Continuing jobless claims rose by 159,000 in the week ended Jan. 17 to a seasonally adjusted 4.78 million, the most since the government’s records began in 1967. The number of unemployed people…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a series of positions to gamble that firms like Microsoft (MSFT) and Cisco…
It seems impossible that a handful of companies could put nearly 80,000 people out of work in a day. Caterpillar (CAT), Pfizer (PFE), Texas Instruments (TXN), Sprint (S), and Home Depot (HD)…
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to be Treasury Secretary. Reuters reports that people lost confidence in business globally…
We have been tracking the layoffs and the weekly jobless claims to figure out what they mean for the economy. Just this morning we noticed many job cut announcements from companies.. Home…
The first reaction a lot of investors would have to Home Depot’s (HD) results is that they are bad. Very bad. The earnings beat Wall St. forecasts, but the firm’s comments about…
Douglas A. McIntyre The Home Depot, Inc. (NYSE: HD) is set to report earnings on Tuesday morning before the open. This comes on the heels of its smaller rival Lowe’s Companies Inc. (NYSE: LOW), which…
These are some of the changes we have seen in the holdings of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is alphabetical from…
According to Reuters, concerns about the global economy are growing as the G20 nations are meeting. Reuters says that Congress challenged banks on how they would use bailout funds. Reuters reports that…
In a sign that the people with the closest view of housing expect market conditions to remain weak for a long time, Lowe’s (LOW) is expected to announce this week that it…
These are some of the top upgrades or positive calls we are seeing from analysts this Friday morning: Home Depot (HD) Started as Outperform at FBR. Illumina (ILMN) Started as Overweight at…
Home Depot (HD) had a fairly poor quarter, but it was a bit better than expected. What was more important is that it held to its guidance for the rest of the…
Douglas A. McIntyre VSInvestor reports on several stocks moving on heavy volume today. At the top of the list are Freddie Mac (FRE) and Fannie Mae (FNM) dropping on comments from Barron’s that the common…
Lowe’s Companies Inc. (NYSE: LOW) managed to actually beat earnings projections and managed a gain in revenues. The hardware and home improvement store posted earnings per share with a drop of 4.5%…
These are more of Warren Buffett’s and Berkshire Hathaway Inc. (NYSE: BRK-A) holdings as of June 30, 2008: Home Depot Inc. (NYSE: HD) 4,181,000 shares Ingersoll-Rand (NYSE: IR) 5,636,600 shares Iron Mountain…
