The bulls ran for cover today as commodities and financial stocks are pulling the market lower. After two huge ‘sell the news’ earnings reactions were followed by even more ‘sell the news’ earnings reactions,…
More mergers in utility-land. Northeast Utilities (NYSE: NU) and NSTAR (NYSE: NST) have announced a $17.5 billion definitive merger in a move to create one of the largest utilities in the U.S with six…
The 33 trapped Chilean miners are finally being rescued. Images on TV are showing elated miners being pulled up the deep mine shaft through a two-foot narrow hole via a rescue capsule. Layne Christensen…
The International Monetary Fund is out taking the wind out of the sails of growth. Not just in the United States. Elsewhere too. The good news is that this is still a move farther…
PG&E Corp. (NYSE: PCG), the owner of Pacific Gas & Electric, often has to deal with unpleasant situations as it is a utility in the troubled West. There are some man-made fires which routinely…
Investors are looking for safe haven stocks that won’t get killed if we are into another bear market. In this case, investors usually flock to defensive stock names during a bear market or when…
The technology stock event of the week is about to happen. Cisco Systems, Inc. (NASDAQ: CSCO) has earnings today after the close, and every technology investor is going to be paying close attention to…
Investing in water is one of the trends that investors have gone after for years and years. After all, the future of the world and life depend entirely upon the availability of fresh water. …
Higher postage prices are heading your way. Uncle Sam and the great U.S. Postal Service have decided that the best mechanism out there now will be a price hike. While this will only over…
Recent earnings reports from machinery makers Caterpillar Inc. (NYSE:CAT) and Deere & Co. (NYSE:DE) have been weak, but getting better. Caterpillar reported fourth-quarter and full-year 2009 earnings in January and Deere reported first quarter…
It was just a while ago that Millipore Corp. (NYSE: MIL) exploded upwards and Thermo Fisher Scientific Inc. (NYSE: TMO) saw a significant drop. The reason was a “merger agreement” being cited, but Bloomberg…
Google (GOOG) got approved by US regulators to sell electricity, allow it to buy and sell power like a power company. The Federal Energy Regulatory Commission greenlighted the search firm’s application yesterday. Google will…
PIMCO’s chief Bill Gross puts out a regular letter in which he shares his investment advice with the public. Invoking the memory of Will Rogers, a Depression-era comic, Gross describes the recent upheaval in the…
Cisco (CSCO) continues to buy companies at a rapid-fire pace. It added video infrastructure and transport company Tandberg to its video hardware and software portfolio, paying $3 billion in cash for the firm.
Verizon Communications Inc. (NYSE: VZ) did not immediately rise despite the announcement from the company that it was raising its quarterly dividend. Most dividend hikes do not raise the price of stocks immediately, but…