News & Analysis

New highs took a long stride forward Wednesday as the market raced ahead. Combined new highs — adding those on the Nasdaq and NYSE — trounced the combined new lows. Top-rated stocks offered a long list of issues hitting new highs. Of the IBD 50, about two of every five stocks made a new ...

U.S. benchmark 10-year Treasury yields hit a more than three-month high Wednesday after lawmakers approved a deal that prevented a round of automatic budget cuts and tax hikes that could have tipped the world's largest economy into recession. The Republican-controlled House of Representatives ...

Hotel operator Marriott International (MAR) has risen more than 30% in the past year, easily outperforming the S&P 500. And at least one brokerage sees more upside. SunTrust Robinson Humphrey upgraded Marriott from neutral to buy Wednesday with a target of 45, a premium of about 16% to the ...

Fertilizer maker Mosaic (MOS) will report second-quarter results Friday after watching its share price spike this week on a major deal. Shares of Mosaic, Potash Corp. (POT) and Agrium (AGU) all rose sharply Monday after they jointly unveiled a deal to sell potash fertilizer to China's Sinofert ...

The energy investment unit of General Electric (GE) joined an international consortium to buy 32 wind farms in France for about $461.8 million. GE Energy Financial Services will own 40% of the portfolio, which have a combined capacity of about 321.4 megawatts. MEAG, the asset management arm of ...

About 13 years ago, CommVault Systems introduced its signature software product, called Simpana, and continues to disrupt older players in the business of data management. Simpana is deployed by companies large and small to gain greater efficiency with how they store, manage and retrieve ...

Factory activity expanded again last month after contracting in November, despite uncertainty at the time about how lawmakers would resolve the fiscal cliff. The Institute for Supply Management's manufacturing index rose to 50.7 in December from 49.5, swinging back to positive territory, helped by ...

The fiscal cliff may seem like a big fight over taxes and spending, but it's actually just an early skirmish in the inevitable war between the aging population, the mushrooming welfare state and, ultimately, sustainable economic growth. The huge number of Baby Boomers in the workforce fueled an ...

Home prices continued to gather momentum as the recovery lifted growth rates in some of the hardest-hit markets to the fastest pace since before the housing bust. The S&P/Case-Shiller 20-city index out Wednesday rose 4.3% in October from a year earlier, accelerating from September's 3%. It was ...

Chinese Web portal Sina.com (SINA) might be planning to restructure its operations. The plans include creating a Web portal technology department according to a story in China Tech News, citing an internal email from the company that has been picked up by the Chinese press. China Tech News says the ...

Energy IPOs last quarter led in numbers, if not performance, and analysts see more energy companies entering the stock market in 2013 as U.S. policy targets energy self-sufficiency. "There's a renewed focus on that, and the infrastructure needs under that — putting in pipelines, getting the ...

Microsoft (MSFT) narrowly beat Apple (AAPL) as the most innovative company in mobile app storefronts in a study issued Wednesday by tech tracker ABI Research. Google (GOOG) took third place in the category. ABI said it was most impressed by Microsoft's fresh approach to app discovery, as well as ...

Every composer knows the anguish and despair occasioned by forgetting ideas which one had no time to write down. Hector Berlioz, conductor ...

When Henry J. Heinz's first food firm went bankrupt in 1875, he hardly had money to buy food. Even though he wasn't obligated, he vowed to pay back his creditors. "Setbacks drove him to try harder," Quentin Skrabec, author of "H.J. Heinz: A Biography," told IBD. "His new firm, eventually renamed ...

In the 1950s, 75 Los Angeles-based stockbrokers conducted business. Now two survive. Ed Wedbush, head of one of those two firms, says the keys to continued success include honesty and openness. "My experience has been that someone who is perceived as being open and telling the truth, and not ...

The U.S. looked on track to fall over the "fiscal cliff" at midnight on Monday, at least for a day, as lawmakers remained reluctant to back last-minute efforts by Senate leaders to avert severe tax increases and spending cuts. Several GOP senators predicted a Monday night Senate vote, though ...

Even for those who aren't afraid of heights, peering over the fiscal cliff may be dizzying. The plunge in after-tax income that would occur in a worst-case scenario likely would put the economy back in a deep recession. Yet a peek over the edge now seems unavoidable, at least according to Senate ...

ObamaCare survived the Supreme Court and the 2012 election largely intact, but its future is still uncertain. Even as Washington prepares to launch a new health care entitlement, analysts have warned that the individual mandate, premium subsidies and coverage guarantees may not hold together as ...

When you get your W-2 wage and tax statement this month, look at Box 12. For the first time ever, as a result of the Obama health law, the IRS is requiring employers to report the cost of health insurance you get at work. The Obama administration claims that it's informational, so you'll appreciate ...

To be deemed a serious analyst at the moment seems to require a lot of hand-wringing and sneering over how awful Congress looked over the last few days as it rushed a fiscal cliff deal into law. So permit me to burn my membership card in the League of Commentators and Pundits. Of course, there was ...

The fiscal cliff was a massive failure of presidential leadership. The tedious and technical negotiations were but a subplot in a larger drama. Government can no longer fulfill all the promises it has made to various constituencies. Some promises will be reduced or disavowed. Which ones? Why? Only ...

Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of Dec. 31, 2012, the company’s unaudited total assets were approximately $1.7 billion and its unaudited net asset value was $1.0 billion, or $34.84 per share. As of Dec. 31, 2012, the company was in compliance with its asset

NEWPORT BEACH, CA--(Marketwire - Jan 2, 2013) - Alliant Holdings I, Inc. (the "Company") announced today the final results of its previously announced cash tender offer and consent solicitation (together, the "Offer") for any and all of its outstanding 11% Senior Notes due 2015 (CUSIP Nos.

SUPERVALU INC. (NYSE:SVU) will hold its fiscal 2013 third quarter conference call on Thursday January 10, 2013 at 9:00 a.m. Central time. The call will be webcast live online at www.supervaluinvestors.com (click on microphone icon). A replay of the conference call will be archived on SUPERVALU's

TORONTO, ONTARIO--(Marketwire - Jan 2, 2013) - Smart Employee Benefits Inc. ("SEB") (TSX VENTURE:SEB), is pleased to announce it intends to complete an equity private placement of up to $1,050,000 of units; at a purchase price of $0.35 per unit, with each unit consisting of 1 common share of SEB

U.S. stocks kicked off the new year with their best day in over a year on Wednesday, sparked by relief over a last-minute deal in Washington to avert the "fiscal cliff" of tax hikes and spending cuts that threatened to derail the economy's growth.