ThinkstockTwo for-profit colleges both had news yesterday. Bridgepoint Education Inc. (NYSE: BPI) received its initial accreditation for a period of five years. Apollo Group Inc. (NASDAQ: APOL) was notified that it had been accredited…
ThinkstockThe European Union’s (EU) statistical agency, Eurostat, reported this morning that industrial production in May for the 17 countries of the eurozone fell by 0.3% month-over-month and by 1.3% year-over-year. In the larger 27-member…
thinkstockRetail apparel giant Gap Inc. (NYSE: GPS) reported that same-store sales rose 7% year-over-year in June. Shares closed up 1.5% today at $44.96 and are up another 0.9% after hours. The stock set a…
July 11, 2013: U.S. equity markets opened higher this morning, cheered by Fed Chairman Ben Bernanke’s speech after markets closed night. In Asia, the Shanghai exchange soared 3.2%, even though there was little to…
ThinkstockThe U.S. Treasury Department reported today that for the month of June the federal budget ran a surplus of $117 billion. Last June the deficit was $60 billion. The federal budget deficit now stands…
ThinkstockThe U.S. Department of the Treasury auctioned $13 billion in 30-year bonds today at an average yield of 3.66%, a gain of just half a basis point for the day. For comparison, yields on…
ThinkstockDuring the first quarter of 201, the U.S.became just the fourth country to reach the milestone level of 10 gigawatts (GW) of installed solar photovoltaic (PV) capacity. A total of 1.8 GW of new…
ThinkstockIn its weekly Primary Mortgage Market Survey, home lending giant Freddie Mac reported that mortgage rates for fixed-rate loans have continued a nearly two-month streak of increases. The interest rate on a 30-year fixed-rate…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 82 billion cubic feet last week, within the range for an expected build of between 80 billion and 84…
ThinkstockAfter a painful three years of negotiations and recriminations, the U.S. Commodities Futures Trading Commission (CFTC) and the European Commission (EC) have agreed on a set of policies regulating derivatives trading. The deal has…
We have tracked the key short interest changes as of June 28 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp.…
ThinkstockWe have tracked the short interest in the following North American Solar companies as of June 28: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), SunEdison…
ThinkstockWe have tracked the key short interest changes as of June 28 in the following 3D printer and services companies: 3D Systems Inc. (NYSE: DDD), Stratasys Ltd. (NASDAQ: SSYS), The ExOne Co. (NASDAQ: XONE)…
ThinkstockRetailers are announcing June same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.9% year-over-year, compared with a 3.5% gain in May and a 2.8% gain in April. Retail sales…
thinkstockWe have tracked the key short interest changes as of June 28 in the following large cap stock market shares: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
ThinkstockThe International Energy Agency (IEA) is the last of the closely watched reports on the oil market to come out this month. The agency said today that it raised its oil demand growth forecast…
ThinkstockLate last month research firm Gartner Inc. (NYSE: IT) forecast that PC sales would fall by 10.6% in 2013. Right on on plan, the firm said today that second-quarter shipments fell by 10.9%. For…
ThinkstockPenn National Gaming Inc. (NASDAQ: PENN) announced that it has received approval from the Nevada Gaming Commission to implement the company’s previously announced separation of its operating assets and its real estate assets. Penn…
July 10, 2013: U.S. equity markets opened barely mixed this morning after last night’s downgrade of Italian debt and a report that both China’s exports and imports declined in June. There was little other international…
ThinkstockBy a vote of 4 to 1, the U.S. Securities and Exchange Commission (SEC) has approved a proposed rule that would allow hedge funds, private equity firms, and other companies that raise money by…