The TransUnion credit reporting agency announced the total amount of student loans outstanding is $900 billion and roughly 33% of that enormous figure — approximately $300 billion — has been categorized as subprime student loans, which are more than 30 days delinquent..
European investors got a dose of good news as the euro climbed to its highest level in 14 months (valued at $1.35) against the dollar.
Ford (F) earned 31 cents a share in Q4 2012, crushing analysts’ estimates by almost 25 percent. But investors shouldn’t confuse this performance with false hope that its big losses in Europe will improve in 2013.
Investors who wait to make decisions based off of hard economic data are preparing to embrace numerical nirvana this week.
Currency investors got a shot in the arm today when the euro hit an 11-month high against the dollar.
This morning, Apple, Inc. (AAPL) delivered its Q4 2012 earnings and, just as expected, underperformed the consensus projections of analysts.