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Dennis Gartman was on CNBC Thursday night and was asked the question: What changed today? (in reference to Thrusday's selloff). His answer - Nothing has fundamentally changed, but the psychology has changed. Gartman's statement hit the nail on the head as the sentiment has indeed...

Argentina defaulted on its debt for the second time in 12 years after last-ditch negotiations with creditors failed to secure a deal to save the embattled country’s finances.  Latin America’s third largest economy could face additional trouble in the future if creditors force...

Lumber Liquidators (NYSE: LL) reported earnings Wednesday of $0.60 which missed the street estimate by 1 cent alongside revenues of $263.1M which also missed expectations. Sales increased 2.3 percent YoY to $263.1M. The hardwood producer has been under pressure lately after reports surfaced that...

Automotive stocks took a hit in early trading on Wednesday. Shares of General Motors (NYSE: GM), Ford (NYSE: F), Toyota Motors (NYSE: TM) and Honda Motor (NYSE: HMC) were down Wednesday morningby  0.67 percent, 0.20 percent, 2.31 percent, and 0.75 respectively. That drop coincides...

The submission from Direct Edge to SEC is meant to correct deficiencies in order type descriptions. The filing states in one part "newer exchanges have less experience with obligations associated with being exchanges, including writing & enforcing trading rules".

Sentiment in the market currently is humorously mixed. TV pins "bubble" proclaimers against "stocks are fairly valued" advocates on a near daily basis.   The Dow Jones Industrial Average has fallen for the past three sessions and participants are clearly shook.  In...

Sunlight is bouncing off of the bell of Comic-Con International's San Diego ball as the unusually comely sci-fi/steampunk creature Bodock continues to capture the imagination of convention guests and community members alike. As two parents photograph their daughter with Bodock, whose dragon...

After months and months of waiting for an expansion, Goldman Sachs (NYSE: GS) downgraded US stocks on Friday to Neutral for the next three months. The downgrade is driven by the expectation that rates will increase and cause equity returns to dampen. Goldman reversed their economic outlook based...

As laid out in the first part of this interview, Paychex (NYSE: PAYX) has a powerful growth story. CEO Martin Mucci explains further the role M&A plays in Paychex’s expansion. Despite aggressively returning capital to investors, Paychex showed $153 million of dry powder in the...

Time is a wonderful thing. Having plenty of it pass since the Q1 2014 final U.S. GDP report of negative 2.9 percent has helped the Street to forget that weather was the laughable excuse for the poor economic data. Thursday morning, meanwhile, Morgan Stanley (NYSE: MS) was out with a note...

Shares of Southwest (NYSE: LUV) were whipsawed today, going from up roughly 5 percent in the premarket to unchanged on the open on Thursday. The company issued great financial statements. Earnings beat expectations by roughly 27 percent and revenues beat by about 3 percent. For a stock that is up...

Facebook’s better than expected earnings report helped the stock push to record highs on Wednesday. Helped by exceedingly strong mobile and ad revenue, Facebook’s profits more than doubled and revenue came in at the top end of estimates, proving that the company is a viable...

It has been an outstanding year thus far for companies looking to raise money and go public. In fact, while 2013 was a record year for new offerings, 2014 may be even better. One of the more active sectors for IPOs in 2014 has been the restaurant industry, in particular the quick-casual segment...

Discover Financial (NYSE: DFS) reported earnings that beat expectations on the top and bottom lines. The company reported a EPS beat $0.04 above expectations. Return on equity was 23 percent and net revenue of interest expenses increased $131 or 6 percent to $2.2B. Credit Cards loans rose from...

While Western nations try to agree on broader sanctions against Russia following the shooting down of a passenger plane in Ukraine, pro-Moscow separatists have agreed to hand over the plane’s recording device as well as the remains of the nearly 300 victims. Russia has been accused of...