ThinkstockCompared with 2013, home prices rose 12.2% in February, marking a 24th consecutive month of year-over-year gains, according to research firm CoreLogic. Home prices in four states — Colorado, Nebraska, North Dakota and Texas…
ThinkstockHow long should a winning streak really last in the stock market? A casual market observer might think the market has a 50-50 chance of being up or down on any given day, so…
thinkstockAnyone who was skeptical that video would thrive on the small screens of smartphones and the only slightly larger screens of tablets had better sit down. The share of time that people spent watching…
ThinkstockThis Friday will bring the highly anticipated Employment Situation report from the U.S. Department of Labor. Investors get many previews of what the unemployment and payrolls reports look like, but the official Labor Department…
courtesy of Chrysler GroupAutomakers reported March U.S. sales throughout the morning Tuesday, and contrary to all predictions, sales rose across the board for all but one of the major carmakers. Apparently even the nasty…
ThinkstockMobile device users spent two hours and 42 minutes of their time on those devices in March, up just 2.5% over March 2013. Of that time spent, 86% was spent using apps, up from…
Mining giant BHP Billiton is working on a plan to spin off its underperforming assets. Shares of some of its competitors were higher Tuesday, as investors speculated the spin-off might prove contagious.
GrubHub SEC FilingThe initial public offering (IPO) of GrubHub Inc. just got a bit pricier. The company is offering 4 million shares of common stock, and selling stockholders are offering an additional 3.03 million…
Nearly every product, store, sports team, band, movie, you name it is on Facebook and Twitter. Savvy retailers understand that it is not just the young who use and are drawn to social media.
General Motors delayed its report on March sales due out Tuesday morning until sometime in the afternoon. The company blamed a computer snafu. But that is not its biggest problem.
ThinkstockThe March Manufacturing ISM Report on Business shows that the Purchasing Managers Index (PMI) came in at 53.7%. Growth was reported in New Orders, Employment, Production and Inventories subcomponents. Supplier deliveries slowed in March.…
When it rains, sometimes it pours, and it is pouring on GM right now. Since February the company has issued recall notices for some 5.5 million vehicles worldwide, including 1.5 million added late Monday.
ThinkstockInvestors who own consumer discretionary stocks have been battered this year. The sector is down 4.53% and is the worst overall performer in the S&P. After being a market leader the past two years,…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on the first day of April 2014. They include Coupons.com, Micron Technology , 3D Systems, Splunk and Stratasys.
courtesy of Cisco SystemsThe market exploded to end the first quarter, and once again investors are shaking their heads. After three months with much more volatility than all of 2013, we end up just…