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Housing data disappoints Perhaps constraining the Dow Jones' gain, housing data came in weaker than expected on Wednesday...Department of Commerce, housing starts in March rose 2.8% on a month-over-month basis, short of the 6.4% that economists had
The domestic thermal coal industry has been in the doldrums for several years, but there are signs of life taking shape. For example, Powder River Basin (PRB) coal prices are at their highest point since late November of 2011...Replaced U.S. thermal
More than 365 million people have diabetes worldwide and estimates suggest that the number of diabetics will grow to more than half a billion people around the globe by 2030. As a result, the market for new, innovative therapies that improve how
This is a big deal since the company Michael Kors is only 33 years old, while Louis Vuitton has been around since 1854, and Kering SA since 1963. While these classic, French luxury brands are still cherished by many Europeans and seen as status
Because Block was deemed a savings-and-loan holding company by the passage of the Frank-Dodd Act of 2010, it came under strict Federal Reserve oversight and was required to hold significantly higher levels of capital than previously mandated.
Officials with the Cosi sandwich chain say the suburban Chicago company is relocating its headquarters to Boston. Crain's Chicago Business reports (http://bit.ly/1eJyXUu ) the Deerfield-based restaurant company announced its move Wednesday during a
As General Motors sets about the mammoth task of fixing 2.6 million vehicles that it recalled, investors fear sales will decline, as historically vehicle recalls have led to drops in unit sales...The largest automaker in the US has been hit with a
Thanks to the disruptive technologies that have become part of every organization social, mobile, analytics and cloud the march to digital is happening faster than anyone had ever anticipated. But still, organizations don't become digital enterprises
if the index performs similarly for the rest of the year, it would be weaker than 77 other years of the Dow's history stretching all the way back to 1896 . On the other hand, it would be a better performance than 40 other years.
However, ConEd and other utilities should fear an increase in interest rates and bond yields , which will provide an attractive alternative to dividend stocks for investors who are already worried that utilities may be in for periods of difficulty as