The Buzz
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Embracing the sun: First Solar surges to new high
Solar stocks are back in vogue.
Shares of First Solar (FSLR) soared nearly 11% to a new 52-week high early Wednesday, and other solar stock were quick to follow. Shares of SunPower (SPWR), LDK Solar (LDK), SolarCity (SCTY) and Canadian Solar (CSIQ) were all shining pretty brightly.
Solar companies have struggled in recent years in the face of rising competition from cheaper solar panels manufactured in China.
The future looked so dim MORE
Catherine Tymkiw - Apr 24, 2013 12:48 PM ET -
Gold prices making a comeback
The gold bugs have come out to play.
Gold bounced back Monday after taking a massive beating over the past week or so.
Early Monday, gold prices popped back above $1,400 for the first time in a week. Prices are still a far cry from their record $1,900 level but the modest bounce is encouraging for gold bugs.
It was exactly one week ago that gold prices plunged more than 9% in their MORE
Catherine Tymkiw - Apr 22, 2013 12:02 PM ETPosted in: bears, bugs, CFTC, cnnmoney, gold, gold prices, hedge funds, precious metal, prices, rebound, StockTwits -
Pepsi and Coke pass investors' taste test
It's been a good week to be in the soda business.
While the debate over whether Pepsi or Coke taste better will probably go on forever, there's no denying the beverage companies have fairly healthy balance sheets.
PepsiCo and Coca-Cola both reported better-than-expected earnings this week, proving to investors that consumers still like their soda (or pop if you're from the Midwest) and snacks.
Shares of PepsiCo (PEP) rallied 5% to a new MORE
Catherine Tymkiw - Apr 18, 2013 1:15 PM ET -
Tesla shares get a jolt
Talk about electrified.
Shares of electric car maker Tesla spiked 6% Tuesday, nearly hitting a new high, on heavy trading volume.
Tesla generated a lot of buzz last month after CEO Elon Musk tweeted about a game changing announcement.
Really exciting @teslamotors announcement coming on Thursday. Am going to put my money where my mouth is in v major way.
— Elon Musk (@elonmusk) March 25, 2013
The news (which hit the airwaves last MORE
Catherine Tymkiw - Apr 16, 2013 1:04 PM ET -
J.C. Penney's latest survival tactic
J.C. Penney's latest move to turn itself around involves tapping its own credit line.
Early Monday, the retailer announced it drew $850 million from its $1.85 billion credit facility to help replenish its inventory and for other working capital.
The latest move comes after J.C. Penney (JCP) replaced CEO Ron Johnson with his predecessor, Mike Ullman, and tapped the Blackstone Group (BX) to help it raise money.
Related: J.C. Penney fighting for MORE
Catherine Tymkiw - Apr 15, 2013 1:08 PM ETPosted in: Blackstone, cnnmoney, consumer, credit, JCPenney, Macy's, retail, stock, StockTwits, turnaround -
A bumpy ride for Bed Bath & Beyond
Bed Bath & Beyond got a boost Thursday after the home goods retailer reported stronger-than-expected revenue.
While earnings were in line with forecasts, investors cheered the sales figures. Net sales rose nearly 25%, while same store sales -- a key metric of consumer spending -- nudged up 2.5%
Shares of Bed Bath & Beyond (BBBY) rallied more than 4% Thursday before pulling back.
Some of the retreat could be due to MORE
Catherine Tymkiw - Apr 11, 2013 2:32 PM ETPosted in: bed bath & beyond, bedbathandbeyond, cnnmoney, consumer, investors, retail, stock, StockTwits -
Wanna invest like Buffett? There's an app for that
Who doesn't want to be a billionaire? A new app, aptly named iBillionaire, won't turn you into one. But it makes it easier for you to invest like one.
iBillionaire, which launched Wednesday, tracks what Warren Buffett, Carl Icahn, Bill Ackman and other financial titans are buying and selling.
Using SEC filings, the data are fed automatically into the app, though the iBillionaire team has a data analyst on staff MORE
Catherine Tymkiw - Apr 10, 2013 11:23 AM ET -
Is Google following Apple's lead?
Apple may not be the darling of every investor's eye but Google is starting to lose some love too.
Just a month ago, shares of Google were well on their way to $900, with some analysts even calling for Google's stock to hit $1,000.
Even though shares are still up 9% for the year, they're moving further and further away from their March 6 all-time high of $844.
What helped propel Google (GOOG) MORE
Catherine Tymkiw - Apr 8, 2013 1:10 PM ET -
Best Buy banking on Samsung stores
Troubled electronics retailer Best Buy said Thursday that it has teamed up with Samsung to create boutique shops in more than 1,400 U.S. stores.
Best Buy founder Richard Schulze, who owns 20% of the retailer's shares, had been trying to buy the company for months. But a March 1 deadline came and went without a final offer.
Best Buy CEO Hubert Joly has been cutting staff and closing stores to try to MORE
Catherine Tymkiw - Apr 4, 2013 1:08 PM ET -
Dollar General rally fizzles
Investors went shopping at the dollar store early Monday...but the buying spree didn't last too long.
Shares of Dollar General (DG) spiked nearly 6% after the retailer reported earnings that topped forecasts, despite missing revenue estimates.
Investors were heartened by Dollar General's top line earnings numbers and its plan to buy back stock.
But shares pulled back as concern about the company's guidance gave investors pause.
"The volatility of the macroeconomic environment continues to MORE
Catherine Tymkiw - Mar 25, 2013 12:15 PM ET
Catherine Tymkiw is the markets editor at CNNMoney. She oversees the site's markets coverage, including stocks, bonds, banking, IPOs, emerging markets, Europe, commodities and currencies. She was previously the online editor at Crain's New York Business and has over a decade of reporting experience, covering commodities and financial markets.
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