Friday's markets had been in limbo and were looking for direction, and the Chicago PMI acted as an unusual and unexpected catalyst for the stock market. Sometimes the market manages to run on small…
Compugen is raising close to $60 million in a secondary offering, but at a punishing price to any new shareholders who bought into this week's strength.
Carl Icahn, unsurprisingly, is not letting up on his attack on eBay. The billionaire and activist investor has released a response letter (to a response of a response) to eBay shareholders on Friday morning.
In an effort to drive up sales following nearly two months of awful weather, General Motors and Ford have extended their discounts on new vehicles through next month in an effort to attract traffic…
3D Systems reported fourth-quarter and full-year 2013 results before markets opened Friday morning. Increasing R&D and infrasturcture spending had an impact on the results. Shares were up sharply in premarket trading.
The technology analysts at UBS have spotted five red-hot stocks that may be poised to move much higher. All of these stocks are solid business leaders in their various fields, not hype or smoke…
ThinkstockFriday’s key economic report was the first revision to fourth-quarter gross domestic product (GDP). The Commerce Department’s numbers were expected to be revised down, and they were revised slightly more than expected. GDP for…
Samsung ElectronicsThe Mobile World Congress (MWC) has just wrapped up for 2014, and the future is looking decidedly different from today. The saturation of smartphones in to the marketplace is forcing the top IT…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on the final day of February 2014. The include Deckers Outdoor, InterMune, MarkWest Energy Partners, Medivation and Pan American…
Toy company Mattel said Friday that it has reached an agreement to acquire Mega Brands for about $460 million. Unless Hasbro steps up with a superior bid, Mattel will extend its revenue dominance over…
A regional court in Mannheim, Germany, dismissed a $2 billion claim against Apple made by IPCom, a Germany-based patent-owning company. The dismissal was made without comments.
Some experts believe the S&P 500 has risen too much, because the increase has little support from the general economy and corporate earnings. A sudden weakness of a few large cap stocks would cause…
Sales in the United Starts have been the Achilles' heel of Volkswagen's global prospects. VW has lost ground in America for several years, and that shows no sign of ending. The trend likely will…
ThinkstockAirline stocks have soared higher and higher. The age of consolidation is allowing the airlines to charge whatever they want, but 2014 is getting off to a rough start – a very rough start.…
ThinkstockThe Federal Reserve is under a new chairman, and the new policy is still one that will come with ongoing bond purchase tapering. Still, the Fed’s balance sheet keeps growing and is moving further…