ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a slight increase of 0.2% in the group’s seasonally adjusted composite index following a drop of 3.7% for the…
ThinkstockFirst Solar Inc. (NASDAQ: FSLR) reported second quarter 2013 results after the markets closed today. The solar panel maker posted quarterly adjusted diluted earnings per share (EPS) were $0.39 on revenues of $519.76 million.…
August 6, 2013: U.S. equity markets opened lower this morning even following a reported increase in U.S. exports and a decrease in U.S. imports that put the country’s trade deficit at its lowest level…
Brian Solis, via Wikimedia CommonsOn the day that Facebook Inc. (NASDAQ: FB) came public last year, more than 580 million shares of the company’s stock changed hands. No other trading day since then has…
ThinkstockThe U.S. Environmental Protection Agency (EPA) today issued a final rule for the amount of renewable fuels to be added to the nation’s transportation fuel supply in 2013. Oil refiners, biofuel makers, and fuel…
ThinkstockBuyers looking for a new house or homeowners looking to refinance a mortgage get hit with a blizzard of fees and charges that are collectively known as closing costs. The costs vary depending on…
thinkstockWhere you come down in the current debate (war?) over which industry will control the living room TV set depends largely on whether you believe that entertainment is a top-down or a bottom-up industry.…
ThinkstockThe average age of all light vehicles on U.S. roads rose to a record high of 11.4 years in 2013, up from 11.3 years in 2012 and 10.8 years in 2010. The data comes…
ThinkstockArcher Daniels Midland Co. (NYSE: ADM) reported second-quarter 2013 earnings this morning. The agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.46 on revenues of $22.54 billion. In the same period a…
courtesy of General MotorsThe 2014 Chevy Volt from General Motors Co. (NYSE: GM) will hit showroom floors with a sticker price $5,000 less than the 2013 model. Adding in government rebates, the price of…
August 5, 2013: U.S. equity markets opened lower this morning, lacking any major news of interest from around the globe. In Europe, eurozone non-manufacturing PMI rose slightly even though German PMI was down slightly.…
ThinkstockIn an attempt to end the three-day blackout of CBS Corp. (NYSE: CBS) programming on Time Warner Cable Inc.’s (NYSE: TWC) cable systems, the cable operator has sent a letter to CBS offering two…
courtesy Green Mountain Coffee Roasters Inc.Investors either did not believe that sales at Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) would be hammered by new entrants into the single-cup coffee sector or they bought…
courtesy of SamsungOne of the two largest smartphone makers in the world has sent out invitations to an event on September 4 that most people think will be the introduction the company’s latest model…
ThinkstockOne reason that U.S. drivers are buying less gasoline is that new cars get better gas mileage. The University of Michigan’s Transportation Research Institute has tracked new car sales and fuel economy since October 2007,…
ThinkstockTyson Foods Inc. (NYSE: TSN) reported third-quarter fiscal 2013 results before markets opened this morning. The food processing company posted adjusted earnings per share (EPS) of $0.69 on revenues of $8.73 billion. In the same…
courtesy of AppleThe ruling released this weekend by the U.S. Trade Representative (USTR) overturning a ban on sales of certain products made by Apple Inc. (NASDAQ: AAPL) will have little to no effect on…
August 2, 2013: U.S. equity markets opened lower this morning following a mixed report on U.S. employment. The monthly report on personal income and outlays was also a mixed bag, with core prices rising…
ThinkstockThe amount of oil that can be extracted at a profit in the United States grew by 14.1% in 2011 compared to 2010. Although still very expensive compared to old methods, technological improvements of new…
JoeInQueens, via Wikimedia CommonsThe Department of Justice today submitted a proposed remedy to the federal court that will issue penalties on Apple Inc. (NASDAQ: AAPL) next week following the court’s finding in early July…