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Weiss Ratings upgraded the safety ratings of 138 property and casualty insurers and downgraded 12, based on first quarter 2016 results. The small number of downgrades and a handful of upgrades...
[Image: James Duncan Davidson used under license CC by 2.0] Last week was a big week for the internet giant Amazon (AMZN). First, the company reached a milestone on Monday by exceeding Berkshire...
The preliminary offer by Mondelez International Inc. (MDLZ) to take over Hershey Co. (HSY) wasn’t sweet enough, and the creation of the world’s largest candy company will have to wait, or not...
Apple is about to become much less significant in the consumer electronics business. The notion that Apple (AAPL) is in decline is not even controversial anymore. Many longtime Apple...
Global markets were taken by surprise on Friday when the votes were counted in the U.K., as it became clear that Britain was going to leave the European Union (EU) after more than 40 years. Many,...
Surely you remember Intel. It is still the largest U.S. semiconductor maker, but has curiously faded from prominence. It was once at the top of the heap, riding the wave of desktop computer...
The latest data released by the U.S. Department of Commerce showed a 16.6 percent increase in new home sales and a 3.6 percent increase in new residential construction permits for the month of...
Profits are good for companies obviously, but increasing profits on a consistent basis is even better. So S&P Capital IQ, a division of McGraw Hill Financial, went to work earlier this...
The latest numbers indicate that they are. With a disappointing first quarter earnings report, Macy’s (M) stock slumped 15.2 percent last Wednesday closing the day at $31.38 per share.  The...
Hand-wringing among analysts and investors was the gesture of choice last week after Apple (AAPL) reported that it is no longer growing at record rates. I got the sense that Wall Street both...