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What’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…

Douglas A. McIntyre · 14 years ago

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…

Douglas A. McIntyre · 14 years ago

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…

Paul Ausick · 14 years ago

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…

Paul Ausick · 14 years ago

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…

Paul Ausick · 14 years ago

Today’s Market Winners and Losers

Photo by Spencer Platt/Getty ImagesThe stock market is down Wednesday, with the Dow Jones Industrial Average down 0.26%, the Nasdaq down 0.35% and the S&P 500 down 0.22%. Today’s winners include a paper company…

247sam · 14 years ago

3M Only the First of Many Coming DJIA Dividend Hikes

In case you missed it, 3M Co. (NYSE: MMM) became the most recent Dow Jones Industrial Average member to boost its dividend. It also raised its share buyback ambitions. Investors should be aware that…

Jon C. Ogg · 14 years ago

A Crippling Blow to Facebook?

courtesy of Facebook Inc.One of the strengths of Facebook Inc. (NASDAQ: FB), perhaps second to its one billion users, is the amount of time people spend on the social network. That length of time…

Douglas A. McIntyre · 14 years ago

What’s Important in the Financial World (2/6/2013)

ThinkstockHackers Hit the Fed Hackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to The Wall…

Douglas A. McIntyre · 14 years ago

Media Digest (2/6/2013) Reuters, WSJ, FT

courtesy of Facebook Inc.Liberty Global Inc. (NASDAQ: LBTYA) will buy U.K. cable firm Virgin Media Inc. (NASDAQ: VMED) for $15.75 billion. (Reuters) Royal Bank of Scotland Group PLC (NYSE: RBS) expects LIBOR penalties in the hundreds…

Douglas A. McIntyre · 14 years ago

Zynga Plasters Revenue Estimate, Shares Climb

courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) closed up 7% ahead of earnings today, following a rating change to Buy from analysts at BofA/Merrill Lynch. Now we have the earnings, and the fourth quarter’s results…

Paul Ausick · 14 years ago