ThinkstockThe two main reasons people argue for online sales tax is they say that it is unfair to the bricks-and-mortar companies, and it will raise more tax revenue. In the view of…
U.S. equity markets opened higher this morning following a report on U.S. unemployment that was better than analysts expected (more coverage here). There were literally hundreds of U.S. companies reporting earnings between…
U.S. equity markets opened mixed this morning as investors and traders tried to make sense of more than 150 earnings reports that were released between last night’s closing bell and this morning’s…
Jon OggInvestors and traders are always looking for good research-driven ideas for stocks to buy and stocks to sell. Some of these come from independent research and some come from sell-side firms…
ThinkstockMost investors are familiar with the acronym GARP, which stands for growth at a reasonable price. UBS A.G. (NYSE: UBS) has taken that category one step further and added a Q for…
ThinkstockIn the most recent trading days, we have seen more companies turn to new or expanded share buyback plans. If the dividend tax rates rise too much, corporations may ditch the endless…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
Retailers will be announcing June same-store sales this week, and industry research firm Retail Metrics is now predicting sales growth of just 1% for the month. The past weekend’s storms on the…
The three major US stock indexes opened modestly higher this morning as investors appear to have high hopes that tomorrow’s summit meeting of European Union leaders will lead to a resolution of…
Pep Boys – Manny, Moe & Jack (NYSE: PBY) has been a disaster since its private equity group buyout imploded. Or has it? When companies lose a buyer it is never a…
Pep Boys – Manny, Moe & Jack (NYSE: PBY) was supposed to be the next buyout. Apparently not and shares are getting crushed. The news is out confirming that Gores is ditching…
On April 26th, Gores Group LLC asked Pep Boys – Manny, Moe & Jack (NYSE: PBY) to delay a special shareholders meeting by 30 days in order to give the private equity…
ThinkstockAuto parts retailer The Pep Boys – Manny, Joe & Jack (NYSE: PBY) has agreed to be acquired by private equity firm The Gores Group for $1 billion cash, or $15/share. The…
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…
