Archive

Year: 2013

All Year: 2013 Articles

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A Lesson in Irony: Moody’s Downgrades S&P Parent

ThinkstockIn what could turn out to be one of those pot-calling-the-kettle-black moments, Moody’s Corp. (NYSE: MCO) ratings agency Moody’s Investors Service yesterday cut the debt rating of The McGraw-Hill Companies Inc. (NYSE: MHP) two…

Paul Ausick · 14 years ago

Tiffany Launches Legal Tiff with Costco

ThinkstockOne of the world’s leading luxury brand has filed a suit against one of the world’s largest discount retailers over allegedly false claims on engagement rings. Tiffany & Co. (NYSE: TIF) is suing Costco…

Paul Ausick · 14 years ago

Burger King Shares Jump on Solid EPS, Revenue Beat

ThinkstockBurger King Worldwide Inc. (NYSE: BKW) reported fourth-quarter and full year 2012 results before markets opened this morning. For the quarter, the fast-food operator posted adjusted diluted earnings per share (EPS) of $0.23 on…

Paul Ausick · 14 years ago

Kraft Foods Chops Q4 Outlook, Raises 2013 Guidance

ThinkstockBefore markets opened this morning, Kraft Foods Group Inc. (NASDAQ: KRFT) announced major cuts to its fourth quarter 2012 financial guidance. Kraft is the stodgy bit of the former Kraft Foods, with brands like…

Paul Ausick · 14 years ago

An IRS Warning About Choosing Tax Preparers

ThinkstockThe IRS has decided to state the obvious. If someone other than yourself prepares your taxes, make sure the person (or firm) is not a fake, fraud or dishonest. In an announcement, the agency’s…

Douglas A. McIntyre · 14 years ago

A Building Wave of Mergers and Acquisitions?

ThinkstockFinancial reporters and editors at The New York Times believe that the Warren Buffett takeover of H.J. Heinz Co. (NYSE: HNZ), as well as leverage buyout deals like the pending one for Dell Inc.…

Douglas A. McIntyre · 14 years ago

Companies With the Best (and Worst) Reputations

courtesy of the Walt Disney Co.No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a recent survey…

Mike Sauter · 14 years ago

24-Hour Stock Trading

Frank Golhen, via Wikimedia CommonsNasdaq OMX Group Inc. (NASDAQ: NDAQ) has asked the Securities and Exchange Commission to allow it to process trades as early at 4 a.m. Although some U.S. equities are traded…

Douglas A. McIntyre · 14 years ago

Taking J.C. Penney Private

courtesy J.C. Penney Co. Inc.Now that nearly every public company in trouble appears to be a potential target for a leveraged buyout (LBO), J.C. Penney Co. Inc. (NYSE: JCP) has a chance to restructure…

Douglas A. McIntyre · 14 years ago

HP Soars as PC World Implodes

courtesy of Hewlett-PackardWall St. must see something in Hewlett-Packard Co. (NYSE: HPQ) that has been missing for years. HP shares have risen 30% over the past three months, despite a string of bad news…

Douglas A. McIntyre · 14 years ago

What’s Important in the Financial World (2/15/2013)

ThinkstockAn IRS Warning The IRS has decided to state the obvious. If someone other than yourself prepares your taxes, make sure the person (or firm) is not a fake, fraud or dishonest. In an…

Douglas A. McIntyre · 14 years ago

Media Digest (2/15/2013) Reuters, WSJ, NYT, FT, Bloomberg

thinkstockThe Buffett buyout of H.J. Heinz Co. (NYSE: HNZ) may usher in a new age of M&A. (Reuters) Large hedge funds sell off shares of Apple Inc. (NASDAQ: AAPL). (Reuters) Apple’s search technology suit…

Douglas A. McIntyre · 14 years ago