Ford’s Ambitious Plans for 2014: More Cars, Better Quality
Ford has an ambitious plan to introduce 23 new vehicles around the world this year. That is the most in a single year in the company's history. They include the revamped F-150 and Mustang.
All Work
Trey Thoelcke
IBM Seeks to Shed Its Low-End Server Business
IBM is once again looking to shed its low-end server business, and Dell is rumored to be interested. A deal to sell the business to China's Lenovo Group fell through last spring when the…
Anheuser-Busch Buys Back South Korean Brewer
Anheuser-Busch InBev announced Monday that it has reached an agreement to reacquire Oriental Brewery from private equity firms KKR and Affinity Equity Partners for $5.8 billion.
The 85 Richest People Own Wealth Equal to Half the World’s Population
Wealthy elites have co-opted political power to rig the rules of the economic game, warned Oxfam in a new report published ahead of this week's World Economic Forum in Davos.
UBS Says Own Only These Five Top IT Technology Stocks for Big 2014 Gains
One thing is for sure as the new year in trading has started to unfold. We have not met a firm on Wall Street that does not like technology for 2014. For once, maybe…
Five Ways to Protect Your Portfolio From a 20% Market Correction
As we have looked through research from the firms that we cover on Wall Street, we find that almost everybody expects a pullback. None that we have seen could be as large as the…
International Growth Boosts Schlumberger Earnings
Schlumberger reported fourth-quarter and full-year 2013 results before markets opened Friday morning, a day after the board of directors approved a 28% increase in the quarterly dividend.
Holiday Season Was Good to American Express
American Express cited increased spending and borrowing by cardholders during the holiday season as a reason its fourth-quarter net income more than doubled.
Homebuilder Confidence Levels Out in January
Following an unexpected jump last month, builder confidence has essentially leveled out, according to the NAHB. Many markets continue to improve, which bodes well for future home sales.
The Death of the Best Buy Turnaround
Best Buy shares were crushed in premarket trading Thursday after the company reported disappointing holiday sales and forecast a larger-than-expected decline in quarterly operating margins.
Citigroup Earnings Disappoint
Citigroup shared its fourth-quarter and full-year 2012 results before markets opened Thursday morning. The bank missed on both the top and bottom lines for both periods.
J.P. Morgan Strategist Says One-Quarter of All Stocks Are Still Cheap
After a strong 2013 where the S&P 500 was up almost 30%, you would think that most stocks would be close to being fully priced. That's not what Thomas Lee, the chief equity strategist…
Strong Growth Lifts UnitedHealth Earnings
Before markets opened Thursday morning, UnitedHealth Group reported fourth-quarter and full-year 2013 results that topped consensus estimates on the top and bottom lines.
Post-Holiday Bump in Mortgage Applications as Rates Drop
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a increase of 11.9% in the group’s seasonally adjusted composite index. The previous week’s results included an adjustment for…
Cantor Fitzgerald Shows Best Global Equity Research Ideas for 2014
The new year is well under way and the major firms on Wall Street are all presenting their best stock ideas for 2014. The team at Cantor Fitzgerald is no exception.
Four Restaurant Stocks Set to Thrive in 2014 and Beyond
ThinkstockBarron’s suggested this week that the recovery in the housing market could spell trouble for restaurant stocks going forward. But there seem to be two theories on what could happen. Investors seem to feel…
A Million China Mobile iPhone Preorders: Off to the Races?
While Apple CEO Tim Cook was in Beijing to meet Chairman Xi Guohua of China Mobile, the latter company announced that preorders for the iPhone have reached about 1 million units.
Credit Suisse Adds 10 Stocks to Buy to Its 2014 Top U.S. Investment Ideas List
Credit Suisse recently added 30 names to its top ideas list. Ten of those names make its #1 Top Picks list. 24/7 Wall St. takes a look at each of the ten.
Twitter Face-Lift Shows the World Is Going Mobile
Twitter is getting a face-lift. And its new look of its website resembles the company's mobile apps for iOS and Android. The decision may have been a no-brainer for Twitter, because that is where…
Whiskey Maker Beam to Be Swallowed Up by Suntory
ThinkstockBeam Inc. (NYSE: BEAM), the maker of Jim Beam and Marker’s Mark alcohol brands, has agreed to be acquired by Japan’s Suntory Holdings. Suntory will pay $83.50 per share, which is a 25% premium…