Trey Thoelcke - Editor for 24/7 Wall St.
Lastest Stories by Trey Thoelcke
ThinkstockEurope has dropped into recession, or nearly so. Eurostat reported that third-quarter gross domestic product in the euro-area fell 0.1%, compared with the second quarter. Among the EU27,...
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courtesy of XeroxTwo old tech companies, both in trouble, have announced layoffs. Their actions might be attributed to a bad economy or to the fiscal cliff. But making that assumption would be a...
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ThinkstockThe Wall Street Journal and Reuters have published accounts of a settlement between the Justice Department and BP PLC (NYSE: BP) over the Deepwater Horizon catastrophe. BP has already spent...
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courtesy of SamsungResearch firm Gartner says that worldwide sales of mobile phones to end users declined 3.1% year-over-year to nearly 428 million units in the third quarter of 2012. However,...
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thinkstockShares of Abercrombie & Fitch Co. (NYSE: ANF) surged this morning on much better-than-expected earnings results for the fiscal third quarter. The specialty retailer of casual apparel...
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ThinkstockThe federal budget deficit rose 22% in October to $120 billion, compared to the same period last year. Most analysts believe that the figure makes it almost certain that the annual deficit...
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ThinkstockGovernments have been using Google Inc.’s (NASDAQ: GOOG) flagship product to spy on people. A nicer way to put that, rather than “spying,” is “government requests” that Google...
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ThinkstockDropbox, the online storage company that many people think will file for an initial public offering, has hit a member milestone. It has 100 million users. The firm describes itself as “a...
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thinkstockTJX Companies Inc. (NYSE: TJX) this morning reported solid fiscal third-quarter results and boosted its guidance. The Framingham, Mass.-based off-price retailer posted adjusted earnings per...
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thinkstockSaks Inc. (NYSE: SKS) this morning shared in-line earnings results for the third quarter but warned that fourth-quarter results would take a hit due to Hurricane Sandy. The New York-based...
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ThinkstockGermany’s economic fortunes have begun to crumble, as so many experts had feared. There was very modest hope that the European Union’s largest nation by gross domestic product might...
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courtesy of MicrosoftFor reasons that no one understands so far, and may never be clear, the head of Microsoft Corp.’s (NASDAQ: MSFT) Windows division, the company’s flagship, left suddenly...
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thinkstockThe most important story out of Europe today is that Greece has been given an extension to reach its austerity and budget goals. The region’s finance ministers did not have any options....
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courtesy of TargetTarget Corp. (NYSE: TGT) has announced plans to open its stores for Black Friday sales at 9 p.m. on Thanksgiving, Nov. 22, in an effort to offer extended hours during the holiday...
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ThinkstockWe have tracked the key short interest changes in the following biotech and emerging pharma companies: Alexion Pharmaceuticals Inc. (NASDAQ: ALXN), Amgen Inc. (NASDAQ: AMGN), Arena...
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