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Business News

Location American Business News for 14 December 2012

The 12 Days of Networking

Forbes - 14 Dec 2012 01:11
The 12 Days of Networking Guest Blogger: Colleen M. Fashing
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Amazon competitor ProfitBricks launches its foundation program for startups Guest Post ProfitBricks, a global cloud infrastructure provider, has big ambitions despite not yet having widespread name recognition. The Boston-based infrastructure-as-a-service (IaaS) company this week announced the l...
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How to open an exclusive wine club’s doors

Market Watch - 14 Dec 2012 23:57
La Confrérie des Chevaliers du Tastevin and the Commanderie de Bordeaux may have special songs and veiled practices, but secret societies they are not.
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Apple Stock: Among The Nutty Theories, A Legitimate Worry Any tech investor can name lots of reasons for the repeated sell-offs in Apple (AAPL) shares lately, and to some extent, they’re probably right about all of them. But when you cut out the hysteria and look at the ...
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Hidden Risk Weighs Against Fat Dividend Yields -- 4.4%, 3.4% -- at Dominant Waste Haulers The Wall Street Journal’s Brent Arends smartly noticed a pair of seemingly unloved, high-yielding stocks last week in a column talking up Waste Management (WM) and Republic Services Group (RSG), which together dom...
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The company is expanding into new areas of computer-aided design such as building-information modeling, software as a service and 3-D printing, writes John C. Dvorak.
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APPLE CRUSHED: Stock Falls Another 4% To New Closing Low

Business Insider - 14 Dec 2012 23:49
APPLE CRUSHED: Stock Falls Another 4% To New Closing Low Apple stock got clobbered again today, falling 4% to $510. That's the lowest close for the stock since its recent swoon began in September. (It's also a level that Apple first breached on the way up last winter. The stoc...
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Celebrities Demand Gun Control On Twitter Following School Shooting As details continue to emerge about the shooting at a Newtown, Connecticut school this morning, many are taking to Twitter to piece together the senseless act which claimed at least 25 lives. The tragic shooting has a...
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This Is A Bushmaster .223, One Of The Guns The Sandy Hook Shooter Reportedly Had The Bushmaster .223 rifle has a tragic legacy that looks to be growing if CNN reports are correct. The Cable News Network reports that Adam Lanza used three weapons to commit the mass shooting in Connecticut, but the one...
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The Gun Industry Just Had A Banner Year

The Huffington Post - 14 Dec 2012 23:41
The Gun Industry Just Had A Banner Year The gun business in the United States is thriving and the tragic events on Friday in Newtown, Conn. may likely do little to quell Americans'...
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Tesla Is Moving Into Europe

Business Insider - 14 Dec 2012 23:40
Tesla Is Moving Into Europe Tesla Motors will begin operations at its new European Distribution Center in the Netherlands this month, it announced this week. The 62,000 square foot facility in Tilburg, near the Belgian border, will be used as Tesla...
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Energy stocks are mixed, with oil-field services giant Schlumberger Ltd. declining more than 4% as it warns profit will take a hit due to a drilling slowdown.
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UBS cuts price target on Apple and shares fall 3%; VeriFone shares also retreat after weak results.
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Forbes Earnings Preview: Accenture

Forbes - 14 Dec 2012 23:29
Accenture (ACN) reports its first quarter earnings on Wednesday, December 19, 2012.
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Forbes Earnings Preview: General Mills

Forbes - 14 Dec 2012 23:28
General Mills (GIS) is just 13 cents off from its 52-week high of $41.62 per share as it prepares to report its second quarter earnings on Wednesday, December 19, 2012.
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Forbes Earnings Preview: Paychex

Forbes - 14 Dec 2012 23:28
Paychex (PAYX) reports its second quarter earnings on Wednesday, December 19, 2012.
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Forbes Earnings Preview: FedEx

Forbes - 14 Dec 2012 23:28
In spite of an expected dip in profit, most analysts are positive about FedEx (FDX) before it reports its second quarter earnings on Wednesday, December 19, 2012.
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Forbes Earnings Preview: Jabil Circuit

Forbes - 14 Dec 2012 23:28
Analysts foresee Jabil Circuit (JBL) announcing decreased profits on Wednesday, December 19, 2012, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock.
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Forbes Earnings Preview: Bed Bath & Beyond

Forbes - 14 Dec 2012 23:28
Share prices of Bed Bath & Beyond's (BBBY) stock have fallen 17.8% during the last three months and closed at $58.16 on December 13, 2012. On Wednesday, December 19, 2012 Bed Bath & Beyond (BBBY) can help stop the slide ...
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CHMP Recommends Against Approval For Mipomersen In Europe The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency today recommended that mipomersen (Kynamro, Isis and Genzyme) not be approved for use in Europe. The novel antisense oligonucl...
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DETROIT (Reuters) - U.S. safety regulators broadened a more than two-year probe into the possibility of unintended acceleration in about 480,000 Ford Motor Co sedans when floor mats are unsecured or stacked.
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Wal-Mart said Friday that it had would offer deep discounts on favorite Apple products, including two models of iPhones and a new iPad. The move left some questioning whether such bargain-basement deals could put a dent ...
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