by | Jan 17, 2011 | Towing
It’s been a long time since the DJIA reflected just America’s smokestack economy. But today’s economic rebound is being led so far by manufacturers. And if you plot those Dow components as a group, you’ll see they’re leading th…
by | Jan 14, 2011 | Towing
Stocks ended the week on a positive note despite economic reports that fell short of expectations. But Cort Gwon of FBN Securities says there was lots to cheer about as fears over the debt crisis in Europe lessened and U.S. com…
by | Jan 14, 2011 | Towing
As big banks start reporting earnings, JPMorgan CEO Jamie Dimon is the latest exec to talk about dividends. Overall, Wall Street is expecting the big banks to post strong results, including improved credit quality and increased…
by | Jan 13, 2011 | Towing
The 91-year old company was once the leading diversified industrial company, the product of hundreds of leveraged buyouts in the 1960s and ’70s. But its breakup is yet more proof that the conglomerate model makes little sense t…
by | Jan 12, 2011 | Towing
Stocks closed broadly higher Wednesday after Portugal’s government had no trouble in tapping global debt markets, helping ease European debt fears. The euro gained at the dollar’s expense, which lifted a broad basket of commodi…