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

ThinkstockSony Corp. (NYSE: SNE) cuts forecasts for game console margins for the next several years. (MarketWatch) Sony also cuts targets for smartphones and camera sales. (Reuters) A complex Irish tax loophole helps Apple Inc.…

Douglas A. McIntyre · 13 years ago

Facebook Use Falters Among Teens as Twitter Use Rises — Pew

courtesy of Facebook Inc.Periodically, new research shows that use and consumer “engagement” with Facebook Inc. (NASDAQ: FB) has fallen and is usually replaced by time people spend on some alternative social media. If all…

Douglas A. McIntyre · 13 years ago

Pension Plan Benefits Flow to Wealthier Retirees

ThinkstockBy far the single most common contributing program to a retiree’s household income is Social Security. And the lower a person’s retirement income, the bigger role Social Security plays. For Americans with household retirement…

Paul Ausick · 13 years ago

IPO Filing: Waypoint Homes Realty Trust

ThinkstockWaypoint Homes Realty Trust Inc. has filed to come public. No terms for the offering have been set other than the offering size being up to $100,000,000 at the IPO, although those figures frequently…

Jon C. Ogg · 13 years ago

Economic Confidence at All-Time High — Gallup

ThinkstockAmericans’ confidence in the U.S. economy rose to its highest level since 2008 last week, posting a reading of -5, compared with prior week reading of -11, according to the latest data from Gallup.…

Paul Ausick · 13 years ago

Best Buy Earnings Cannot Hide Weakness

courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) reported first-quarter fiscal 2014 results before markets opened this morning. The big-box retailer of electronics gear posted adjusted diluted earnings per share (EPS) of…

Paul Ausick · 13 years ago

Goldman Sachs Boosts S&P 500 Target

Wikimedia CommonsThe sentiment about the value of stocks continues to be relentlessly positive. None other than the powerful investment bank Goldman Sachs Group Inc. (NYSE: GS) has increased its target for the S&P 500.…

Douglas A. McIntyre · 13 years ago