Markets opened slightly lower this morning as everyone seemed to be waiting for the announcement from Apple Inc. (NASDAQ: AAPL) regarding its $97 billion cash pile (our coverage here). Financial...
Source: ThinkstockWhen economists, investors and business people want to decide what the next three to 12 months look like, they have to choose from myriad sources to decide what the overall climate...
The Federal Reserve Board unanimously approved a request by the Federal Reserve Bank of New York to decrease the primary credit rate from 3-1/2 percent to 3-1/4 percent. The Fed also authorized the...
By CrossProfit 05/24/2007 The big three distributors dominating the pharmaceutical distribution market in the US are; Cardinal Health (CAH), Mckesson Corp. (MCK) and AmerisourceBergen (ABC). Market...
This morning’s quarterly and annual results from Arch Coal, Inc. (NYSE:ACI) have kept the coal fires burning. Arch reported EPS of $2.45 on net income of $354.3 million for the year. Annual...
As expected, the European Central Bank has followed through with some of the market expectations of a rate cut.  Unfortunately, not all rate cuts are created equally.  Thursday’s decision from...
Another shoe dropped for Arch Coal Inc. (NYSE: ACI) today as Fitch Ratings has lowered the company’s credit rating to ‘B+’, four notches below investment grade. The rating follows yesterday’s...
Jean-Claude Trichet, president of the European Central Bank, an agency with almost no power, said that Greece will not default on its debts. It was as if there is some magic in his words that might...
F. Scott Fitzgerald was right. One chance and one chance only. The Fed took its last step by cutting rates to zero and saying it will buy up all of the debt it can find, perhaps a trillion dollars...
Adobe Systems Inc. (NASDAQ: ADBE) gave some mixed guidance last night, but in today’s climate of tech washouts any guidance is a win.  That is what we are seeing this morning, and analyst calls...
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.Amazon.com, Inc. (NASDAQ: AMZN) Reiterated Outperform and raised...
There are royal dynasties, political dynasties, and sports dynasties. And in the entertainment world, there are acting dynasties.To determine the most famous acting families in Hollywood history,...
The executive director of International Energy Agency has released a statement this morning that is pushing crude prices down further today: The oil market has been tightening in recent months; crude...