IPOs: Weekly Review and Preview
ThinkstockThe initial public offering (IPO) market has nearly hit stall speed. Only two IPOs were scheduled for last week. For next week we are expecting just one launch. First, a look at the mixed…
Archive
Year: 2014
All Year: 2014 Articles
Newest first · Page 417Gap Moves Into China
Wikimedia CommonsGap’s (NYSE: GPS) earnings in the fourth quarter and for the 2013 fiscal year were good enough to get modest applause from Wall Street. However, unlike other large American retailers, its revenue outside…
Detroit Downgraded by Fitch
ThinkstockDetroit has enough problems with its shrinking population and falling tax bases, its Chapter 9 filing, and battles with pensions and bondholders. However, its troubles increases as Fitch downgraded bonds issued by the city…
Will IBM Layoff 15,000 Americans?
courtesy of IBMThe rumors around the tech world and Wall Street are that IBM (NYSE: IBM) will cut as many as 15,000 jobs in the U.S. as part of a restructuring. The actual number…
Five Huge Sell Ratings After News: Tesla, InterMune and More
The higher the market goes, the more likely analysts are to pull the trigger on names they think are stretched. The problem for analysts: In a hot market, stocks often go higher when they…
Strong Buffett 2013 Annual Report, Yet Book Value Not Keeping Up With Stock
White House Photo by Pete SouzaWarren Buffett has released the highly anticipated Annual Report for Berkshire Hathaway Inc. (NYSE: BRK-A), which also contains the highly visible Annual Letter to Shareholders. Buffett is often considered…
Farm Prices Rise, Consumers Paying More for Milk, Beef
ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on February farm prices Friday afternoon. The all-products price index rose by 7 points month-over-month (7.1%) to 106, with the crop index up 4%…
The Endgame for NII Holdings Nears
ThinkstockNII Holdings Inc. (NASDAQ: NIHD) is not trading like a company that simply reported a wider loss than expected. The Latin American wireless Nextel telecom provider i sin trouble and signaled that it will…
Apple Shareholders Vote Down Investors’ Proposals
courtesy of Apple Inc.At the company’s annual shareholder meeting Friday morning, Apple Inc. (NASDAQ: AAPL) investors have rejected all the proposals put forward by shareholders for a vote. Activist investor Carl Icahn had already…
Did Ethanol’s Long-Term Prospects Really Just Improve?
Pacific Ethanol nearly collapsed a few years ago from low demand and high corn prices. But it has been able to resume production at plants in Oregon, Idaho and California.
Gasoline Prices Rise for 21 Straight Days
ThinkstockThe national average price of a gallon of gasoline has risen every day for the past 21 days, according to AAA. In the month of February, gasoline prices rose $0.17 a gallon to end…
Analyst Says Lululemon Woes Not Over, Maybe Getting Even Worse
Credit Suisse's analyst Christian Buss has put out a new warning on Lululemon. The firm already had a Neutral rating, but the price target in this call was lowered to less than Thursday's closing…
Varonis Systems: Friday’s Hot IPO
Enterprise software maker Varonis Systems held its initial public offering Friday morning. The company sold 4.8 million shares at an IPO price of $22, which was above the recently raised expected range of $19…
Is China Unofficially Depegging Against the Dollar?
ThinkstockThe Chinese renminbi, or yuan, is still pegged to the U.S. dollar. China has been accused of being a currency manipulator in the past, even though almost every nation is a currency manipulator these…
Pending Home Sales Remain at Two-Year Low
ThinkstockThe National Association of Realtors (NAR) Friday morning released its data on pending sales of existing homes in January. The pending home sales index rose a tiny 0.1% from an upwardly revised index reading…