Congress, close to a budget agreement, may avoid a government shutdown. (Reuters) Washington Mutual shareholders and creditors set a deal that could allow an exit from bankruptcy. (Reuters) The policy meeting of…
Jon Corzine of MF Global says he does not know where much of the firm’s funds went. (Reuters) Samsung wins the legal fight over whether it can sell its tablet PC in…
McDonald’s Corp. (NYSE: MCD) reported that global same-store sales rose 7.4% in November as each of the company’s three geographic regions posted gains. In the US and Europe, sales were up 6.5%,…
Paul Ausick The economic choppiness is coming to a head with the age of dividend hikes. The pressure is going to remain for companies to continue returning capital to shareholders while also looking for…
The recession-proof, big-dividend-paying, 52-week-high-trading, largest fast food company on the globe, McDonald’s (NYSE: MCD) posted remarkable same-store sales worldwide. McDonald’s global comparable sales growth of 5.5% in October. In the U.S., comparable sales…
Douglas A. McIntyre Stocks opened higher this morning, helped along by a host of merger announcements. Techs got boost when Oracle Corp. (NASDAQ: ORCL) said it would pay $1.5 billion for cloud-based customer service provider…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Aetna Inc. (NYSE: AET) added to Strong Buy List at Zacks.…
A raft of good earnings reports pushed the markets higher at opening this morning, sending the Dow Industrials up about 200 points at mid-day. For some reason traders are hopeful that this…
We have already seen waves and waves of earnings reports this week, yet we have many more Dow Jones Industrial Average companies reporting earnings and several other key companies that investors and…
International Business Machines Corporation (NYSE: IBM) has now reported its third quarter earnings report at $3.28 EPS and $26.2 billion in sales. Thomson Reuters was looking for $3.22 EPS and $26.25 billion…
ChartObese people do not just risk their own health; their health problems cripple the economy. GDP would be given a boost if the number of fat people fell sharply. The Obama administration…
Douglas A. McIntyre Jon OggEarnings season is upon us and so far things are shaping up either a bit better, or less-bad, than what the news reports and headlines might have led investors to believe.…
The Senate passed a bill that would press China to allow the value of its currency to rise. It is time to take stock of what the action would cost America if…
Walmart announced a partnership today with the world’s largest social media service offering unique Facebook pages for 3,500 of its stores. The move, according to the world’s largest retailer, is an effort…
With fears of a new economic downturn, investors have become concerned about sales and profits of large companies. But there are companies that have already proven themselves in the recent recession. They…
