courtesy of Cisco SystemsCisco Systems Inc. (NASDAQ: CSCO) is out with its third-quarter earnings report, and the networking and communications equipment giant reported earnings of $0.51 per share on revenues of $11.55 billion. Thomson…
thinkstockMay 14, 2014: Markets opened lower on Wednesday after another record setting day yesterday. The yield on 10-year Treasuries fell as demand for safety prevailed. Among equities, utilities did well but it wasn’t enough.…
Wikimedia CommonsGet ready for the debate over “too big to fail” all over again. It is always interesting when a former Federal Reserve Chairman is out speaking about the world after their tenure. Former…
ThinkstockWhen Plug Power Inc. (NASDAQ: PLUG) reported first-quarter earnings, the company’s shares dived about 8% shortly after markets opened. Once the shares hit $3.70, the bulls showed up and the stock has managed to…
ThinkstockCan you imagine that the Greek banking sector is being raised by a credit ratings agency? It sounds impossible to imagine if you have been following the story as long as we have. Still,…
ThinkstockThe media debate over PIMCO about who said what between “bond king” Bill Gross and Mohamed El-Erian is not in the news so much right now, but the reputational damage to the firm may…
ThinkstockRising home prices, higher interest rates and low inventories have conspired recently to reduce the ability of middle-class Americans to buy a home. In some markets, middle-class buyers may be effectively shut out, while…
ThinkstockHong Kong-listed Tencent Holdings reported a jump of 60% in first-quarter earnings Wednesday morning, to $1.05 billion from about $628 million in the first quarter a year ago. The Chinese provider of Internet games,…
Cisco Systems is on deck to report earnings after the close of trading on Wednesday. This company can greatly influence how its peers in networking and communications equipment are treated ahead.
Yahoo! has acquired privately held Blink for an undisclosed sum. Now that Yahoo! is about to juice up its war chest in the coming IPO of Alibaba, CEO Marissa Mayer could take another look…
Southwest Airlines has decided to return even more capital back to its shareholders. The discount airline's board of directors has approved a higher dividend and a new share repurchase program.
Netflix's share of fixed-line Internet traffic in North America has grown to 34% of data flowing to consumers during peak times. Cord cutters were the heaviest users of streaming audio and video.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 900,000 barrels last week, maintaining a total U.S. commercial crude inventory to 398.5 million…
ThinkstockEarlier this week we showed how a key market technician was showing concern that banks and financials are not participating in the rally. That is particularly troubling when you consider that the Dow Jones…
ThinkstockAs of the end of trading on Tuesday, coffee closed on the ICE at about $1.84 a pound, down from a peak of around $2.12 in the middle of April. In early November, coffee…