U.S. Stock Futures Jump on Fiscal Cliff Deal
thinkstockLast night’s passage of a deal on the fiscal cliff in the U.S. House of Representatives has lit a fire under stock futures this morning. The DJIA is up more than 160 points (about…
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Year: 2013
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Newest first · Page 470Boeing Outsells Airbus in 2012, Faces More Inspections
courtesy Boeing Co.If all that Boeing Co. (NYSE: BA) had to do was build and sell airplanes, 2012 would go down as the biggest success ever. The company is expected to have delivered 585…
Avis Pays $500 Million for Zipcar
ThinkstockThe popular with consumers and expensive for the company short-term car rental business got a boost today. Avis Budget Group Inc. (NASDAQ: CAR) announced this morning that it has agreed to acquire Zipcar Inc.…
Hewlett-Packard Plans to Sell Assets, Keep PC Business
courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) has filed its 10-K, and among its top disclosures was that the troubled tech company may sell some of its assets. Actually, the comments should not surprise anyone.…
Eurozone Manufacturing Sector Ends Year in Steep Downturn
ThinkstockMarkit issued its year-end eurozone PMI data. The summary of the report: Data collected 5–14 December. • Final Eurozone Manufacturing PMI at 46.1 in December (flash estimate 46.3) • Downturn remains widespread, with all nations bar…
Hyundai Sees Sales Cooling in 2013
courtesy of Kia MediaHyundai Motor, which owns the Hyundai and Kia brands, has had the hot hand in the global auto market. But the company said its prospects will cool considerably in 2013. This…
What’s Important in the Financial World (1/3/2013)
ThinkstockHP Asset Sales Hewlett-Packard Co. (NYSE: HPQ) has filed its 10-K, and among its top disclosures was that the troubled tech company may sell some of its assets. Actually, the comments should not surprise…
DJIA 2013: Best Targets Imply More Than 11% Gain to 14,590 (AA, BAC, CVX, GE, HD, HPQ, INTC, JPM, MMM, UTX, KO, MCD, MRK, PFE, MSFT, PG, T, VZ, UNH, WMT, XOM)
As each new year arrives, 24/7 Wall St. looks at each of the 30 Dow Jones Industrial Average components and assigns a forward value for the Dow based on a mixed methodology. We have…
Forecasts for 2014
Most of the forecasts for the economy and stock markets for 2013 are in. Now that the fiscal cliff has been avoided, and the debt cap debate has moved until the end of the first…
Three-Quarters of World’s Leaders on Twitter
courtesy of the White HouseThe Digital Policy Council released it annual report on which world leaders are on Twitter. The data show: Analyses as of December 2012 reveals that 75%, or three out of…
The 2013 Consumer Electronics Show
ThinkstockThe world’s largest collection of tech and electronics companies will hit Las Vegas next week, along with more than 100,000 people who will come to look at the next generation of consumer electronics. It…
Media Digest (1/2/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of YouTubeThe U.S. House of Representatives passes a bill to avoid the fiscal cliff but leaves open issues about the debt cap. (Reuters) Reports from several large nations in Asia show manufacturing up…