The 2011 holiday season is very likely going to be a tale of two classes. For the well-off — those with discretionary incomes above $250,000 — spending is expected to increaseby about 7%. For…
Large US oil companies have had a good year. Not the best ever, but good nonetheless on high prices for crude oil. The big reason for solid profits has been the differential between the…
The number of jobs in the US solar industry has risen by 6.8% year-over-year from August 2010 to August 2011. Over 100,000 people are now employed in making, selling, and installing solar systems in…
The Boeing Co.Boeing Co. (NYSE: BA) announced yesterday that an order for 24 of the company’s new 787 Dreamliners was cancelled by China Eastern Airlines Corp. (NYSE: CEA). A company spokesman also said that…
Our look at stock target prices focuses on homebuilders and home improvement stores today. It is not news that U.S. homebuilders have had a very tough few years. In the past five years, only…
The iPhone 4S topped 4 million sales in its first weekend of availability, according to maker Apple Inc. (NASDAQ: AAPL). On the other end of the continent, Waterloo, Ontario-based Research in Motion Ltd. (NASDAQ:…
Over the weekend, pipeline company Kinder Morgan, Inc. (NYSE: KMI) announced that it would pay approximately $21.1 billion in cash and stock for El Paso Corp. (NYSE: EP) and El Paso Pipeline Partners L.P.…
The US Senate has passed legislation that could make it easier for the Treasury Department to hit China with sanctions as a currency manipulator. China’s response, so far, has been to tell the US…
The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed the dismal…
Last April General Electric Co. (NYSE: GE) announced that it would build a thin-film solar plant with a capacity of 400 megawatts of annual production, but it did not specify where the plant would be. The suspense…