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Year: 2013

All Year: 2013 Articles

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Change at the Top in Daily Newspaper Circulation Wars

ThinkstockAs of last September, the daily newspaper with the highest average circulation was The Wall Street Journal, with a combined print and digital circulation of 2.29 million. USA Today claimed 1.71 million and The…

Paul Ausick · 13 years ago

ISM Sees U.S. Escaping Recession in 2013, Growth to Continue

ThinkstockThe Institute for Supply Management (ISM) is out with a preliminary report, which calls for the United States not to fall into recession. Today’s report is on the heels of a weaker-than-expected Chicago Purchasing Managers…

Jon C. Ogg · 13 years ago

More Favorable Ratings Agency Action for Apple Bonds

ThinkstockJust yesterday we saw a report from Fitch Ratings showing that Apple Inc. (NASDAQ: AAPL) likely would be rated in the single-A corporate credit ratings. The report seemed very harsh, considering Apple’s dominance and…

Jon C. Ogg · 13 years ago

Home Foreclosure Decline Continues in March — CoreLogic

ThinkstockIn the month of Martch, 55,000 U.S. homes were foreclosed, more than a revised total of 52,000 in February and down from 66,000 in March 2012, according to research firm CoreLogic Inc. (NYSE: CLGX).…

Paul Ausick · 13 years ago

Pfizer Earnings Miss Follows Amgen: Is Merck Next?

ThinkstockDrug giant Pfizer Inc. (NYSE: PFE) this morning reported adjusted earnings and revenues that missed analysts estimates, and the stock is down more than 3%. Last week competitor Amgen Inc. (NASDAQ: AMGN) also missed…

Paul Ausick · 13 years ago

Consumer Confidence Shows Surprising Surge Higher

ThinkstockEconomic readings are generally coming in weaker than expected, and you have to wonder how well the unemployment and payrolls report can come in this Friday. We have just seen a weaker-than-expected Chicago Purchasing…

Jon C. Ogg · 13 years ago

Chicago PMI Contracts: Weak ISM and Payrolls Next?

ThinkstockThe Chicago Purchasing Managers Index for the month of April came out as recessionary, or in contraction. This is yet another regional economic report confirming that weakness is ruling the roost. Overall the index fell…

Jon C. Ogg · 13 years ago

Martha Stewart Earnings Go to Hell, New CEO Needed

ThinkstockThe first-quarter results for Martha Stewart Living Omnimedia Inc. (NYSE: MSO) could not have been worse. The company desperately needs a new chief executive to take both the firm and Martha Stewart herself in…

Douglas A. McIntyre · 13 years ago

House Prices Continue Upward Pace

ThinkstockThe S&P/Case-Shiller home price index for February was higher for the 11th consecutive month. The 20-city composite rose 9.3% year-over-year, more than the consensus estimate for a gain of 9%, and above the January…

Paul Ausick · 13 years ago

Merrill Lynch Picks Top MLPs with Higher Payouts

ThinkstockOver the course of this year we have written at great length on master limited partnerships (MLPs) and the potential for investors to receive solid total returns from these stocks. Year to date, the…

Jon C. Ogg · 13 years ago

Employment Costs Rise Less Than Expected in First Quarter

ThinkstockThe U.S. Employment Cost Index in the first quarter of 2013 is looking very tame, and the so-called wage inflation is running very low. The Labor Department showed that the first-quarter benefits and pay…

Jon C. Ogg · 13 years ago

Spanish GDP Contracts 0.5% in First Quarter

ThinkstockSpain’s Instituto Nacional de Estadística (INES) reported this morning that the country’s gross domestic product (GDP) shrank 0.5% sequentially in the first quarter of 2013, the seventh consecutive quarter of falling GDP in the…

Paul Ausick · 13 years ago