Author: Ned Douthat

Building products and installation maker Masco Corp. (MAS) reported a slight Q1 loss as US homebuilding activity remains sluggish although improved.  The company reported a narrower loss of 2 cents per share versus the 23...

Telecom network equipment maker Tellabs (TLAB) is enjoying the benefits of a solid quarterly report on Tuesday morning.  Shares surged as high as $9.16 per share, more than 11% on heavy volume, but have come off of those...

Last Thursday, CenturyTel (CTL) and Qwest (Q) announced plans for a merger that would make one of the largest operators of landlines in the country.  The deal would be a tax-free, stock swap in which each share of Qwest...

The Commerce Department released data for new home sales in March that were stronger than economists had anticipated.  Sales climbed 27% to an annual rate of 411,000, and it marked the most rapid surge since April of...

A disturbing report by the Securities and Exchange Commission’s Inspector General tells of gross misconduct at the financial services’ industry watchdog at the height of the most recent crisis.  The report tells...

Metals processing and warehousing firm Reliance Steel & Aluminum (RS) has been sent lower by about $3 or nearly 6% after first quarter results failed to live up to Wall Street’s expectations.  Net income more than...

Finnish cell phone maker, Nokia Corp. (NOK) reported first quarter results on Thursday morning that clearly missed the mark as the stock opened 15% lower on extremely heavy volume early.  The company reported net income of...

Discovery Communications (DISCA), which owns over 100 television networks in 35 languages, has soared ever higher since being added to the S&P 500 about a month and a half ago.  The stock has touched another all-time...