Oil has hit an extraordinarily low price, below $90 a barrel for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from Europe and China actually…
A quick review of the 25 largest US IPOs ever shows how badly Facebook (NASDAQ: FB) has done in early trading. Most of the company’s on the list have tremendous revenue, traditional business…
Concerns about Spain and Italy renew capital markets’ rejection of area debt. (Reuters) Best Buy (NYSE: BBY) will have to bring in an outsider to change the company’s old philosophy. (Reuters) The…
Ratings agency Fitch Ratings didn’t like what it saw on a residential mortgage backed securities bond from Credit Suisse Group (NYSE: CS) and it said so. That led the bank to drop…
Paul Ausick If you were preparing for the bank stress tests all week (and last week), chances are high that MetLife, Inc. (NYSE: MET) was not on your list of companies which would pass…
Jon C. Ogg MetLife Inc. (NYSE: MET) is a bank? It was part of the Federal Reserve stress tests, and the insurance giant did not come out too well in the stress tests. The Federal…
Jon C. Ogg We have several sector-moving earnings reports due on Tuesday, February 14. These are basic previews for shares of Avon Products, Inc. (NYSE: AVP), Goodyear Tire & Rubber Co. (NYSE: GT), MetLife Inc.…
Earnings season is starting to slow down a bit but we will still have some sector-moving earnings reports from major companies. 24/7 Wall St. has prepared earnings previews for the following companies: Charles River…
It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market…
It seems that most investors have started adding income or dividend reinvestment plans to their portfolios by using dividend stocks. With the yields of the 10-Year Treasury close to 2% and the…
Obama nominates Jeremy Stein and Jerome Powell to take seats at the Federal Reserve. (Reuters) New York Times (NYSE: NYT) sells its regional media group for $143 million. (Reuters) The U.S. Treasury…
The GE Capital arm of General Electric Co. (NYSE: GE) has struck a deal MetLife Inc. (NYSE: MET) to buy MetLife’s online retail banking group called MetLife Bank. Financial terms of the…
General Electric Co. (NYSE: GE) is in the news with an acquisition of depository assets from MetLife, Inc. (NYSE: MET) which some may fear is taking it back to being more and…
This last weekend brought the first waves of picks for 2012. Barron’s issued its “10 Favorite Stocks For 2012” and the stocks were just about all lower on Monday with a very…
Corporations can spend hundreds of million dollars just so they can put their name on a major league sports stadiums. 24/7 Wall St. looked that the 13 largest stadium-naming rights deals and…
