by Tara Clarke
Chevron (NYSE: CVX), the nation's second-largest oil company and the world's fourth-largest energy producer by market value, cut expectations for its 2017 production by 6.1% at its annual security analyst meeting today (Tuesday), citing a drop in LNG prices and an increase in oil prices.
Over the last several months, the petrochemical company, along with industry competitors, has been shelling out huge amounts of cash to raise natural gas and oil production.
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Shares of both The Men's Wearhouse Inc. (NYSE: MW) and Jos. A. Bank Clothiers Inc. (Nasdaq: JOSB) reached all-time highs today (Tuesday) following news that Men's Wearhouse will acquire Jos. A. Bank for $1.8 billion.
MW stock traded as high as $58.80 today, while JOSB stock touched $64.63.
what the deal will mean for MW stock...
by David Zeiler
It's not hard to find stocks to buy in wearable technology – one of the hottest trends in tech right now.
But finding stocks to buy that aren't already big, popular names is a bit more challenging.
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by Diane Alter
Investors remained guarded Tuesday while reflecting on Wall Street's now 5-year-old rally, soft economic data out of Asia, and mounting tensions in Ukraine.
After a quiet Monday, which saw just 6 million shares change hands (the third lowest-volume day of the year) and left all three benchmarks modestly lower, Tuesday's session was much the same.
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by Tara Clarke
Today (Tuesday), reports are amassing that über-innovative online retailer Amazon.com (Nasdaq: AMZN) is not so secretly on a hiring spree to recruit gaming industry heavyweights, fresh off its February acquisition of Double Helix Games.
We're projecting huge growth for Amazon in 2014, and the gaming push will be a big part of it – expect a gaming console to compete with the likes of Sony (NYSE: SNE), Microsoft (Nasdaq: MSFT), and Nintendo (OTCMKTS: NTDOY); original games to go with it; and a set-top box to all hit the market this year.
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While 2014 thus far has been a banner year for the IPO market, none of this year's companies crack the list of 10 biggest IPOs ever.
According to IPO investment firm Renaissance Capital, 40 companies have been priced in the United States in 2014 and have raised a total of $7.2 billion. Eight of the 10 IPOs on this list raised at least that much in a single deal.
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Stock market today, March 11, 2014: The Dow Jones Industrial Average lost 0.21%, finishing at 16,418.68. The Nasdaq lost 0.04% to end at 4,334.45. The S&P slipped 0.05%, closing at 1,877.17. Markets dipped marginally on news of China's steep drop in exports and Philadelphia Fed President Charles Plosser's speech pronouncing that February's harsh winter was responsible for the recent stunt in U.S. job growth.
Here are the five biggest stories to watch today and how they're moving markets:
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by Shah Gilani
I've written about the dangers of relying on stockbrokers before.
You see, most stockbrokers aren't traders, and they aren't analysts, but salesmen. They usher clients into financial products with little regard for their individual financial situation or the broader markets.
That doesn't make them bad people. In fact, I have friends who are stockbrokers, and they're nice people.
These friends of mine are trustworthy and try hard to make their clients money. But at the same time, I would never let any of them handle my money, not even a small portion of it.
That's why a new analysis published in yesterday's Wall Street Journal really grabbed my attention…
According to the Journal, some stockbroker misdeeds – including financial crimes and other serious felonies – aren't always disclosed to their brokerage house employers, or to the Financial Industry Regulatory Authority.
What you don't know about your brokerage business could hurt you… Full Story
by Tara Clarke
Plug Power Inc. (Nasdaq: PLUG) gained 24.67% today (Monday), and that's just a small slice of the 565.16% surge PLUG stock has seen so far in 2014.
Last week, the alternative energy company was on an absolute tear. PLUG stock logged a net gain of 77%, despite a 5.78% drop Thursday on news that Plug Power would be conducting a $22.4 million secondary offering.
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The top 10 penny stocks of 2014 have seen tremendous gains, one as high as 877%.
That's exactly why some investors are so enamored with penny stocks – they have the potential to transform portfolios in a very short period of time.
See which penny stocks are up the most this year...
