All Eyes on FOMC Meeting, Irony or Paradox?
ThinkstockThe October 29 to 30 Federal Open Market Committee policy meeting is one which may be a bit of a paradox, or at least one full of irony. It is easy to assume that…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 69Merck Sets Low Earnings Bar for Pfizer
The drug patent cliff for Big Pharma is coming with some continued consequences, and two drug giants with earnings this week are Dow Jones Industrial Average components. Merck & Co. (NYSE: MRK) reported earnings on…
Facebook Shares Cooling Off as Twitter Roadshow Begins?
Courtesy Facebook Inc.When Facebook Inc. (NASDAQ: FB) reports third-quarter earnings on Wednesday it is expected to post earnings per share (EPS) of $0.19 on revenues of $1.91 billion. The EPS estimate is equal to…
Multibillion Coal Mine Sale, Value Hard to Recreate Among Rivals
ThinkstockCONSOL Energy Inc. (NYSE: CNX) announced Monday morning the sale its Consolidation Coal Company (CCC) subsidiary to a subsidiary of privately held Murray Energy Corp. for $3.5 billion. In addition to the five West…
Four Companies That Easily Could Run the Healthcare.gov Sign-Up Process
Healthcare.govSince the passage of the Affordable Care Act, or Obamacare, the launch has been riddled with problems. Accessing the sign-up page, poor Web design, untested and inept technology, and endless attacks on how the…
Will Apple Earnings Miss or Beat Expections?
courtesy of Apple Inc. Updated 1:15 p.m. EST: Twitter Speculation on Apple Earnings Updated 12:55 p.m. EST: If Apple has a bad earnings reception, the stock is trading above key technical levels. Its 50-day moving…
The Questionable Dendreon Buyout Incentive
Dendreon Corp. (NASDAQ: DNDN) is by almost all measurements nothing short of a total failure of a biotech or biohealth stock. Despite having a solid prostate cancer treatment in Provenge, which actually was approved by…
Burger King Slashes Costs as Revenues Shrink
ThinkstockBurger King Worldwide Inc. (NYSE: BKW) reported third-quarter 2013 results before markets opened Monday morning. The fast-food operator posted adjusted diluted earnings per share (EPS) of $0.23 on revenues of $275.1 million. In the…
Analyst Sees More Than 50% Upside in Petrobras
ThinkstockPetroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is one of the more actively traded ADRs in the integrated oil and gas plays out there. It has many investors who have chased the prizes of…
Russia’s Diamond IPO Is a Bust
ThinkstockMore than two years ago the Russian government announced that it would sell 20% to 25% of its state-owned diamond mining company, Alrosa, in an initial public offering (IPO). Originally the offering would have…
Top Analyst Upgrades and Downgrades: ARM, Crocs, GE, NOV and More
Jon OggEarnings season is in full swing and equities are challenging new highs almost daily. Traders and investors are looking for stocks to buy and for ideas on which stocks to sell. 24/7 Wall…
Merck Continues to Face Revenue Challenges
ThinkstockDrug giant Merck & Co. Inc. (NYSE: MRK) reported third-quarter 2013 results before markets opened Monday morning. The company posted adjusted diluted earnings per share (EPS) of $0.92 and revenues of $11.03 billion. In…
AMC Networks to Buy Liberty Global Assets for $1 Billion
ThinkstockAMC Networks Inc. (NASDAQ: AMCX), which brought you “Breaking Bad,” “Mad Men” and “The Walking Dead,” said Monday it has agreed to buy Chellomedia, the international content unit of Liberty Global PLC (NASDAQ: LBTYA),…
Dramatic Rise in Mobile Use by Toddlers in the U.S.
Courtesy Tesco plcIn this increasingly digital age, is it really any surprise that American toddlers and infants now spend more than twice as much time with tablets or other mobile devices that they do…
A New Rise in Global Mergers/Buyouts
courtesy of Verizon WirelessMergers and acquisitions (M&A) sometimes can be an excellent measure of the economy’s financial health. However, since there is a great deal of evidence that most M&A results are failures, a…