In general, the relatively small increases in short interest in solar stocks during the during the two weeks to October 15 indicates that there is probably not a lot of room left at the…
Potash Corp. of Saskatchewan Inc. (NYSE: POT) reported third-quarter 2012 results before markets opened this morning. The fertilizer maker posted diluted earnings per share (EPS) of $0.74 on revenues of $2.14 billion. In the…
We have tracked the key short interest changes as of October 15 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp.…
Wynn Resorts Ltd. (NASDAQ: WYNN) reported third-quarter 2012 results after markets closed today. For the quarter, the resort and casino owner posted adjusted diluted earnings per share (EPS) of $1.48 on revenues of $1.3…
The three major U.S. stock indexes opened higher this morning following a better-than-expected PMI reading from China (more coverage here) that was mostly untempered by lower-than-expected PMI readings from Europe (more coverage here). Index…
The U.S. Department of Interior’s Bureau of Ocean Energy Management (BOEM) has agreed to lease 96,430 acres of federal waters about 11 miles off the Delaware coast for the development of a proposed 450-megawatt…
Earlier this week, CSX Corp. (NYSE: CSX) reported quarterly results that were more or less in line with estimates, but the mix of shipments was not what the railroader was used to. Coal shipments…
Countrywide Financial Corp., now part of Bank of America Corp. (NYSE: BAC) is the gift that just keeps on giving. Today, for example, the former high-flying mortgage lender delivered a lawsuit to BofA from…
The Organization of Petroleum Exporting Countries (OPEC) has been reviewing candidates to replace Libya’s Abdalla el-Badri as secretary general of the organization. A panel comprised of junior OPEC officials has been meeting to review…
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 5.9 million barrels last week, bringing the total U.S. commercial crude inventory to 375.1…
The U.S. Census Bureau this morning released data on new single-family home sales for September. Sales rose 5.7% month-over-month, to a seasonally adjusted annual rate of 389,000. Economists had been expecting a seasonally adjusted…
Tempur-Pedic International Inc. (NYSE: TPX) reported disappointing earnings results after markets closed last night and the company’s shares are paying the price today. Shares were down more than 20% in the first 10 minutes…
Wikipedia/Public DomainDelta Air Lines Inc. (NYSE: DAL) reported third-quarter 2012 results before markets opened this morning. The airline posted adjusted diluted earnings per share (EPS) of $0.90 on revenues of $9.92 billion. In the…
Boeing Co. (NYSE: BA) reported third-quarter 2012 results before markets opened this morning. The aerospace company posted diluted earnings per share (EPS) of $1.35 on revenues of $20 billion. In the same period a…
Defense contractors General Dynamics Corp. (NYSE: GD) and Northrop Grumman Corp. (NYSE: NOC) reported third quarter 2012 results before markets opened this morning. General Dynamics posted diluted earnings per share (EPS) of $1.70 on…
The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 12% in the group’s seasonally adjusted composite index compared with last week’s decrease of 4.2%. Unadjusted,…
Netflix Inc. (NASDAQ: NFLX) reported fiscal third quarter 2012 results after markets closed today. For the quarter, the video distribution company posted adjusted diluted earnings per share (EPS) of $0.13 on revenues of $905…
The three major U.S. stock indexes opened lower this morning and remained in negative territory all day. The decline is down to weak earnings from many U.S. firms reporting results today. In Europe, Moody’s…
Today’s announcement from Apple Inc. (NASDAQ: AAPL) started off with a review of sales for the recently introduced iPhone 5. Sales were good — no surprise there. Apple CEO Tim Cook also noted that…
Ally Financial inc.Just to keep you up-to-date on a business that is owned by U.S. taxpayers, Ally Financial Inc. said today that it had sold its Canadian assets to Royal Bank of Canada (NYSE:…