Trey Thoelcke - Editor for 24/7 Wall St.
Lastest Stories by Trey Thoelcke
ThinkstockSuperValu Inc. (NYSE: SVU) was up nearly 20% last week, largely on buyout speculation. Buyout firm Cerberus Capital Management is the likely frontrunner to take over the third-largest U.S....
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ThinkstockConcern about the Japanese economy has increased as the Bank of Japan extended its bond-buying program. The central bank increased its commitment by $138 billion. The entire effort is...
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ThinkstockSpain slipped further into recession, which means that its need for aid has accelerated. Its gross domestic product for the third quarter dropped 0.3%, on top of a drop of 0.4% in the...
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ThinkstockUBS A.G. (NYSE: UBS) has made it official. It will cut 10,000 jobs, primarily in its fixed-income operations. The financial firm said the move will save it $3.6 billion over the next three...
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Wikimedia CommonsSome companies reportedly have decided to delay their earnings reports as Hurricane Sandy heads for the East Coast and the major U.S. markets are close today, and possibly Tuesday....
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The effects of Hurricane Sandy already have been felt on Wall St. as the major exchanges have elected to close today, and perhaps tomorrow. Much less certain is the damage the storm may do to the...
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thinkstockEurope’s economic problems will be pushed off of the front pages, at least while the East Coast braces for Hurricane Sandy and its aftermath. But the bailout of Greece is in real trouble....
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Now that Microsoft Corp. (NASDAQ: MSFT) has released Windows 8, the guessing games have begun. First is whether mixed reviews of the product will slow its adoption. The pricing of Windows may offset...
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MPLX L.P. (NYSE: MPLX), a subsidiary of Marathon Petroleum Corp. (NYSE: MPC), began trading today. The company had priced its initial public offering of 17,300,000 common units at $22 a piece....
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Oshkosh Corp. (NYSE: OSK) this morning reported higher fourth-quarter profit and reaffirmed its 2013 outlook. The Wisconsin-based truck maker posted adjusted earnings per share (EPS) of $0.65 on...
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Merck & Co. (NYSE: MRK) this morning reported better-than-expected third-quarter earnings, but the loss of market exclusivity for its Singulair in the United States and the impact of foreign...
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flickr / gsfcHurricane Sandy continues to move toward the East Coast, where it may combine with a front from the west, and has generated all sort of hyperbole. Hopefully, most of it is not true. The...
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courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) already has run short of iPad minis. Advanced orders apparently wiped out inventory. According to CNET: Four minutes into the day, Apple started...
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With the shuttering of Newsweek’s print edition, the attention of the media world has turned to other magazines with such severe print problems that they also will have to move entirely online....
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It appears that customer service via Facebook Inc. (NASDAQ: FB) or Twitter may be the wave of the future. A new study from social media research firm NM Incite indicates that nearly half (47%) of...
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