The Federal Reserve says it will increase help to the U.S. economy, and it may be willing to do more. (Reuters) Spain may request more financial aid for its troubled banks. (Reuters)…
Huntington Asset Advisors has announced the launch of an actively managed exchange-traded fund via Huntington Strategy Shares called the Huntington EcoLogical Strategy Shares ETF (HECO). This is the first of two ETFs the firm…
The three major US stock indexes opened lower this morning as markets reacted to a rise in the yield of Spanish 10-year debt to more than 7% (our coverage here). The weekend…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Celgene Corporation (NASDAQ: CELG) Cut to Sector Perform at RBC. Cepheid (NASDAQ: CPHD)…
24/7 Wall St. loves companies which send capital back to shareholders via dividends. With all of the uncertainty in today’s markets and in the fluctuating economy, having a solid dividend policy may…
Members of the Chesapeake Energy (NYSE: CHK) board are close to picking a new chairman. (Reuters) Apple’s (NASDAQ: AAPL) lack of success blocking rivals in court and the slow introduction of the iPhone…
China’s Ministry of Commerce told the nation’s official news agency, Xinhua, that the People’s Republic will be the country with the most online retail volume in the world by 2013. U.S. e-commerce companies do…
Today’s edition of the Closing Bell is being published shortly after 2:00 p.m. US markets are closed Monday to observe the Memorial Day holiday. We’ll resume our normal schedule next Tuesday. The…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. No analyst calls will be made on Monday in the United States…
For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ZNGA) rose…
Property prices in China fell again last month in most of the 70 cities the National Bureau of Statistics measures. Forty-six cities had declines, a trend which has gone on for months. It…
Now that Scott Thompson is out as CEO of Yahoo! (NASDAQ: YHOO) and Ross Levinsohn is in as interim chief executive, the newly constituted board needs to keep its new leader. Levinsohn,…
As promised, Daniel Loeb and his firm, Third Point LLC, have today sent a letter to Yahoo! Inc. (NASDAQ: YHOO) demanding that the Internet firm open its books and records related to…
Paul Ausick Investors were skeptical when Scott Thompson became Yahoo!’s (NASDAQ: YHOO) new chief executive. He was nothing more than an e-commerce expert who had run eBay’s (NASDAQ: EBAY) PayPal unit. He had no credentials…
Douglas A. McIntyre Sotheby’s (NYSE: BID) is almost magically trading lower this morning on a sell-the-news reaction after the auction house (and oldest listed company on the NYSE) posted a record auction price of $119.9 million…
