Recent Articles
Is a Bigger Trade Gap All Bad News?
The gap between U.S. exports and imports grew more than expected in May, to $42.27 billion, up 4.8% from the revised April gap of $40.29 billion. That's the highest trade deficit in 18 months, and represents higher levels of imports from China.
Playboy’s Founder Hefner Wants the Company Back
Playboy Enterprises Inc. (PLA) said Hugh Hefner plans to purchase all outstanding stock for a cash price of $5.50 a share. Playboy stock was trading around $4 last week.
Will Exxon Buy BP?
A British tabloid has reported Exxon Mobil Corp. (XOM) has received permission to make a bid worth about $150 billion for crude oil stock BP plc (BP).
Buffett Stock BYD Sees Sales Slump After Tesla (TSLA) IPO
After the 2010 IPO of electric car stock Tesla (TSLA), China battery maker BYD Co. (BYDDF) is seeing slumping sales. This is bad news for Warren Buffett, a big investor in BYD stock.
Goldman Sachs (GS) Stock Upgraded by JP Morgan
After weeks of downgrades following charges of civil fraud, Goldman Sachs Group Inc. (GS) stock was upgraded by JP Morgan Chase with a price target on the stock of $175/share.
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