Analyst Sees Select Technology Stocks Outperforming the Market
The technology team at Stifel is very positive on the overall prospects for the sector in 2014. Here are some of their picks that could be poised to excel in what could be a…
All Work
Trey Thoelcke
DuPont Q4 Profit Doubles, Share Buyback Announced
DuPont reported better-than-expected fourth-quarter and full-year 2013 results before markets opened Tuesday. Its board of directors also authorized a new $5 billion share repurchase program.
Comcast Joins In Charter Communications Takeover of Time Warner Cable
Charter Communications reportedly has agreed in principle to sell Time Warner Cable systems in New York City, North Carolina and New England to Comcast if its acquisition of Time Warner Cable succeeds.
Merrill Lynch Sees Volatile 2014 Oil Market for Top Stocks to Buy
In a new research report, the energy team at Merrill Lynch see a more volatile year ahead, anchored on an increasingly seasonal trend as a consequence of rising domestic production and stagnant U.S. oil…
AT&T Clears Way for Vodafone Growth by Acquisition
Shares of Vodafone tumbled in premarket trading Monday after AT&T ended speculation that it would acquire the British telecom. The British telecom has put itself on a path to growth by acquisition.
Boeing 767s Face Further Safety Checks
More than 400 Boeing 767 planes face further safety checks, by order of the Federal Aviation Administration (FAA), due risks of malfunction in flight-control systems that could cause pilots to lose control of the…
HP Tries to Put the Past Behind It and Move Forward
As part of its effort to put past mistakes behind it, Hewlett-Packard sold Palm's mobile operating system to LG Electronics last year, and on Thursday, HP announced that it had sold 1,400 U.S. Palm…
Lenovo to Buy IBM Low-End Server Business
Although recent speculation had Dell interested in acquiring IBM's low-end server business, it was Lenovo that won the prize. The Chinese personal-computer maker has agreed to pay $2.3 billion.
Mortgage Applications Continue Rise as Rates Fall
The Mortgage Bankers Association noted a 4.7% increase in mortgage applications, relative to a week ago. Refinancing also increased, and mortgage loan rates declined to their lowest level since November.
United Technologies Opens High After Earnings Beat
Shares of United Technologies hit a new 52-week high after the company reported second-quarter fiscal 2014 results before markets opened Wednesday.
Cowen Top Biotech Stocks to Buy for 2014 With Huge Upside
Here are some of the top biotech names to buy at Cowen. They presented such an extensive list that we focused on the quality large cap names and the stocks with the highest upside…
Oppenheimer Says Betting on Higher Oil Prices May Be Catastrophic
With production increasing in the United States at a record pace, the energy analysts at Oppenheimer are convinced that the days of tremendous rising revenues and profits at the major integrateds, as well as…
Coach Battered After Big Earnings, Revenue Miss
Coach shares were down more than 7% in premarket trading this morning after luxury goods firm reported disappointng second-quarter fiscal 2014 results.
Teva Acquisition Machine Gears Up: Who Is the Next Target?
Teva Pharmaceutical resume a deal-making strategy that made it one of the most acquisitive drug companies of the past decade. Could one of these biotech takeover candidates be the next target?
IMF Boosts U.S. and Global Growth Forecasts, Warns of Inflation Risk
ThinkstockThe global economy will expand at 3.7% this year, the International Monetary Fund (IMF) forecast in its latest World Economic Outlook, released Tuesday. That is up from a 3.6% forecast back in October. The…
Nelson Peltz Gets Seat on Mondelez Board, Backs Off Push for Pepsi Merger
Activist investor Nelson Peltz was named to the board of snack food company Mondelez Tuesday, likely to avoid a proxy fight, and he says that he is no longer pushing for a merger deal…
Verizon Earnings Beat Estimates on Strong Mobile Growth
Verizon Communications reported better-than-expected fourth-quarter and full-year 2013 results before markets opened Tuesday morning.
Are High-Flying Retailers at the Same Risk as Best Buy?
ThinkstockThe magnitude of the debacle at Best Buy during December was not something Wall Street expected. Most firms had fallen in love with the story, and Best Buy was seen as the proverbial Phoenix…
Kraft Velveeta Product Recall Follows “Cheesepocalypse” Outcry
Wikimedia CommonsAlmost 1.8 million pounds of Kraft Velveeta Cheesy Skillets Singles Ultimate Cheeseburger Mac are being recalled because some labels did not include soy, a common allergen, among the ingredients. The product contains hydrolyzed…
China Shares Battered, as European Shares Hit Highs
ThinkstockShares in China had a rough start to the week as the Shanghai Composite Index fell below 2,000 Monday for the first time in almost six months. New data showed that factory output and…