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Location American Market News for 6 May 2013
Boomerang Kid? Three Ways to Make It Pay Off A few recent articles tackled the issue of increasing numbers of recent grads living at home, a.k.a., the "boomerang kid."
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BofA, MBIA Agree to Mortgage Deal

Wall Street Journal - 6 May 2013 22:13
Bank of America agreed to pay MBIA $1.7 billion to settle a dispute over soured mortgage securities issued during the U.S. housing boom, eliminating major legal uncertainties for both companies.
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China Checks the Yuan

Wall Street Journal - 6 May 2013 22:04
In the long run, China's currency's is a one-way bet. But Beijing gets nervous when events move too fast.
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Portugal to Sell 10-Year Debt for First Time Since Bailout

Wall Street Journal - 6 May 2013 21:42
Portugal is preparing to sell longer-term debt for the first time since it requested a bailout in 2011, marking another step toward normalcy for the troubled euro zone.
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Investors Are Now Too Sweet on Mondelez

Wall Street Journal - 6 May 2013 21:22
When snacks giant Mondelez got called "Monde-What?" and was compared with unprintable foreign phrases, it seemed like a bad omen. Now it is shareholders' turn to laugh--all the way to the bank.
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5 Unusual IRA Investments Options

Forbes - 6 May 2013 20:17
5 Unusual IRA Investments Options Investopedia story
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Bullish Options Traders Stampede Into Morgan Stanley, Mickey Mouse Today's tickers: DIS, VMED & MS
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IRS Should Fix Net Investment Tax Proposed Regulations The Affordable Care Act created new taxes, including a Medicare 3.8% surtax on unearned income (including investments), starting in 2013, which applies to upper income taxpayers making over $250,000 (married) and $200,00...
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In spite of an expected dip in profit, most analysts are positive about Mondelez International Inc (MDLZ) before it reports its first quarter earnings on Tuesday, May 7, 2013.
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Expectations have dropped for Discovery Communications' (DISCA) first quarter results in the month leading up to the company's earnings announcement slated for Tuesday, May 7, 2013. The consensus analyst estimate has dro...
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Forbes Earnings Preview: McKesson

Forbes - 6 May 2013 18:14
McKesson (MCK) reports its fourth quarter earnings on Tuesday, May 7, 2013.
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ACADIA Pharmaceuticals Inc. (ACAD) is expected to book a narrower loss than a year ago when it reports first quarter earnings on Tuesday, May 7, 2013 with analysts expecting a loss of 8 cents per share, up from a loss of...
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Forbes Earnings Preview: Cedar Fair, L.P.

Forbes - 6 May 2013 18:14
Leading up to Cedar Fair, L.P.'s (FUN) announcement of its first quarter earnings on Wednesday, May 8, 2013, analysts have become more bullish as expectations have improved over the past month from a loss of $1.15 per sh...
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Forbes Earnings Preview: AOL

Forbes - 6 May 2013 18:13
Wall Street is optimistic about AOL (AOL), which is slated to report its first quarter results on Wednesday, May 8, 2013. Analysts project a profit of 33 cents a share, a rise from 19 cents per share a year ago.
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Halozyme Therapeutics, Inc. (HALO) reports its first quarter earnings on Wednesday, May 8, 2013.
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Wall Street is expecting higher profit for Green Mountain Coffee Roasters (GMCR) when the company reports its second quarter results on Wednesday, May 8, 2013. The consensus estimate is calling for profit of 72 cents a s...
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Forbes Earnings Preview: Groupon

Forbes - 6 May 2013 18:13
Groupon (GRPN) is expected to book a narrower loss than a year ago when it reports first quarter earnings on Wednesday, May 8, 2013 with analysts expecting a loss of one cent per share, up from a loss of 2 cents per shar...
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Forbes Earnings Preview: Wendy's

Forbes - 6 May 2013 18:13
Optimism surrounds Wendy's (WEN), as it gets ready to report its first quarter results on Wednesday, May 8, 2013. Analysts are expecting the company to book a profit of 2 cents a share, up from one cent a year ago.
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Forbes Earnings Preview: News Corp.

Forbes - 6 May 2013 18:13
News Corp. (NWSA) reports its third quarter earnings on Wednesday, May 8, 2013.
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Analysts foresee Maiden Holdings, Ltd. (MHLD) announcing decreased profits on Wednesday, May 8, 2013, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock.
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In the month leading up to the Melco Crown Entertainment Ltd (ADR)'s (MPEL) first quarter earnings announcement slated for Wednesday, May 8, 2013, expectations have risen for the upcoming results. The consensus analyst e...
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Wall Street is high on Activision Blizzard (ATVI), expecting it to report earnings that are up 125% from a year ago when it reports its first quarter earnings on Wednesday, May 8, 2013. The consensus estimate is 9 cents ...
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