thinkstockDecember 18, 2013: Markets opened slightly higher on Wednesday, but didn’t move much until the afternoon FOMC announcement came out. Tapering has begun, and interest rates will remain at their near-zero level. The DJIA…
ThinkstockIt seems like we get new data every day reinforcing the message that online shopping (and spending) is better than ever this year. While we don’t know yet if this is poaching sales from…
Courtesy Boeing Co.Aircraft maker The Boeing Co. (NYSE: BA) announced Wednesday morning that the company had made a number of changes in its top management, including the naming of the current COO of its…
Courtesy Ford Motor Co.All the cheerful news aside, the one comparison that stands out in the outlook that Ford Motor Co. (NYSE: F) released Wednesday morning is the drop in expected pretax profit. For…
ThinkstockThe initial public offering (IPO) for AMC Entertainment Holdings Inc. (NYSE: AMC) priced 18.4 million shares at the low end of its expected range of $18 to $20 after markets closed Tuesday night, and…
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) released its outlook for 2014 Wednesday. Conspicuously absent from the announcement was any mention of CEO Alan Mulally, who has been in the news most…
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in November rose to an annual seasonally adjusted rate of 1.09 million, an increase of…
Adrian Pingstone, via Wikimedia CommonsFedEx Corp. (NYSE: FDX) reported second-quarter fiscal 2014 results before markets opened Wednesday morning. The package delivery service reported diluted earnings per share (EPS) of $1.57 on revenues of $11.4 billion.…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 5.5% in the group’s seasonally adjusted composite index following a rise of 1% for the previous…
Courtesy Toyota Motor Corp.For the second consecutive year, the Prius IV from Toyota Motor Corp. (NYSE: TM) has been named the best value among new cars by Consumer Reports magazine. The Fit from Honda…
thinkstockDecember 17, 2013: Markets opened mixed on Tuesday, but the DJIA couldn’t hold onto its early gains though it bounced once more into positive territory before settling on the down side. All eyes (and…
ThinkstockVarious sites owned by Google Inc. (NASDAQ: GOOG), including YouTube, drew more than 163 million unique U.S. viewers in November. AOL Inc. (NYSE: AOL) drew 73 million viewers and Facebook Inc. (NASDAQ: FB) clocked…
courtesy J.C. Penney Co. Inc.At one point Tuesday morning, shares of J.C. Penney Co. Inc. (NYSE: JCP) had dropped nearly 4.5% before bouncing back. There have been so many problems at the retailer that…
ThinkstockDish Network Corp. (NASDAQ: DISH) did all it could, first to acquire Clearwire, then to prevent SoftBank from acquiring a majority position in Sprint Corp. (NYSE: S). Neither plan worked out, but the two…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for December rose four points to 58 from a reading of 54 in November. The reading was higher than a forecast of 55…
ThinkstockOf nearly 49 million mortgaged properties in the United States at the end of the third quarter, there are 6.4 million where the mortgage amount is greater than the value of the property. These…
ThinkstockUPDATE, December 17, 2013, 1:10 p.m. — As we noted in our story on online sales earlier Tuesday morning, Google’s Product Listing Ads and Google Shopping have shown the largest percentage growth of any online…
ThinkstockCommodity prices took a sharp downward turn in 2013, but the good news appears to be that it will not get any worse in 2014. According a recent report, analysts at Moody’s Investors Service…
courtesy Boeing Co.After markets closed on Monday, The Boeing Co. (NYSE: BA) announced that it is raising its quarterly dividend by 50%, from $0.485 to $0.73 for the current quarter and is increasing its…
thinkstockDecember 16, 2013: Markets opened higher on Monday morning following better than expected economic data on productivity and industrial production. The Empire State manufacturing index missed expectations, but came in higher than November’s reading.…