thinkstockThe European Central Bank announced a negative interest rate policy on Thursday. It may not have been enough for the stimulus-addiction crowd, but this is truly an experiment. If the banks actually have to…
Amazon.com is supposed to be releasing a new smartphone on June 18, 2014. The question is how Amazon can compete in the space, and who it is going after.
ThinkstockThe trend of declining cigarette case volumes has been going on for years, or somewhere around two decades now. As of 2013, the Centers for Disease Control and Prevention (CDC) showed that only 18% of…
Zynga is having a bad Thursday, and perhaps the reason is that CEO Don Mattrick has signaled a much less upbeat version of the company's turnaround.
Halozyme Therapeutics saw its stock surge on Thursday on news reports that the FDA has removed its clinical hold on patient enrollment and dosing of in the certain ongoing Phase 2 trials.
Rite Aid's preliminary 2015 outlook and May sales data will come as a sharp blow in the turnaround, particularly when you consider how strong the sales figures had been in recent months.
The U.S. Labor Department has released its final set of data prior to Friday’s key unemployment rate and payrolls figures. Unfortunately, it is a bit weak. Weekly jobless claims rose by 8,000 in the…
These are the top Wall Street analyst upgrades, downgrades and initiations for Thursday, June 5, 2014. They include Apple, Lululemon, Microsoft, NBG, Twitter and Whole Foods.
ThinkstockThe European Central Bank (ECB) has now done something most of have never seen before. It has adopted its own quantitative easing method by adopting at least a partial negative rate environment. Mario Draghi…
ThinkstockTIBCO Software Inc. (NASDAQ: TIBX) was one of the top draws from the 24/7 Wall St. top analyst upgrades and downgrades on Wednesday. The company’s earnings report brought about a serious disappointment is a…
ThinkstockThe Federal Reserve has issued its latest Beige Book, summarizing the comments received from businesses and other contacts outside the Federal Reserve. While investors flock to this as Fed outlooks, the Fed does note…
White House Photo by Pete SouzaEarlier this week we noted how Warren Buffett’s annual luncheon auction was off to a strong start. In mid-afternoon on Monday, the luncheon was bid up at just over…
Wikimedia CommonsGeneral Motors Co. (NYSE: GM) has seen its shares surge ahead of Thursday’s release of the internal findings from the company’s recall process. It was recently shown that GM was a top hedge…
ThinkstockIf you have watched the stock market, bond market and the economy in general for the past five years or so, it will be no surprise that the world’s economies and financial markets are…
ThinkstockThe ISM Non-Manufacturing Index rose to 56.3 in May from 55.2 in April. The gain might not look like that much, but investors and economic watchers need to consider that this was actually the…
ThinkstockEvery month traders await the new payrolls and unemployment report from the U.S. Labor Department. This is generally the most widely anticipated number of all economic reports. So, preliminary non-government reports such as ADP…
ThinkstockThe so-called U.S. trade balance, what the rest of us have referred to for years as the trade deficit, came in at a much worse reading than expected for the month of April: -$47.2…
UnitedHealth Group must be doing OK. The largest health insurer has announced a dividend hike and a new share buyback plan.
ThinkstockADP’s report on private sector payroll growth in May may have just dashed some of the expectations for Friday’s key unemployment and payrolls report. ADP reported that private sector employment increased by only 179,000…
These are the top Wall Street analyst upgrades, downgrades and initiations for Wednesday, June 4, 2014. The include BHP, Coach, Monster, TIBCO, GNC and Barclays.