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Year: 2013

All Year: 2013 Articles

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Sony PS4 Sales Hit 2.1 Million Worldwide

Courtesy Sony Corp.Sales of Sony Corp.’s (NYSE: SNE) PlayStation 4 reached 2.1 million units worldwide, temporarily giving it bragging rights over Microsoft Corp.’s (NASDAQ: MSFT) Xbox. Given that the PS4 just launched and that…

Douglas A. McIntyre · 13 years ago

Organic and Natural Grocery Chain Dies in D.C. and Maryland

ThinkstockApparently being all organic, natural or healthy is no longer an assured success in the grocery store business. A company called Natural Markets Food Group has announced that it will be closing its six…

Jon C. Ogg · 13 years ago

After The Hunger Games, Feast or Famine Cometh

Lions GateLions Gate Entertainment Corp. (NYSE: LGF) has managed to grow and grow, up to the point that it is now worth some $4.4 billion in market capitalization. The latest bump over the last…

Jon C. Ogg · 13 years ago

After Rare Upgrade, Is Xerox Becoming Cool Again?

courtesy of XeroxThis is a rare event we are seeing today. When was the last time anyone heard about anything great happening at Xerox Corporation (NYSE: XRX)? This document management provider has two positive…

Jon C. Ogg · 13 years ago

U.S. Okays Microsoft Acquisition of Nokia Phone Business

courtesy of MicrosoftWith no fanfare and just a list of all the subsidiaries included in the deal, the U.S. Federal Trade Commission (FTC) and the U.S. Department of Justice (DoJ) on Monday granted permission…

Paul Ausick · 13 years ago

Ten Countries Where People Live Longest

Life expectancy in the United States has risen in the past few decades. Based on data recently published in the OECD’s report Health at a Glance 2013, these are the 10 nations with the…

247alex · 13 years ago

Valero Commences Logistics IPO, Setting Up for Refinery Payday

ThinkstockContinuing a trend begun in May, Valero Energy Corp. (NYSE: VLO) on Monday commenced an initial public offering (IPO) of a logistics group called Valero Energy Partners L.P., announcing plans to sell 15 million…

Paul Ausick · 13 years ago

Goldman Sachs Raises the Red Flag on Groupon and OpenTable

ThinkstockGoldman Sachs has made several changes to stocks in its Internet universe coverage on Monday. Two downgrades stood out the most after looking at the calls, and others were boring enough that we decided…

Jon C. Ogg · 13 years ago

Twitter Analyst Quiet Period Ends, Some Serious Upside Expected

twitter.com/jimmykimmelTwitter Inc. (NYSE: TWTR) has seen the underwriting analyst quiet period come to an end. This means that the analysts at the brokerage firms in the underwriting syndicate have now been freed up to…

Jon C. Ogg · 13 years ago

Manufacturing Now in Sixth Consecutive Month of Growth

ThinkstockThe Institute for Supply Management (ISM) has reported that November was yet another gain for its reading on manufacturing. The index rose to 57.3% in the November Manufacturing ISM Report on Business, versus 56.4%…

Jon C. Ogg · 13 years ago

Big Upside Expected for Barracuda Networks in 2014

ThinkstockBarracuda Networks Inc. (NYSE: CUDA) was one of the recent initial public offerings (IPOs) of 2013, and it somehow did not perform as well as others despite being in the right space for cloud…

Jon C. Ogg · 13 years ago

Hilton Doubles IPO Plan

ThinkstockLess than a month ago, the planned initial public offering (IPO) for Hilton Worldwide Holdings was expected to raise about $1.25 billion that the company would use to pay down debt. The hotel chain’s…

Paul Ausick · 13 years ago