Games: The Killer App for Mobile
courtesy of Apple Inc.Mobile games are by far the most popular apps in both number of downloads and revenue for mobile device makers. Game downloads for the iPhone and iPad from Apple Inc. (NASDAQ:…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 63Did Gold Really Add Over $210 Billion to the Global Economy in 2012?
ThinkstockThe World Gold Council is obviously a pro-gold group, but they frequently offer great insight into the world of gold. We even noticed that at the start of 2013, their report was full of…
Hot IPO for Chinese Classified Ad Company 58.com
ThinkstockA Chinese firm often referred to as the Craigslist of China, 58.com Inc. (NYSE: WUBA) sold 11 million American Depositary Shares (ADS) in its initial public offering Thursday morning at an IPO price of…
Home Foreclosure Pace Begins to Slow
ThinkstockIn the month of September, 51,000 U.S. home foreclosures were completed. That was down 0.7% from a revised total of about 51,000 in August and down 39% from 84,000 in September 2012, according to…
Alcatel-Lucent Turnaround Seems to Be on Track
ThinkstockImproving gross margins and cost savings are driving a turnaround at Alcatel-Lucent (NYSE: ALU). The networking equipment maker said earlier in October that it would cut 10,000 workers and make other changes that the…
Natural Gas Supply Weighs on Price
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 38 billion cubic feet for the week ending October 25. That compared with an expected build of about…
Expedia Flies High on Results
ThinkstockAfter markets closed on Wednesday, Expedia Inc. (NASDAQ: EXPE) reported third-quarter adjusted earnings per share (EPS) of $1.43 on revenues of $1.40 billion. The online travel company’s revenues rose 17% compared with the same…
Was Visa Added to the DJIA at Its Peak? Relevance Versus IBM and Others
ThinkstockVisa Inc. (NYSE: V) was among the most recent additions to the Dow Jones Industrial Average (DJIA). It is obviously a systemic measurement of credit card use globally, but it is now also the…
Ariad Going to Hell in a Handbasket
ThinkstockThings just keep getting worse for Ariad Pharmaceuticals Inc. (NASDAQ: ARIA). In fact, a series of shareholder revolts are probably in the works here after yet another massive drop on news that it is…
Business Credit Hits 2013 High, Signals Strong 2014
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertOctober was a very strange month for business and government alike. The federal government shutdown ground down many operations to a stall or outright closure. It…
Time Warner Cable Continues to Lose Subscribers
Wikimedia CommonsTime Warner Cable Inc. (NYSE: TWC) reported third-quarter 2013 results before markets opened Thursday morning. The cable operator posted adjusted diluted earnings per share (EPS) of $1.69 on revenues of $5.52 billion. In…
Weekly Jobless Claims Looking Better, and Normalized
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department may be delaying its unemployment report a few days late after the federal government shutdown, but we are still getting to see the weekly jobless claims…
Avon Earnings Point to Serious Problem
ThinkstockAvon Products Inc. (NYSE: AVP) reported third-quarter 2013 results before markets opened Thursday morning. The beauty products maker posted a diluted earnings per share (EPS) loss of $0.01 on revenues of $2.32 billion. In…
UBS Sees High-Yield Dividend Laggards Ready to Lead the Market Higher
ThinkstockHistory shows that years following sub-2% GDP growth tend to be good for stocks, but near-term exuberance, with investors focusing again on momentum stocks, could signal a pause after the big rally from October 9.…
Exxon Mobil Delivers on Earnings and Revenue
Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) is out with its third-quarter earnings. This company staggers its release by sending it to newswires before releasing its formal press release, which always makes for an interesting…