Archive

Year: 2013

All Year: 2013 Articles

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Model N Sets Up for Strong IPO Debut

ThinkstockInvestors always seem to be on the lookout for initial public offerings. The newest IPO coming to market is Model N Inc. (NASDAQ: MODN), with its revenue management software for tech and pharmaceutical companies,…

Jon C. Ogg · 14 years ago

Home Builder Lennar Posts Another Profit

ThinkstockLennar Corp. (NYSE: LEN) reported fiscal first-quarter results before markets opened this morning. The home builder reported quarterly diluted earnings per share (EPS) of $0.26 on revenues of $989.9 million. In the same period…

Paul Ausick · 14 years ago

General Mills: The Yogurt Machine Delivers

ThinkstockGeneral Mills Inc. (NYSE: GIS) reported fiscal third-quarter 2013 results before markets opened this morning. The food processing and packaged foods maker posted adjusted diluted earnings per share (EPS) of $0.64 on revenues of…

Paul Ausick · 14 years ago

FedEx Earnings Grounded, Forecast Cut

By Tkgd2007 at en.wikipedia , from Wikimedia CommonsFedEx Corp. (NYSE: FDX) reported fiscal third quarter 2013 results before markets opened this morning. The package delivery service reported adjusted diluted earnings per share (EPS) of…

Paul Ausick · 14 years ago

BlackBerry Scores Key Upgrade from Morgan Stanley

Courtesy Research in Motion Ltd.BlackBerry (NASDAQ: BBRY) is getting a key Wall St. analyst upgrade this Wednesday. Morgan Stanley raised the turnaround and still troubled smartphone maker to Overweight. What stands out is that…

Jon C. Ogg · 14 years ago

Mortgage Applications Continue to Drop

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decrease of 7.1% in the group’s seasonally adjusted composite index. That followed a drop of 4.7% for the…

Paul Ausick · 14 years ago

J.P. Morgan Management Downgrade: What’s the Point?

Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) suffered another blow to its reputation, as a government agency downgraded its rating of the financial firm’s management. What that means for the bank from a…

Douglas A. McIntyre · 14 years ago

South Korean Banks, Media Hacked

ThinkstockWorries have heightened again about unfriendly governments. The U.S. government has accused China of hacking American companies, and potentially parts of the federal government, as a mean to gather data or disrupt Internet operations. Now…

Douglas A. McIntyre · 14 years ago

Cyprus Still Being Pressed to Avoid Default

ThinkstockThe debate over what will happen to Cyprus quickened as a rescue by the European Union, European Central Bank and International Monetary Fund appeared to fall apart after the small country’s parliament rejected plans…

Douglas A. McIntyre · 14 years ago

What’s Important in the Financial World (3/20/2103)

ThinkstockJ.P. Morgan Management Downgrade J.P. Morgan Chase & Co. (NYSE: JPM) suffered another blow to its reputation, as a government agency downgraded its rating of the financial firm’s management. What that means for the…

Douglas A. McIntyre · 14 years ago

Why a New Dell Buyout?

courtesy Dell Inc.Financial firm Blackstone Group L.P. (NYSE: BX) may make a offer to take Dell Inc. (NASDAQ: DELL) private, an offer that would be higher than one from Michael Dell and Silver Lake. Such a…

Douglas A. McIntyre · 14 years ago

What Does a Car Recall in China Mean for VW?

ThinkstockVolkswagen has recalled 384,181 cars in China, including Golf, Magotan, Sagitar and Audi A3 models. Bloomberg reports that the cost of this action to VW will be more than $600 million. The more important issue…

Douglas A. McIntyre · 14 years ago