Serendeputy - your personal news assistant.

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NEW YORK ( TheStreet) -- Investors may be too wrapped up in the oscillating U.S. stock market and the selloff in China to notice Puerto Rico's troubles, but the commonwealth's problems are worsening. George Schultze, CEO of Schultze Asset Management,...
From: TheStreet | By: Gregg Greenberg | Wednesday, August 26, 2015
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NEW YORK (MainStreet) — If Parade Magazine fell out of your Sunday paper—you know Parade, that 16-page shell-of-its-former-glory that makes grocery store circulars look like War and Peace—you would have seen “Millennials vs. Boomers,” a cover...
From: TheStreet | By: William Richards | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Since 2014, the price of a barrel of oil has lost almost half of its value and is now trading at around $40. That affects not only the oil industry itself, but also other businesses, such as green energy companies. So what industries...
From: TheStreet | By: Ari Zoldan | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- First Solar  has been in the relatively young solar energy business since 1999. The stock has traded between a $39 low and $74 high over the past 52 weeks. That uber range should instantly be your caveat emptor if you do not...
From: TheStreet | By: Skip Raschke | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- What looked like a nice rally after days of relentless selling turned into more pain for the bulls. From its highs, the S&P 500 dropped 4%, closing down 1.35%. The index is now down 10.9% over the last five days.  "This...
From: TheStreet | By: Bret Kenwell | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Turtle Beach Corp.  were gaining 7.4% to $2.37 on heavy trading volume Wednesday after the sound card and headset maker announced a new partnership with Dutch wholesaler Battery Benelux. Battery Benelux will help distribute...
From: TheStreet | By: Shawn Ingram | Wednesday, August 26, 2015
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NEW YORK (MainStreet) — More than one-quarter of all Americans have no emergency savings. Only slightly more than half have more emergency savings than credit card debt. What's more, even if you have emergency savings, there's a good chance that you're...
From: TheStreet | By: Nicholas Pell | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Forward Industries were gaining 34.4% to $1.72 on heavy trading volume Wednesday, continuing gains from Tuesday when the mobile device cases maker signed an extension with Bayer Healthcare . About 8.8 million shares...
From: TheStreet | By: Shawn Ingram | Wednesday, August 26, 2015
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NEW YORK (MainStreet) —Americans are still woefully lacking in their retirement savings with only 19% who are saving more this year compared to last year. One in ten working Americans did not contribute to their retirement this year or even last...
From: TheStreet | By: Ellen Chang | Wednesday, August 26, 2015
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NEW YORK (The Street) -- The global volatility of stock markets has rattled tech investors just like everyone else. But what does this really mean when both the NASDAQ and the S&P 500 reached near historical highs, during what's been a bull market...
From: TheStreet | By: Marguerite Arnold | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Ciena Corporation  closed up by 9.49% at $22.33 on Wednesday, following a rating upgrade to "outperform" from "market perform" at Raymond James. Raymond James maintained its $27 price target on the stock. Ciena is...
From: TheStreet | By: Alexandra Svokos | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Ulta Salon Cosmetics & Fragrance   is scheduled to report its financial results for the second quarter of 2015 after the market close on Thursday. Analysts are expecting the Illinois-based beauty retailer to report a...
From: TheStreet | By: Rachel Graf | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Guess were falling 7.32% to $19.74 after-hours Wednesday after the clothing brand guided below estimates for the fiscal third quarter. Looking to the third quarter, Guess said it expects earnings of 8 cents to 12 cents...
From: TheStreet | By: Shawn Ingram | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- J.M. Smucker is scheduled to announce its earnings results for the first quarter of fiscal 2016 before the market open on Thursday. Analysts are anticipating a year-over-year decrease in earnings per share, but a significant...
From: TheStreet | By: Amanda Gomez | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Aeropostale  stock closed down 10.94% to $1.14 on Wednesday, ahead of the release of company's 2015 second quarter earnings results, due out after the market close on Thursday. Analysts are expecting the company to post a loss...
From: TheStreet | By: Rachel Graf | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Cameron International stock closed up 41.3% to $60.01 on heavy trading volume after the company agreed to be acquired earlier today by Schlumberger in a deal valued at $14.8 billion. Schlumberger stock, however, closed down 3.35%...
From: TheStreet | By: Amanda Gomez | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Tiffany & Co. is scheduled to release its 2015 second quarter earnings results before the market open on Thursday morning. Analysts are expecting the luxury jewelry maker to report a year over year decline in earnings per...
From: TheStreet | By: Amanda Schiavo | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- PACCAR Inc. stock was upgraded to "overweight" from a "neutral"at Piper Jaffray this morning. The firm also raised its price target to $68 from $65 on the stock. Shares fell from $62.48 on August 19 to $55.90 on August 25....
From: TheStreet | By: Alexandra Svokos | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Verizon were gaining 3.6% to $45.07 on heavy trading volume Wednesday after the company telecommunications company announced the available of 'hum', its aftermarket vehicle technology and subscription service. The new...
From: TheStreet | By: Shawn Ingram | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Freeport-McMoRan   are sliding by 3.09% to $7.99 in afternoon trading on Wednesday, as copper prices fall on concerns about China's economic well-being. Copper for September delivery is down by 2.81% to $2.25 per...
From: TheStreet | By: Rachel Graf | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Petrobras shares are up 1.1% to $5.03 in afternoon trading on Wednesday after the Brazilian oil company announced that it intends to offer $833 million in debentures to finance its latest business plan. The company is making...
From: TheStreet | By: Tony Owusu | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Is this the end of the bull market or merely a correction? The question was poised to CNBC's "Fast Money Halftime" traders after stocks plunged 10% over the past week. "I strongly believe this is just a correction," Jim Lebenthal...
From: TheStreet | By: Bret Kenwell | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Petrobras shares are up 1.37% to $4.45 in afternoon trading on Wednesday after the Brazilian oil company announced that it intends to offer $833 million in debentures to finance its latest business plan. The company is making...
From: TheStreet | By: Tony Owusu | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Facebook were gaining 2.9% to $85.38 on Wednesday after the social network debuted its virtual personal assistant. The new virtual assistant, called M, went live today for some Facebook users in the San Francisco Bay...
From: TheStreet | By: Shawn Ingram | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Discovery Networks and Scripps are trading at historic lows, inviting interest from investors looking for bargains amid a volatile market. Discovery is trading at a price-to-earnings ratio of just under 15, its lowest valuation...
From: TheStreet | By: Tobias Burns | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Taking my technical hat off, I believe in the years ahead that we could see a perfect storm in food prices brought on by a continually expanding world population (and a rising middle class that wants to move from rice and tofu...
From: TheStreet | By: Bruce Kamich | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Chinese stocks sold off again Wednesday with the Shanghai Composite closing down 1.3% at 2,926.3. Even as the People's Bank of China lowered interest rates by 25 basis points and the reserve requirement ratio for most big banks...
From: TheStreet | By: Bruce Kamich | Wednesday, August 26, 2015
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NEW YORK ( TheStreet) --  Amid the storm of volatility washing over the markets, TheStreet's Jim Cramer sees opportunities in solid  dividend stocks like General Electric and Verizon Communications . "GE's dividend yields 4%, Verizon's yields 5% --...
From: TheStreet | By: Rhonda Schaffler and Jim Cramer | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Oasis Petroleum stock is up 2.35% to $8.26 in afternoon trading after U.S. data showed a decline in U.S. crude inventories, which was not enough to raise U.S. oil prices. WTI crude is down 0.41% to $39.15 per barrel, while Brent...
From: TheStreet | By: Amanda Gomez | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Analysts at RBC Capital upped their price target on Netflix stock to $140 from $125 on Wednesday morning, while maintaining their "outperform" rating on the video streaming service. The firm said it raised its target on Netflix...
From: TheStreet | By: Amanda Schiavo | Wednesday, August 26, 2015
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LOS ANGELES (TheStreet) -- Disney's $5.5 billion bet that the Shanghai Disney Resort will help relieve mounting pressure on its television businesses has put investors on edge as Chinese equity markets continue to fall. Yet concerns that slowing...
From: TheStreet | By: Eric Kelsey | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Analysts at Canaccord Genuity lowered their price target on DSW  stock to $37 from $46 this morning, while maintaining their "buy" rating. Yesterday, DSW reported earnings results for the 2015 second quarter of 42 cents per...
From: TheStreet | By: Alexandra Svokos | Wednesday, August 26, 2015
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NEW YORK (The Deal) -- The District of Columbia Public Service Commission Tuesday rejected the proposed $6.8 billion acquisition of Pepco Holdings  by Exelon . The three-member commission unanimously voted against the transaction, stating that it...
From: TheStreet | By: William McConnell | Tuesday, August 25, 2015
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NEW YORK (TheStreet) -- Silver Wheaton  stock is dipping 3.35% to $11.55 in late morning trading on Wednesday, as silver and gold prices fall on renewed talk of a Fed interest rate hike. on Tuesday, China attempted to boost its economy with cuts...
From: TheStreet | By: Rachel Graf | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Toll Brothers shares are up 0.26% to $35.17 in morning trading on Wednesday, continuing to climb following the release of the company's third quarter earnings results yesterday. The company reported net income of $66.7 million,...
From: TheStreet | By: Tony Owusu | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- SouFun  stock is decreasing by 5.50% to $5.50 in midday trading on Wednesday, as some China-based U.S. traded stocks fall due to the country's economic troubles. China's economy has been reeling ever since the country unexpectedly...
From: TheStreet | By: Rachel Graf | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Newmont Mining are lower by 1.55% to $15.93 in late morning trading on Wednesday, as mining and related stocks tumble today due to the decline in the price of gold. Prices are taking a hit from a stronger dollar and...
From: TheStreet | By: Amanda Schiavo | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Microsoft shares are up 2.4% to $41.44 in late-morning trading on Wednesday after the company announced that its new Windows 10 operating system was installed on more than 75 million devices less than a month after it was launched....
From: TheStreet | By: Tony Owusu | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Cameron International stock is climbing by 41.25% to $59.99 on heavy trading volume on Wednesday morning, after the company agreed to be acquired by Schlumberger in a transaction valued at $14.8 billion. Schlumberger stock is...
From: TheStreet | By: Amanda Gomez | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Qualcomm stock is increasing by 2.28% to $55.11 on Wednesday morning, after the company agreed to sell its UK L-Band spectrum to Hutchinson 3G UK and Vodafone UK in two separate transactions. The terms of the deals were not disclosed....
From: TheStreet | By: Amanda Gomez | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of Barrick Gold are down by 4.58% to $6.67 in mid-morning trading on Wednesday, as the price of gold trades in the red for a second consecutive day. The price of the precious metal is taking a hit from a stronger dollar...
From: TheStreet | By: Amanda Schiavo | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Amazon.com stock was upgraded to "buy" from "hold" by Evercore ISI on valuation this morning. The price target remains unchanged at $585, according to Smarter Analyst. Shares of Amazon.com fell about 12% since it released its...
From: TheStreet | By: Alexandra Svokos | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Brown Forman    stock is falling 1.02% to $97.22 in early morning trading on Wednesday, after the company reported its financial results for the fiscal 2016 first quarter. Brown Forman posted earnings of 75 cents per share...
From: TheStreet | By: Rachel Graf | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Seadrill shares are up 2.05% to $6.47 in early market trading ahead of the release of the offshore drilling contractor services provider's second quarter earnings release tomorrow before the market opens. The Bermuda-based company...
From: TheStreet | By: Tony Owusu | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- China is still trying to figure out how to be a member of the market community.  The slow down in economic growth, the stock market collapse, the devaluation of the yuan, and all the turmoil that surrounds these and other events...
From: TheStreet | By: John Mason | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Taiwan Semiconductor shares are up 1.92% to $19.12 in afternoon trading on Tuesday after the chipmaker and Apple supplier announced that it is exiting its solar operations. The company will shutter its solar operations by the...
From: TheStreet | By: Tony Owusu | Tuesday, August 25, 2015
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NEW YORK (TheStreet) -- VMware shares are down 2.93% to $78.84 in early market trading on Wednesday following reports that the company's downstream merger bid for majority owner EMC is being given a second look by the company's board, according to Re/code....
From: TheStreet | By: Tony Owusu | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- EMC shares are up 5.51% to $23.92 in early market trading on Wednesday following reports that the company's board is considering being taken over by VMware , a software company of which EMC is a majority owner, according to Re/code....
From: TheStreet | By: Tony Owusu | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- As both a mortgage banker and an active investor in the stock market, I'm quite familiar with the often-asked question: Which is a better investment, stocks or real estate? The short answer is a home. Scholars of finance may say...
From: TheStreet | By: Damian Maldonado | Wednesday, August 26, 2015
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NEW YORK (TheStreet) -- Shares of GrubHub  were downgraded to "equal weight" from "overweight" at Barclays this morning. The price target was lowered to $32 from $42, according to Market Beat. The firm made the downgrade due to a general heightened...
From: TheStreet | By: Alexandra Svokos | Wednesday, August 26, 2015
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