One of the effects of the current record stock market levels is that companies that are poorly run and post poor results have done as well, if not better, than shares in…
TwitterTwitter has added an investment banker to its staff. This has prompted speculation that the company may begin the process for an initial public offering. Of course, investors could be gun-shy after the…
ThinkstockSlow EU Economic Recovery Europe believes that it is doing poorly, financially. The European Commission (EC) put out its forecast for gross domestic product (GDP) activity for this year and next. This…
ThinkstockThe first legal online gambling site in the U.S. launched today, ultimatepoker.com, a majority-owned subsidiary of Station Casinos LLC. In order to play, though, you must be able to prove that you…
U.S. equity markets opened higher this morning after the U.S. Department of Commerce reported that personal income and spending both rose by 0.2%, which was slightly higher than expected for spending and…
U.S. equity markets opened lower this morning after hearing that U.S. GDP growth in the first quarter came in at 2.5%, well below the expected 3.1% (more coverage here). U.S. consumer sentiment…
U.S. equity markets opened higher this morning following a report on U.S. unemployment that was better than analysts expected (more coverage here). There were literally hundreds of U.S. companies reporting earnings between…
courtesy of ZyngaIt is rare that a relatively large U.S. public corporation loses such a large portion of its revenue that it becomes pathetically small. Online game firm Zynga Inc. (NASDAQ: ZNGA)…
Douglas A. McIntyre courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) reported first quarter 2013 results after markets closed today. The social games company posted adjusted earnings per share (EPS) of $0.01 and revenues of $264 million.…
Paul Ausick U.S. equity markets opened mixed this morning as investors and traders tried to make sense of more than 150 earnings reports that were released between last night’s closing bell and this morning’s…
U.S. equity markets opened lower this morning and then fell even more following the U.S. non-farm payroll and unemployment report (more coverage here). Outside the U.S., little data came out. German factory…
U.S. equity markets opened very slightly higher this morning but it was all downhill from there. The U.S. jobs report from ADP came in weaker than expected and cast a shadow of…
ThinkstockToday’s launch of real-money gambling in the United Kingdom has sent shares of Zynga Inc. (NASDAQ: ZNGA) soaring this morning. The anticipated launch in a partnership with Bwin.party Digital Entertainment is viewed…
Jon OggInvestors and traders alike are usually on the lookout for new ideas that will generate profits. 24/7 Wall St. looks over research calls from Wall St. and beyond to find great…
U.S. equity markets opened slightly lower this morning, rose briefly above the break-even line, and then slipped following a weaker-than-expected report on U.S. manufacturing PMI (more coverage here). In Asia, China’s PMI…
