Rite Aid Corp. (NYSE: RAD) is getting clipped this morning after its quarterly earnings report. As you have grown accustomed to, the ‘earnings report’ is really a loss report. The report starts out with…
The U.S. Labor Department is out with its latest round of weekly jobless claims. Last week’s figure came to a drop of 3,000 on a revised basis to 420,000 versus 423,000 a week earlier. …
Waste Management Inc. (NYSE: WM) has announced an increase to its quarterly dividend rate by about 8% this morning. The old $0.315 per quarter dividend will now come to $0.34 per quarter. This new…
Thursday afternoon may feel a bit like a mini-version of earnings season. On deck with earnings reports due after the close are tech giants Oracle Corporation (NASDAQ: ORCL) and Research In Motion Limited (NASDAQ:…
Goldman Sachs Group Inc. (NYSE: GS) may be the poster child firm for wealth and excess on Wall Street. The bonus pools around Wall Street are being tallied up, and Bloomberg has shown that…
Could tablet computers be the most serious threat to the Wintel duopoly that has dominated personal computing for the past 25 or so years? Intel Corp. (NASDAQ: INTC) and Microsoft Corp. (NASDAQ: MSFT) dominate…
The demand for metals and minerals of all kinds is pushing up sales and profits in the makers of the equipment used to extract the commodities. Joy Global, Inc. (NASDAQ: JOYG) reported earnings for…
The Department of Energy has just released what may seem like a shocking drop in its weekly report on oil inventories. This morning’s data has a potential impact on the key ETFs of Oil…
After the market closed yesterday, First Solar Inc. (NASDAQ: FSLR) released its initial guidance for 2011. The guidance is higher and the company also sold a project. Much was anticipated and there is more…
GAIN Capital Holdings Inc. (NYSE: GCAP) is coming public this morning via an initial public offering. The company priced 9 million shares of common stock at $9.00 per share. The company is an FX…
The woes of Europe continue, again… Get used to it. The markets are soft this morning on news that Moody’s is warning Spain of a downgrade to its Aa1 rating due to funding vulnerability,…
Carl Icahn usually makes his headlines by criticizing management for not rewarding shareholders. This morning he is in the news because he is buying Dynegy Inc. (NYSE:DYN) for a higher price than had been…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. This morning we have two key updates from late yesterday afternoon, followed by our normal morning…
RigNet Inc. (NASDAQ: RNET) has priced its initial public offering of 5 million shares at a price of $12.00 per share. The company hooks up remote energy sites such as offshore drilling rigs with…
Walker & Dunlop, Inc. (NYSE: WD), a provider of commercial real estate financial services focused on multifamily lending, has announced the pricing of its initial public offering. The offering is 10 million shares of…
FleetCor Technologies Inc. (NYSE: FLT) is coming public. The company sold some 12.675 million shares at $23.00 per share, at the bottom of a $23.00 to $26.00 per share range. This is another under-indication…
2010 has been a positive year for the markets. IPOs and secondary offerings have been plentiful, debt offerings have been plentiful, and restructurings continue. Many spin-offs have been announced and will occur as we…
General Electric Co. (NYSE: GE) is setting its 2011 goals in an analyst and investor meeting today in his presentation called the “GE Annual Outlook Investor Meeting.” GE just recently hiked its dividend and…
The FOMC, as expected, has left the Fed Funds rate unchanged in another 10 to 1 vote. More important is the FOMC’s outlook on the economy, inflation, and on quantitative easing progress. Ben Bernanke…
Whirlpool Corporation (NYSE: WHR) is a name which has been thrown around buyout circles before. While the company has remained independent, there appear to be fresh buyout rumors driving interest in options today. We…