Bass Hedge Fund Sees Huge Upside in GM
Kyle Bass's Hayman Capital Management reportedly has taken a large stake in General Motors. Bloomberg TV reported that the fund manager has taken a large stake, although its size was not initially disclosed.
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 24Meet the Preliminary 2014 Dogs of the Dow: Dividends Galore
ThinkstockThere is a trend at the end of each year followed by many income investors. This is the Dogs of the Dow, which is simply made up of the 10 Dow Jones Industrial Average…
Amazon Says It Sets Weekend Kindle Sales Record
Wikimedia CommonsWithout mentioning a single fact, Amazon.com Inc. (NASDAQ: AMZN) said Wednesday morning that the past weekend’s shopping was the best ever for its Kindle family of products. Fact-free announcements are standard procedure for…
Monthly New Home Sales Gain at 30-Year High
ThinkstockThe U.S. Census Bureau Wednesday morning released data on new single-family home sales for October. Sales rose 25.4% month over month, to a seasonally adjusted annual rate of 444,000, from a revised September sales…
Retail Sales Elation Gets a Dose of Reality From Express Inc. Report
ThinkstockSpecialty apparel retailer Express Inc. (NYSE: EXPR) saw its shares get crushed in premarket trading Wednesday morning. The company reported third-quarter results before markets opened, missing the earnings per share estimate by $0.02 but…
Pandora Investors Cheer Listener Hours Yet Ignore Active User Metrics
ThinkstockPandora Media Inc. (NYSE: P) is showing that the blip in active users may not have been as big a concern as it seemed, although we would point out that the number of active…
Top Analyst Upgrades and Downgrades: 3D Systems, SanDisk, U.S. Bancorp, Citigroup, AT&T and More
These are the top analyst upgrades and downgrades for December 4, 2013, including 3D Systems, SanDisk, U.S. Bancorp, Citigroup, AT&T and more.
Iran Threatens Price War: Oil at $20 a Barrel?
ThinkstockAt the final meeting for 2013 of the Organization of Petroleum Exporting Countries (OPEC), Iran’s oil minister has threatened to increase his country’s output even if prices drop to $20 a barrel. Iran plans…
Credit Suisse Adds New Stocks to Buy for 2014 Top Picks List
ThinkstockAs we head in to the final month of what has been a tremendous year for the stock market, the 24/7 staff is reviewing what the major Wall Street firms are recommending for the…
ADP Sends Great Labor Department Preview, but Bad for QE Fans
ThinkstockWe warned earlier this week that the Friday unemployment report may trash the stock market if it comes out too strong. If ADP is a prediction tool, then that is looking to be more…
Tech Stocks Winners for 2014 as Ad Budgets Focus on E-commerce
ThinkstockWith the huge performance and sales on Cyber Monday of almost $2.3 billion, topping Black Friday’s $2 billion, more and more advertisers are moving their budgets to target Internet sales. This is not going…
Google Robots to Deliver Packages to Your Door?
courtesy of Google Inc.If you are going to fill the world with the next generation of robots, as the New York Times suggests Google Inc. (NASDAQ: GOOG) is preparing to do, who better to…
Mortgage Loan Rates Continue to Tick Higher
The Mortgage Bankers Association released its weekly report on mortgage applications Wednesday morning, and it noted a decrease of 12.8% in the group's seasonally adjusted composite index.
More Protests, Walkouts at McDonald’s, Burger King, Others Over Wages
ThinkstockProtests demanding a minimum wage of $15 an hour from fast-food restaurants will begin Wednesday with demonstrations at McDonald’s Corp. (NYSE: MCD) restaurants in five U.S. cities — Seattle, San Francisco, New York, Los…
The Odd Resurrection of Newsweek
ThinkstockThough Newsweek ceased being a printed publication last year, Editor in Chief Jim Impoco said Tuesday in an interview that the magazine plans to resume weekly publication as early as January 2014. But readers…