ThinkstockWells Fargo & Co. (NYSE: WFC) reported fiscal first-quarter results before markets opened this morning. The bank reported that quarterly diluted earnings per share (EPS) totaled $0.92 on revenue of $21.3 billion.…
Paul Ausick courtesy of Facebook Inc.Martha Stewart Omnimedia Inc. (NYSE: MSO) is unable to get a court to dismiss charges by Macy’s Inc. (NYSE: M) that it has exclusive rights to some of her…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve said today that 4.2 million borrowers will begin receiving payments in the range of $300 to $125,000 beginning this week…
Jon Ogg24/7 Wall St. wants some insight from readers ahead of earnings season. We have grouped four rival sectors to see which ones investors are more excited about this earnings season. This is…
Frank Golhen, via Wikimedia CommonsIt is hard to believe already, but another earnings season is coming upon us. With both the DJIA and the S&P 500 up 10% or more in the…
ThinkstockThe Chinese services PMI rises to 55.6 in March — a recent high — from 54.5 in February. (Reuters) The Securities and Exchange Commission says public companies may release information over social…
Courtesy of Tesla MotorsBuying a Tesla sports car or a Model S sedan is truly a privilege. The cost of the nearly zero-emission electric vehicle is not ridiculous on the surface but…
ThinkstockEverybody in the business of writing, reporting or talking about stocks and the stock market has highlighted the spectacular run of the housing stocks since the March 2009 low. Every firm on…
ThinkstockThere has been a bruising battle over how much America’s largest corporations should pay in taxes, especially as the size of the federal budget deficit grows. While on paper the federal corporate…
U.S. equity markets opened higher this morning following a better-than-expected report on new jobless benefits claims in the U.S. and a mostly inline report on producer prices (more coverage here). In Europe,…
Courtesy Herbalife Ltd.William Ackman and Pershing Square Capital Management have released another presentation backing Ackman’s claim that Herbalife Ltd. (NYSE: HLF) is indeed a pyramid scheme. This time Ackman compares Herbalife to…
ThinkstockThe home building industry may have been left for dead after the mortgage debacle and recession of 2008, but it continues to help lead markets higher and heal a very anemic economy.…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from select Wall St. research calls. Amazon.com Inc. (NASDAQ: AMZN) cut to Neutral from Overweight at J.P. Morgan.…
courtesy of NetflixThe head of marketing at Apple Inc. (NASDAQ: AAPL) criticizes Google Inc.’s (NASDAQ: GOOG) Android software and its largest adopter, Samsung. (Reuters) Citadel will sell the shares it still has…
ThinkstockThe housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a smaller part of those sales. Close to a…
