With the fourth quarter of 2011 racking up better-than-expected sales gains both in on-line and brick-and-mortar stores, and some encouraging reports from homebuilders and on employment, the US economy going into 2012 looks to…
Holiday shoppers have been spending in force this year, both in brick-and-mortar stores and, even more strongly on-line. Sales are up more than 3% overall and on-line sales are 15% higher than a year…
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Marshall Edwards Inc. (NASDAQ: MSHL), Canadian Solar Inc. (NASDAQ: CSIQ), Targacept…
The US International Trade Commission has issued a ruling in a suit brought by Apple Inc. (NASDAQ: AAPL) against Taiwan’s HTC Corp., maker of smartphones that use the Android operating system from Google Inc.…
The Census Bureau reported this morning that new housing starts in the US rose to a seasonally adjusted annual rate of 685,000, up 9.3% from the revised October figure of 627,000 and up 24.3%…
Last Friday, Cablevision Corp. (NYSE: CVC) lost its COO when Tom Rutledge unexpectedly resigned. Cablevision’s stock fell more than -10% on the news. Things aren’t likely to get better for the company today, with…
US stock futures are higher this morning following European markets, where a report from Germany on business confidence came in better than expected. In the US, a report on November housing starts is expected…
The US Army Corps of Engineers has approved a plan by ConocoPhillips Corp. (NYSE: COP) to develop the first of the hundreds of leased parcels in the National Petroleum Reserve-Alaska. The US has been…
US equity markets opened a bit higher this morning, after futures trading pared early morning gains. Early optimism, however, was not to pan out, following some rather downbeat remarks from the president of the…
The members of the European Monetary Union have agreed to a bilateral loan program that will provide euro150 billion to the International Monetary Fund in an effort to halt the sovereign debt crisis in…
The National Research Council was asked by the state of Virginia two years ago to prepare a report on the viability and safety of mining a uranium deposit in the state that holds 119…
The US Treasury this morning auctioned $35 billion in two-year notes at a yield of 0.24%, in-line with expectations. The bid-to-cover ratio was 3.45, slightly higher than the 3.38 average of the 10 most…
Spending on advertising barely showed a pulse in the third quarter of 2011, growing by just 0.4%, according a report from Kantar Media cited in The New York Times. Spending growth has slowed in…
Shares of Bank of America Corp. (NYSE: BAC) posted a new 52-week low today at $5/share. BofA isn’t the only loser in the financial sector — JPMorgan Chase & Co. (NYSE: JPM), Goldman Sachs…
As Japan continues to recover from the disaster at is Fukushima Daiichi nuclear power plant following last Spring’s earthquake and tsunami, a government committee has produced estimated generation costs for a wide range of…
Caterpillar Corp. (NYSE: CAT) has been one of the Dow Jones 30’s best performers over the past couple of years, but the past six months have not been especially kind to the heavy equipment…
The National Association of Home Builders (NAHB) released its monthly homebuilders confidence index for November this morning. The index rose from a revised level of 19 in November to 21 in December. A reading…
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Winn-Dixie Stores, Inc. (NASDAQ: WINN), Seanergy Maritime Holdings Corp. (NASDAQ: SHIP),…
Remarks made over the weekend by Nokia Corp. (NYSE: NOK) CEO Steven Elop appear to quell any notion that the company plans to enter the tablet market any time soon. The company has just…
German conglomerate Siemens AG (NYSE: SI) recently formed a new division, Siemens Government Technologies, to focus on sales to the US government. The new division now has a new chairman, retired US Army four-star…