Foreclosures Up in May — RealtyTrac
ThinkstockOverall, data about the real estate markets continues to be ambiguous. RealtyTrac reports that in May foreclosure starts were up 2% from April. What is not clear is whether this is because banks want…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 226World Bank Cuts Global GDP Forecast to 2.2% for 2013
ThinkstockThe World Bank has lost confidence in its earlier forecasts about global GDP growth. The organization has cut its outlook for this year from 2.4% to 2.2%. It may be a new reason for…
Japan Market Collapses 6.4%, Europe Next
ThinkstockJapan’s Nikkei fell by 6.4%, and entered bear territory after a huge run up over the past several months. The market has bounced up and down for weeks, due to questions about intentions of…
SeaWorld Launches Ambitious Dividend Yield After IPO, Sort Of
ThinkstockSeaWorld Entertainment Inc. (NYSE: SEAS) is still a fairly new public company since it launched its IPO just in April. Shares are handily higher as well, and now shareholders are getting another boost from…
Dish Network Bid for Clearwire Gets Board Committee Backing
ThinkstockA special committee of the board of directors of Clearwire Corp. (NASDAQ: CLWR) is expected to recommend that the company accept the buyout offer from Dish Network Corp. (NASDAQ: DISH), and rescind its acceptance…
Closing Bell for Wednesday on Wall Street: Markets Lower at Open, Creep Lower All Day
U.S. equity markets opened higher this morning but turned south early and finished the day with losses. In Europe, the German high court still continues to debate the constitutionality of the ECB’s OMT program,…
Facebook Adopts Hashtags, Twitter Envy
Brian Solis, via Wikimedia CommonsMark Zuckerberg might have had a tough time at the first annual Facebook Inc. (NASDAQ: FB) shareholder meeting this week, but he is learning to do the greatest business move…
IBM Layoffs: Office Space Movie, but Milton Makes Manager
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) is showing employees that the company must be one of the worst technology companies to work for, period! Reports are out that IBM is starting that…
Live Nation Wins German Arbitration Case
ThinkstockLive music concert promoter Live Nation Entertainment Inc. (NYSE: LYV) today announced that it has prevailed in a dispute with Germany-based ticketing software firm CTS Eventim AG. Shares of Live Nation were halted briefly…
SEC and FINRA Warn About Spam Pump-and-Dump Email Fraud Schemes
thinkstockDo you ever get spam emails touting “public” companies on an unsolicited basis? If your email address appears anywhere online, chances are high that you have been sent a spam email that was not…
Weak Demand for 10-Year Treasury Auction
The U.S. Treasury auctioned off some $21 billion in new 10-year Treasury notes on Wednesday, and the auction results were very weak. This latest auction was expected to be closely followed as interest rates…
NSA Surveillance, PRISM, Privacy and 1984
Reports have been out that sales of the book “Nineteen Eighty-Four” by George Orwell have been on the rise. With many conspiracy theorists and those who are concerned about their privacy over the PRISM…
German Shift from Nuclear to Renewable Energy Gets Expensive
thinkstockGerman Chancellor Angela Merkel is suggesting that renewable power producers pay more to support upgrades to the country’s electricity grid as Germany shuts down its nuclear energy generating plants in favor of cleaner natural…
Nearly 10 Million Homeowners Still Underwater on Mortgage Loans
ThinkstockRising home prices have floated 9.7 million homeowners with underwater mortgages back into a positive equity position in the past year. But 19.8% of all residential properties remained underwater at the end of the…
Business Rountable CEOs More Confident for 2013: GDP, Sales and Jobs
ThinkstockThe latest Business Roundtable survey is out for the second quarter of 2013, and the CEO Economic Outlook Survey shows that chief executives now expect a slight improvement in economic output over the next…