Lawn and garden products maker The Scotts Miracle-Gro Co. (NYSE: SMG) lowered its fiscal year guidance after markets closed last night, and the stock is taking a hit on very heavy trading today. The…
Shares of A123 Systems Inc. (NASDAQ: AONE) rose more than 50% yesterday on the company’s announcement of a new battery technology. While there is substantial promise in the new technology, which A123 calls Nanophosphate…
The development of unconventional natural gas resources in the lower 48 states supported 1 million jobs in 2010, and that total will grow to 1.5 million by 2015 and to more than 2.4 million…
Installation of solar photovoltaic (PV) panels doubled in 2011 and appears to be on track to grow by an additional 75% in 2012. But that could be end of the run for a while.…
The US Census Bureau reported this morning that retail sales in May fell by -0.2% month-over-month. Compared with May 2011, however, retail sales rose by 5.3%. For the three-month period of March through May,…
While airline fees for checked baggage are decidedly unpopular among travelers, other factors can combine to overcome the negative impact of fees. Low-cost carriers appear to have the advantage here over traditional carriers according…
nationsonline.orgThe European Union’s statistical agency, Eurostat, has released its report for April’s EU industrial production. Among the 17 members of the Eurozone, production fell -0.8% compared with March production, and among all 27 EU…
The International Energy Agency (IEA) this morning released its monthly oil market report, and as usual, there is some variation from the report that came out yesterday from OPEC. The IEA claims OPEC pumped…
The three major US stock indexes opened higher this morning as despite weak data from the UK and higher debt yields on Eurozone sovereign debt. Spanish 10-year bonds rose to a record yield of…
Less than a month ago, Verizon Wireless indicated that it would adopt a data plan that would allow its users to share data among a number of different devices, instead of having to have…
Solar panel maker First Solar Inc. (NASDAQ: FSLR) is trading up nearly 15% today following the company’s announcement that it will now keep its German manufacturing facility open until the end of this year…
Yields on 10-year Spanish bonds rose 27 basis points today to 6.80%, an all-time high. The country’s main stock exchange, the IBEX fell 1% and the Stoxx Europe 600 fell -0.2% on the news,…
US lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) has definitely had a rough year. Shares are down about -72%, making it the worst performer out of US battery makers like EnerSys (NYSE: ENS),…
The OECD has released a new report on retirement and pensions that conclude that governments can in fact raise retirement ages gradually as life expectancy rises in order to ensure that national pension plans…
The CEO and director general of the International Air Transport Association (IATA) told the group’s annual meeting in Beijing that the industry is “fragile … with serious downside risks.” The IATA has projected that…
OPEC’s Monthly Oil Market Report was released this morning and it showed that total crude oil production from OPEC member nations rose to 32.96 million barrels/day in April. That’s a rise of 631,000 barrels/day…
US Secretary of State Hillary Clinton yesterday issued a statement reporting that she will report to Congress that an additional 7 countries have been added to a list of 11 that are already exempt…
The three major US stock indexes opened higher this morning as investors reacted positively to the $125 billion bailout of Spain’s banks (more coverage here). Once investors understood that this was yet another of…
courtesy Green Mountain Coffee Roasters Inc.Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are getting hit today following an announcement by Kroger Inc. (NYSE: KR) that the grocery retailer will begin this fall…
The $125 billion bailout of Spain’s banks put some life in US stocks this morning, and boosted Brent crude prices to more than $102/barrel before tumbling back to below $98/barrel in the late morning.…