6 Early Radar Stocks: Green Mountain Drops 14%, Bank of America Sidesteps...
Shares of Texas Instruments Inc. (NYSE:TXN) dropped 1.2 percent in early trading. Late Thursday, the company reduced its quarterly guidance for the fifth consecutive time. It now expects revenue...
View Article6 States Hit the Hardest By Government Shutdown
The government shutdown was hard on the economy as a whole, but some states took a bigger hit from Congress’s spending bill and debt ceiling standoff over Obamacare. According to Stateline, a study...
View ArticleSeptember’s Wholesale Trade Numbers Don’t Bode Well for Q4
Data released by the Department of Commerce on Thursday showed that wholesale inventories rose 0.4 percent in September. The month’s increase in inventories, which fell in line with analyst...
View ArticleEIA Petroleum Report: Oil Inventories Remain High
Source: http://www.flickr.com/photos/23165290@N00/ Crude oil imports increased for the week ending January 3 by 466,000 barrels a day to an average 8 million per day, according to the weekly petroleum...
View ArticleDespite Tough Earnings Climate, Wells Fargo Tops JPMorgan
“I think banks will be relatively optimistic on 2014,” Bernstein analyst Brad Hintz told MarketWatch ahead Tuesday’s earnings report release from JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC),...
View ArticleIBM, Executives Hurt as Sales Fall for 7th Straight Quarter
Ahead of the technology giant’s release of fourth-quarter and full-year results, analysts began questioning the quality of the earnings of International Business Machines (NYSE:IBM). After peeling...
View ArticleNokia Earnings Broach the Lumia Question
The smartphone industry has heard rumors — very tentative rumors — that partnership between Microsoft’s (NASDAQ:MSFT) Windows Phone mobile platform and Nokia’s (NYSE:NOK) Lumia handset has begun to...
View ArticleShould Time Warner Investors Fear Netflix?
“We had another very successful year in 2013,” said Time Warner (NYSE:TWX) Chair and Chief Executive Officer Jeff Bewkes proclaimed in the media company’s fourth-quarter and full-year earnings...
View ArticleConsumer Spending Breakdown: The Good, the Bad, and the Ugly
Last Friday, the Department of Commerce’s Bureau of Economic Analysis slashed its advanced estimate for fourth-quarter gross domestic product growth from the 3.2 percent pace it reported last month to...
View ArticleFourth Quarter GDP Revision Shows U.S. Economy Continues Sub-Par Recovery
Source: http://www.flickr.com/photos/robotclaw/ The United States economy expanded at a much slower annual rate in the final months of last year than initially estimated. In January, the Department of...
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