Trey Thoelcke - Editor for 24/7 Wall St.
Lastest Stories by Trey Thoelcke
The Chicago Institute for Supply Management’s Purchasing Managers Index for August cooled off to a seasonally adjusted reading of 53.0 in August, compared to the 53.7 reading in July. The August...
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Ford Motor Co. (NYSE: F) says its Focus is on track to become the best-selling car in the world this year, knocking Toyota Motor Corp.’s (NYSE: TM) Corolla from the top spot. Ford sold more than...
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Rumor has it that Sharp has fallen behind schedule on production of screens for Apple Inc.’s (NASDAQ: AAPL) latest iPhone, just weeks before a planned launch. In fact, Sharp has not started mass...
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In a double whammy for Europe, newly released data indicate that inflation is rising, while the unemployment rate remains above 11%. The eurozone’s annual rate of inflation is expected to be 2.6%...
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The chief of Germany’s powerful central bank may step down. German newspaper Bild reports that German Bundesbank President Jens Weidmann will resign. The reason given is his battle with ECB...
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The focus of the markets today will be Ben Bernanke’s speech at a banker’s conference in Jackson Hole. Investors have held their breath for days in anticipation. The waiting also has been one of...
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Twitter, which many investors consider a primary challenger to Facebook Inc. (NASDAQ: FB), will allow advertisers to target users based on their activity on the short message platform. Advertisers...
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In the three months that ended in June, the GDP growth of India languished around its lowest level in three years. The economy grew 5.5% in the quarter, government data indicated. That was just above...
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Ciena Corp. (NASDAQ: CIEN) said its net loss for the fiscal third quarter narrowed to $29.8 million, or an adjusted net loss of $0.04 cents per share, from $31.4 million in the same quarter of last...
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Consumers boosted their spending in July by a seasonally adjusted 0.4%, according to the latest Commerce Department data. That was the biggest gain in five months, as aftertax incomes continued to...
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New applications for unemployment benefits remained unchanged last week, the latest Labor Department data showed, suggesting little pickup in hiring in the United States. Initial jobless claims...
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courtesy of Pandora MediaAlthough Pandora Media (NYSE: P) reported yesterday that its net loss for the second quarter widened to $5.4 million, or $0.03 per share, compared to a loss of $1.8 million a...
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Costco Wholesale Corp. (NASDAQ: COST) reported that for August, comparable-store sales gained 6% year-over-year, and that its total sales increased 8% to $7.4 billion. Analysts polled by Thomson...
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Apple Inc. (NASDAQ: AAPL) has launched a new online service that allows potential iPhone or iPad customers to ask questions of an Apple Store specialist. “You can talk directly to a trained...
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Zale Corp. (NYSE: ZLC) jumped in premarket trading after reporting a narrower fiscal fourth-quarter loss and predicting a return to profitability in the next year. The specialty retailer said its net...
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