Archive

Year: 2013

All Year: 2013 Articles

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March Construction Spending Cools Off

ThinkstockThe U.S. Census Bureau reported this morning that construction spending in March dropped 1.7% to an estimated seasonally adjusted annual rate of $856.7 billion from a downwardly revised estimate of $871.2 billion in February.…

Paul Ausick · 13 years ago

Refining Margins Boost Earnings at Phillips 66

ThinkstockPhillips 66 (NYSE: PSX) reported first-quarter 2013 results before markets opened this morning. The oil refiner posted adjusted diluted earnings per share (EPS) of $2.19. In the same period a year ago, the company…

Paul Ausick · 13 years ago

PropThink Analyst Finds Five Cheap Biotech Stocks to Buy

ThinkstockBiotech investing has always proven to be a slippery slope. It is one thing to own one of the large-cap biotech stocks, but it can be a challenge when looking for the stocks that have…

Jon C. Ogg · 13 years ago

Comcast Earnings Mixed on Sharp Drop in Broadcast Revenues

ThinkstockComcast Corp. (NASDAQ: CMCSA) reported first-quarter 2013 results before markets opened this morning. The cable operator posted adjusted diluted earnings per share (EPS) of $0.54 on revenues of $15.31 billion. In the same period…

Paul Ausick · 13 years ago

More Oil, Higher Natural Gas Prices Pump Up Chesapeake Earnings

ThinkstockChesapeake Energy Corp. (NYSE: CHK) reported first-quarter 2013 earnings before markets opened this morning. The oil and gas exploration and production company posted adjusted diluted earnings per share (EPS) of $0.30 on revenues of…

Paul Ausick · 13 years ago

Refinancings Rise as Mortgage Loan Rates Track Lower

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 1.8% in the group’s seasonally adjusted composite index following a rise of 0.2% for the previous…

Paul Ausick · 13 years ago

Global Consumer Confidence in First Quarter: No Surprises

ThinkstockThe Nielsen Global Survey of Consumer Confidence and Spending Intentions for the first quarter of 2013, shows that there is no unanimity in confidence among people around the world. People who are unhappy are unhappy…

Douglas A. McIntyre · 13 years ago

Yahoo! CEO Made How Much for Her First Year?

via Wikimedia CommonsThe media has information about how much money Yahoo! Inc. (NASDAQ: YHOO) CEO Marissa Mayer made last year, a sign of how difficult it is to report on compensation based on proxies.…

Douglas A. McIntyre · 13 years ago

Buffet Age a Concern at Berkshire Hathaway Annual Meeting

White House Photo by Pete SouzaApparently two things will dominate the upcoming Berkshire Hathaway Inc. (NYSE: BRK-A) annual meeting, where CEO Warren Buffett holds forth about his company, and almost anything else that is…

Douglas A. McIntyre · 13 years ago