Archive

Year: 2013

All Year: 2013 Articles

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Goldman Sachs Aims at New Yearly High on Earnings

Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported fourth-quarter and full-year 2012 results before markets opened this morning. The investment bank and financial services giant reported quarterly diluted earnings per share (EPS) of $5.60…

Paul Ausick · 14 years ago

J.P. Morgan Beats on Earnings, CEO Dimon Pay Cut in Half

Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) is seeing shares play a little give-back this morning after the largest bank by deposits has reported it fourth-quarter earnings as $5.3 billion. That came to…

Jon C. Ogg · 14 years ago

Mortgage Applications Rise Sharply Again

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a rise of 15.2% in the group’s seasonally adjusted composite index, following a rise of 11.7% for the previous…

Paul Ausick · 14 years ago

Comerica Results Just Okay

ThinkstockComerica Inc. (NYSE: CMA) reported fourth-quarter and full-year 2012 results before markets opened this morning. The financial services company reported diluted earnings per share (EPS) of $0.68 on net income of $130 million. In…

Paul Ausick · 14 years ago

Alibaba Prepares IPO to Raise $4 Billion

ThinkstockAlibaba, the preeminent e-commerce company in China, apparently has decided to have an initial public offering to raise as much as $4 billion. The decision probably is unrelated to the partial retirement of CEO and…

Douglas A. McIntyre · 14 years ago

Dell Buyout Could Happen Soon

courtesy Dell Inc.The private equity buyout of Dell Inc. (NASDAQ: DELL), about which investors were skeptical just two days ago, could happen soon. Rumors in the press suggest that the primary PE firm in…

Douglas A. McIntyre · 14 years ago

Analysts Deny That iPhone 5 Sales Have Dwindled

courtesy of Apple Inc.More and more analysts have taken a position counter to the one that says demand for the Apple Inc. (NASDAQ: AAPL) iPhone 5 has fallen. Rumors in the press indicated that…

Douglas A. McIntyre · 14 years ago

What’s Important in the Financial World (1/16/2013)

ThinkstockAlibaba Prepares IPO Alibaba, the preeminent e-commerce company in China, apparently has decided to have an initial public offering to raise as much as $4 billion. The decision probably is unrelated to the partial retirement…

Douglas A. McIntyre · 14 years ago

States With the Best and Worst School Systems

ThinkstockA new report has determined that the United States’ education system is improving. The bad news is that it still gets a C+. Click here to see states with the best schools Click here…

247sam · 14 years ago

Europe Car Sales Fall 16.3%; GM and Ford Battered

ThinkstockGeneral Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F), which have posted huge financial loses in Europe, face larger ones in 2013 that could swamp strong revenue from the United States. Passenger…

Douglas A. McIntyre · 14 years ago

Facebook Needs a Smartphone and a Search Engine

flickr / gsfcWall St. was not impressed by Facebook Inc.’s (NASDAQ: FB) new search capacity, which allows members to thumb through the activities and preferences of their “friends.” Investors probably believe that few members…

Douglas A. McIntyre · 14 years ago

World Bank Comes Late to Economic Growth Bashing

ThinkstockThe World Bank has issued an economic forecast for 2013 that bears substantial similarities to those issued earlier by other agencies, credit rating firms and bankers. The global economy will not recover based on…

Douglas A. McIntyre · 14 years ago