(Hot Trends article updated with new information on rising home prices and the new Harley-Davidson 2011 models, joining credit card fees, UBS, Office Depot, iMac, Greenpeace BP and Pepco as trending topics online Tuesday.)NEW YORK ( TheStreet) -- Home Prices is a hot search topic today after the Standard & Poor's/Case-Shiller 20-city index of home prices rose 4.6% in May year-over-year. This is stronger than the expected 3.9% increase. However the housing market is still recovering, and many economists say this increase in home prices won't continue through 2010. IHS Global Insight economist Patrick Newport expects that home prices will fall between 6% and 8% before rebounding in 2011. "I bet in six months 15 to 20 cities will have falling prices," said Newport.
"Harley-Davidson 2011 Models" is a trending search topic on the Internet today following the debut of the company's three new motorcycle models for 2011 within the Sportster, Softail and Touring families. The new model prices range from the SuperLow, in the Sportster, family starting at $7,999; to the CVO Ultra Classic Electra Glide, in the Touring family, starting at $36,499. The motorcycle company recently announced that it has opened its first three dealerships in India and has plans to launch two more in 2010. Harley-Davidson shares are down today more than 2.5% to around $28.
UBS ( UBS) is a popular search term on the Internet today after its second quarter earnings report showed that the company swung to a profit of 2 billion Swiss francs ($1.9 billion) from a year-earlier loss of 1.4 billion francs. Now that the Swiss parliament has approved closer cooperation with the Internal Revenue Service, UBS expects to end its U.S. regulatory problems. UBS shares are up more than 8% to around $16.40.
Office Depot ( ODP) is a hot search phrase today after the company reported a better-than-feared second-quarter loss. Office Depot lost $18.7 million during the second quarter, or 7 cents a share, compared with a loss of $82.6 million, or 31 cents, compared to a year ago. Analysts expected a loss of 17 cents a share. Investors, apparently relieved when they saw the figures, sent the company's shares higher by 6.8% this morning to $5.05 in pre-market trading. But the stock has since shed those gains, and more, plummeting by 5.5% to $4.47 in late morning trading.
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Pepco is a hot search term today following news that around 138,000 Pepco ( POM) customers in the Washington D.C. area are still without power. About 280,000 homes lost power on Sunday after a severe thunderstorm downed power lines across the District of Columbia, Maryland and Virginia. Crews continue to work to repair the damage from the storm, but Pepco officials say that for some power could be restored as late as Thursday.
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move. -- Reported by Theresa McCabe in Boston. Follow Theresa McCabe on Twitter and become a fan on Facebook.