The Cities Where Americans Don’t Feel Safe
ThinkstockAccording to polling service Gallup, 72% of Americans surveyed in 2012 said they felt safe walking home at night. This is a slight uptick from 2011, when 71% of respondents said they felt safe.…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 321American Economic Confidence Holds Its Own
Frank Golhen, via Wikimedia CommonsDespite higher payroll taxes, a stalled employment situation, worry about the federal budget and persistent evidence that the economic recovery is halting at best, Americans continue to be relatively sanguine…
Xerox Gives CEO Big Pay Package for Failure
courtesy of XeroxThe board of directors of Xerox Corp. (NYSE: XRX) gave Chairman and Chief Executive Officer Ursula M. Burns a pay package worth $13,070,245 for her 2012 performance. The figure would be good…
What Is Important in the Financial World (4/9/2013)
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertChina’s Mild Inflation China released inflation data for March, and the numbers received mixed reviews. One set of analysts believes that a lack of price increases…
Just How Bad Is J.C. Penney’s New CEO? Awful
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc.’s (NYSE: JCP) Myron E. (Mike) Ullman III began the ruin of the retailer that his successor as chief executive, Ron Johnson, who was just fired, continued.…
Media Digest (4/9/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of YouTubeJ.C. Penney Co. Inc.’s (NYSE: JCP) board faces criticism for firing CEO Ron Johnson and replacing him with the predecessor who cause some of the retailer’s problems. (Reuters) Ford Motor Co. (NYSE:…
Ron Johnson Out as J.C. Penney CEO, Focus Now on the Dirt Under Stores
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) has apparently just tossed Ron Johnson out as the CEO. CNBC reported a source saying that Johnson is out as CEO. This retailer was a…
Market Close: Big Winners & Losers for April 8, 2013 (LUFK, JKS, MGT, PRMW, SUTR, GAI, BVA, CCUR, SABA, MNGA)
thinkstockHere are today’s five biggest gaining stocks at closing: Lufkin Industries Inc. (NASDAQ: LUFK) is up 37.6% at $87.96. JinkoSolar Holding Company Ltd. (NYSE: JKS) is up 20.5% at $5.00. MGT Capital Investments Inc.…
Alcoa Kicks Off Earnings Season with a Thud
ThinkstockAlcoa Inc. (NYSE: AA) has just kicked off earnings season for the companies reporting their first quarter earnings this April. The aluminum giant usually holds off on formal guidance until its conference call, so the…
24/7 Wall St. Closing Bell — April 8, 2013: Markets Recover from Early Losses to Close Higher (JNJ, VALE, LLL, RBCN, MTN, AA, AMD, MSFT, WFT, MTG, LUFK, GE)
U.S. equity markets opened lower this morning but all three major indexes managed to pull off small gain by the end of the trading session. In Asia, Japan’s 10-year bond futures are up sharply…
If You Can’t Win in Court, Take Your Broadcast Network to Cable
ThinkstockBroadcast TV networks have failed twice to get the courts to stop a start-up called Aereo Inc. from capturing the networks’ broadcast signal on an antenna leased to a subscriber and then piping a…
Looking Ahead to March Retail Sales Reports
Many retailers will be reporting March same-store sales later this week, and the outlook is not pretty. According to research firm Retail Metrics, same-store sales will rise just 1.6% year-over-year in March. Cold weather…
The Housing Recovery According to Fannie Mae
ThinkstockThe pick-up in house prices continues offer encouragement to Americans that it will continue according a recent survey by Fannie Mae. The results appear to contradict a survey released last week by the MacArthur…
SeaWorld IPO Getting Much Larger
The planned initial public offering of SeaWorld Entertainment Inc. is about to get a lot larger than previous estimates. The operator of SeaWorld, Shamu and Busch Gardens brands now plans to raise as much…
Bank of America Likes Seven Mega-Caps as Market Pullback Risks Rise
Frank Golhen, via Wikimedia CommonsThe research team at Bank of America Corp.’s (NYSE: BAC) Merrill Lynch is out looking for the market strength to continue. Keep in mind that this is not in a…