Caterpillar Inc (NYSE: CAT) gave us some figures this morning showing that there is still some trouble in this economic recovery. The maker of heavy industrial vehicles and equipment showed that dealer sales of…
Mid-American Energy, a holding of Berkshire Hathaway Inc. (NYSE: BRK-A) and a holding of Warren Buffett, is about to get into the U.K. offshore wind power business if the reportsfrom the weekend in the…
The Conference Board has just released its data on Leading Economic Indicators for August, and the gain here is actually a drop when compared to recent months. LEI in the U.S. rose by +0.6%…
Representative Edolphus Town, chairman of the House Committee on Oversight and Government Reform, has told Bank of America (BAC) that it cannot use attorney-client privilege when dealing with Congress. It is a novel approach…
These are this Monday’s top day trader and active trader alert stocks in the pre-market. We have more details on each for volume and price moves at VSInvestor.com: Delta Petroleum Corporation (NASDAQ: DPTR) is…
Shares of Perot Systems (PER) are up 65% to $29.69 on news that the company will be bought for $3.9 billion. Perot’s 52-week high. Dell is substantially overpaying to get into the technology and…
These are the top 10 analyst upgrades, downgrades, and initiations we have seen early this Monday morning: Alliant Techsystems (ATK) Started as Buy at Jefferies. Celgene (CELG) raised to Outperform at R.W.Baird. NetApp (NTAP)…
by John Tamny of RealClearMarkets Last week, President Obama announced that his administration would slap a 35% tariff on Chinese tire imports. The move cheered a U.S. tire industry that has faced stiff competition…
The IRS is extending the deadline for tax cheats who have hidden assets overseas to turn themselves in from this week until October 15. It is an odd way to treat law breakers, but…
The New York Times has joined a long line of media and analysts who say that Amazon (AMZN) will menace bricks-and-mortar superstore retailers the way that it did the traditional book shops and DVD…
There was concern about significant worldwide infection and death shortly after the swine flu was discovered in Mexico earlier this year. That concern tailed off as it because clear, perhaps prematurely so, the strain…
24/7 Wall St. interviewed Ivan G. Seidenberg, the Chairman and CEO of Verizon (VZ), recently. The conversation covered Verizon’s major plans, the global telecom markets, and the effects of the recession. This is the one in…
No one questions that the most economically devastated geographic region in the US during this recession is Detroit. GM, Ford (F), and Chrysler have eliminated tens of thousands of jobs as have their suppliers.…
Reuters: Obama is asking the G 20 to reshape the global economy. Reuters: Congress will demand details of the Bank of America/Merrill Lynch deal. Reuters: Holiday spending is expected to be flat. Reuters: It…
Markets in Asia were mixed and the Japanese exchanges were closed. The Hang Seng fell .2% to 21,585. HSBC (HBC) rose. The Shanghai Composite rose .2% to 2,968. At the open in Europe, the…
The FOMC is expected to give us a decision on interest rates this Wednesday, September 23 around 2:15 PM EST. One tool we prefer to use for determining the direction of Fed Funds is…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) almost had a very bad day on Friday. Shareholders of the biggest penny stock of them all should probably be thankful that the stock only closed down 1.4%…
It is the weekend, and that means that our end-of-week screen for unusual options trading activity is complete. Of course expiration date throws a wrench in any screens, but we found some very unusual…
Moody’s (MCO) forecasts that some home prices may not return to their pre-recession levels until 2030. This means that hundreds of thousands of Americans may find it impossible to sell their houses without making payments…
The FDIC is down another $850 million. Two more banks were closed today. Federal and state regulators today closed Irwin Union Bank, F.S.B., Louisville, Kentucky, and Irwin Union Bank and Trust Company, Columbus, Indiana.…