Exactly why is GM stock going up today (Thursday) after falling more than 23% in 2014?
Several airlines report earnings Thursday, including American Airlines, United Continental Holdings, Southwest Airlines, Alaska Air Group, and JetBlue Airways.
Today's hot stocks to watch also include a couple of tech heavyweights, a key automaker, a pair of drug giants, and more.
I love corporate spin-offs – and you should, too.
With spin-offs, companies unlock hidden values in their operations and pass them on to shareholders – offering low risks and high probabilities of market-beating profits.
And the past month or so has produced a bonanza.
First, eBay Inc. said it is spinning off its very successful PayPal digital payments firm. Then, Hewlett-Packard Co. announced that it plans to divide itself in half.
And most recently, security software maker Symantec Corp. joined in and said it's splitting in two.
Overall, spin-offs are estimated to be worth $1.6 trillion so far this year.
The world's first Bitcoin IPO is on track to launch on the Australian Stock Exchange (ASX) in early December, paving the way for more Bitcoin stocks to go public in over the next few years.
The company is Melbourne-based Bitcoin Group. Right now Bitcoin Group runs a cryptocurrency arbitrage fund, but is planning to expand into Bitcoin mining if the IPO succeeds.
Big bank earnings kicked off last week with mixed results.
The good news: The wave of huge legal settlements resulting from the transgressions leading up to he financial crisis looks to be finally ebbing.
McDonald's Corp. (NYSE: MCD) stock was down 2% this morning (Tuesday) from yesterday's close after the company reported slipping earnings, revenue, and income in the third quarter.
MCD reported earnings per share (EPS) of $1.09 for the quarter. That missed analysts' estimates of $1.37. Last year, McDonald's had EPS of $1.52 in the third quarter.
Earnings are again in focus this week as a number of key industry players post Q3 results. Q3 estimates have come down slightly in recent weeks. Still, the U.S. economic backdrop remains solid, as reflected in robust Q3 manufacturing output data and recent job growth.
Monday's hot stocks to watch include a leading smartphone maker, a tech titan, and a boutique burrito chain.
Investors are taught that bear markets can't occur unless the Treasury yield curve inverts – that is, unless short-term interest rates are higher than long-term interest rates.
And that can only happen if the Federal Reserve raises the Federal Funds rate, which is the short-term rate that the Fed controls.
With a lot of variables in play during this earnings season, it's time to separate out the components.
The long overdue stock market correction continued this week as a European growth scare was compounded by fears about the potential spread of Ebola to send the markets lower.
A strong rally on Friday allowed the major stock market indices to stabilize for the moment and show relatively minor damage on the week, but many hedge funds suffered larger losses after being forced (or forcing themselves) into realizing losses as the markets reached a selling climax on Wednesday, October 15.
That day, the Dow Jones Industrial Average traded down 470 points at its low before recovering to close down only 173.45 points.
Google knows the healthcare sector is one of the fastest-growing markets today. Healthcare is a $2.8 trillion-a-year industry in the United States alone. But Google is not just in it for the money.