Homebuilder Confidence Levels Out in January
Following an unexpected jump last month, builder confidence has essentially leveled out, according to the NAHB. Many markets continue to improve, which bodes well for future home sales.
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Newest first · Page 474Bitcoin Moves to Pro Sports — Sacrament Kings in the NBA
The NBA's Sacramento Kings will be the first major professional sports franchise to accept bitcoins. If one NBA team is doing it, others are likely to follow. If the NBA accepts it, why not…
The Death of the Best Buy Turnaround
Best Buy shares were crushed in premarket trading Thursday after the company reported disappointing holiday sales and forecast a larger-than-expected decline in quarterly operating margins.
Citigroup Earnings Disappoint
Citigroup shared its fourth-quarter and full-year 2012 results before markets opened Thursday morning. The bank missed on both the top and bottom lines for both periods.
J.P. Morgan Strategist Says One-Quarter of All Stocks Are Still Cheap
After a strong 2013 where the S&P 500 was up almost 30%, you would think that most stocks would be close to being fully priced. That's not what Thomas Lee, the chief equity strategist…
Weekly Jobless Claims and Consumer Prices Bring Profit Taking
Ed Brown, via Wikimedia CommonsThe Labor Department has two key readings out this Thursday — the Consumer Price Index and Weekly Jobless Claims. Headline inflation, the CPI, is mostly in-line with expectations for the…
Top Analyst Upgrades and Downgrades: Alcatel, CSX, Family Dollar, HP and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, January 16.
Piper Jaffray Has Four Biotech Stocks to Buy With Huge Potential
The analysts at Piper Jaffray have returned from meeting with some of the top biotechs the cover, and they have gleaned some interesting morsels that could be huge as the year wears on.
Goldman Sachs Crushes Earnings Estimates
Goldman Sachs has managed to absolutely crush its earnings expectations for the fourth quarter of 2013. The bulge bracket broker, or the bank holding company without a bank operation, is attributing its client franchise…
Strong Growth Lifts UnitedHealth Earnings
Before markets opened Thursday morning, UnitedHealth Group reported fourth-quarter and full-year 2013 results that topped consensus estimates on the top and bottom lines.
GM and Ford Suffer More Sales Declines in Europe
If General Motors and Ford need success in Europe to round out whatever strength they have in Asia and the United States, then each suffered a sharp setback last year.
Foreclosure Filings Drop to 1.4 Million in 2013
ThinkstockForeclosure filings dropped back to 1.4 million on U.S. properties, the lowest level since 2007, which was before the Great Recession began. The figure was down 26% from 2012, and is another clear sign…
Amazon Dodges Union Bullet, for Now
Amazon.com workers in Delaware turned down the opportunity to join the International Association of Machinists and Aerospace Workers by a margin of 21 to six. The win for Amazon was much, much larger than…
More Americans Worse Off Financially Than a Year Ago
ThinkstockIf the general U.S. economy has improved over the past year, most Americans have not seen its benefits, at least based on their personal experiences, according to new data from Gallup. The news is…
J.C. Penney Store Closures — Likely Just a Starting Point
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertJ. C. Penney Company Inc. (NYSE: JCP) is raising the white flag of surrender on some of its operations. Late on Wednesday came word that the…