Last year saw a surge in stock repurchases — companies like ExxonMobil, Walmart and Microsoft bought back shares at record levels. Buybacks can be seen as a cash giveaway to investors, and they boost earnings per share. But th…
Online retailer Overstock.com ended its last fiscal year on a strong note, and now it’s gearing up for an international expansion. Outspoken CEO Patrick Byrne discusses the company, as well as his views on sales tax, short sell…
According to a recent survey, wealthy U.S. investors are the most optimistic than they’ve been in months. And of those looking to invest more in the stock market, they have several clear ideas on where they’d like to place thei…
Cnooc, China’s most visible offshore oil producer, announced record-high net profits for 2010, helping to send Asian oil shares higher.
Continue reading Asian Oil Stocks Head North on Cnooc’s Heady Earnings
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Despite turbulent times, U.S. markets are rising again. But is this a temporary bump, or the return of a bull market? The sharp-eyed analysts of Morgan Stanley and Goldman Sachs say its the latter, and their money is on strong …