Today’s Market Winners and Losers
Frank Golhen, via Wikimedia CommonsThe stock market is mixed Wednesday, with the Dow Jones Industrial Average down 0.25%, the Nasdaq up 0.16% and the S&P 500 up 0.09%. Today’s sole winner is a financial…
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Newest first · Page 128Germany Cuts 2013 GDP Forecast
ThinkstockFor further evidence that the eurozone’s infatuation with austerity is not working, look no further than today’s announcement from Germany that the largest economy in Europe will post 2013 GDP growth of just 0.4%.…
Retail Customers Embrace Online Shopping
ThinkstockRetail sales for the holiday season just behind us rose about 4.8%, compared with sales during the 2011 holiday shopping season. Online sales rose by more than 14%, and that growth is virtually certain…
Trader Alerts: 9 Big Stock Movers This Wednesday (BA, CMG, DELL, FIVE, GNW, ONXX, VRA, WEN, YHOO)
Frank Golhen, via Wikimedia CommonsMany stocks are on the move this Wednesday morning and we are covering some of the key winners and losers for our readers. Boeing Co. (NYSE: BA) is trading lower…
BP Gas Field in Algeria Attacked
ThinkstockIslamic militants have attacked the Amenas natural gas field in southern Algeria and have taken at least eight people hostage, according to a Wall Street Journal report. The eight include British, Norwegian and Japanese…
Top Analyst Upgrades and Downgrades (BUD, AAPL, ARMH, ATML, BA, DELL, GOOG, K, SEE, SNCR, VOD, ATEC, ANAC)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far this Wednesday from Wall St. research calls. Anheuser-Busch InBev S.A. (NYSE: BUD) cut to Reduce at Nomura. Apple Inc.…
Top Analyst Buy Ideas From Raymond James (RJN, NUAN, SWKS, AAPL, C, RF, XOM, EPD)
Last week we featured top picks from analysts at some of Wall St.’s largest firms. We had everything from the very eclectic to the standard large cap parade of names. This week we examine…
Alibaba Prepares IPO to Raise $4 Billion
ThinkstockAlibaba, the preeminent e-commerce company in China, apparently has decided to have an initial public offering to raise as much as $4 billion. The decision probably is unrelated to the partial retirement of CEO and…
What’s Important in the Financial World (1/16/2013)
ThinkstockAlibaba Prepares IPO Alibaba, the preeminent e-commerce company in China, apparently has decided to have an initial public offering to raise as much as $4 billion. The decision probably is unrelated to the partial retirement…
States With the Best and Worst School Systems
ThinkstockA new report has determined that the United States’ education system is improving. The bad news is that it still gets a C+. Click here to see states with the best schools Click here…
World Bank Comes Late to Economic Growth Bashing
ThinkstockThe World Bank has issued an economic forecast for 2013 that bears substantial similarities to those issued earlier by other agencies, credit rating firms and bankers. The global economy will not recover based on…
Media Digest (1/16/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of Facebook Inc.The World Bank cuts its outlook for 2013. (Reuters) Facebook Inc. (NASDAQ: FB) releases a search feature to be used among members, and Wall St. is unimpressed, sending shares down. (Reuters)…
24/7 Wall St. Closing Bell — January 15, 2013: Markets Open Lower, Eke Out Mixed Close (AXP, GMCR, DELL, ARMH, LOGI, ED, FRX, LEN, BK, CMA, JPM, WEN, USB, EXPR, COOL, BGFV)
U.S. equity markets opened lower this morning following an announcement from Germany that its economy had contracted by 0.5% in the fourth quarter (more coverage here). U.S. data was released on producer prices and…
Samsung Rides the Wave in Smartphone Sales
courtesy of SamsungThe latest data from 451 Research’s ChangeWave service shows that Samsung’s Galaxy III smartphone is gaining market share on the iPhone from Apple Inc. (NASDAQ: AAPL). In its December survey of “primarily…
Economic Confidence Up a Little; Dissatisfaction with Government at Watergate Level — Gallup
ThinkstockIn two blasts of data issued today, Gallup reports that its economic confidence index rose from -21 to -18 for the week ending January 13 and, in a separate release, concern about the federal…