State Employment Improvement — the Rich Get Richer
Ed Brown, via Wikimedia CommonsState unemployment can only improve so much if the states with the highest jobless rates do not have a turnaround in hiring, obviously. So far, that has not been the…
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Year: 2013
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Newest first · Page 413What’s Important in the Financial World (2/7/2013)
White House Photo by Pete SouzaStaggering iTunes Sales iTunes song sales have reached a number that is more than three times the world’s population. Apple Inc. (NASDAQ: AAPL) has reinvented the music distribution, but…
Media Digest (2/7/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of NetflixBrief government spending cuts brought on by disagreements in Congress could badly hurt the economy. (Reuters) Earnings at Time Warner Inc. (NYSE: TWX) and News Corp. (NASDAQ: NWSA) are fueled by cable…
Visa Beats Estimates but Gets No Glory
ThinkstockVisa Inc. (NYSE: V) reported first-quarter fiscal 2013 results after the markets closed today. Adjusted earnings per share (EPS) were $1.93 on revenues of $2.85 billion. In the first quarter of 2011, the credit…
Green Mountain Coffee Faces Firing Squad on Not-Bad Guidance
ThinkstockGreen Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is showing good results on the surface for its first fiscal quarter of 2013. Revenue grew 16% and free cash flow was listed as $254 million. Some 4.6…
24/7 Wall St. Closing Bell — February 6, 2013: Markets Waver With Little New Data to Chew On (FSLR, JCP, WFC, ACI, ITRI, CMG, EXPE, GNW, TTWO, DIS, ZNGA, CVS, MRO, NUS, RL, SYT, TWX, FMC, GMCR, IACI, TSO, V, YELP, ALU, BG, CI, MWW, NYT, PM, S, TEVA, BCC, GDP, VOCS)
U.S. equity markets opened lower this morning before bouncing into positive territory briefly and then turning south again. As happened yesterday, the focus was on Europe, where Italy’s oldest bank was expected to reveal…
One More “Less Bad” Outlook for Europe and 2013 GDP Recovery
thinkstockNed Davis Research has keyed in on Europe, joining in the long line of economic outlooks for 2013. The news is good for those who want some resolution and recovery in Europe. It is…
World Bank Issues Commodities Outlook
thinkstockThe World Bank has just released its latest Commodity Market Outlook and the short version of the report is that commodity prices should “ease marginally” this year. But as the report notes in its…
Dear BlackBerry: What Does “Best Day Ever” Really Mean?
Courtesy Research in Motion Ltd.BlackBerry (NASDAQ: BBRY) has just issued an odd press release via MarketWire on Wednesday. The claim is that BlackBerry’s new phone launch was the best day ever in Canada. It also…
European Natural Gas Trading Gains Some Transparency
thinkstockIn the wake of the rate-rigging scandal with Libor rates, the G20 group of nations has been trying to reform the way benchmark prices are set in the energy business. Last September, a multinational…
The Top Dividend Yields from the BofA/Merrill Lynch Model Portfolio Changes
Bank of America/Merrill Lynch has made some key changes to its various US research portfolios over the last 30 days. In a research change summary the bulge-bracket firm summarized its changes for capital preservation,…
Tablets Now Comprise One-Third of All PC Shipments
courtesy of Apple Inc.The cannibalization of the PC market caused by the overwhelming popularity of tablet devices might be even greater than you think. According to the latest data from analyst firm Canalys, one-third…
Windows Phone Now Number 3 Smartphone Platform
courtesy of Nokia Corp.In a battle that has really just been joined for the third best-selling smartphone platform, Windows Phone from Microsoft Corp. (NASDAQ: MSFT) has wrestled away third place from the precursor to…
More Evidence of the Death of Video Game Retail Stores
courtesy GameStop Corp.Microsoft Corp. (NASDAQ: MSFT) is turning a gun on the retail video game model, and this will crush GameStop Corp. (NYSE: GME), if the preliminary news about specs on the new Xbox…
Emerging Market Growth Picks Up
ThinkstockThe latest reading from the HSBC Emerging Markets Index shows that the index rose from 53 in December to 53.9 in January, the best reading since February 2012 and within shouting distance of the…