Market News

On 1/13/14, FelCor Lodging Trust, Inc.'s 8% Series C Cumulative Redeemable Preferred Stock (NYSE: FCH.PRC) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/31/14. As a percentage of FCH.PRC's rec...

Though Intel expects its 2013 revenue to be flat, it believes that industry conditions will improve in 2014, as consumers accept innovative form factors in ultrabooks, convertibles and detachables and the company expands...

The United Mine Workers union is fighting for its future as coal mining shifts westward, where fewer miners are needed.

Japan's health ministry filed a criminal complaint on Thursday against Novartis AG.

Aluminum producer and former Dow component Alcoa Inc. (NYSE:AA) is slated to unofficially kick off fourth-quarter earnings season after the close of trading on Thursday. The company is expected to report fiscal fourth-qu...

By Robert A. Green, CPA

Legislation introduced in the senate would push costs onto colleges, public and private, when a student defaults on an education loan

The company has been competing with Netflix for a long time in the online streaming business but has remained mute about its membership base. The revelation suggests that it has become a force to reckon with, and could s...

The legal mess from mortgage-backed securities could haunt the banks for much longer if the investigation brings up any evidence against them. This will certainly not help investor sentiment, which has been largely fuele...

An exchange statement said the Sebi's approval to launch the new segment follows the renewal of the exchange's recognition in September 2013

On 1/13/14, Synovus Financial Corp.'s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (NYSE: SNV.PRC) will trade ex-dividend, for its quarterly dividend of $0.525, payable on 2/3/14. As a percen...

On 1/13/14, PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (NYSE: PNC.PRP) will trade ex-dividend, for its quarterly dividend of $0.3828, payable on 2/3/14. As a ...

On 1/13/14, United Technologies Corp.'s Corporate Units (NYSE: UTX.PRA) will trade ex-dividend, for its quarterly dividend of $0.9375, payable on 2/3/14. As a percentage of UTX.PRA's recent share price of $65.22, this di...

On 1/13/14, Transcontinental Inc's Cumulative 5-Year Rate Reset First Preferred Shares, Series D (Toronto: TCL-PRD) will trade ex-dividend, for its quarterly dividend of $0.4253, payable on 1/15/14. As a percentage of TC...

On 1/13/14, Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares (NYSE: KYN.PRE) will trade ex-dividend, for its monthly dividend of $0.0885, payable on 2/3/14. As a percentage of ...

In trading on Thursday, shares of Walgreen Co. (NYSE: WAG) touched a new 52-week high of $61.13/share. That's a 60.91% rise, or $23.14 per share from the 52-week low of $37.99 set back on 01/09/2013. That means at today'...

In trading on Thursday, shares of AT&T (NYSE: T) touched a new 52-week low of $31.99/share. That's a $7.01 share price drop, or -17.97% decline from the 52-week high of $39.00 set back on 04/23/2013. Large percentage dro...

In trading on Thursday, shares of Philip Morris International (NYSE: PM) touched a new 52-week low of $82.61/share. That's a $14.12 share price drop, or -14.60% decline from the 52-week high of $96.73 set back on 05/01/2...

Funds raised by the private sector from the primary market in the December quarter was the lowest since March 2003

The purchases may slow again because of the rising cost of hedging currencies and as foreign funds seek better investment opportunities in the US

Retired and conservative Puerto Rico bond investors last year woke up to the harsh reality that the bonds they were holding in their retirement accounts were one notch above junk bond status.

I won't write anything about the next six months as it's still a bit too early to look back on these predictions. Tesla did spectacularly fold when I said it was a bubble. I did say love the Twitter IPO before everyone d...