The 4 Stocks That Pushed Markets Higher
thinkstockMarch 28, 2014: Markets opened higher on Friday on hopes for more government stimulus to the economies of Japan and Europe. There might also have been some investors looking to pick up shares that…
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Paul Ausick
GM Halts Sales of Some Cruze Models
General Motors sent an email notice to all U.S. Chevrolet dealers to stop selling some 2013 and 2014 models of the company's Cruze compact cars. No recall order has been issued -- yet.
Why Investors Are Welcoming the 58.com Secondary Offering
58.com sold 6 million American Depositary Shares Friday morning at a price of $38.00 apiece. The company sold 2 million shares and selling shareholders sold the rest.
McDonald’s Offers Free Coffee!
Taco Bell has rolled out a new breakfast menu. To fight back against this new threat, McDonald's is giving away free coffee during breakfast hours for two weeks beginning March 31.
Voxeljet Offering: Insiders Selling Out, Even After 60% Drop
Germany-based 3D printer maker Voxeljet reported fourth-quarter earnings on Thursday and, at the same time, registered another 4.25 million ADSs with the U.S. Security and Exchange Commission.
High Lime Prices Kill Celebrations
ThinkstockThere are at least two stories about the skyrocketing cost of limes: one is a poor harvest in Mexico, and the other is the mob. The growers and the government want you to believe…
BlackBerry Earnings Only Look Good Because They’re Not Awful
BlackBerry reported fourth-quarter and full-year fiscal 2014 earnings before markets opened Friday morning. Shares got a boost from the lower-than-expected losses.
Walmart Sues Visa — More Suits to Come
The world's largest retailer filed suit with the federal court in western Arkansas, claiming that credit card company Visa charged excessive card swipe fees. Is MasterCard next?
The 4 Stocks That Drove the Market Lower
thinkstockMarch 27, 2014: Markets opened lower on Wednesday even following an upwardly revised estimate of 2.6% growth for U.S. GDP in the fourth quarter and an unexpected drop in new claims for jobless benefits.…
Can Fuel Cell Stocks Learn to React Reasonably Around News?
Anyone looking for a long-term investment in the fuel cell makers soon will be seriously disappointed. As one research firm pointed out, these are all "casino" stocks -- the action is what matters, not…
IPO Winner for HR Services Provider TriNet
TriNet, a provider of human resources solutions for small and medium-size businesses, launched its initial public offering Thursday, selling 15 million shares at $16 apiece.
Pending Home Sales at 30-Month Low
ThinkstockThe National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes in February. The pending home sales index fell 0.8% from a downwardly revised index reading of 94.7…
Natural Gas Supply a Continued Boom for Producers
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 57 billion cubic feet for the week ending March 21. That compared with an expected drop of 50…
Outlook for GameStop Weighs on Its Future
GameStop reported disappointing fourth-quarter and full-year 2013 results before markets opened on Thursday morning, despite a boost from the launch of PlayStation 4 and Xbox One.
Lululemon Earnings Rollercoaster Sets a Lower Bar
Lululemon Athletica reported better-than-expected fourth-quarter and fiscal-year results before markets opened Thursday morning. It also offered soft guidance for the current quarter and year.
Boeing Losing Its Grip on Japan
All Nippon Airways, Japan's largest airline, has ordered 40 new planes from Boeing and 30 from Airbus. ANA has not purchased planes from Airbus since the 1990s.
The Four Stocks That Wrecked the Market
thinkstockMarch 26, 2014: Markets opened higher on Tuesday but equity prices trailed downward all morning, finally going into the red in the early afternoon. If there was any momentum in today’s market it couldn’t…
New Car Sales Forecast: Higher in March
ThinkstockThe March forecast for new car sales calls for a year-over-year increase of 2% to a seasonally adjusted annual rate of 15.7 million units according Kelley Blue Book (KBB). The forecast for the quarter,…
U.S. Oil Now 10% of World Total
ThinkstockThe United States now produces 10.4% of the world’s crude oil, or 7.84 million barrels of crude oil a day. Of that total, 3.22 million barrels (43%) come from tight plays, including the shale…
Connecticut May Be First to Adopt $10.10 Minimum Wage
ThinkstockIf everything goes as expected, the state of Connecticut will become the first state to enact legislation raising the state’s minimum wage to $10.10 an hour, in line with President Obama’s proposed national increase…