Garmin reported better-than-expected fourth-quarter and full-year 2013 results before markets opened Wednesday morning and said it would recommend a dividend hike at its June annual meeting. Shares rose 5% early Wednesday.
Shares of Yamana Gold have bounced about 23% off their 52-week low of $8.31 set on December 2. The company reported fourth-quarter earnings Wednesday, missing estimates and cutting the dividend by nearly 35%.
24/7 Wall St. has been covering this latest attempt by gold and gold-mining stocks to break out of their recent range. A report from Sterne Agee projects that gold and silver are fighting the…
The chemical sector has outperformed the S&P 500 in two-thirds of the past 15 years. Looking forward, 2014 looks to be another year of outperformance for the right stocks. Here are three top chemical…
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in January rose to a seasonally adjusted annual rate of 880,000. That was a decrease…
ThinkstockJanuary’s Producer Price Index has been released, and the wholesale inflation report is looking a bit more heated than what was expected. This report may be skewed or harder to compare on an apples-to-apples…
Signet Jewelers announced Wednesday morning that it will acquire Zale for $21 a share in cash for a total of about $1.4 billion. The combined company will have more than 3,500 retail stores. Shares…
From car sales to cancelled airline flights to empty stores, it has been a retail winter of discontent. With the calendar pushing toward spring, and temperatures finally lifting in the south, some of the…
Devon Energy announced Wednesday morning that it had sold the majority of its Canadian assets to Canadian Natural Resources for $2.8 billion. The transaction does not include its holdings in the oil sands and…
In a new research report, the energy analysts at Cowen point out that after three years of disappointment, 2014 is expected to represent a year of stabilization/moderate growth for mega-cap oil names.
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday February 19, 2014. They include Analog Devices, Chelsea Therapeutics, Tesla Motors and Westport Innovations .
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 4.1% in the group’s seasonally adjusted composite index. That followed a drop of 2% for the…
Even though some of the poorest people in the world can be found in emerging Asia, financial wealth there is on a path to outpace that of the United States by 2015, according to…
Among the many extraordinary ways Amazon.com has to draw consumers to its sites, and to get those consumers to spend money, is its trade-in program. Amazon has turned used items that might be discarded…
courtesy of SamsungSamsung will soon release its new smartphone, which will probably be called the Galaxy S5. Based on the analysis of experts who follow the industry, the S5 will need to sell much…