courtesy Ford Motor Co.Auto sales numbers for May are due out from most U.S. and foreign automakers today, and last month’s unexpected drop at Chrysler Group is in the rear-view mirror. Chrysler, which is…
courtesy of AppleThe Android mobile device operating system (OS) from Google Inc. (NASDAQ: GOOG) continues to hold more than half the smartphone OS market, with a 51.7% share for the three-month period ending in…
ThinkstockNext Monday, Apple Inc. (NASDAQ: AAPL) kicks off its annual developer’s conference, and the company would dearly like to announce an Internet music service at the meeting. To that end, Apple is reported to…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in mining stocks. The…
U.S. equity markets opened sharply lower again this morning, but this time reacting to yesterday’s comments by Fed Chairman Ben Bernanke that the Fed could slow its bond purchases in the next few months.…
ThinkstockShares of Facebook Inc. (NASDAQ: FB) have touched a new low for 2013 this morning. Today’s overall weak market has something to do with the sell-off, but there could be a couple of other…
ThinkstockShares of Barrick Gold Corp. (NYSE: ABX) and Silver Wheaton Corp. (NYSE: SLW) were halted shortly after noon today following a Chilean court ruling that blocks further work at Barrick’s Pascua-Lima mine. The project…
Jim Henderson, via Wikimedia CommonsAfter last night’s dismal company earnings report, Sears Holdings Corp. (NASDAQ: SHLD) does not appear to have many options left in its efforts to turn around the sinking ship. The…
ThinkstockHigh-flying energy company InterOil Corp. (NYSE: IOC) is getting another stock price boost this morning after revealing that the company is in “exclusive” negotiations with Exxon Mobil Corp. (NYSE: XOM) on development of licenses…
ThinkstockEver since the Chinese government began — or at least threatened to begin — imposing restrictions on new bank lending, the country’s businesses have had to get creative in order to get access to…
thinkstockAbercrombie & Fitch Co. (NYSE: ANF) reported first-quarter fiscal 2013 results before markets opened this morning. The specialty retailer posted a diluted earnings per share (EPS) loss of $0.09 on revenues of $838.8 million.…
ThinkstockRather than put up more money in its bid to acquire control of Sprint Nextel Corp. (NYSE: S), Japan’s Softbank Corp. plans to offer the U.S. government the ability to approve one of the…
ThinkstockPandora Media Inc. (NYSE: P) reported first-quarter 2014 results after markets closed today. For the quarter, the Internet radio company posted an adjusted diluted earnings per share (EPS) loss of $0.10 on revenues of…
U.S. equity markets opened sharply lower this morning, taking a lead from Japan’s Nikkei, which fell more than 7% for the day. Japan’s government bond yields spiked until the Bank of Japan intervened. Japan-focused…
ThinkstockIn one of the longest running lobbying battles in Washington, sugar growers have once again prevailed over big food and beverage makers like Hershey Co. (NYSE: HSY) and The Coca-Cola Co. (NYSE: KO) in…
ThinkstockSales of new cars in May are forecast to rise as much as 8% year-over-year in the U.S. and bounce back to a seasonally adjusted annual rate of more than 15 million new cars…
ThinkstockJust over 13 million U.S. mortgage loans are currently underwater, meaning that homeowners owe more on the mortgages than the property is worth. The number is shrinking, but homeowners with negative home equity face…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 89 billion cubic feet last week, at the lower end of a range of an expected build of between…
ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for April. Sales rose 2.3% month-over-month, to a seasonally adjusted annual rate of 454,000, from an upwardly revised March sales figure…
ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 1.9% sequentially in the first quarter of 2013. Compared to the first quarter of 2012, the house price index gained…