasonally adjusted annual rate of 433,000, from an upwardly revised March sales figure…
Pentagon Awards $575 Million in Defense Contracts
ThinkstockThe Department of Defense awarded 17 defense contracts in its Wednesday evening announcement of contract awards. The total value of these contracts was $574.8 million. Among the publicly traded companies winning contracts: Raytheon (NYSE:…
Friday Surprise: Greece and Spain Get Credit Ratings Upgrades
ThinkstockIt seems almost too hard to believe, but we have seen two of the PIIGS upgraded by different credit ratings agencies this Friday. Fitch ratings has raised Greece’s sovereign credit rating, and Standard &…
Merrill Lynch’s Stocks Picks for IT Spending Recovery
One good way for inquiring minds on Wall Street to find out what companies plan on spending is to ask them. That is exactly what the analysts and research team at Merrill Lynch did.
RBC’s Telecom and Networking Stocks to Buy for the Rest of 2014
In a new research report, the telecom team at RBC thinks that global capital expenditures on wireless could increase as much as 6% this year. Here are some of their top telecom and networking…
Top Analyst Upgrades and Downgrades: Aflac, FireEye, Rite Aid, PetSmart and More
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Friday, May 23, 2014. They include Aflac, FireEye, Rite Aid, Northern Trust, PetSmart and State Street.
Foot Locker Set to Post a New All-Time High After Earnings
Foot Locker reported better-than-expected first-quarter 2014 results before markets opened Friday morning. Shares were up about 5% in premarket trading, which would be a new 52-week high if it holds.
Boeing Hits Milestone in 737 MAX Orders
Wikimedia CommonsOrders for 30 planes were enough to push Boeing (NYSE: BA) past the 2,000 mark for orders of the 737 MAX this week. But then Boeing went ahead and recorded 45 orders more.…
Could Every Car in the U.S. Be Recalled?
ThinkstockThe Department of Transportation has estimated that some 250 million cars are registered in America. That number has been relatively flat since 2005. Some of these vehicles may not be in service at all,…
HP Layoffs May Not Be Over
As many has 16,000 workers will be cut by Hewlett-Packard, an addition to a long list of layoffs that over the years has stretched into the tens of thousands. And the cuts may well…
Seven States Running Out of Water
ThinkstockThe United States is currently engulfed in one of the worst droughts in recent memory. More than 30% of the country experienced at least moderate drought as of last week’s data. In seven states…