Rafi Farber - Author for 24/7 Wall St.
Lastest Stories by Rafi Farber
It is not just Xerox that is struggling these days in business support services. In fact, its competitors are not doing any better. Something is wrong with the whole industry.
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It is no coincidence that Puerto Rico publicly admitted its debts could not be repaid at the same time that Greece technically defaults to the International Monetary Fund.
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There are still better ways to spend $666 than buying one share of a nosebleed stock with no dividend and a history of collapse on singular mistakes.
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If you missed the biotech run and want to try to catch the train this late in the game, it would be wise not to use the new Proshares leveraged biotech ETFs.
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Beyond the short-term headlines of BlackBerry missing estimates, what can we get from its earnings statement regarding its possible future?
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Stuck in the midst of the downturn in transports are the major airline stocks. Southwest Airlines took a hit Thursday morning after Barclays.
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The sharp drop in FedEx shares betrays more about current market weakness than it does about FedEx in particular, or even delivery services in general.
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By revenue, earnings and market cap, Phillip Morris is bigger than Altria. And since the last major bear market bottom in 2009, its shares have generally outperformed Altria.
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Three factors are coming to a head all at the same time now, could have a particularly negative effect on two specific Dow stocks.
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Despite having the largest streaming music user base by far, Pandora just cannot seem to break even.
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What Groupon should do is hire someone who knows how to organize the books correctly and to stay away from shady deals in China.
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From the market leaders to the market laggards, telecoms seem to either be spending more and more to make less and less, or in the worst case, just losing money year after year after year.
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