Nibbler Thornburg Mortgage (NYSE: TMA) has proffered a tender offer to shareholders of Thornburg Mortgage 8% Preferred C. Investors will receive $5.00 and 3.5 new common shares in exchange for each preferred share, which has a suspended dividend. Read More

US stocks built on yesterday’s upward momentum, as lower oil prices once again spurred the three major indexes to respectable gains. Read More

The three major indexes posted a rally today on sliding crude oil prices. The Dow Jones Industrial Average tacked on 331.62 points, or 2.94 percent, to 11,615.77; the Nasdaq Composite gained 64.27 points, or 2.81 percent, to 2,349.83; and the S&P 500 climbed 35.87 points, or 2.87 percent, to 1,284.88. Read More

Why is it that we can’t seem to allow another country to be successful without demonizing it? Read More

The three major US stock indexes finished the day in the red after gains in the retail sector failed to offset declining share prices among energy producers. Read More

US stocks began August inauspiciously, as the three major indexes finished the first day of the month in the red. News that the jobless rate reached 5.7 percent--the highest level in four years--did little to assuage anxious investors and huge quarterly losses at General Motors (NYSE: GM) likewise didn’t help matters. Read More

Income Portfolio holding Citizens Communications (NYSE: CZN) officially changed its name to Frontier Communications (NYSE: FTR) and began trading under this new name and ticker this morning. The rationale behind this change was to align the firm’s corporate name with the brand name under which its business operates. Read More

US stocks tumbled today after a report from the Commerce Dept suggested that slumping house prices and rising unemployment are diminishing the impact of federal tax rebates. The report indicated that the US economy grew at a slower rate than analysts had anticipated and likewise lowered GDP estimates from previous quarters. Read More

US stocks maintained their upward momentum from yesterday, led by shares of commodities producers. Despite higher oil prices, investor sentiment remained upbeat after a private-sector payroll report indicated that the economy added more jobs than expected in July. Read More

US stocks rallied today to solid gains, as dropping oil prices buoyed share prices in the retail and transportation sectors. Read More