American Apparel Shares Rally 20%
American Apparel has hired an advisory firm to help it decide how to raise cash now that former CEO Charney is gone. Shares rallied 20%, but how long will enthusiasm last?
All Work
Paul Ausick
Crude Oil Inventories Rise, but Prices Follow
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.7 million barrels last week, maintaining a total U.S. commercial crude inventory of 388.1…
Short Sellers Pile Back Into the 3D Printing Sector
Short interest in three of the four 3D printing companies we follow rose sharply in the most recent period. Betting stock prices for these companies will fall again is not a bad play.
Barnes & Noble Stockholders Unwisely Cheer News of Company’s Split
Barnes & Noble reported fourth-quarter and full fiscal year results before markets opened Wednesday, and it announced that it will split into two businesses: B&N Retail and Nook Media.
Monsanto Boosts Buyback After Clearing a Low Bar
Monsanto reported disappointing third-quarter fiscal 2014 results before markets opened Wednesday morning. And Monsanto launched a new $10 billion share buyback program.
General Mills 2015 Outlook Banks on Cost Cuts as U.S. Sales Stall
General Mills reported disappointing fourth-quarter and full fiscal year 2014 results before markets opened Tuesday morning. It has begun a formal review of its North American manufacturing and distribution network.
Can ParkerVision Be Saved?
ParkerVision shares have dropped nearly 70% of their value since Monday, following a U.S. District Court's ruling against it in the company's long-running patent infringement battle with Qualcomm.
Lower Mortgage Interest Rates Slow Drop in Applications
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1% in the group’s seasonally adjusted composite index. That followed a drop of 9.2% for the…
The 4 Stocks That Tanked the Market
thinkstockJune 24, 2014: Markets opened mixed again on Tuesday with the tech-heavy Nasdaq Composite once more starting the day with a small gain. The S&P 500 put up an intra-day high before equities plunged…
Ten Must-Have Technologies for New Cars
BMW GroupA list of the high-tech features that new car buyers say they must have in new vehicle includes four that could be categorized as infotainment features and two that are clearly safety features.…
Ambarella Rides the GoPro Train Ahead of the IPO
When GoPro holds its initial public offering Thursday, one beneficiary is expected to be Ambarella. Ambarella may be a less risky way to play the GoPro IPO.
The Real Attraction to Vertex After Cystic Fibrosis Success
Vertex Pharmaceuticals has reported that two Phase 3 studies of its lumacaftor cystic fibrosis drug in combination with its Kalydeco ivacaftor showed positive results. Shares spikes on the news.
U.S. World Cup Hopes Push TV Ratings to Near-Olympics Level
ThinkstockNearly 25 million viewers in the United States watched Sunday’s World Cup match between the U.S. men’s national team and the Portuguese national team. That is well above the 16 million who watched the…
May New Home Sales Skyrocket to Highest Rate in Six Years
ThinkstockThe U.S. Census Bureau Tuesday morning released data on new single-family home sales for May. Sales rose 18.6% month-over-month, to a seasonally adjusted annual rate of 504,000, from a downwardly revised April sales figure…
Carnival Shares Sink After Disappointing Guidance
Carnival reported better-than-expected second-quarter fiscal 2014 results before markets opened Tuesday morning, but disappointing guidance sank shares.
Case-Shiller: Housing Price Gains at Slow Pace
ThinkstockThe S&P/Case-Shiller home price index for April rose 1.1% for the 20-city and 1% on the 10-city composite indexes. The 20-city composite rose 10.8% year-over-year, well below the consensus estimate for a gain of…
Walgreen’s Misses Estimates, Promises Answer on Offshore Move
Walgreen reported third-quarter fiscal 2014 results before markets opened Tuesday morning and withdrew its fiscal 2016 goals in lieu of its impending merger with Alliance Boots.
Why Micron’s Earnings Were Not Good Enough
Micron Technology reported its third-quarter earnings after markets closed Monday night, and the semiconductor maker beat consensus estimates for both earnings per share and revenues.
Micron Earnings Can’t Match High Expectations
ThinkstockMicron Technology Inc. (NASDAQ: MU) reported its third-quarter earnings after markets closed Monday night. The DRAM and chip maker’s adjusted earnings per share (EPS) came to $0.79 per share on revenue of $3.98 billion.…
The 4 Stocks That Sank the Market
thinkstockJune 23, 2014: Markets opened mixed on Monday with the tech-heavy Nasdaq Composite starting the day with a small gain before giving in to selling pressure in mid-morning. Volumes remain low and today’s decline…