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Startup News

Location American Startup News for 17 April 2013

Federal Reserve Plays Partisan Politics

Forbes - 17 Apr 2013 17:30
Federal Reserve Plays Partisan Politics For the Federal Reserve to engage in Godfather-style retributions is appalling.
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Tumblr's CEO on killing its editorial team, not monetizing like Google & YouTube For the first time, Tumblr's CEO chats about the company's failed journalistic foray.
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Disney Wants to Release a New Star Wars Movie Every Year Expect to see a whole lot more Star Wars -- Disney is going to try and get its money's worth with this license. The
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Daily Wrap: 4/17/2013

Forbes - 17 Apr 2013 23:00
Disappointing bank earnings sent the markets lower today with weakness in the tech sector as Apple fell below $400 a share.
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Mortgage Applications Increase

Forbes - 17 Apr 2013 22:55
Mortgage applications in the United States rose last week, with the Mortgage Bankers Association's index increasing by 4.8 percent in the period ended April 12. The purchase guage increased by 3.9 percent to reach the hi...
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Analyst Moves: CAT, FRC

Forbes - 17 Apr 2013 22:54
Caterpillar (CAT) had its estimates and price target reduced by Jefferies (JEF) as the firm expectes miner capital plans to continue their decline. A $75 price target was set with a rating of hold.
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Analyst Moves: GS, KO

Forbes - 17 Apr 2013 22:42
Goldman Sachs (GS) had its estimates increased by UBS (UBS) after first quarter earnings beat expectations and expense expectations were reduced.
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Amazon snaps up Siri-esque Evi -- but why?

Venture Beat - 17 Apr 2013 22:41
Amazon snaps up Siri-esque Evi -- but why? What could Amazon do with its own virtual assistant app?
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eBay Q1 2013: income up 19%, and the future is PayPal The future of eBay is mobile payments, however, and for investors willing to overlook some short-term pain, there may be some long-term gain as PayPal transaction volume increased a strong 21 percent in the last quarter,...
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Peter Thiel's latest bets boost Siri clone and cancer therapy Today, the Thiel Foundation announced it would grant $350,000 to two of Breakout Labs' teams: Skyphrase and Stealth Biosciences.
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Google announces its third Google Fiber city: Provo, Utah (aka Silicon Slopes) Just weeks after officially revealing that Google Fiber would expand into Austin, Tex., Google is announcing its third Fiber city -- Provo, Utah.
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Welcome to the Lamensdorf Market Timing Report. Our mission is to help you make money over the long term with advice on how to properly allocate capital into the market, reflecting both the risks and rewards that are cur...
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Apple has shed the equivalent of a Google or a Microsoft since September 2012 The new drop means that Apple is now more than $300/share down from its high point in September 2012, when the company was worth over $650 billion.
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Check out these outstanding additions to our HealthBeat 2013 conference We're adding five more experts to our speaker list for our upcoming HealthBeat conference, to help you learn what's new in health IT, digital health, cloud-based medical services, and more.
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Institutional Venture Partners explains why it bet big on game studio Supercell Investor believes that mobile growth is huge and Supercell is more than a one-hit wonder.
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Speedway Motorsports Incorporated (TRK) maintained its quarterly dividend of 15 cents per share. The quarterly dividend will be payable on June 7, 2013, to shareholders of record at the close of business on May 17, 2013.
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The popular press is wrong about the decreased importance of company retirement plans in an employee's financial planning. The fact that defined benefit plans have become increasingly rare does not mean that company reti...
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Startups on 'mobile frontier' let you control computers with your eyes, make virtual friends, explore space During a session titled "mobile frontiers" at DEMO Mobile, five startups presented their products that are pushing the boundaries of mobile computing. These entrepreneurs are combining advanced technology with huge, crea...
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The 10 Biggest Frauds In Recent U.S. History We looked at investor losses, Securities & Exchange Commission and Department of Justice enforcement actions and private lawsuits, as well as societal impact, to come up with our picks for the ten biggest frauds in the U...
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Analyst Moves: NU, CMA

Forbes - 17 Apr 2013 20:57
Northeast Utilities (NU) was upgraded by UBS (UBS) from neutral to buy with a price target of $48 due to a revision to the Renewable Standards in Connecticut.
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As J.C. Penney Battles Macy's For Martha Stewart, Experts Ask: Is She Worth It? On Wednesday, a year-long battle between struggling J.C. Penney, rival Macy's and Martha Stewart resumed in New York, with the state's Supreme Court set to decide who has the right to sell products designed by America's ...
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Online education for the pros: Udemy launches corporate training tools Udemy launches a new product for companies to help their employees pickup new skills.
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