Crude oil is at $98.02, down 0.98% Gold is at $1,782, down 0.36%. Hong Kong’s Hang Seng closed up 1.94% to 19,508. Japan’s Nikkei closed higher by 1.05% to 8,604. The U.S. 10-year is at 2.09%, up $0.o3. The FTSE…
Mike Sauter Italy and Greece begin efforts to prove that their sovereign debt is safe. (Reuters) Groupon (NASDAQ: GRPN) will make a major holiday effort to drive extra revenue. (Reuters) Appetite for Olympus shares…
The collapse of the US housing market has been among the most stubborn problems facing the US economy for the past four years. Construction jobs have vanished, home values have plummeted, and…
Shares opened lower this morning on continuing concern about European bank debt. The Case-Shiller report on housing contributed to the weakness and then the Conference Board’s Consumer Confidence Index came it at…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. AT&T Inc. (NYSE: T) Cut to Market Perform at Bernstein. The…
Our look at stock target prices focuses on homebuilders and home improvement stores today. It is not news that U.S. homebuilders have had a very tough few years. In the past five…
Zerohedge: Empire Fed Manufacturing Misses Expectations; Hopium Ends As Future Conditions Index Lowest Since February 2009 http://www.zerohedge.com/node/439229 MSNBC: Citigroup’s net income jumps 73 percent http://on.msnbc.com/qpgJkt MarketWatch: Empire State regional factories index stays…
Back in the day, a layaway plan made sense for many consumers who did not have the full purchase price of an item but could pay regular small installments until the item…
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the…
The pace of stock buyback announcements in the month of August was almost unbelievable. The pace was stronger at the start of the month when earnings were still coming in droves, but…
The worst part about hurricane season is that one bad hurricane has no impact on whether or not another hurricane, or series of hurricanes, can be coming back down the pipe. If…
Will Hurricane Irene cost the United States $10 billion? $15 billion? Or even more? It really depends upon whom you speak with on this front. The expected damage count is growing now…
Online sales success has become critical to major retailers. All evidence shows that e-commerce continues to grow at double-digit annual rates while in-store sales in the U.S. have barely grown at all…
Shares in home improvement store Lowe’s Companies, Inc. (NYSE: LOW) were trading higher by around 3% in the pre-market this morning on news that the company will initiate a $5 billion stock…
Target Corp. (NYSE: TGT) reported earnings this morning and the second quarter results were solid if not spectacular. Target posted EPS of $1.03 vs. expectations of $0.97. Net profit rose from $679…
