courtesy J.C. Penney Co. Inc.There has always been a Wall St. trend for the spotlight to shine on the smartest guy in the room at any given time. Whether they be one hit wonders…
ThinkstockCharles I. Plosser, President of the Federal Reserve Bank of Philadelphia, told an audience in Hong Kong that he disagreed with the central bank’s current bond-buying plan. It is another example of the splintering…
ThinkstockA Splintered Fed Charles I. Plosser, President of the Federal Reserve Bank of Philadelphia, told an audience in Hong Kong that he disagreed with the central bank’s current bond-buying plan. It is another example…
ThinkstockInternational aid to developing countries fell for the second year in a row, as the European debt crisis continued to weigh heavily on the wealthiest nations. Grants and loans intended to benefit developing nations…
courtesy of AOL, IncToyota Motor Corp. (NYSE: TM), Honda Motor Co. Ltd. (NYSE: HMC) and Nissan will recall 3.4 million cars over airbag defects. (Reuters) Yum! Brands Inc. (NYSE: YUM) faces slow KFC sales…
thinkstockHere are today’s five biggest gaining stocks at closing: Royale Energy Inc. (NASDAQ: ROYL) is up 67.1% at $3.34. Westbury Bancorp Inc. (NASDAQ: WBB) is up 35.20% at $13.52. The stock began trading today.…
U.S. equity markets opened higher this morning and both the DJIA and the S&P 500 climbed to new intra-day highs (more coverage here). The Fed mistakenly released FOMC minutes early to some Congressional staffers…
Jon OggEndless printing of money to purchase assets and bonds in Japan is a real game-changing initiative. It devalues what had become a very overvalued Yen but creates problems for the rest of us.…
ThinkstockWednesday was unusual in that the FOMC minutes from the March 19-20 meeting were released much earlier than expected. We could not help but wonder how that might impact the $21 billion ten-year Treasury…
The Dow Jones Industrial Average has just hit 14,800 on Wednesday for a new all-time high. Call it 14,800.47 after a gain of 127.01 points or 0.87%. The S&P 500 Index just hit a…
There is good news for dividend and income investors. We saw enough dividend hikes that we knew there was some mathematical gain in hard dollar terms, but now we have some formal reporting on…
ThinkstockWhat is one trend you see whenever the stock market hits a new high or enjoys a long period of strength? Usually, companies and their insiders line up in droves to sell stock to…
These are some of the top analyst upgrades, downgrades and initiations seen from select Wall Street research calls on April 10, 2013.
ThinkstockTechnology stocks lagged the overall market over the last year. What is interesting is that there is a consensus among Wall St. firms that technology is poised for a solid 2013. The continued sales growth of smartphones…
ThinkstockEvery firm on Wall St. has a list of stocks that need to be bought for one reason or another. We keep our readers abreast of those lists, because many of the large firms…