U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both manufacturing and non-manufacturing (more…
ThinkstockShares of radio frequency (RF) technology company ParkerVision Inc. (NASDAQ: PRKR) are soaring today following the company’s announcement of a favorable “Markman Order” in a patent infringement suit that ParkerVision filed in 2011 against…
ThinkstockThe delinquency rate for mortgage loans fell to its lowest level since 2008 at the end of the fourth quarter of 2012. The seasonally adjusted delinquency rate of 7.09% was down 31 basis points…
ThinkstockFor the first time in a decade, global solar photovoltaic (PV) demand grew by less than 10%. Installations totaled 29,000 megawatts of solar PV in 2012, up just 5% from 27,700 megawatts in 2011.…
ThinkstockIf you think you’ve seen this movie before, well, you have. VeriFone Systems Inc. (NYSE: PAY) is replaying the scenario the company rehearsed more than two years ago when the stock price plunged by…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 4.1 million barrels last week, bringing the total U.S. commercial crude inventory to 376.4…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 127 billion cubic feet last week, slightly higher than the decline of 122 billion cubic feet anticipated by analysts.…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in January rose 0.4% to 4.92 million from a downwardly revised total of 4.9 million in December.…
ThinkstockSafeway Inc. (NYSE: SWY) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the grocery store chain posted adjusted diluted earnings per share (EPS) of $0.94 on revenues of…
ThinkstockThe January expiration of the 2% temporary cut in payroll taxes is beginning to exact its toll on the U.S. economy. A recent survey from the National Retail Federation (NRF) confirms what everyone suspected…
ThinkstockLinn Energy LLC (NASDAQ: LINE) and its subsidiary LinnCo LLC (NASDAQ: LNCO) announced this morning that the two companies have signed a definitive merger agreement with Berry Petroleum Co. (NYSE: BRY) under which the…
ThinkstockShare prices appreciated by at least 80% for most major crude oil refiners in 2012, a far better performance than turned in by the integrated oil companies, the oil services firms and, saints preserve…
ThinkstockChesapeake Energy Corp. (NYSE: CHK) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the oil and gas exploration and production company posted adjusted earnings per share (EPS) of…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) reported fourth quarter and full year 2012 earnings after markets closed today. For the quarter, the electric car maker posted an adjusted diluted earnings per share…
U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from a higher-than-expected reading on…
Total U.S. online travel-related spending came to about $103 billion in 2012 according to the latest data from comScore Inc. (NASDAQ: SCOR). Air travel alone accounted for about two-thirds of all travel spending. Both…
ThinkstockAmong the companies hit hard by the sudden impact of hydraulic fracturing technology and the subsequent boom in U.S. natural gas production, one of the hardest hit was Devon Energy Corp. (NYSE: DVN), which…
courtesy of Facebook Inc.Everyone knows that if a company or product shows up on the first page of results from a search engine query, the chances that the company or product will get noticed,…
courtesy of Apple Inc.During the fourth quarter of 2012, Apple Inc. (NASDAQ: AAPL) shipped an estimated 27.4 million units of its iPhone 5 to world markets. The company also shipped 17.4 million units of…
ThinkstockIf a country spends $92 billion in three years to get its hands on energy resources outside its borders, then what is a good return on that investment? That is how much China’s massive…