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Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

courtesy of AOL, IncHewlett-Packard Co. (NYSE: HPQ) raises its financial forecast and shares soar. (Reuters) The European Union may allow Greece more time to reach its budget targets. (Reuters) After a number of attacks…

Douglas A. McIntyre · 13 years ago

China PMI Contracts, Hits 49.6

ThinkstockPerhaps China’s economy has started to move toward recession. New purchasing managers index data certainly shows the its manufacturing data has signaled a contraction. The cause may be the collapse of Europe, or perhaps…

Douglas A. McIntyre · 13 years ago

Nikkei Collapses 7.3%

ThinkstockThe Nikkei dropped a remarkable 7.3% after weeks of record-setting days. Two days ago the Bank of Japan said the Japanese economy was “picking up.” Now, suddenly there will be grave doubts about the…

Douglas A. McIntyre · 13 years ago

The ChannelAdvisor IPO Has Arrived, Strongly

ChannelAdvisor Corp. (NYSE: ECOM) has now announced the pricing and details of its initial public offering. ChannelAdvisor provides cloud-based e-commerce solutions that enable retailers and manufacturers to integrate, manage and optimize their merchandise sales…

Jon C. Ogg · 13 years ago

ETF Focus: Share Repurchases Keep Outperforming Dividends

When it comes to returning capital to shareholders, companies generally choose to pay dividends or to start share buyback plans. Many companies do both, but the real question to ask is which method of returning…

Jon C. Ogg · 13 years ago

Boeing, Google Among Top Hedge Fund Holdings

A look at which stocks the top 50 hedge funds own, without any need for comment (via Factset): The 50 largest hedge funds increased their equity exposure by over 5% in Q 1 2013…

Douglas A. McIntyre · 13 years ago

Recession in Italy Doubles Its Deprived Population

ThinkstockItaly’s statistics bureau has issued a report on just how badly a recession has crippled its population. According to World Bulletin: Millions of Italians cannot afford to heat their homes properly or eat meat…

Douglas A. McIntyre · 13 years ago

SAC Capital Advisors and Steven Cohen May Face RICO Charges

ThinkstockThe Justice Department may hit SAC Capital Advisors and its founder Steve Cohen with the most brutal prosecution tactic possible, as far as tools for securities fraud go. According to the Wall Street Journal:…

Douglas A. McIntyre · 13 years ago

States Sending the Most Goods to China

Courtesy Maersk LineOver the past decade, U.S. exports to China have grown at an annual rate of nearly 17% each year. In 2012 alone, the 50 states shipped more than $100 billion worth of…

Mike Sauter · 13 years ago

Intel (INTC) CEO Takes Over Mobile Group

ThinkstockIn a brief filing by Intel Corp. (NASDAQ: INTC) to the Securities and Exchange Commission meant primarily to highlight the compensation package of new CEO Brian M. Krzanich, there was some small print about…

Douglas A. McIntyre · 13 years ago