Will the Hammer Finally Fall on American Apparel?
Shares of American Apparel fell to an all-time low of $0.55 Friday, after a report on Thursday that the company had hired a law firm to help it figure out its restructuring options.
Archive
Year: 2014
All Year: 2014 Articles
Newest first · Page 428Apple Founder Steve Jobs to Be Honored With Postage Stamp
By Matthew YoheMatt Yohe at en.wikipedia CC-BY-3.0, from Wikimedia CommonsWhile the irony of Steve Jobs being honored on a U.S. postage stamp is not lost on anybody in the technology world, it certainly highlights…
Short Sellers Could Help GenCorp Shares Possibly Double
ThinkstockShort sellers are an interesting lot. They may be betting against the market or against a specific stock, but they are a necessary and useful aspect required for most markets. GenCorp Inc. (NYSE: GY)…
February New Car Sales on Pace for Record
ThinkstockWhile the weather in much of the country has been weighing down new car sales since the beginning of the year, analysts at J.D. Power and LMC Automotive expect the spell to break in…
Can Microvision Growth Be Sustained This Time?
MicroVision shares were jumping for a second day in a row Friday on the heels of Sony's introduction of a new handheld projector that uses Microvision's technology. The laser-based technology lets users project images…
January Sales of Existing Homes at 18-Month Low
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in January fell 5.1% to 4.62 million from a total of 4.87 million in December. Sales are…
Analyst Calls Whole Foods a Bargain Now Against Peers
Has the sell-off in the organic and natural foods giants created a buying opportunity? Apparently that is what Oppenheimer believes, as it initiated coverage on the sector and assigned a new Outperform rating to…
Verizon Wireless Deal Is Done: Now What?
Vodafone closes the sale of its 45% stake in Verizon Wireless to Verizon Communications Friday and pockets $130 billion. The company will distribute $82.5 billion of that to its shareholders beginning next week.
Abercrombie Board Fight Comes Just Before Earnings
Engaged Capital, an investor in Abercrombie & Fitch, said it has nominated five directors to the retailer's board. This is part of the investment company's ongoing efforts to prompt Abercrombie to sell itself.
Fannie Mae Bailout Return: $84 Billion Profit in 2013 — Taxpayers Made Whole
Fannie Mae has reported its 2013 earnings and the taxpayers appear to be sitting on a profit from the bailout. It is still likely that many members of Congress will keep up their fight…
Under Armour Signs Up Again to Make Suits for U.S. Speed Skaters
Despite the bad press it has received over the suits it provided to the U.S. Olympic speed skating team, Under Armour on Friday confirmed that it has renewed its partnership with US Speedskating through…
Rising Global Growth Set to Push These Four Stocks Higher This Year
In a new research report, Deutsche Bank analysts start coverage on some of the top machinery names on Wall Street. Here are their four top machinery stocks to buy that may offer investors a…
Top Analyst Upgrades and Downgrades: Groupon, Nordstrom, Seagate, Walmart, Whole Foods and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms for Friday February 21, 2014. They include Groupon, Nordstrom, Seagate Technology, Walmart and Whole Foods.
Australian Air Force Orders Eight Boeing Spy Planes
The Australian Air Force will buy eight P-8A Poseidon spy planes from Boeing for $3.6 billion. The U.S. Navy already plans to purchase 117 of the planes, and Boeing is selling 12 similar planes…
Top Wall Street Analyst Sell Ratings on High Profile Stocks This Week
ThinkstockAt 24/7 Wall Street we have been running weekly research screens to scan the brokerage firms we cover for the stocks that are cut to Underperform or Sell ratings. The higher the market drifts,…