The solar sector took a severe beating in 2011 as module prices fell by more than 40%. The bleeding has stopped for now, and most of the solar makers have worked through their inventory…
Just after noon ET today, all three major US stock indexes are showing losses, with the DJIA down about 49 points at about 12,916, the Nasdaq down nearly 18 points at 2,931, and the…
The three major US equities indexes opened lower this morning as manufacturing data from Europe came in below expectations and the ratings cut to ‘CCC’ on Greek debt by Fitch Ratings has cooled expectations…
The US Food and Drug Administration has rejected a request from orange juice producers to allow more of the fungicide carbendazim in US imports of orange juice. Two major US producers of orange juice…
The east coast of Scotland and the northeast coast of England are among the windiest places in the world, and the two areas are about to add some hot air to the mix. Spanish…
US index futures are essentially flat this morning following a report that European manufacturing is slowing and that China’s factory output was lower for the fourth consecutive month. Rising crude prices are also weighing…
About two weeks ago, Boeing Co. (NYSE: BA) revealed that one of the first of the company’s 787 Dreamliners shipped to All Nippon Airways had developed a de-lamination problem in the fuselage skin. The…
The US Consumer Financial Protection Bureau (CFPB) is launching an investigation into the impact of overdraft fees on bank customers. The agency plans to collect data from the largest US banks in an effort…
China, India, and Japan together take about one-quarter of Iran’s daily exports of crude oil. Under new sanctions being imposed by the US and the EU, that quantity is likely to drop significantly. Last…
Pointing to possible supply disruptions and to dwindling spare capacity, the head of the energy research group at Goldman Sachs Group Inc. (NYSE: GS) says there is an increasing likelihood that crude oil prices…
US markets opened higher this morning and traded higher for most of the day. The DJIA briefly rose above 13,000 for the first time in nearly 3 years. But in the early afternoon, apparently…
Research in Motion Inc. (NASDAQ: RIMM) has today released an upgrade to the operating system of its PlayBook tablet. PlayBook OS 2.0 is based on the company’s recently acquired QNX operating system which will…
Add Comcast Corp. (NASDAQ: CMCSA) to the list of challengers to the dominance of Netflix Inc. in the growing market for video streaming. Amazon.com Inc. (NASDAQ: AMZN) is the current owner of second place,…
Since the beginning of the year the Philadelphia Semiconductor Index is up about 17%. The run-up may be over for some chip makers and sustainable for others. Analysts have set some new target prices…
For the first time since May 20, 2008, the Dow Jones Industrial Average (DJIA) has poked through the 13,000 level. The index has since come back a little, to 12,997. If the DJIA should…
Just before noon ET today, all three major US stock indexes remain in positive territory, with the DJIA up nearly 45 points at about 12,995, the Nasdaq up 10 points at 2,962, and the…
Three companies are banding together to build a new 210-mile crude oil pipeline from western Oklahoma to the Cushing hub, where a new 1-million barrel storage facility will also be constructed. Chesapeake Energy Corp.…
There are reports out today that Barnes & Noble Inc. (NYSE: BKS) is set to launch an 8-Gbyte version of its Nook tablet tomorrow and Wal-Mart Stores Inc. (NYSE: WMT) is expected to announce…
Americans are less confident in the country’s economic outlook than they were a month ago, according to the lastest survey from Gallup. The reading for February is -23, down from -20 in January. Overall,…
At the end of December, Brent crude spot prices were around $107/barrel and WTI spot prices were around $99/barrel. Since then, Brent has risen to right around $121/barrel today and WTI is up to…