thinkstockHere are the five biggest gaining stocks in today’s U.S. markets at closing: Transition Therapeutics Inc. (NASDAQ: TTHI) is up 37.8% at $3.10. Digital Ally Inc. (NASDAQ: DGLY) is up 35.8% at $6.00. Pain…
U.S. equity markets opened mixed this morning as investors weighed conflicting data from the U.S., Europe, and Asia. In Europe, retail sales declined more than expected in Germany, Italy’s unemployment rate remained unchanged at…
courtesy of Apple Inc.We noted earlier this morning that Apple Inc. (NASDAQ: AAPL) had hired Goldman Sachs and Deutsche Bank to act as book-running managers for the company’s planned debt issuance. The Wall Street…
ThinkstockThe highest paid executive in the U.S. last year was Ron Johnson, CEO of J.C. Penney Co. Inc. (NYSE: JCP), who hauled in a total of $53.3 million in total compensation. The average worker…
ThinkstockThe first legal online gambling site in the U.S. launched today, ultimatepoker.com, a majority-owned subsidiary of Station Casinos LLC. In order to play, though, you must be able to prove that you at least…
ThinkstockAs of last September, the daily newspaper with the highest average circulation was The Wall Street Journal, with a combined print and digital circulation of 2.29 million. USA Today claimed 1.71 million and The…
ThinkstockJunior gold miner Allied Nevada Gold Corp. (NYSEMKT: ANV) announced this morning the purchase of 14 million shares of the company’s common stock by a syndicate of underwriters led by Dundee Securities and including…
ThinkstockIn the month of Martch, 55,000 U.S. homes were foreclosed, more than a revised total of 52,000 in February and down from 66,000 in March 2012, according to research firm CoreLogic Inc. (NYSE: CLGX).…
ThinkstockDrug giant Pfizer Inc. (NYSE: PFE) this morning reported adjusted earnings and revenues that missed analysts estimates, and the stock is down more than 3%. Last week competitor Amgen Inc. (NASDAQ: AMGN) also missed…
ThinkstockThe S&P/Case-Shiller home price index for February was higher for the 11th consecutive month. The 20-city composite rose 9.3% year-over-year, more than the consensus estimate for a gain of 9%, and above the January…
ThinkstockSpain’s Instituto Nacional de Estadística (INES) reported this morning that the country’s gross domestic product (GDP) shrank 0.5% sequentially in the first quarter of 2013, the seventh consecutive quarter of falling GDP in the…
ThinkstockOil refiners Marathon Petroleum Corp. (NYSE: MPC) and Valero Energy Corp. (NYSE: VLO) reported first-quarter 2013 results before markets opened this morning. Marathon posted diluted earnings per share (EPS) of $2.17 on revenues of…
courtesy Best Buy Co. Inc.Consumer electronics retailer Best Buy Co. Inc. (NYSE: BBY) announced this morning that it has agreed to sell its 50% stake in European joint venture Carphone Warehouse Europe for about…
courtesy of BP plcBP PLC (NYSE: BP) reported first-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per American Depositary Share (ADS) of $5.20 on revenues of…
ThinkstockHerbalife Ltd. (NYSE: HLF) reported first quarter 2013 results after the markets closed today. The nutrition and weight loss company posted adjusted diluted earnings per share (EPS) of $1.27 on revenues of $1.12 billion.…
thinkstockHere are the five biggest gaining stocks in today’s U.S. markets at closing: Telular Corp. (NASDAQ: WRLS) is up 31.6% at $12.67. Orchard Supply Hardware Stores Corp. (NASDAQ: OSH) is up 27.5% at $1.90.…
For the first time since the June quarter of 2007, the U.S. Treasury is expecting to pay of $35 billion of debt during the June quarter this year. The payoff assumes an end-of-June cash…
U.S. equity markets opened higher this morning after the U.S. Department of Commerce reported that personal income and spending both rose by 0.2%, which was slightly higher than expected for spending and slightly lower…
courtesy J.C. Penney Co. Inc.Retailer J.C. Penney Co. Inc. (NYSE: JCP) said this morning that it has received a commitment from Goldman Sachs Group Inc. (NYSE: GS) for a five-year $1.75 billion senior secured…
ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending sales of existing homes in March. The pending home sales index rose 1.5% from a downwardly revised 104.1 in February to…