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Tiffany Raises Outlook, Looks to Post All-Time High 27 Aug 2013 | 04:40 pm
Tiffany & Co. (NYSE: TIF) reported second-quarter results before markets opened Tuesday morning. The luxury goods company posted diluted earnings per share (EPS) of $0.83 on revenues of $926...
U.S. Auto Quality Crushed Again as Trend Toward Imports Returns 27 Aug 2013 | 03:30 pm
After many years of quality improvement, according to most industry research, U.S. car companies apparently have fallen back into old habits. New data from the American Customer Satisfaction Index...
Starbucks Must Start Selling Pizza 27 Aug 2013 | 03:22 pm
The arms war among the fast-food chains escalated as McDonald’s Corp. (NYSE: MCD) confirmed that it would begin to sell chicken wings nationwide next month. Dubbed “Mighty Wings,”...
The 10 Fastest-Growing Jobs in America 27 Aug 2013 | 03:22 pm
Over the past 10 years, the number of nonfarm workers rose by just 5%. But despite past decade’s painful recession and the slow job growth that has followed, several occupations have more than...
Syria, a Country Without Oil, Pushes Oil Prices Up 27 Aug 2013 | 03:21 pm
Syria’s oil reserves rank 35th in the world. However, the anxiety index among oil traders ignores that, almost certainly because of worry that the conflict in Syria will spill over to its...
Business Confidence In Germany Hits Highest Level In Almost Two Years 27 Aug 2013 | 02:06 pm
Germans, buoyed by an improving economy in Europe, and likely a modest recovery of the U.S. economy, has become spectacularly confident about business prospects. According to official statistics...
Ackman Dumps Entire 17.7% Share of J.C. Penney 27 Aug 2013 | 01:31 am
William Ackman too a huge stake in J.C. Penney (NYSE: JCP) in the belief that its shares would soars on the basis of a turnaround. He helped bring in Ron Johnson from Apple (NASDAQ: AAPL) to become...
Bill Ackman Selling Out of J.C. Penney Stake Entirely 27 Aug 2013 | 01:23 am
J. C. Penney Company, Inc. (NYSE: JCP) has been a real pain in the backside of activist investor Pershing Square and other value and turnaround investors. This is Bill Ackman’s fund and we had...
Monday Closing Bell: Markets Plunge on Kerry’s Remarks 27 Aug 2013 | 01:10 am
August 26, 2013: U.S. markets opened slightly higher this morning, held in check by limited data releases in Europe and Asia, and a decidedly downbeat report on U.S. durable goods orders. The markets....
Tyson Downgrade Brings Choked Chicken Margin Fears 27 Aug 2013 | 01:06 am
It is not that frequent that an analyst downgrade sparks a 7% drop in a stock. That is why we are focusing on this big analyst downgrade in Tyson Foods, Inc. (NYSE: TSN). BofA Merrill Lynch...
