June 24, 2013: U.S. equity markets opened lower this morning and spent the day trying to move back to break even with Friday’s close. The U.S. markets got no help from Shanghai,…
U.S. equity markets opened higher this morning after yesterday’s bloodbath. There was no economic data of note released today in either Asia or the U.S. In Europe, the eurozone’s current account surplus…
courtesy of ArcelorMittalSterne Agee has released a consolidated report showing the firm’s top analyst stock picks in energy and industrials now that we are out of the first quarter earnings season. This…
U.S. equity markets opened slightly higher this morning and spent most of the day bouncing around above the break-even line. In Asia, the Bank of Japan will double its monthly asset purchases…
ThinkstockActivist investor Carl Icahn made a play for railcar maker Greenbrier Companies Inc. (NYSE: GBX) last December, but quickly reversed himself after the firm rejected his $22 per share offer. Greenbrier’s shares…
Paul Ausick U.S. equity markets opened very slightly higher this morning but it was all downhill from there. The U.S. jobs report from ADP came in weaker than expected and cast a shadow of…
courtesy U.S. State DepartmentGovernor Dave Heineman of Nebraska has sent a letter to President Obama today expressing his approval for the re-worked Keystone XL pipeline project through the state. Heineman’s approval can…
U.S. equity markets opened higher this morning following a better-than-expected quarterly earnings report from Alcoa Inc. (NYSE: AA). There was not a lot of economic data out today, so corporate earnings had…
ThinkstockThe Greenbrier Companies (NYSE: GBX) reported first-quarter fiscal 2013 diluted earnings per share (EPS) of $0.35 on revenue of $415 million. In the same period a year ago, the railcar builder reported…
Paul Ausick U.S. equity markets opened lower this morning and remained down throughout the day. The likely reason for the downturn is lowered expectations for corporate earnings which will get off the blocks after…
ThinkstockIn a filing with the SEC this morning, Carl Icahn-owned American Railcar Industries Inc. (NASDAQ: ARII) revealed that it has had “conversations” with The Greenbrier Companies (NYSE: GBX) that could result in…
U.S. equity markets opened lower this morning on softness in Asian markets and another punt in the eurozone. In Asia, China is rumored to be ready to expand its property tax program,…
Pipeline MLP Plains All American Pipeline LP (NYSE: PAA) will build a new crude oil rail facility in Tampa, Colo., to receive and transport up to 68,000 barrels per day of crude…
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…
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…
