Freddie Mac (FRE) announced today that it would no longer purchase or securitize interest only loans, in a move that just makes you wonder, what took so long? The government sponsored entity is the second largest purchaser...
Read MoreShares of Weight Watchers International (WTW) are trading down more than 13% just after the open on Friday morning because the company’s outlook for the year ahead disappointed Wall Street. The weight-management...
Read MoreThe $300 pair of jeans is alive and well according to the fourth quarter results of True Religion Apparel (TRLG). Quarterly earnings came in $.59 per share which was four cents better than Wall Street expected. The...
Read MoreLast April, PepsiCo (PEP) announced that it would purchase two bottling operations and gain absolute control over 80% of their North American bottling operations. Speculation swirled as to how Coca-Cola (KO) would respond,...
Read MoreStocks climbed back to nearly even for the week after the close of Wednesday’s trading, as the stock market continues to be inundated with some heavily bearish sentiment indicators. Recently, it seems there are a...
Read MoreThe merger between North America’s largest concert promoter, Live Nation (LYV), and the largest ticket seller, Ticketmaster (TKTM), has drawn the ire of consumer advocate groups in the United States and abroad. The...
Read MoreH&R Block (HRB) announced today that its tax preparation business is hemorrhaging clients as do-it-yourself products grab an ever larger slice of the market. Last week, we wrote a blog about the recent success of...
Read MoreBanking industry regulator Federal Deposit Insurance Corp. released a new tally of at-risk banks which places the total at 702 banks, or nearly one in every eleven FDIC-insured banks. The banks on the list for the fourth...
Read MoreMacy’s Inc. (M), which operates both Macy’s and Bloomingdale’s department stores, reported fourth quarter profits of $1.40 per share when excluding one-time items. The results were slightly ahead of...
Read MoreMaker of data center networking equipment Brocade Communications Systems (BRCD) is enduring a very strong sell off on Tuesday. Following their first quarter earnings report, BRCD is trading down more than 20% on huge...
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