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The three major US stock indexes opened higher this morning on reports of a new bailout for Spanish banks and a 24-basis point drop on 10-year Spanish bond yields (our coverage here). The dollar...
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Stocks are mixed today, with the Dow Jones Industrial Average is up 0.11%, the Nasdaq down 0.43% and the S&P 500 down 0.18% as of late morning. The big trading occurs on the losing side though....
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut...
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Intel (NASDAQ: INTC) invests in next-generation chip company ASML (NASDAQ: ASML). (Reuters) The Federal Reserve Bank of New York may have known in 2007 that the way Libor was set was incorrect....
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Patriot Coal’s (NYSE: PCX) share price dropped by 95% from its 52-week high recently and then gyrated wildly on worry that the company could continue as a going concern. The riddle about Patriot...
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Patriot Coal Corporation (NYSE: PCX) was halted on a major downside move. Bloomberg has reported that a bankruptcy filing is said to be coming as soon as today. The headlines on the DJ broad...
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The three major US stock indexes opened lower this morning even though China’s central bank lowered interest rates (our coverage here), the Bank of England boosted its asset purchase program and...
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Coal miner Patriot Coal Corp. (NYSE: PCX) continues to skyrocket again today, taking up where it left off on Tuesday when the shares gained more than 32%. The stock is up another 35% today. The...
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The day after the holiday, the market is down after China and the European Central Bank cut interest rates and the Bank of England expanded its quantitative easing. The Dow Jones Industrial...
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The three major US stock indexes opened roughly flat this morning as European markets traded in advance of an expected cut in interest rates by the European Central Bank later this week. Asian...
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Shares of Patriot Coal Corp. (NYSE: PCX) are up nearly 30% today and other coal companies are tagging along. James River Coal Co. (NASDAQ: JRCC) is up almost 9.5%, Arch Coal Inc. (NYSE: ACI) is up...
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In the abbrevated trading day just before July 4, the overall stock market is up slightly. The Dow Jones Industrial Average is up 0.2%, the Nasdaq is up 0.45% and the S&P 500 is up 0.36%. Today,...
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An appeals court in the District of Columbia has ruled that the US Environmental Protection Agency was “unambiguously correct” in taking steps to set limits on greenhouse gas emissions. The...
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The three major US stock indexes opened higher this morning as markets treated the Moody’s downgrade of 15 major banks as old news that was already baked into share prices (our coverage here and...
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Standard & Poor’s Indices, a division of the McGraw-Hill Companies (NYSE: MHP), has announced changes to two stock indexes that are scheduled to occur next week. Patriot Coal Corp. (NYSE: PCX)...
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