 |
Login |
Market
News Report: Attorneys General Near $25B Foreclosure Settlement With Big Banks With holdout attorneys general in California and New York set to sign on, multiple reports Wednesday night said a nationwide foreclosure settlement with five major banks could be made official as early as Thursday. Hacking Scandal Cost News. Corp $87 Million Last Quarter The on-going scandal and investigation of now-defunct The News of the World forced News Corp. to take a one-time charge of $87 million, a 3 cents per share loss, in its fiscal second quarter, the company said in an earnings report. News Corp. stock slightly sagged in after-market trading. Pepsi Looks To Keep Up With Big Brother Coke Earnings from the world’s top snacks business and number-two beverage business are due out in one package Wednesday, and the question lingering in the air is whether keeping the two together is keeping PepsiCo in the shadow of its biggest competitor. Hit The Refresh Button This story appears in the February 27, 2012 edition of Forbes magazine. Small Innovations For Your Portfolio This story appears in the February 27, 2012 edition of Forbes magazine. Apple Pushes Total Smartphones Past PCs For First Time Apple has proclaimed for a long time that we are now in a post-PC era, in which people would no longer need the traditional PCs and instead engage themselves with the digital world through iPhones and iPads. Used Cars Could Be Big Deal For Sirius XM Earnings Sirius XM is reporting its Q4 and full year 2011 results on Thursday. The Case For Dying Broke The following story appears in the Feb. 27, 2012, issue of Forbes magazine: Facebook May Trail Yahoo, Other Rivals in Race for Patents Facebook runs the world's most popular social-networking service, with more than 800 million active users. But the California company isn't nearly as far ahead in locking up intellectual property rights -- and may even trail rivals such as Yahoo in a patents race. Sina Tees Up Social TV Platform Powered By Weibo Sina has launched a new social TV platform, Kandian.com, which enables users to post clips or images of the television content they are watching to their Weibo accounts. It also enables you to follow what your friends on Weibo are watching. Diamond Foods Decimated: Axes Top Execs, Will Restate Earnings Update: A P&G spokesman said the consumer products giant was disappointed by the news out of Diamond and that it will evaluate all of its options for the Pringles business, "a valuable asset that has attracted considerable interest from other parties," but declined to set any specific time-.frame on a decision. FINRA, Transparency And Efficient Markets Last week, multiple news outlets reported on the alleged fraud scheme perpetrated within Credit Suisse by at least two structured credit traders who are now cooperating with regulatory authorities. Wednesday 2/8 Insider Buying Report: GOF, AVY As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. Wednesday 2/8 Insider Buying Report: GOF, AVY As the saying goes, there are many possible reasons for an insider to sell a stock, but only one Analyst Moves: YUM, AGNC Yum! Brands (YUM) was upgraded today by Goldman Sachs from sell to neutral with a price target of Daily Dividend Report: TWX, CAH, ROK, MMM, AINV Time Warner Incorporated (TWX) announced its quarterly dividend of 26 cents per share, an increase of about 11% over its prior dividend in November of 23.5 cents. The company also posted an increase in fourth-quarter earnings due to its recent efforts to benefit monetize content more effectively. SGI Announces Earnings; Shares Plummet SGI (SGI) shares dropped 22-1/2% after the company posted lower than expected non-GAAP EPS of $0.04, down from 0.44 last year. The technical computing company said gross margins were down year over year by 26.7%. Analyst Moves: NTGR, NLY Netgear (NTGR) was downgraded today by Deutsche Bank (DB) from buy to hold with a price target Analyst Moves: NTGR, NLY Netgear (NTGR) was downgraded today by Deutsche Bank (DB) from buy to hold with a price target of $42, as the company has been investing and focusing more on future growth. As Deal Gets Closer, Greeks Pushed Toward Deeper Cuts Greece is in need of another bailout from its European rescuers before a big bond payment comes due March 20, and with the market anxiously awaiting news of a deal officials were weighing even stricter austerity measures Wednesday ahead of Thursday's meeting of eurozone finance ministers. Daily Dividend Report: TWX, CAH, ROK, MMM, AINV Time Warner Incorporated (TWX) announced its quarterly dividend of 26 cents per share, an increase Facebook IPO Frenzy Spurs Constant Craving For Constant Contact Stock Facebook's recent IPO filing has given a boost to many social networking stocks, including Zynga, LinkedIn and RenRen. Even Constant Contact, an online content marketing company, has seen its stock price jump nearly 30% since Facebook filed for an IPO. Daily Wrap: 2/8/2012 Stocks are mixed as investors digest a tenuous situation in Greece, where a series of delays have SGI Announces Earnings; Shares Plummet SGI (SGI) shares dropped 22-1/2% after the company posted lower than expected non-GAAP EPS of $0. Rebounding Job Market Sending ADP Higher Automatic Data Processing (ADP) is the world's leading payroll processing company. It makes money on every check processed and on "float," the payroll tax it holds temporarily. ADP has strong positions in payroll management, human resources, and benefits administration--areas that will see increased demand in a better job market. Caesars Shares Surge in IPO Caesars Entertainment Corp. (CZR) is a big winner so far today. No Volcker To Squash Gold Bugs This Time Around Pain For Panera, All Gain For Buffalo Wild Wings Panera Bread has been punished by investors for a fourth-quarter revenue miss Wednesday, even as another middle America staple, Buffalo Wild Wings, experienced just the opposite. Caesars Shares Surge in IPO Caesars Entertainment Corp. (CZR) is a big winner so far today. The casino company's shares started trading on the Nasdaq today at $9 per share. Currently, they are up almost 80% at just over $16. |