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Roto-Rooter Owner Destroyed as DOJ Goes After Hospice Fraud

Chemed Corp. (NYSE: CHE) is a very strange company. Imagine owning the Roto Rooter drain cleaning and plumbing company AND owning a for-profit hospice provider. Now a Department of Justice suit against the company…

Jon C. Ogg · 13 years ago

DJIA 15,000 Is Here, and Why This Record Matters!

The Dow Jones Industrial Average has just hit a new milestone: DJIA 15,000! The move is on the heels of a weak earnings season, as far as revenue growth, but a better-than-expected unemployment report.…

Jon C. Ogg · 13 years ago

Jefferies Finds Winners in Oil-Field Services Stocks

ThinkstockWith West Texas Intermediate crude holding above $90 and the price of natural gas back over the $4 handle for the first time in years, U.S. oil-field services stocks finally have started to rebound. The…

Jon C. Ogg · 13 years ago

A Long, Slow EU Economic Recovery

ThinkstockEurope 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 year, at least, the prediction is…

Douglas A. McIntyre · 13 years ago

What Is Important in the Financial World

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 year, at…

Douglas A. McIntyre · 13 years ago

Key Difference Between ECB and India Rate Cuts

ThinkstockThe reasons for the rate cuts by the central banks of India and Europe could not be more different, although each region faces economic problems. Each decision shows the weakness of rate cuts as…

Douglas A. McIntyre · 13 years ago

Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

courtesy of AOL, IncBoeing Co. (NYSE: BA) shows airlines plans for a 777 that would have the longest range of any plane in the world. (Reuters) A low-end version of the Nokia Corp. (NYSE:…

Douglas A. McIntyre · 13 years ago

Stock Market Today: Big Winners & Losers for Thursday

thinkstockHere are the five biggest gaining stocks in today’s U.S. markets at closing: Imperial Holdings Inc. (NYSE: IFT) is up 40.5% at $5.59. Kingtone WirelessInfo Solution Holding Ltd. (NASDAQ: KONE) is up 33.3% at…

Paul Ausick · 13 years ago

LinkedIn Earnings Solid, but Forecast Leaves Investors Chilled

ThinkstockLinkedIn Corp. (NYSE: LNKD) reported firstquarter 2013 results after markets closed today. For the quarter, the professional social networking company posted adjusted diluted earnings per share (EPS) of $0.45 on revenues of $324.7 million.…

Paul Ausick · 13 years ago