Declining traffic and sales so far in January have prompted yoga-inspired clothing company Lululemon Athletica to lower its fiscal fourth-quarter guidance below analysts' estimates. Shares fall 7% in premarket trading.
The search for a new CEO for BlackBerry is over. John S. Chen has promised to stay on at BlackBerry and the word "interim" has been dropped from his title as chief executive.
SAP reported better-than-expected preliminary fourth-quarter 2013 results before markets opened Friday, boosted by strong growth in cloud software sales.
At a time when federal lawmakers are debating issues like unemployment benefits, food stamps and the minimum wage, as well as considering an overhaul of the tax code, there are now more millionaires in…
Shares of major airlines hit new 52-week highs Thursday in the wake of reports of strong traffic in December. That was good news for the companies after several days of storms and record cold…
At this time last year, the sentiment on Wall Street for the medtech sector was very poor. The bearish sentiment that prevailed in January of 2013 is gone, but expectations are still tempered. That…
In a new research report, the investment strategy team at Credit Suisse is recommending investors look to move out of the deep value stocks that have been so successful and consider stocks in the…
ThinkstockFamily Dollar Stores Inc. (NYSE: FDO) reported first-quarter fiscal 2014 results before markets opened Thursday morning. The discount retailer posted diluted earnings per share (EPS) of $0.68 on revenues of $2.50 billion. In the…
At the Consumer Electronics Show in Las Vegas, there is a huge buzz around what is being called the "Internet of Things." Piper Jaffray has listed some of the companies that stand to benefit…
In a released statement, J.C. Penney said it was "pleased" with its holiday numbers, but the retailer stopped short of actually putting out actual figures. Shares opened lower Wednesday.
There seems to be a growing consensus on Wall Street that more and more names that once dominated the growth arena, but have been mired in sideways price moves for years, are indeed value…
Ford edged past Toyota and Honda in 2013 in terms of sales in China, helped by redesigned cars and the ongoing effects of a territorial dispute between China and Japan. It still lags sales…
With entertainment exploding, cell phone usage increasing at a breakneck pace and the demand for spectrum growing with each quarter, the top stocks to buy for 2014 merit a very close look by investors.…
A lawsuit filed by two Facebook users gets at the heart of what the social media giant does. Its business model depends largely on its ability to target individuals sought by advertisers.
The U.S. equity strategy team at UBS has a positive view on stocks heading into 2014, particularly technology, financials and industrials. Here are the names they feel have the absolute greatest chance to outperform…
The analysts at Deutsche Bank point out in a new research report, that while seasonal numbers have dropped, which is common in the winter, the future should be bright for the top homebuilders.
Analysts at Deutsche Bank are clearly very positive on the oil field services sector for next year. With exploration and production companies hitting all-time usage levels in the major shale plays around the country,…
Huge trading losses, mortgage litigation from the meltdown in 2008 and increased regulation in the form of the new Volcker Rule regulations have all kept enthusiasm on the financial sector muted. The research team…
Christmas Day 2013 saw a record number of app downloads, according to analytics and advertising firm Flurry. Games and social apps were downloaded the most, followed by media and lifestyle apps.
Mondelez International, the snack food business recently spun off from Kraft Foods, will sell its controlling interest in its SnackWell's cookie and cracker business to private equity firm Brynwood Partners, which last week sold…