Why Icahn Bested eBay
Carl Icahn will withdraw both his proposal that eBay spin off its PayPal business and his two nominations for candidates for the company's board in exchange for the appointment of an independent director.
Carl Icahn will withdraw both his proposal that eBay spin off its PayPal business and his two nominations for candidates for the company's board in exchange for the appointment of an independent director.
thinkstockThe capital markets have opened back up to Greece. The struggling, or very struggling, island nation in the eurozone (and one of the PIIGS), has tapped the capital markets for a 3 billion euro…
Friday morning is likely to set the tone of earnings season as far as the big banks are concerned. The two largest banks are reporting earnings: J.P. Morgan Chase and Wells Fargo.
ThinkstockTotal U.S. production of oranges in the 2013–2014 crop year is now estimated at about 7.2 million tons, more than a million tons below last year’s total of 8.3 million tons. Virtually the entire…
Short sellers continue to hold huge positions not only in troubled companies like Alcoa and J.C. Penney, but also in blue chips like AT&T and General Electric. As of March 31, the most recent…
Gilead Sciences may have been largely responsible for the drop in biotech stocks after politicians went after its drug costs, but an excessive multiyear performance also allowed sellers to keep exiting the sector.
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 4 billion cubic feet for the week ending April 4, compared with an expected increase of between 5…
Ally Financial priced its initial public offering at $25 a share after markets closed Wednesday. The IPO price was at the low end of the expected range. The company sold 95 million shares Thursday…
The expected appearance later this year of two new iPhones from Apple is being almost breathlessly anticipated by pundits and bloggers, but what about buyers?
ThinkstockThe Labor Department showed that weekly claims were down by a whopping 32,000 to 300,000 in the week ending April 5. Bloomberg had the estimate at 318,000, and the report was even better than…
ThinkstockYears ago, Peter Lynch was the chief equity strategist at Fidelity when it ruled the investment landscape. One of his tried and true focus groups was his own family, especially his teenage kids. In…
ThinkstockRetailers are announcing March U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 2.5% year-over-year. Retail sales gained just 1.4% in March of 2013, excluding drug store sales. Including…
ThinkstockInternational approval of U.S. leadership improved last year, rising from of 41% in 2012 to 46% in 2013. This ended a downward trend in U.S. approval ratings, which had consistently declined since 2009. While…
courtesy of ebayChannelAdvisor has set the global standard for e-commerce optimization by providing best-in-class technology, strategic services and thought leadership to help retailers master the complexity of connecting with consumers online. Their e-commerce data…
These are the top Wall Street analyst upgrades, downgrades and initiations for Thursday, April 10, 2014. They include Apple, EMC, Facebook, Twitter, IBM and AcelRx Pharmaceuticals.