Archive

Year: 2013

All Year: 2013 Articles

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More Negative U.S. Bitcoin Developments

bitcoin.orgThe rise and interest behind the virtual currency Bitcoin has been more than interesting. After trading at a huge premium during the Cyprus crisis, now the Mt. Gox exchange located in Japan has said…

Jon C. Ogg · 13 years ago

Wireless Chipmaker Spreadtrum Gets Buyout Offer

ThinkstockChina’s Tsinghua Unigroup Ltd. this morning made a non-binding offer to acquire Spreadtrum Communications Inc. (NASDAQ: SPRD) for $28.50 per ADS in cash in a deal worth about $1.4 billion. Spreadtrum is a China-based…

Paul Ausick · 13 years ago

Alcatel-Lucent Turnaround Woes: Credit Rating Downgrade by S&P

ThinkstockAlcatel-Lucent S.A. (NYSE: ALU) was given some positive to mixed analyst coverage this week after the troubled communications equipment maker decided to focus on advanced communications as “The Shift Plan.” Now Standard & Poor’s…

Jon C. Ogg · 13 years ago

Is Greece About to Implode All Over Again?

ThinkstockThis week has been a disaster for emerging markets, and now it appears as though Greece is going to come back up as a key spot of financial turmoil. The question is whether anyone…

Jon C. Ogg · 13 years ago

Russia Turns Away from Europe, Focuses on China

ThinkstockRussia’s state-controlled oil giant Rosneft has signed a 25-year deal to supply $270 billion worth of crude oil to China, and the country’s largest independent natural gas producer, Novatek, has agreed to a deal…

Paul Ausick · 13 years ago

Deutsche Bank Large Cap Stocks to Buy With Growing Dividends

ThinkstockGiven the stock market’s long run since the post-election 2012 lows, and following yesterday’s rout, now might be a good time to start looking at the top large cap stocks that are growing earnings…

Jon C. Ogg · 13 years ago

CarMax Company Earnings Shine

ThinkstockCarMax Inc. (NYSE: KMX) reported first-quarter fiscal 2014 results before markets opened this morning. The used-car retailer reported quarterly diluted earnings per share (EPS) of $0.64 on revenues of $3.31 billion. In the same…

Paul Ausick · 13 years ago

Darden Company Earnings and Forecast Taste Better with Dividend Hike

ThinkstockDarden Restaurants Inc. (NYSE: DRI) reported fourth-quarter and full-year 2013 results before markets opened this morning. The operator of Red Lobster, Olive Garden and other restaurant chains reported quarterly diluted earnings per share (EPS)…

Paul Ausick · 13 years ago

St. Louis Fed President Explains It All

ThinkstockAt the FOMC meeting that ended Wednesday and started the equity market tumble, two members of the committee voted against the Fed’s decision to leave rates and asset purchases as they were. Kansas City…

Paul Ausick · 13 years ago

Cities with the Most Abandoned Homes

ThinkstockOne in five homes in the foreclosure process stands vacant after being abandoned by owners. While the housing market is on the mend, some cities still struggle as they wait for thousands of homes…

Mike Sauter · 13 years ago

The Men’s Warehouse Goofball Board

ThinkstockThe board of Men’s Warehouse Inc. (NYSE: WM) is made up of people who should not be on any public board. The irony is that all were added on the watch of fired chairman…

Douglas A. McIntyre · 13 years ago

International Jobs Data: Anxiety, Near Despair

ThinkstockAnxiety about whether people can get good jobs remains particularly high, despite the so-called end of the recession in many parts of the world. It should be expected that the data from Europe would…

Douglas A. McIntyre · 13 years ago

Americans Work from Home, Watch TV and Sleep

ThinkstockFor Americans who have nothing to do once their workdays end, watching television fills in many of the hours. Perhaps people have more time on their hands as many do not have to commute.…

Douglas A. McIntyre · 13 years ago