Market News
A Loeb Hopes to Bank on His Name
Wall Street Journal - 5 Feb 2014 03:16
Jamie Kempner, the scion of the Loeb banking family, is hoping to tap his generations-old network of contacts to build a merchant bank that will invest in deals as well as give merger advice.
'Infinity' Game Is Disney's Star, Helps Post Record Profits
Forbes - 5 Feb 2014 23:43
Interactive -- aka online media and games -- is Disney's smallest earner, but Infinity's success made it the best performing unit year over year.
Disney Infinity Launch
Forbes - 5 Feb 2014 23:43
Images of toys and gameplay from Disney's latest video game.
What's Driving Sam's Club's Growth?
Forbes - 5 Feb 2014 20:49
There are several aspects of Sam?s Club?s business that impart it a competitive advantage over the market leader Costco. We believe that this can help Sam?s Club remain at the forefront of the industry growth.
Daimler Earnings Preview: Margins Under Spotlight, S-Class Could Boost Pricing
Forbes - 5 Feb 2014 20:46
After a strong third quarter showing, the company now expects the fourth quarter profits to exceed those in Q4 2012. However, for the full year, profits would still trail those in 2012 due to weak results in the first qu...
Uncertainty Surrounds ECB Meeting And Gold's Reaction
Forbes - 5 Feb 2014 20:18
(Kitco News) - Analysts’ views are mixed as to whether the European Central Bank will surprise markets by loosening its monetary policy on Thursday and what impact it will have on gold prices.
Watch Your Step Investing Overseas
Forbes - 5 Feb 2014 19:14
While many foreign economies are likely to grow faster than the U.S., you should proceed with caution.
Goldman Sachs Has Still Not Gotten Its House In Order
Forbes - 5 Feb 2014 22:31
The absolute low point for investment bank Goldman Sachs came in April 2010 when the Securities and Exchange Commission parted with its usual polite advance warning and brought suit against Goldman for alleged fraud in t...
Investor files complaint against NSEL, Mohan India with EOW
livemint.com - 5 Feb 2014 22:06
The investor has alleged non-payment of instalments where Mohan India and its associates were to pay `120 crore by 30 January but have paid only `23.95 crore
Dunkin' Earnings Preview: Same-Store Sales, Margins Under Spotlight
Forbes - 5 Feb 2014 20:48
For the full year, the company?s management expects the earnings to be at the lower end of its guidance of $1.50-$1.53 per share. Shares of the company gained almost 50% in 2013 on the back of two solid quarterly earning...
Why Sirius XM's Fourth Quarter Results Were A Mixed Bag?
Forbes - 5 Feb 2014 20:45
While the new car penetration rate increased and the company continued to perform well in terms of getting more self-pay subscribers to its platform, its guidance for 2014 implied a material slowdown in the growth. In ad...
Wynn Resorts Profits Surge 92% Over Mass-Market Gaming In Macau
Forbes - 5 Feb 2014 20:41
Wynn's strong results were primarily driven by strong mass-market gaming revenues in Macau. We continue to believe that mass-market gaming will drive future growth for casino operators in Macau. Mass-market gaming is a m...
Traders To Be Mindful Of Weather Impact On U.S. Payrolls Data
Forbes - 5 Feb 2014 20:40
gold prices, gold market, U.S. dollar, stock market, U.S. employment,
Can CVS Justify Its No-Tobacco Decision Beyond the Great PR?
Forbes - 5 Feb 2014 18:53
CVS may not be the first to stop selling tobacco products, but the drugstore chain's announcement is big for no other reason than the sheer size of the company's tobacco business. CVS estimates it will lose roughly $2 bi...
Figuring Your Retirement Income In Four Steps
Forbes - 5 Feb 2014 18:33
I have a love-hate relationship with online retirement calculators.
7 Tips For A Better Retirement
Forbes - 5 Feb 2014 18:33
What retirees can do now for a better retirement later.
App Market Globalization The Big Theme of 2014
Forbes - 5 Feb 2014 17:49
According to App Annie, Japan became the biggest app market in the world last October, surpassing the United States and continuing to grow at a far faster clip. Many app vendors started reacting to Japan's new prominence...
ADP Says Private Sector Added 175K Jobs In Snowy January
Forbes - 5 Feb 2014 17:12
ADP's January National Employment report out Wednesday shows private payroll adding fewer jobs than expected last month.
Merck Sales Slide On Expiring Drug Patents But Shares Lifted By Cancer-Fighting Collaboration
Forbes - 5 Feb 2014 16:51
Pharmaceutical company Merck saw a decline in fourth quarter profit and revenue thanks to patent expirations, but shares of the company are rising on the news that the drugmaker has agreed to three different partnerships...
Global stocks, US bonds down after US private jobs report
livemint.com - 5 Feb 2014 16:35
US stocks down after ADP jobs data; emerging markets index down slightly; treasuries prices lower
NYT Earnings Preview: Profit Margins Set To Improve
Forbes - 5 Feb 2014 15:50
As we reiterated in the past, the secular decline in print advertising has pushed New York Times to move away from its core competencies as a print publisher and move to a digital product offering. Therefore, during this...
Expedia Will Benefit From Its Strengthening Hotel Business Even As Revenue Margins Decline
Forbes - 5 Feb 2014 15:48
In the first half of 2013, high competition in the travel industry had negatively impacted Expedia by weakening the growth in direct type-in traffic, which is the most efficient traffic for customer loyalty and profitabi...