13 Must-Read Weekend Stock Stories for Monday
Jon OggIt may be the weekend, and the DJIA hit a new high this last week, but there is no such thing as any rest for the wicked. 24/7 Wall St. has identified 13 must-read…
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Newest first · Page 100How Did the U.S. Postal Service Actually Add 4,500 Jobs in February?
courtesy of USPSThere are always some interesting factoids in various industries and sectors in each monthly breakdown of the Employment Situation from the Bureau of Labor Statistics. Friday’s BLS report was a much stronger…
Market Close: Big Winners & Losers for March 8, 2013 (AQ, III, MGPI, WG, BVSN, SKUL, SUTR, PGRX, ANGO, TECUA)
Here are today’s five biggest gaining stocks at closing: Acquity Group Ltd. (NYSEMKT: AQ) is up 34.4% at $8.25. Information Services Group Inc. (NASDAQ: III) is up 25.7% at $1.81. MGP Ingredients Inc. (NASDAQ:…
24/7 Wall St. Closing Bell — March 8, 2013: Markets Maintain Buying Trend (TIF, SKUL, TWX, HL, AAPL, FNSR, HRB, P, WDAY, ANN, FL, CSIQ, CHYR, DKS, RENN, P, VALE, VOD)
U.S. equity markets opened higher this morning mostly on the strength of a far-better-than-expected report on U.S. non-farm payrolls and a lower-than-expected unemployment rate of 7.7% (more coverage here). In Europe, German industrial production…
Fitch Downgrades Italy: Tourism, Shoes & Purses Not Enough
ThinkstockFitch Ratings this morning cut its rating on Italian debt one notch from ‘A-’ to ‘BBB+’ with a negative outlook. And the ratings firm gave a long list of reasons for the cut. The…
Americans Added $36.2 Billion in Credit Card Debt in 2012
ThinkstockEven though Americans spent 2012 reducing their net credit card debt in every quarter, for the full year net credit card debt rose by $36.2 billion. That is 21% lower than the $45.87 billion…
ETF Folly: Patents Covering ETF Methodology
Thinkstock24/7 Wall St. is taking a look at key exchange-traded fund (ETF) features each and every day to help investors and the public navigate through issues around their personal finances. It has been said…
Top Analyst Upgrades and Downgrades (AAPL, CS, HL, NAV, P, ROK, SKUL, TEF, TIF, TWX, TIVO, WHR, XLNX)
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Apple Inc. (NASDAQ: AAPL) reiterated Outperform and $600 price target by Credit Suisse. Credit Suisse…
5 Early Bird Analyst Upgrades
These are some of the top analyst upgrades and downgrades seen early by 24/7 Wall St. from the key all Street research calls this Friday. Hecla Mining Co. (NYSE: HL) raised to Buy at…
China’s Exports Surge in February: A Sign of Global Economic Recovery?
ThinkstockChina’s exports jumped in February, which may indicate a recovery of the economy across most of the rest of the world. Or it could be that inventories of goods are low in many nations and…
What’s Important in the Financial World (3/8/2013)
courtesy Boeing Co.Bad News for Boeing Boeing Co. (NYSE: BA) got some more bad news about the battery problems in its 787 Dreamliner. Fires caused by the batteries are hard to extinguish. According to…
Beware of the Coming Activist Bubble
ThinkstockYou have heard of all sorts of bubbles in the financial world. There are instances like the housing bubble, a bond bubble, the dot-com bubble, the tech bubble, the private equity bubble, and on and…
U.S. Companies That Appear Generous to Shareholders Are Not
ThinkstockThe Wall Street Journal reported that S&P 500 companies will return $300 billion to shareholders in 2013 via dividends and share purchases. The figure is a record, which would imply a level of generosity,…
Media Digest (3/8/2013) Reuters, WSJ, NY Times, FT, Bloomberg
courtesy of AOL, IncThe European Central Bank cuts its growth forecasts for group members and says inflation is not a threat. (Reuters) The Motorola division of Google Inc. (NASDAQ: GOOG) will cut 1,200 jobs.…
Market Close: Today’s Big Winners & Losers (AFFY, CNIT, IMMR, HOTT, APAM, BAA, SCTY, HTHT, AV, MTG)
thinkstockHere are today’s five biggest gaining stocks at closing: Affymax Inc. (NASDAQ: AFFY) is up 53.7% at $3.52. China Information Technology Inc. (NASDAQ: CNIT) is up 36.6% at $1.38. Immersion Corp. (NASDAQ: IMMR) is…