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Category Archive: Top Stories

Jun
16
2011

Chrysler recalls 11,351 vehicles to repair steering

Tom Krisher, AP Auto Writer, On Thursday June 16, 2011, 10:46 am DETROIT (AP) — Chrysler Group LLC is recalling 11,351 cars, minivans and other models because a producing problem may cause the steering to fail. Chrysler told the National Highway Traffic Safety Administration that it doesn’t know of any crashes or injuries brought on …

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Jun
16
2011

Stocks edge higher after manufacturing report

{“s” : “kr,wgo”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} David K. Randall, AP Business Writer, On Thursday June 16, 2011, 10:32 am NEW YORK (AP) — Stock indexes edged in higher Thursday morning as investors waded through data that offered a mixed picture of the economy. A survey by the Federal Reserve Bank of Philadelphia …

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Jun
16
2011

Kroger 1Q profit, revenue jump; raises outlook

{“s” : “kr”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Dan Sewell, AP Business Writer, On Thursday June 16, 2011, 9:58 am EDT CINCINNATI (AP) — Kroger Co. rang up double-digit jumps in first-quarter revenue and net income, because the grocery chain drew more frequent shoppers with loyalty rewards while gas and grocery prices rose. The …

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Jun
16
2011

Unemployment applications drop, but remain high

{“s” : “jnj”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Christopher S. Rugaber, AP Economics Writer, On Thursday June 16, 2011, 9:25 am EDT WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week, though applications remain above levels per a healthy economy. Unemployment benefit applications fell 16,000 to a seasonally adjusted 414,000, the second …

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Jun
16
2011

Energy Transfer buying Southern Union for $4.2B

{“s” : “ete,sug”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} On Thursday June 16, 2011, 8:23 am EDT NEW YORK (AP) — Energy Transfer Equity LP said Thursday that it has agreed to procure natural gas company Southern Union Co. for approximately $4.2 billion, creating one of the crucial country’s largest natural gas pipeline companies. The …

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Jun
16
2011

7 Cheap Stocks for Value Investors to think of

After perusing throughout the 52-week low list last night, i could not help but notice a couple of names that were simply too cheap to pass up. As someone who loves his Blackberry phone and cannot wait to shop for RIM’s (RIMM) new Blackberry Bold 9900 4G phone in August and as a blogger who’s …

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Jun
16
2011

These 8 Large-Cap Tech Stocks Look Really Cheap

Judging by the all-time low valuations of certain large-cap technology companies, it appears that evidently tech stocks have entered a brand new era. Investors are shunning “old tech” firms like Hewlett-Packard (HPQ), Intel (INTC) and Research In Motion (RIMM) while embracing “new tech” companies like LinkedIn (LNKD), Netflix (NFLX) and, most recently, Pandora (P). Unfortunately, …

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Jun
16
2011

Wall Street Breakfast: Must-Know News

Greek PM on brink as protests turn violent. Greek Prime Minister George Papandreou will reshuffle his Cabinet and seek a parliamentary vote of confidence that he could lose as he attempts to push through austerity measures that may enable the rustic to receive more international aid and stop a default. The moves are available response …

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Jun
16
2011

Cramer’s Lightning Round – Peabody Is Getting Cheaper by the Day (6/15/11)

Stocks discussed at the Lightning Round session of Jim Cramer’s Mad Money TV Program, Wednesday June 15. Bullish Calls: Get Cramer’s Picks by email – it’s free and takes just a few seconds to enroll.

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