Office Services & Supplies

With congressional and senate support, President Obama is expected to let the Bush Tax cuts expire at the end of 2010. Estimates on the tax increase to U.S. citizens’ range from $500 billion to $1 trillion. While the additional revenue is one way to help pay for the massive federal spending...

Below are the top textile industrial stocks on the NYSE and the NASDAQ in terms of operating cash flows. The trailing-twelve-month operating cash flows for Mohawk Industries Inc (NYSE: MHK) are $588.09 million. Analysts at Stifel Nicolaus upgraded MHK from “hold” to “buy.” The trailing-twelve-month...

Shares of Steelcase Inc. (NYSE: SCS) are higher on the session by 1.29%, currently trading at $7.06. The stock has been trading largely sideways for the past six months, though it is currently testing the 200-day moving average. One options trader rolled a long put position on the stock today. The...

Apple (AAPL) may not pay a dividend but there are plenty of other technology stocks that do. Here are four with yields over 5% and market caps above $500 million. EarthLink, Inc. (ELNK), the Internet access service provider, pays a yield of 6.9%. The company has a market cap of $869 million....

Shares of Avery Dennison Corp. (NYSE: AVY) are lower on the session by 0.58%, currently trading at $34.17. The stock has been drifting lower over the past few months, but is currently trying to regain the 50-day and 200-day moving averages. Options traders are buying puts on the name today, though...

Year 3, Week 47 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 76.2% (v 70.8% last week) 17 long bias: 21.8% (v 16.8% last week)  2 short bias: 2.0% (v 12.5% last week) [Includes 1 'long dollar'...

Boston Scientific’s (BSX) two spinal cord stimulation (SCS) lead splitters have been reportedly cleared by the FDA. The company will unveil the approved SCS splitters at the annual meeting of the American Society of Interventional Pain Physicians (ASIPP) being held from June 26 – 30, 2010, in...

If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund Manager] [...

At 11:36 am, the Dow soared 35.14 points, or 0.34%, to 10,477.55, the broader Standard & Poor's 500 index moved up 3.30, or 0.30%, to 1,116.50 and the NASDAQ composite index gained 19.87, or 0.87%, to 2308.96. The industries that are driving the market today are: Office Supplies: The top gainer...

• Walgreen (NYSE:WAG) posted a fiscal third quarter earnings of 53 cents a shares, 4 cents below Zacks projections. Revenues of $17.2 billion, a 6.1% increase, were above Zacks estimates of $17.1 billion • Intel (NASDAQ:INTC) and the FTC are reportedly in talks over a possible antitrust settlement...

As expected with such a large gap up as risk in "on" (wax on, wax off, student body left, student body right) some stop losses on the short side have hit this morning. It goes without saying that now that we are over both the 50 (exponential) and 200 day moving averages - the thought process...

Year 3, Week 46 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash:70.8% (v 84.8% last week) 16 long bias: 16.8% (v 13.1% last week)  8 short bias: 12.5% (v 2.1% last week) [Includes 1 'long dollar'...

At 10:41 a.m., the Dow gained 53.96, or 0.52%, to 10,463.42, the broader Standard & Poor's 500 index moved up 3.27, or 0.29%, to 1,119.31 and the NASDAQ composite index soared 11.13, or 0.48%, to 2318.29. The industries that are driving the market today are: Drug Stores: The top gainer of the...

IHS Inc. (IHS) recently posted fiscal 2010 second-quarter earnings of $38.5 million, a growth of 20.4% from $32.0 million recorded in the year-ago period primarily driven by higher revenues and improved margins. Earnings per share came in at 60 cents, surpassing the Zacks Consensus Estimate of 57...

Below are the top 4 textile industrial stocks on the NASDAQ and the NYSE in terms of cash. Mohawk Industries Inc (NYSE: MHK) had $452.33 million of cash in the latest quarter, while its debt liabilities stood at $1.87 billion. Albany International Corp (NYSE: AIN) had $101.76 million of cash and $...