White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett may have surprised the markets with the $28 billion purchase of H.J. Heinz Company (NYSE: HNZ), but there…
U.S. equity markets opened lower this morning before bouncing into positive territory briefly and then turning south again. As happened yesterday, the focus was on Europe, where Italy’s oldest bank was expected…
ThinkstockCVS Caremark Corp. (NYSE: CVS) reported fourth-quarter and full-year 2012 earnings this morning. For the quarter, the pharmacy benefits management and retail sales firm posted adjusted diluted earnings per share (EPS) of…
U.S. equity markets opened higher this morning and maintained their upward momentum for essentially the whole day. Lacking any really bad news from Asia or Europe, U.S. markets shrugged off a weaker…
ThinkstockCorporate governance issues are sometimes a blessing for shareholders, but they also can crush the rights of shareholders in many cases. Tracking CEO pay of large public companies is now considered open hunting…
U.S. equity markets opened mixed this morning with the DJIA and the S&P 500 higher, and the Nasdaq lower, dragged down by concern over the earnings of Apple Inc. (NASDAQ: AAPL) (more…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Apple Inc. (NASDAQ: AAPL) cut to Hold at Jefferies, called an attractive…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral a Janney. Bazaarvoice Inc.…
Drug store giant Walgreen Co. (NYSE: WAG) announced this morning that November same-store sales fell 6.2% year-over-year, primarily due to the impact of generic drug sales replacing sales of higher-priced brand-name drugs.…
Mark Hirschey / Wikimedia CommonsBerkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings. Many changes had been made in the June quarter…
By Jeff Ooi., posted to LensaMalaysia.com via Wikimedia CommonsPerhaps believing that the worst is over for some of America’s most troubled companies, or fearing a year-end rally that could lift all ships,…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
U.S. equity markets opened higher this morning as investors seemed to prefer a little risk trading on U.S. election day. Asian markets were cautious ahead of today’s elections, while in Europe some…
U.S. equity markets opened mixed this morning as investors appear to be cautious as tomorrow’s elections get closer. Coupled with possible changes in the U.S., China will replace its leadership at its…
At its analysts meeting today, Wal-Mart Stores Inc. (NYSE: WMT) talked up its expansion into smaller stores, particularly its Neighborhood Market stores. Sales at the more than 200 Neighborhood Market locations were…
