Prices surge faster than they have in 17 years. What's a Fed chief to do?
Results 1 - 10 of 164 for "TMA"
24/7 Wall St. Most Overpaid CEO Of The Day: Power Medical (PMII) CEO Michael Whitman
Thu, Aug 14, 6:30 AM ET
Power Medical Interventions (PMII) CEO Micheal Whitman is being paid an extraordinary base salary of $385,000 this year, according to the company proxy. In the meantime, his company is posting remarkably poor numbers. Initial indications are that PMII's shares could open down 40% today. The stock has already dropped from a 52-week high of $14.64 to $5.Sales in the three months ended June 30, 20...
Americans drove 12.2 billion miles less in June than they did in the same month a year ago. That is a drop of almost 5%. The fall-off in activity is likely to help gas prices move down, but it is also sure to undermine any recovery in the retail, auto, fast food, or hospitality industries.The fresh argument is that driving less will bring gas prices back toward $3. But, oil is rising again, get...
Filed under: Forecasts, Market matters, Economic data, Oil, Federal Reserve, RecessionThere was a double play in economic reports this morning, and the news was not good. CPI and Initial Jobless Claims both came in higher than expected. Equity futures turned negative across the board after the news was released. CPI was expected to come in at 0.4% but came in at 0.8% for July. This was still le...
Filed under: Industry, Market matters, McDonald's (MCD), Walgreen Co (WAG), Best Buy (BBY), Circuit City Stores (CC), CVS Corp (CVS), Darden Restaurants (DRI), Yum Brands (YUM), U.S. Steel (X), Stocks to Buy, Rite Aid Corp (RAD), Cramer on BloggingStocksTheStreet.com's Jim Cramer says that as consumers try to stretch their dining dollar, Darden, Yum! and McDonald's will benefit. We all know we ...
Before the bell: Futures higher after WMT, ahead of CPI; (AAPL, INTC, MER, GM ...)
Thu, Aug 14, 3:11 AM ET
Filed under: Before the bell, Earnings reports, Analyst reports, Analyst upgrades and downgrades, Google (GOOG), Apple Inc (AAPL), Wal-Mart (WMT), Intel (INTC), General Motors (GM), Market matters, Merrill Lynch (MER), Amgen Inc (AMGN), Economic data, OilStock futures were higher Thursday morning, as bulls tried to answer to two bear days. Wal-Mart reported this morning, beating estimates and b...
If you recently got disgusted and vowed never to look at a chart of Apple inc (AAPL) again, you missed a major move and locked yourself out of a valuable lesson. Let’s take a look at what’s happened since Apple’s ‘disgusting’ price action after their earnings report and where we stand now. Apple Daily (AAPL): After Apple’s late July earnings debacle (amazing...
Trading began yesterday on a when-issued basis on the four IAC/Interactive (IACI) spin-off companies, as well as the new post reverse-split, post-spin shares of IAC. With relatively thin dealings, volatility in the shares is high. In a research note this morning, Lehman analyst Douglas Anmuth asserts that most of the pieces are trading significantly below their fair value: HSN (HSNIV) today is ...
A rundown of the major Web sites.
Closing Bell: Dow has another triple-digit down day; NVDA gains, GM declines
Wed, Aug 13, 11:22 AM ET
Filed under: After the bell, Major movement, Earnings reports, Deals, Google (GOOG), General Motors (GM), Market matters, Genentech Inc (DNA)Today was another very volatile day with stocks posting triple-digit DJIA losses. Shares opened and traded lower, then recovered sharply before falling back down at the end of the day. Oil and commodities rose. Oil was up over $3.00 to over the $116 a barr...