EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM)…
The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end…
AB InBev (NYSE: BUD) may buy the part of Modelo it does not already own. (Reuters) Samsung expects a rise in Q2 handset sales. (Reuters) Research In Motion (NASDAQ: RIMM) may split into two companies.…
Ralph Lauren Corporation (NYSE: RL) has what would appear to be good news in most headline watching: the high-end apparel maker is doubling its dividend. Unfortunately this is getting lost in the…
It is not unusual for large American public companies to be controlled by a founder, a founding family or a corporation that bought out the large majority of shareholders at some time…
Among the more developed countries of Asia — China, Japan, South Korea, and Taiwan — the top global brand is Apple Inc. (NASDAQ: AAPL) in three and trails only a local brand…
NFL quarterback Tim Tebow hasn’t been a New York Jet for even a month yet, but that doesn’t mean he can’t be the center of a big controversy. The first appears to…
Paul Ausick It does not matter whether gasoline prices are measured by AAA Fuel Gauge or the carefully watched Lundberg Survey, the trend is clear. The average price for regular gasoline increased 11.49 cents to…
Nike Inc. (NYSE: NKE) has now reported its earnings of $1.20 earnings per share and $5.8 billion in sales. The footwear and apparel giant had estimates from Thomson Reuters of $1.16 EPS…
Jon C. Ogg This Thursday will bring earnings reports from both Lululemon Athletica Inc. (NASDAQ: LULU) and Nike Inc. (NYSE: NKE). Nike is a far larger company and far more important in the world of…
lululemonThis coming Thursday should be an interesting earnings day as we have earnings due from both Nike Inc. (NYSE: NKE) and Lululemon Athletica Inc. (NASDAQ: LULU). Nike is far larger with a…
All three major indexes opened higher this morning, but the strength didn’t last as the Chicago PMI number failed to meet expectations and came in lower even than last month’s reading. The…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Amgen Inc. (NASDAQ: AMGN) Reiterated Buy and Raised target to…
Markets opened slightly lower in the US this morning, but picked up steam in the morning and continued to rise, if slowly, for the rest of the day. The tech sector showed…
The logic from technical traders is simple: “Stocks hitting new highs tend to keep hitting new highs.” Eventually that comes to an end, sometimes a painful end. Until that end arrives it…
