Apple’s New Product: An iPhone Without an iWatch
JoeInQueens, via Wikimedia CommonsA rumor from tech site All Things D that Apple Inc. (NASDAQ: AAPL) will release new versions of its iPhone on September 10 has spread around to news and tech sites…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 152Will Twitter IPO Hit Facebook Objections?
TwitterTwitter apparently will go public sometime early next year. Analysts have put its value at more than $10 billion. Twitter management and its bankers ought to be concerned that shares will be hit by the…
China Car Sales Growth Continues to Falter in July
ThinkstockDespite some year-over-year improvement of sales in July, China’s car market remains relatively troubled, as its sales improvement rate runs slightly behind that of the United States. As the economy in the People’s Republic…
Japan Misses GDP Increase on Downside
ThinkstockJapan’s gross domestic product (GDP) rose only 2.6% on an annualized basis in the second quarter, a deep disappointment. There has been an effort to marginalize Japan despite the experimentation of its central bank…
Regardless of Results, Groupon and Zynga Remain out of the Money
courtesy of ZyngaResults that were less than awful and a new CEO helped shares of Zynga Inc. (NASDAQ: ZNGA) and Groupon Inc. (NASDAQ: GRPN) to move up from abysmal lows. However, neither company has…
U.S. Postal Service Loses $740 Million
courtesy of USPSPeople ought to get used to the fact that farmers cannot get mail more than twice a week, city dwellers should go without Saturday delivery, hundreds of post offices should be closed,…
The Weakness of Taking Companies Private: The Story of J.C. Penney, BlackBerry, Et Al.
courtesy Dell Inc.The notion of taking companies private is probably as old as the one of taking them public. The first generally takes money from outside shareholders. The other seizes assets back, usually at…
Huge Upside Analyst Calls of the Past Week: Geron, Potash, SunEdison, Tangoe, Tremor
This past week proved yet again that stocks do not just rise forever and ever. Investors are coming to grips with the notion that a bond purchase tapering from Ben Bernanke and the Federal Reserve…
Closing Bell for Friday on Wall Street: Markets Open Lower, Fade Further to Close
August 9, 2013: U.S. equity markets opened lower this morning and bounced around below the break-even line most of the day. The day’s biggest economic news came from China, where the CPI rose 2.7%…
Ten States Where Manufacturing Matters
ThinkstockIn July, America’s manufacturing sector grew for the second month in a row. This improvement is in line with longer-term trends, according to the Institute for Supply Management. While some experts are predicting a…
Caesars Finally Gives Up on Macau, Stock Reaches All-Time High
ThinkstockCaesars Entertainment Corp. (NASDAQ: CZR) will sell its golf course property in Macau to developer Pearl Dynasty Investments Ltd. for $438 million, well shy of the $578 million Caesars paid for the property in…
BlackBerry Go-Private Dreams: CrackBerry Needs a Lesson in Logic
ThinkstockThe notion that BlackBerry Ltd. (NASDAQ: BBRY) thinks it should, could, may or even hope to go private is quite frankly nothing but hogwash. Shares were up over 7.5% at $9.93 in late Friday…
LightSquared and Harbinger Capital Take Aim at Deere, Garmin, and Trimble
ThinkstockHedge fund Harbinger Capital, has filed suit in federal court against Deere & Co. (NYSE: DE), Garmin Ltd. (NASDAQ: GRMN), and Trimble Navigation Ltd. (NASDAQ: TRMB) for failing to disclose problems with the companies’…
BGC Analysts Say Enough Is Enough: Upgrading Potash Corp. Mosaic, Intrepid
thinkstockA very significant stock and sector upgrade has taken place on Friday morning that might not be getting the attention that it deserves. BGC Financial has stuck its neck out and decided to upgrade the…
Marc Faber: The Same Sort of 1987 Crash Is Coming in 2013
Photo by Spencer Platt/Getty ImagesIf you have spent much time watching financial market gurus and market pundits, you know all about Marc Faber. He has adequately predicted and warned of serious financial turmoil on…