Archive

Year: 2013

All Year: 2013 Articles

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Wireless Devices Outnumber People

ThinkstockThe number of wirelessly connected devices now outnumbers the total population of the globe. The score is wireless devices, more than 10 billion, to people, nearly 7 billion. By 2020, devices will number 30…

Paul Ausick · 13 years ago

Stellar U.S. 30-Year Treasury Bond Auction

Can you imagine lending the government your money for a period of thirty years for less than 3.0% interest per year. That is exactly what happened in the latest Treasury bond auction that went…

Jon C. Ogg · 13 years ago

Natural Gas Futures Weighed Down by Rise in Inventory

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 88 billion cubic feet last week, above the expected build of about 83 billion cubic feet anticipated by analysts.…

Paul Ausick · 13 years ago

Dendreon Shows Poor Provenge Sales, Implosion Risk Rising

ThinkstockDendreon Corp. (NASDAQ: DNDN) just cannot catch a break. Despite having what was supposed to be one of the best late-stage prostate treatments in Provenge, sales just are not coming in as expected. Dendreon’s…

Jon C. Ogg · 13 years ago

Fannie Mae Will Repay $59.4 Billion to Taxpayers

ThinkstockThe quasi-private mortgage-finance company, Fannie Mae, posted a $58.7 billion profit in the first quarter, thanks to recognition of a tax benefit worth $50.6 billion. Fannie Mae generated $8.1 billion in pretax earnings in…

Paul Ausick · 13 years ago

Weekly Jobless Claims at a Five-Year Low

Ed Brown, via Wikimedia CommonsThe Labor Department’s report on weekly jobless claims continues to go against many of the headlines we are seeing elsewhere. Last week brought a drop to 323,000, the lowest weekly…

Jon C. Ogg · 13 years ago

L Brands, Zumiez Lead Rise in April Retail Sales

thinkstockRetailers are announcing April same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.5% year-over-year, compared with a 2% gain in February and a 1.4% gain in March. In general,…

Paul Ausick · 13 years ago

Microsoft Mulls Acquisition of Nook Media

courtesy Barnes & Noble Inc.Almost exactly a year ago, Microsoft Corp. (NASDAQ: MSFT) agreed to pay $300 for a 17.6% stake in a joint venture with Barnes & Noble Inc. (NYSE: BKS) that was…

Paul Ausick · 13 years ago

Jefferies Best Specialty Retailer Stocks to Buy

ThinkstockConsumer purchasing comprises almost 70% of the gross domestic product calculation. With a rising stock market and home values increasing, consumers are feeling better in 2013 than they have felt in years. This improved outlook…

Jon C. Ogg · 13 years ago