NEW YORK — Bank bailouts are turning out to be great business for the government. Unfortunately for taxpayers, other federal rescues will almost certainly wind up in the red. The Treasury Department said Monday it will begin selling its …
Yelp has a tremendous opportunity in local advertising but there is also intense competition. One big caution is that half of Yelp’s traffic comes from Google and that makes it way too dependent on a company which isn’t exactly a fan. Yelp …
Tesla Motors stock soared in after-hours trading on Wednesday after the electric car maker posted a surprising Q2 profit. Shares for the TSLA stock jumped by 13 percent to $151.19 in trading. The auto maker is led by CEO Elon Musk and …
As the end of the year approaches, gold is swooning a bit. Please click here now. That's the daily chart for gold. A broad and gently sloping uptrend channel has been established, with very volatile price action between the channel lines. I …
China stocks edged lower on Monday as investors took profits after three days of gains spurred by Beijing's decision to create a huge new economic zone. Hong Kong stocks barely moved, with investors unwilling to place big bets amid …
IT major Infosys Ltd has posted 6.6 per cent rise in net profit to Rs 3,465 crore for the quarter ended December 2015 as against Rs 3,250 crore in the same period last year on the back of a healthy volume growth. Infosys shares surged 4.28 …
Monster Beverage Corp. surged the most in almost six months after first-quarter profit topped analysts’ estimates, helped by a distribution deal with Coca-Cola Co. that’s boosting sales. Profit rose to 80 cents a share, excluding some items, …
Chinese property stocks surged in Hong Kong on Wednesday on bullish profit prospects and a valuation gap. Big brokerages including Morgan Stanley have highlighted this week that the market has under-appreciated the earnings …