August 27, 2013: U.S. markets opened lower Tuesday morning with worries over possible U.S. actions in Syria weighing prices down all day. The S&P Case-Shiller house price index was strong again in June, but…
ThinkstockThe S&P/Case-Shiller home price index for June posted another month of solid gains, but not on the same pace as the record-setting rise in May. The 20-city composite rose 12.1% year-over-year, just a tick…
courtesy Tiffany & Co.Tiffany & Co. (NYSE: TIF) reported second-quarter results before markets opened Tuesday morning. The luxury goods company posted diluted earnings per share (EPS) of $0.83 on revenues of $926 million. In…
August 26, 2013: U.S. markets opened slightly higher this morning, held in check by limited data releases in Europe and Asia, and a decidedly downbeat report on U.S. durable goods orders. The markets traded…
ThinkstockU.S. adoption of high-speed broadband connections in homes has reached an all-time high of 70% according to the Pew Research Center’s Internet & American Life Project. The survey was taken in May and is…
ThinkstockAs prices for solar panels and modules stabilize, stocks in the solar energy companies have once more put on a growth spurt. Since the beginning of the year shares of SunPower Corp. (NASDAQ: SPWR)…
Brian Solis, via Wikimedia CommonsWithin the first hour of trading on Monday morning, shares of Facebook Inc. (NASDAQ: FB) have risen more than 3% and the company’s market cap has risen to about $102…
ThinkstockThe sharp rise in mortgage interest rates over the past six months are going to do some serious damage to the nation’s largest mortgage lenders. Just last week, Wells Fargo & Co. (NYSE: WFC)…
ThinkstockIndependent oil and gas firm Anadarko Petroleum Corp. (NYSE: APC) on Sunday announced the sale of a 10% stake in a natural gas development block offshore of Mozambique to India’s state-controlled energy company ONGC Videsh…
ThinkstockQihoo 360 Technology Co. Ltd. (NYSE: QIHU) on Monday morning reported adjusted earnings per American Depositary Share (ADS) of $0.40 on revenues of $151. 67 million for its second fiscal quarter ended on June…
August 23, 2013: U.S. markets opened higher this morning most likely due to a big jump in shares of Microsoft Corp. (NASDAQ: MSFT) on news the CEO Steven Ballmer will retire. The only economic…
ThinkstockApparently its forays into hardware devices and cloud computing aren’t enough to satisfy Amazon.com Inc.’s (NASDAQ: AMZN) drive for global domination. Well, maybe that’s overstating the situation a bit, but a report at Bloomberg…
ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for July. Sales dropped 13.4% month-over-month to a seasonally adjusted annual rate of 394,000, from a downwardly revised June sales figure…
Microsoft Sweden, via Wikimedia Commons In a surprise announcement this morning, Microsoft Corp. (NASDAQ: MSFT) revealed that CEO Steve Ballmer “has decided to retire” from the company within the next 12 months. Ballmer’s departure will…
ThinkstockThe world’s largest wireless carrier, China Mobile Ltd. (NYSE: CHL), reportedly has awarded initial contracts for the build-out of China’s first 4G wireless network. This is especially good news for Apple Inc. (NASDAQ: AAPL), which…
ThinkstockA look at the charts this morning shows that BlackBerry Ltd. (NASDAQ: BBRY) has a market cap of just under $6 billion. A privately held smartphone maker just received an investment that values that company…
ThinkstockPandora Media Inc. (NYSE: P) reported second-quarter fiscal 2014 results after markets closed today. The Internet radio company posted adjusted diluted earnings per share (EPS) of $0.04 on revenues of $162 million, which includes $4.7…
August 22, 2013: Markets opened higher this morning largely due to the unexpected sharp rise in Chinese PMI and better-than-expected flash manufacturing PMI readings from Europe. The good news on PMI got some backup…
ThinkstockNew U.S. car sales for the month of August, including fleet sales, are expected to reach 1.46 million units, remaining on track to reach total 2013 sales of 15.6 million units, according to Kelley…
ThinkstockLess than half of Americans who use credit cards say they “completely understand” the terms of use for their cards. And just under 60% say they understand how to earn those rewards that the…