Cypriot Parliament to Weigh In on Bank Account Tax
ThinkstockThe parliament in Cyprus may block the government’s attempt to seize money from the savings accounts of its citizens as a way to raise money to get access to bailout funds. If so, the…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 351Samsung Is Working on a Smartwatch Too
courtesy of Apple Inc.Wherever Apple Inc. (NASDAQ: AAPL) goes, Samsung is never far behind it. The South Korean company said it will build and market a smartwatch, just as Apple is rumored to be…
Fracking, North Dakota and U.S. Economic Explosion
ThinkstockIf every state in the Union was like North Dakota, the American economy would be growing as fast as China’s. The state’s numbers were stunning, a promise, perhaps, for states that have new-found shale…
Europe Car Sales Spell Doom for GM
courtesy of General MotorsNew car sales research from Europe shows that General Motors Co.’s (NYSE: GM) fortunes in the region have gotten much worse. Its decade-old string of losses is guaranteed to continue. Whatever…
America, a Nation Where People Work Until They Die
ThinkstockThe Employee Benefit Research Institute released a study that shows what almost everyone already knows. Americans have too little money to retire, and they know it. The solution is not quite as clear as the…
What’s Important in the Financial World (3/19/3013)
ThinkstockCorporate Cash Piles Up The debate over how America’s largest companies use cash will pick up again. Moody’s Investor Services released a study that forecasts how big the cash balances will be at some of…
Media Digest (3/19/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of Facebook Inc.BlackRock Inc. (NYSE: BLK) will lay off 300 people. (Reuters) Electronics Arts Inc. (NASDAQ: EA) chief executive departs as the firm missed earnings. (Reuters) Intel Corp. (NASDAQ: INTC) ramps up hiring…
Seven States With No Income Tax
As the deadline for tax season approaches, the residents of seven states are going to have one less thing to worry about than the rest of the country. People who live and file taxes…
Smith & Wesson Files to Raise up to $250 Million in New Capital
Smith & Wesson Holding Corp. (NASDAQ: SWHC) may be lining up its finances to raise more buffer capital as it enters into a part of its business cycle that is likely going to be…
Meredith Whitney Jumps Back on BofA to Grab the Bull by the Horns
Bank of America Corp. (NYSE: BAC) may have a more bold cheerleader in Dick Bove’s call that BofA’s common stock is still going back up to $30 in the next two or three years.…
EA Wants New Blood to Turn Its Ship Around
courtesy of NvidiaElectronic Arts Inc. (NASDAQ: EA) is going to see if a new chief executive officer will get its growth fortunes back on track. The video game giant has now confirmed that CEO John…
Market Close: Big Winners & Losers for March 18, 2013 (CHRY, ATOS, NYMX, PRWT, ULTR, AMBO, EFUT, CNET, PTX, LDK)
thinkstockHere are today’s five biggest gaining stocks at closing: Chyron Corp. (NASDAQ: CHYR) is up 25.7% at $1.32. Atossa Genetics Inc. (NASDAQ: ATOS) is up 23.2% at $9.12. Nymox Pharmaceutical Corp. (NASDAQ: NYMX) is…
24/7 Wall St. Closing Bell — March 18, 2013: Markets Slide on Cyprus Woes (KMB, VZ, RGLD, ACI, HPQ, SYNM, CLSN, HSOL, HAST, KIOR, FF, SBLK, FDS, CTAS, GLUU, JCP, NOK, BBRY)
U.S. equity markets opened lower this morning following a weekend of confusion over the proposed solution to the banking problem in Cyprus. It’s not that Cyprus claims a particularly large banking system, but the…
Janney Outlines Possible Spillover from Cyprus
ThinkstockThis morning we went on record calling the European proposal to make depositors face a Cyprus bailout tax on their bank deposits as being nothing short of theft. A levy, tax, fee, or any…
More Pressure for Changes to Pay TV
thinkstockWe’ve been following for some time now the jockeying for position that has been going on in the entertainment industry. The past weekend brought a new offer from Verizon Communications Inc. (NYSE: VZ), another…