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United Kingdom Squeaks Out GDP Growth

ThinkstockThe threat of a triple-dip recession in the United Kingdom has gone away, although gross domestic product (GDP) growth is so small that the discussion is a matter of semantics. The Office of National…

Douglas A. McIntyre · 13 years ago

What Is Important in the Financial World (4/25/2013)

ThinkstockVerizon Talks with Vodafone Verizon Communications Inc. (NYSE: VZ) apparently wants to buy out the 45% of Verizon Wireless it does not own. The other portion is owned by Vodafone Group PLC (NASDAQ: VOD),…

Douglas A. McIntyre · 13 years ago

Universities Getting the Most Government Money

ThinkstockThe federal government gave out more than $40 billion for research and development (R&D) to universities across the country in fiscal 2011. Universities depend heavily on federal funding, with many of the top programs…

247sam · 13 years ago

Spain’s Unemployment Reaches U.S. 1930s Levels

ThinkstockSpain’s unemployment level reached 27.2% in the first quarter, according to the National Statistics Institute (INE). The worst level of American national unemployment was 24.75% of the civilian labor force in 1933. It is…

Douglas A. McIntyre · 13 years ago

Could Zynga Disappear?

courtesy of ZyngaIt is rare that a relatively large U.S. public corporation loses such a large portion of its revenue that it becomes pathetically small. Online game firm Zynga Inc. (NASDAQ: ZNGA) is headed…

Douglas A. McIntyre · 13 years ago

Media Digest (4/25/2013) Reuters, WSJ, NYT, FT, Bloomberg

ThinkstockVerizon Communications Inc. (NYSE: VZ) will make a $100 billion offer to Vodafone Group PLC (NASDAQ: VOD) for the part of Verizon Wireless that it does not own. (Reuters) Spanish financial firm Banco Santander…

Douglas A. McIntyre · 13 years ago

Market Close: Big Winners & Losers for April 24, 2013

thinkstockHere are today’s five biggest gaining stocks at closing: Noranda Aluminum Holding Corp. (NYSE: NOR) is up 46.7% at $4.45. FX Energy Inc. (NASDAQ: FXEN) is up 27% at $3.43. Buckeye Technologies Inc. (NYSE:…

Paul Ausick · 13 years ago

Zynga Forecasts Even Poorer Second Quarter Earnings and Revenue

courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) reported first quarter 2013 results after markets closed today. The social games company posted adjusted earnings per share (EPS) of $0.01 and revenues of $264 million. In the…

Paul Ausick · 13 years ago

Why We Wanted More in the Dividend Hike from Exxon Mobil

Earlier today we had been predicting that a dividend hike was going to be announced by both Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) very soon. It turns out the dividend…

Jon C. Ogg · 13 years ago

Corning Earnings a Pleasant Surprise

ThinkstockCorning Inc. (NYSE: GLW) reported first-quarter 2013 results before markets opened this morning. The specialty glass and technology products maker posted adjusted diluted earnings per share (EPS) of $0.30 on revenues of $1.81 billion.…

Paul Ausick · 13 years ago

German Economy Is Taking a Breather?

courtesy SAP AGJust one day after Markit purchasing managers’ index (PMI) data about Germany showed that its economy is in trouble, Ifo reports that the problem has spread, and spread widely. According to its…

Douglas A. McIntyre · 13 years ago