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Year: 2013

All Year: 2013 Articles

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Mining Call: Three to Five Year Challenges Awaiting New CEOs

ThinkstockInvestors of BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RIO) have taken a beating along with many other mining investors in recent days. There is an interesting multi-year outlook piece around new CEOs and the…

Jon C. Ogg · 14 years ago

Mortgage Delinquencies, Foreclosures at Multiyear Lows

ThinkstockThe delinquency rate for mortgage loans fell to its lowest level since 2008 at the end of the fourth quarter of 2012. The seasonally adjusted delinquency rate of 7.09% was down 31 basis points…

Paul Ausick · 14 years ago

Solar PV Growth Stalled in 2012

ThinkstockFor the first time in a decade, global solar photovoltaic (PV) demand grew by less than 10%. Installations totaled 29,000 megawatts of solar PV in 2012, up just 5% from 27,700 megawatts in 2011.…

Paul Ausick · 14 years ago

Analysts with $1,000 Google Calls — Perhaps a Jinx

courtesy of Google Inc.Wall St. analysts take a beating sometimes, and they are praised at other times. The lessons of the endless chasing of Apple Inc. (NASDAQ: AAPL) with higher and higher analyst price targets…

Jon C. Ogg · 14 years ago

VeriFone Investor Betrayal 2.0

ThinkstockIf you think you’ve seen this movie before, well, you have. VeriFone Systems Inc. (NYSE: PAY) is replaying the scenario the company rehearsed more than two years ago when the stock price plunged by…

Paul Ausick · 14 years ago

Big Inventory Boost Sends Crude Price Tumbling

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 4.1 million barrels last week, bringing the total U.S. commercial crude inventory to 376.4…

Paul Ausick · 14 years ago

Natural Gas Prices Rise Following Inventory Data

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 127 billion cubic feet last week, slightly higher than the decline of 122 billion cubic feet anticipated by analysts.…

Paul Ausick · 14 years ago

Existing Home Sales Rise Slightly, Prices Follow

ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in January rose 0.4% to 4.92 million from a downwardly revised total of 4.9 million in December.…

Paul Ausick · 14 years ago

Boston Beer Valuation Concerns Grow with Earnings

ThinkstockThe world of beer stocks is not that large any longer, and there really are not enough players to evaluate as a real public investable sector. Boston Beer Co. Inc. (NYSE: SAM) has grown…

Jon C. Ogg · 14 years ago

Safeway’s Results Send Shares Sharply Higher

ThinkstockSafeway Inc. (NYSE: SWY) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the grocery store chain posted adjusted diluted earnings per share (EPS) of $0.94 on revenues of…

Paul Ausick · 14 years ago

Survey: Retail Sales Hit Hard by Tax Change

ThinkstockThe January expiration of the 2% temporary cut in payroll taxes is beginning to exact its toll on the U.S. economy. A recent survey from the National Retail Federation (NRF) confirms what everyone suspected…

Paul Ausick · 14 years ago