The Fitch Ratings agency lifted Ford's credit rating from junk status to investment grade Tuesday, a sign that the company's recovery from near collapse is almost complete.
But Ford Motor Co. needs another agency, either Standard & Poor's or Moody's, to make the same upgrade before it can get its blue oval logo, factories and other assets out of hock.
Fender is ready to rock the Nasdaq.
The iconic guitar maker filed Thursday to sell as much as $200 million worth of shares in an initial public offering. The company plans to trade under the symbol FNDR.
Fender said in the filing that it was the top seller of electric, acoustic, and bass guitars and amplifiers in the U.S. last year, and that it sells its products in over 85 countries.
Welcome to the big leagues, Groupon. Shareholders punished the stock in after-hours trading Wednesday after the daily deals site posted a surprise loss for its first quarter as a public company.
Groupon reported a net fourth-quarter loss of $42.7 million, or 8 cents a share, on sales of $506.5 million.
The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a brighter outlook for hiring.
Companies and governments posted 3.38 million jobs in December, the Labor Department said Tuesday. That's up from the 3.12 million advertised in the previous month and nearly matches the three-year high reached in September.
Treasury's TARP, AIG bailout Costs Fall to $30 Billion
Ten Things I Learned from a Professional Trader (Brian Shannon)
Brian Shannon of www.alphatrends.net and @alphatrends was our special guest speaker yesterday. During a busy week of trading, the NYC Trader Expo, and meetings SMB was grateful that our good friend found some time to talk with our desk. It was a lecture not to be missed. Thank you Brian!
Here are ten things that I learned from Brian’s lecture: