Archive

Year: 2013

All Year: 2013 Articles

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Weather Clouds Lowe’s Companies Earnings

ThinkstockLowe’s Companies Inc. (NYSE: LOW) reported first-quarter 2013 results before markets opened this morning. The home improvement retailer posted diluted earnings per share (EPS) of $0.49 and $13.1 billion in revenues. In the same…

Paul Ausick · 13 years ago

Target Company Earnings Overshadowed by Forecast

courtesy of TargetTarget Corp. (NYSE: TGT) reported first-quarter 2013 results before markets opened this morning. The big-box retailer posted adjusted diluted earnings per share (EPS) of $1.05 on $16.71 billion in revenues. In the…

Paul Ausick · 13 years ago

Top Ten U.S. Wireless Trends in 2013 for Investors to Bank On

ThinkstockThe intense battle for the wireless customer and the consumer dollar heated up in the first quarter of 2013. Surprisingly, smartphone activation, which is a key data point for the carriers, actually slowed. While…

Jon C. Ogg · 13 years ago

Boeing, Google Among Top Hedge Fund Holdings

A look at which stocks the top 50 hedge funds own, without any need for comment (via Factset): The 50 largest hedge funds increased their equity exposure by over 5% in Q 1 2013…

Douglas A. McIntyre · 13 years ago

Higher Loan Rates Chill Mortgage Loan Applications

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 9.8% in the group’s seasonally adjusted composite index following a decline of 7.3% for the previous…

Paul Ausick · 13 years ago

Recession in Italy Doubles Its Deprived Population

ThinkstockItaly’s statistics bureau has issued a report on just how badly a recession has crippled its population. According to World Bulletin: Millions of Italians cannot afford to heat their homes properly or eat meat…

Douglas A. McIntyre · 13 years ago

SAC Capital Advisors and Steven Cohen May Face RICO Charges

ThinkstockThe Justice Department may hit SAC Capital Advisors and its founder Steve Cohen with the most brutal prosecution tactic possible, as far as tools for securities fraud go. According to the Wall Street Journal:…

Douglas A. McIntyre · 13 years ago

States Sending the Most Goods to China

Courtesy Maersk LineOver the past decade, U.S. exports to China have grown at an annual rate of nearly 17% each year. In 2012 alone, the 50 states shipped more than $100 billion worth of…

Mike Sauter · 13 years ago

New Xbox Launched as PS4 Forecast Crumbles

MicrosoftMicrosoft Corp. (NASDAQ: MSFT) launched its new Xbox One console as a foundation of the future of gaming. As about the same time, Sony Corp. (NYSE: SNE) greatly lowered expectations for its console business,…

Douglas A. McIntyre · 13 years ago

Intel (INTC) CEO Takes Over Mobile Group

ThinkstockIn a brief filing by Intel Corp. (NASDAQ: INTC) to the Securities and Exchange Commission meant primarily to highlight the compensation package of new CEO Brian M. Krzanich, there was some small print about…

Douglas A. McIntyre · 13 years ago