thinkstockJanuary 29, 2014: Markets opened lower on Wednesday following Tuesday’s late policy rate hike by the Turkish government. The announcement that the Fed will again reduce its asset purchases added more volatility and downward…
courtesy of the Federal ReserveThe January 29 FOMC meeting was the last meeting to be under Fed Chairman Ben Bernanke. Janet Yellen will be the new Federal Reserve Chairman going forward. The markets had…
ThinkstockHome foreclosures are still high, but they’re falling and falling fast. That’s potentially good news for the economy. Real estate research firm CoreLogic reported on Wednesday that a total of 45,000 homes were foreclosed…
Biogen Idec surprised investors Wednesday with weaker-than-expected guidance for 2014 earnings. Amgen beat estimates late Tuesday. Celgene and Gilead Sciences report earnings on Thursday.
Yahoo! may be down about 7% after its earnings signaled what is still a lack of serious growth in its turnaround strategy. What is interesting is that the options trading community is keeping a…
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. Crude inventories are building again following the December declines that were related to reducing 2013 inventory taxes.
The woes of Apple are spilling over into its supply chain companies. Cirrus Logic is one name that comes directly into play here. Troubles at Cirrus should be bringing up concerns for other Apple…
The first mutual fund to cover the 3D printing and additive manufacturing space was announced Wednesday by Outlook Trust Funds. The fund is also the first to be launched by Outlook Trust.
Following Chrysler's earnings announcement Wednesday morning, it and Fiat revealed a new name for the combined company now that Fiat has acquired all the outstanding shares of Chrysler from a United Auto Workers pension…
Boeing reported better-than-expected fourth-quarter and full-year 2013 results before markets opened Wednesday. But weak guidance sent shares lower in premarket trading.
Valero Energy and Phillips 66 reported fourth-quarter and full-year 2013 earnings before markets opened Wednesday morning.
AT&T is the top stock in the Dogs of the Dow. It is nearly painful to imagine, but the payout ratio is reaching such a level that some are beginning to question it.
Frank Golhen, via Wikimedia CommonsMost of the firms that we cover on Wall Street have presented their high conviction stock picks for 2014. The analysts at Credit Suisse have taken a little bit longer…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 29, 2014. They include American Airlines, Electronic Arts, VMware, Walmart and more.
Like many firms on Wall Street, the biotechnology team at UBS thinks that most of the top mega-cap and large cap biotech stocks are poised to beat earnings estimates across the board. Investors who…