When Warren Buffett adds a new stock to his Berkshire Hathaway portfolio, everyone notices. When hedge fund managers John Paulson and Kyle Bass add the same stock, everyone pays more attention.
ThinkstockJumei International Holding Ltd. (NYSE: JMEI) operates China’s leading online beauty products site, Jumei.com. The company priced its initial public offering of 11.14 million shares at $22 a share on Thursday, above the expected…
The National Highway Traffic Safety Administration began assessing a fine of $7,000 a day against the GM for failing to meet an April 3 deadline to respond to questions related to its investigation.
Wikimedia CommonsTrueCar Inc. priced its initial public offering (IPO) of 7.8 million shares at $9 a share Thursday evening, well below the expected range of $12 to $14 per share. The lower price gives…
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in April rose to a seasonally adjusted annual rate of 1.07 million, an increase of…
courtesy of Sony Corp.With all the electronic gadgets people can own these days, one might think that U.S. demand for electricity would be going through the roof. Actually demand growth for electricity was only…
Canadian Solar reported mixed first-quarter 2014 results before markets opened Friday morning. The company said it is counting heavily on its project pipeline in Japan.
thinkstockMay 15, 2014: Markets opened lower on Thursday and traded lower all day as the market headed for its second straight losing day. The 10-year Treasury note was in demand again today, pushing yields…
ThinkstockMost Americans think that the state they live in is also a good place for racial and ethnic minorities to live. In a recent poll of all 50 states, the highest scoring state is…
3D printing company ExOne reported a bigger-than-expected first-quarter net loss before markets opened Thursday morning. The company still expects to boost its revenues up to 50% for the full year.
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for May slipped to 45 from a downwardly revised reading of 46 in April. The reading was below a consensus forecast of 49…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 105 billion cubic feet for the week ending May 9. That compared with an expected increase of around…
General Motors issued five new recall notices Thursday morning, affecting some 2.7 vehicles. The share price dipped about 1% on the announcement.
Courtesy Toyota Motor Corp.What exactly is reliability in a car? Most ratings are based on owner surveys in the first few months or first year of ownership. With the average age of a U.S.…
The Boeing Co.When its Flight 370 vanished in early March, Malaysia Airline System very likely knew that it was in for some rough times. The mystery of the plane’s disappearance adds drama to an…
Walmart reported disappointing first-quarter 2015 results before markets opened Thursday morning due to severe weather in the United States.
courtesy of General MotorsLast year was a very good year for carmakers. They sold more cars — 82 million — than in any of the past five years, and sales are expected to reach…
thinkstockMay 14, 2014: Markets opened lower on Wednesday after another record setting day yesterday. The yield on 10-year Treasuries fell as demand for safety prevailed. Among equities, utilities did well but it wasn’t enough.…
ThinkstockWhen Plug Power Inc. (NASDAQ: PLUG) reported first-quarter earnings, the company’s shares dived about 8% shortly after markets opened. Once the shares hit $3.70, the bulls showed up and the stock has managed to…
ThinkstockRising home prices, higher interest rates and low inventories have conspired recently to reduce the ability of middle-class Americans to buy a home. In some markets, middle-class buyers may be effectively shut out, while…