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Bullish Borrowing Excess: NYSE Margin Hits Record High
May 24th, 2013The New York Stock Exchange is showing something that we would be more concerned about than optimistic. Margin debt at the NYSE grew for the ninth consecutive month and hit another record high in…
Sears Poor Company Earnings Report Might Speed Up Conversion to a REIT
May 24th, 2013After last night’s dismal company earnings report, Sears Holdings Corp. (NASDAQ: SHLD) does not appear to have many options left in its efforts to turn around the sinking ship. The company spun-off…
InterOil Stock Gets Boost from Talks with Exxon
May 24th, 2013High-flying energy company InterOil Corp. (NYSE: IOC) is getting another stock price boost this morning after revealing that the company is in “exclusive” negotiations with Exxon Mobil Corp. (NYSE:…
The Most Popular Towns to Buy a Vacation Home
May 24th, 2013The economy is improving, banks are beginning to ease standards for lending, and mortgage rates are near their record lows. These factors are making it easier for Americans to wade into the real…
Dividends and Buybacks May Rekindle Buying Chip Stocks for Value Investors
May 24th, 2013Sterne Agee analyst Vijay Rakesh has given a snapshot on various semiconductor sector plays ahead. While many fundamental analysts have keyed in on fundamentals, one of Rakesh’s angles is…
More Chinese Capital Controls to Weigh on Copper Prices
May 24th, 2013Ever since the Chinese government began — or at least threatened to begin — imposing restrictions on new bank lending, the country’s businesses have had to get creative in order to get…
April Durable Goods Very Healthy on All Fronts: No Recession Here
May 24th, 2013The durable goods report for April is turning out to look incredibly durable at 3.3% for the month. Bloomberg had the consensus estimate of 1.1% and Dow Jones had the consensus at 1.3%. Even the…
Top 10 Analyst Upgrades and Downgrades: Cubist, Marvell, PG and More
May 24th, 2013Investors and traders are usually on the lookout for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall Street and from…
Abercrombie & Fitch Stock Sinks on Company Earnings, Outlook
May 24th, 2013Abercrombie & Fitch Co. (NYSE: ANF) reported first-quarter fiscal 2013 results before markets opened this morning. The specialty retailer posted a diluted earnings per share (EPS) loss of $0.09…
Softbank to Offer Federal Government a Seat on Sprint’s Board of Directors
May 24th, 2013Rather than put up more money in its bid to acquire control of Sprint Nextel Corp. (NYSE: S), Japan’s Softbank Corp. plans to offer the U.S. government the ability to approve one of the 10 members of…
