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US News

Obama hails “renewed” economic confidence

Feb 13 2013 @ 04:34
President uses State of the Union address to economic growth Barack Obama has called for action to “reignite” the US economy. During his annual State of the Union address to both houses of congress, the President argued that the country had “cleared away the rubble of crisis, and we can say with renewed confidence that […]
 

Black Swan New Year Letter 2013: China to recover, US to recover, Europe Doomed

Feb 13 2013 @ 04:04
This is the annual letter sent out by my friend Richard Poulden. This year – as every year – we wil hold a 10 minute debate at the UKInvestor Show – I am not sure of the subject matter yet but it is always sparky. I am not sure that I agree 100% on China […]
 

Is Amazon Still Amazing?

Feb 12 2013 @ 09:16
One of the main talking points on Wall Street these days is retail giant Amazon’s high valuations. Keeping in mind the saying “Invest into ideas and not stocks”, this article explains the rationale behind investing into Amazon’s future ideas and focuses on its growth over the years, declining profitability in the recent past, challenges and […]
 

Stocks Moving On the News: LCC, NVO, L, SXT, MOH

Feb 11 2013 @ 09:31
US Airways Group Inc. (NYSE:LCC): The stock is moving on the news of its impending merger with American Airlines. The announcement is expected to be made within this week.
 

US Trade Deficit at 3-Year Low

Feb 08 2013 @ 15:30
The US Department of Commerce has reported that the country’s trade deficit improved in December to $38.5 billion.  That is down from $48.6 billion in November 2012 and from $51.7 billion in December 2011. The report revealed a somewhat unexpected 2.1% increase in US exports and a 2.7% decrease in imports during the month, which […]
 

What Analysts Say about These Stocks: BBRY, CNW, HWD, TWX, EXPR

Feb 08 2013 @ 11:09
BlackBerry (NASDAQ:BBRY): Consequent to the launch of its new BB10 devices, the company has received a spate of upgrades. Wells Fargo upped its recommendation for the stock from Market Perform to Outperform.
 

5 Healthcare Stocks for Income Investors: AZN, PMD, MRK, LLY, VIVO

Feb 07 2013 @ 10:12
AstraZeneca Plc (NYSE:AZN): The pharma company offers 5.83 percent dividend yield, making it an attractive income stock. AstraZeneca is likely to keep performing well despite posting weak results for the fiscal fourth quarter. The company‘s net profit for the quarter dropped to $6.3 billion while it revenue stood at $28 billion.
 

5 Stocks Making News Today: CVS, VMED, RL, MUSA, TWX

Feb 06 2013 @ 10:12
CVS Caremark Corporation (NYSE:CVS): The company reported 6 percent increase in its profits for the fourth quarter. CVS Caremark earned 90 cents per share, up from 81 cents per share it had earned in the corresponding quarter of the last year. Its revenue also increased 11 percent to $31.39 billion.
 

Vringo: Patent Monetization as new Business Model?

Feb 05 2013 @ 10:23
Vringo Inc. (AMEX:VRNG), which deals in mobile technologies and intellectual properties, has announced the filing of a law suit against Microsoft Corporation (NASDAQ:MSFT) for infringement of two patents. I/P Engine, a 100% subsidiary of Vringo filed the suit in New York.
 

Watch out for These Earnings News This Week: ADP, ARMH, CMI, CVS, EFX

Feb 04 2013 @ 10:30
Automatic Data Processing Inc. (NASDAQ:ADP): The company is scheduled to announce its quarterly earnings on 5th of February. ADP Inc. is expected to report its quarterly profit at 71 cents per share while its revenue is likely to be at $2.72 billion, up 5.4 percent from the revenue it had reported a year back for […]
 
 
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