ThinkstockThe homebuilding stocks were battered this week when luxury builder Toll Brothers Inc. (NYSE: TOL) released lower-than-expected earnings despite reporting revenues that were up 32% from last year. Does this mean that…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Barclays PLC (NYSE: BCS) raised to Outperform at Bernstein. BHP Billiton Ltd. (NYSE:…
Wikimedia CommonsThe country’s largest home improvement store, The Home Depot Inc. (NYSE: HD), announced this morning that it has begun hiring the first of more than 80,000 seasonal employees to staff its…
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…
ThinkstockLast month we wrote about the huge rally in the homebuilding stocks since the lows of the stock market in March of 2009. Stocks that were written off for dead like Lennar…
ThinkstockHome improvement retailer Lowe’s Companies Inc. (NYSE: LOW) said today that it plans to hire about 45,000 seasonal employees at its U.S. stores this spring. The company also plans to add another…
As each new year arrives, 24/7 Wall St. looks at each of the 30 Dow Jones Industrial Average components and assigns a forward value for the Dow based on a mixed methodology.…
Thinkstock The International Longshoremen’s Association and the U.S. Maritime Alliance have agreed to extend contract negotiations for 30 days, thereby averting a strike scheduled to begin December 30th. The main issue in…
ThinkstockNegotiations have failed between the International Longshoremen’s Association and the U.S. Maritime Alliance, raising the threat of a longshoreman’s strike against U.S. ports on East and Gulf Coasts. The Alliance represents container…
Flickr, Images of MoneyThe resolution for the fiscal cliff remains elusive. The politicians hate each other too much to be rational. If one sector has a lot to lose as the country…
Nearly half the respondents in a recent study said they would consider getting a mortgage through eBay Inc.’s (NASDAQ: EBAY) PayPal. And one of three would consider a mortgage from Wal-Mart Stores…
ThinkstockLowe’s Companies Inc. (NYSE: LOW) reported third-quarter 2012 diluted earnings per share (EPS) of $0.35 and $12.1 billion in revenues before markets opened this morning. In the same period a year ago,…
U.S. equity markets opened higher this morning, but the three major indexes fell below the neutral line after the first hour or so of trading. In Europe, Greece said its GDP contracted…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. Barrick Gold Corp. (NYSE: ABX) cut to Hold at Argus. Changyou.com Ltd. (NASDAQ:…
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,…
