The 4 Stocks That Dominated the Market
thinkstockMay 27, 2014: Markets opened higher on Tuesday and the S&P promptly opened above the all-time high close it set on Friday. Before the day was out the S&P 500 had posted an all-time…
All Work
Paul Ausick
Did Twitter Miss a Good Deal in $230 Million Omnicom Pact?
courtesy of TwitterWhen Twitter Inc. (NYSE: TWTR) acquired mobile ad exchange MoPub last September the microblogging company got a real-time exchange that allows advertisers to automate their mobile ad buying. Today ad agency Omnicom…
Ford’s 2015 Mustang Takes Europe by Storm
Last Saturday was the first day that European drivers could place their orders for the all-new Mustang. Ford even offers the new Mustang with a right-hand drive option for the United Kingdom.
Why Apple Posted 52-Week High
When Apple shares put in a new high, most of us want to know what's going on with the world's most valuable tech company. Right now, two or three things on Apple's horizon could…
BioCryst Crushes It on Rare Immune Disorder Drug Trial
BioCryst Pharmaceuticals broke higher Tuesday morning, following the company's announcement that its oral drug for hereditary angioedema met objectives established for its Phase 2a clinical trial.
Case-Shiller: Pace of Housing Price Hikes Continues to Slow
ThinkstockThe S&P/Case-Shiller home price index for March rose 0.9% for the 20-city and 0.8% on the 10-city composite indexes. The 20-city composite rose 12.4% year-over-year, above the consensus estimate for a gain of 11.9%.…
Diet Soda Drinkers Lose More Weight
courtesy of PepsiCoSales of diet soft drinks have been fizzling out for several years running, and the industry has not been able to come up with a way to stop the decline. Soft drink…
Pilgrim’s Pride Makes Hostile Bid for Hillshire
Pilgrim’s Pride has unveiled an unsolicited bid of about $6.4 billion to acquire food processor Hillshire Brands.
JinkoSolar Blows It on Earnings
JinkoSolar reported mixed first-quarter 2014 results before markets opened Tuesday morning. Expectations may have been too high after a blowout fourth quarter.
Apple’s Huge Samsung Legal Battle
Late Friday afternoon, Apple filed a motion to ban smartphones made by Samsung that Apple claims infringe on its patents. It also filed a request for a retrial in the case that resulted in…
PlayStation 4 Preparing to Launch in China
Chinese gamers have only been able to play games on PCs and mobile devices. Gaming consoles such as PlayStation and the Xbox were banned by the government as a distraction for children.
Americans Watch Only 17 TV Channels
ThinkstockThe remote control in the hand of an average American now has a selection of 189 TV channels available for viewing. That is an increase of almost 50% in the past six years. So…
Morgan Stanley, Goldman Sachs Want Out of Commodities
ThinkstockBig banks that once made big bucks in physical commodities markets are now looking to pull out of those markets as new rules regarding capital requirements for those physical holdings take effect. The Federal…
Who’s Wearing the Black Hat, Amazon or the Book Publishers?
In a dispute that pits Amazon.com against Paris-based publisher Hachette Book Group, Amazon is being portrayed as the villain. It is worth remembering the background to this dispute.
Last Week’s IPOs: Winners and Losers
ThinkstockThe last week saw one huge success in the initial public offering (IPO) market, a few modest successes and a couple of losers. Because there is just one IPO scheduled for the holiday-shortened week…
First-Quarter Retail Earnings Downright Awful So Far
ThinkstockBy the end of last week, some 70% of retailers on the Retail Metrics Retail Earnings Index had reported first-quarter earnings, and the news has not been good. Retailers are missing expectations by an…
Half of Americans Cannot Save Money for Retirement
ThinkstockHow hard is it to save for a secure retirement? Nearly half of Americans in a recent survey said it is not possible for a middle-income family to save for retirement. Almost 25% said…
Cadillac Electric Car Prospects Fail
If General Motors ever has to recall the 2014 Cadillac ELR, the numbers are not likely to make front page news. In the five months the car has been available, GM has sold 241…
U.S. Expects Three to Six Hurricanes This Year
ThinkstockThe National Oceanic and Atmospheric Administration (NOAA) issued its 2014 Atlantic hurricane season forecast last week. The season runs from June 1 to November 30, and NOAA is predicting three to six hurricanes to…
America’s 10 Most Familiar Brands
To be familiar with a brand means a deeper level of engagement than simple awareness. However, it is not necessarily the case that a brand is familiar because it is a well liked one.