ThinkstockLast month we wrote about the huge rally in the homebuilding stocks since the lows of the stock market in March of 2009. Stocks that were written off for dead like Lennar…
ThinkstockHome improvement retailer Lowe’s Companies Inc. (NYSE: LOW) said today that it plans to hire about 45,000 seasonal employees at its U.S. stores this spring. The company also plans to add another…
We have reported at great length recently on the lists put out by Wall Street firms that highlight their best of the best picks. Whether it is the “Conviction Buy List,” a “Focus…
U.S. equity markets opened lower this morning as investors seem to have reined in the enthusiasm that kicked off the new year. There was little new data out today, so markets followed…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Monday. Apple Inc. (NASDAQ: AAPL) maintained Buy with $750 price target at Canaccord…
Thinkstock The International Longshoremen’s Association and the U.S. Maritime Alliance have agreed to extend contract negotiations for 30 days, thereby averting a strike scheduled to begin December 30th. The main issue in…
ThinkstockNegotiations have failed between the International Longshoremen’s Association and the U.S. Maritime Alliance, raising the threat of a longshoreman’s strike against U.S. ports on East and Gulf Coasts. The Alliance represents container…
Flickr, Images of MoneyThe resolution for the fiscal cliff remains elusive. The politicians hate each other too much to be rational. If one sector has a lot to lose as the country…
ThinkstockInsider selling is starting to get massive before year-end when higher capital gains taxes will kick in. We continue to expect that corporate insiders, venture backers, private equity backers, and founders will…
U.S. equity markets opened higher this morning following comments after Friday’s meeting between President Obama and Congressional leaders to discuss ways of dodging the fiscal cliff. Some were also expecting negotiations to…
ThinkstockLowe’s Companies Inc. (NYSE: LOW) reported third-quarter 2012 diluted earnings per share (EPS) of $0.35 and $12.1 billion in revenues before markets opened this morning. In the same period a year ago,…
U.S. equity markets opened flat this morning following not much in the way of data from either Asia or Europe. In Europe, German Chancellor Angela Merkel wants the European Central Bank to…
Wikimedia CommonsThe Home Depot Inc. (NYSE: HD) reported third-quarter adjusted diluted earnings per share (EPS) of $0.74 and $18.1 billion in revenues before markets opened this morning. In the same period a…
thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had…
When Katrina devastated much of the Gulf coast and crushed New Orleans, several economists said the effects would hurt national gross domestic product. Economic activity in the region would slow, in some…
