The wait is over. Today, Apple (AAPL, $185.64, down $3.79) will hold its annual developers’ conference which is always an event. While everyone is expecting the company to unveil the newest version of its iPhone, will Steve Jobs pull the rabbit-out-of-the-hat trick? Many believe the new iPhone will look muchRead more
Apple In Focus
Trading An Index
Dow Falls 400 Points
Potash Pops Higher
Wal-Mart Rocks on May Sales
Wal-Mart Stores (WMT, $59.77, up $2.09) is hitting 52-week highs today after reporting same-store sales were up 3.9% (not including fuel). Wall Street had expected the company to post a 1.6% gain. When you throw in gas sales, same-store sales rose 4.4% for Wal-Mart. Total sales were up nearly 10%Read more
Sector Watch: Coal Stocks
Lehman Brothers Making Market Nervous
The market went on a wild ride Tuesday after opening higher on positive comments from Federal Reserve Chairman Ben Bernanke. He said the Fed still expects the economy will recover during the second half of the year thanks to interest rate cuts, Fed loans to the Financial institutions, and taxRead more
Marvel Entertainment Hulking Up
Marvel Entertainment (MVL, $35.18, up $1.31) is trading higher today after Standard & Poor’s said the company will soon replace insurer The Commerce Group in the S&P MidCap 400 index which is being acquired by Mapfre. No date of the change has been set. In after-hours trading last night, MarvelRead more