Home » Archive for January, 2013
Wal-Mart (NYSE: WMT) Expanding Presence in Grocery Market
The grocery industry is changing, and one of the largest benefactors of that is discount retail giant Wal-Mart (NYSE: WMT) as they are expanding rapidly in the space. Wal-Mart has successfully capitalized on its reach, pitching groceries... More of this article »
Dow Chemicals Beat Expectations, but Earnings Fall
Dow Chemical has reported a drop in earnings of 25% for 2012, as it was hit by the world economy’s slowdown during the last six months of the year. However, the company still exceeded expectations of analysts during the fourth quarter. Net... More of this article »
Research in Motion (NASD: RIMM) Rising From the Ashes
Blackberry maker Research in Motion (NASD: RIMM) was widely speculated to be on the brink of bankruptcy just months ago. Market observers were writing their obituary, ascribing the once great firm to failure, after losing market share... More of this article »
General Motors (NYSE: GM) Announces US Investment Plans
When the US auto industry contracted following the 2008 financial crisis, the Detroit economy was shook to its core. Rising unemployment rates and vacancy rates in and around the Paris of the Midwest sent shockwaves through the local... More of this article »
Ford Motor Company (NYSE: F) Beats Expectations, But Stock Sinks on International Sales Concerns
It began as a mixed day for the Ford Motor Company (NYSE: F). Although the firm managed to handily beat the fourth quarter earnings expectations by disclosing results earlier today, their glum outlook for 2013 caused investors to retreat.... More of this article »
Dell (NASD: DELL) Exploring Buyout Opportunities
Dell Inc. (NASD: DELL), the firm responsible for bringing low cost computers into homes around the world are on the verge of doing the unthinkable – going private. The computer giant has saw their share price sag, as consumers... More of this article »
Apple (NASD: AAPL) Needs A Game Changer
Tim Cook’s job as Chief Executive of Apple (NASD: AAPL) is growing increasingly difficult. The shadow of Steve Jobs remains looming over the firm, and the firm’s recent results suggest sales for existing products are leveling off.... More of this article »
Microsoft (NASD: MSFT) Launching Online Subscription Service for Office
Microsoft (NASD: MSFT) has, to date, avoided bringing its popular office suite to touch screen platforms. As consumer tastes are rapidly changing, there is a growing expectation by users to have access to these programs on their mobile... More of this article »
Amazon (NASD: AMZN) Shares Soar on Earnings Results
Shares of online retail giant Amazon (NASD: AMZN) fell nearly 6% today in the run up to their earnings announcement, then soared almost 9% in the afterhours trading following better than expected results. The world’s largest... More of this article »
JC Penney (NYSE: JCP) Soars on Pricing Plan Reversal
Ron Johnson’s reign as Chief Executive Officer of retail giant JC Penney (NYSE: JCP) has been rife with criticism. Same store sales have plummeted, the stock has faltered, and many observers have openly questioned the viability of... More of this article »
Fourth Quarter Earnings for Ford Reach $1.7 Billion
Ford Motor reported its earnings for the fourth quarter, which was its highest for the fourth quarter in over a decade. The automaker reported earnings of $1.7 billion during the last three month of 2012, due in large part to an increase... More of this article »
Halburton Reports Earnings above Forecast in 4th Quarter
Haliburton’s overseas business gave the company the boost it needed to life its fourth quarter earnings above expectations. This underscored how the company struggled due to the glut of natural gas. Shares of the world’s second... More of this article »
United Now Offering Baggage Delivery Service for Passengers
United Airlines has joined American Airlines in offering its travelers the option of having their checked baggage delivered to their home, hotel or office if they are in too much of a hurry to wait for it. There is a fee that accompanies... More of this article »
Boeing Continues to Build 787 Dreamliners
Boeing is still building more 787 Dreamliners even if nobody is allowed to fly them. All 50 Boeing 787 Dreamliners across the globe are grounded pending the result of a federal probe on electrical fires. The company kept its assembly... More of this article »
Vicodin Needs Tighter Controls
A U.S. Food and Drug Administration advisory panel has recommended that the regulatory agency reclassify the drug hydrocodone, Vicodin’s active ingredient to a schedule II narcotic to help stem the epidemic of deaths due to prescription... More of this article »
Azarenka Defeats Stephens but not until After Controversy
Belarusian Victoria Azarenka will defend her Australian Open title in the final on Saturday against Li Ha, the sixth seed in the tournament. However, Azarenka, while defeating American Sloane Stephens in the semifinal, experienced... More of this article »
US Airways 4th Quarter Profit Doubles
US Airways reported that its net income doubled in the fourth quarter and executives said that the strong demand the airline is experiencing at the moment is a precursor to higher fares. The profits went up to a record revenue as it... More of this article »
iPhone Sales Miss Estimates, Apple Stock Drops
For many Wall Street analysts the phenomenal growth of the iPhone might be near its end, as sales for the smartphone missed their mark of 50 million for the year’s fourth quarter that was set by Wall Street. The announcement by Apple... More of this article »
World Economic Forum 2013 Kicks off this Week
Nearly two years ago, Davos 2011, the Annual Meeting of the World Economic Forum was living the events in Egypt and Tunisia that eventually led to new regimes emerging in some of the North Africa and Middle East nations. Many people... More of this article »
Australian Businesses to Watch in 2013
In 2013 there will be many Australian businesses hoping for a successful year, including established businesses and new companies. From tech companies to service related companies, all businesses will be hoping for a good year, and... More of this article »
Husband Kills Wife and Son and then Burns House Down
Las Vegas police said an officer killed his wife and child before calling 911 to say he was going to burn down his home. He warned the 911 dispatcher he would kill anyone who attempted to stop him. The man then proceeded to wait. A... More of this article »
Serving Sizes Still Too Big At Many Restaurants
An advocacy group has been giving out awards for the past six years to restaurants that have excessively large portions and that use ingredients that have been deemed to be unhealthy. The “Xtreme Eating Awards” are given out annually... More of this article »
Grand Opening of Downstream Casino Resort’s Expansion
One of the premiere casino resorts in Oklahoma, the Downstream Casino Resort, opened its extension last January. A seven-story tower called Kappa Hotel Tower which features a hotel, spa, bar and café, was added. This expansion is... More of this article »
Musial Dead at 92
Stan Musial, known by most as Stan the Man, died on Saturday night at the age of 92. The Hall of Famer and former star for the St. Louis Cardinals was considered of one of the best players to ever play the game. Willie Mays, also a... More of this article »
New Skin Patch Designed to Help with Migraines
The U.S. Food and Drug Administration approved the Zecuity Patch for use amongst adults who suffer migraines without aura and with aura. The battery-powered, single use patch offers relief from nausea related to migraines, along with... More of this article »
Armstrong Admits A Career of Doping
After vehemently denying publically he was involved in doping, Lance Armstrong openly confessed in an interview with Oprah Winfrey that he took part in doping during his career in cycling that included seven consecutive victories in... More of this article »
High Technology and Design office called “Portofino”
Philipp Plein presented the important and elegant new collection of Technology & Home 2013: The new exclusive line “Portofino”, in fact, is made ??of polished steel of the highest quality combined with precious ostrich... More of this article »
In-store Shoppers to Go Online Next Time They Buy
According to a study from the International Business Machines Corp, majority of shoppers made their purchase in a store and not from online stores. More than 80 percent of shoppers polled by IBM bought something at a store but only... More of this article »
Online Commerce Increases to New Highs
Internet commerce is becoming more and more common and eBay, the e-commerce pioneer, says that it enjoyed its best year to date in 2012. The company said shoppers flocked to its site in search of bargains and used its payment service,... More of this article »
Consumers Push Up Retail Sales in December
Economists were worried about the looming tax increases and spending cuts at the end of 2012 and yet consumers kept on shopping. Retail sales in the United States increased 0.5 percent to $415.7 billion in December. They didn’t worry... More of this article »
Dengue Becomes Fastest Spreading Tropical Disease
World Health Organization officials announced on Wednesday that Dengue is the fastest spreading tropical disease in the world representing a pandemic threat as it infects over 50 million people each year across every continent. The... More of this article »
How To Find A Mortgage Broker
There are a number of important things to consider when looking for a mortgage broker, and by taking a few simple steps, a person can find the best mortgage broker possible. By looking for these particular aspects of a broker, a person... More of this article »
Super Bowl XLVII Preview
The Super Bowl XLVII match up comes after the Baltimore Ravens defeated the New Englan Patriots, 28-13, and the San Francisco 49ers victory over the Atlanta Falcons, 28-24, Sunday for the AFC Championship and NFC Championship titles,... More of this article »
Palestinian Killed Near Barrier in West Bank
Samir Ahmed Awad, a Palestinian student was killed recently in the West Bank in Gaza. The 17-year old was shot and killed by Israeli military forces in the northern area of the West Bank. Medical sources said that Awad had died after... More of this article »
HP CEO Whitman Calls Windows 8 a Work in Progress
Some people say that Meg Whitman doesn’t have the experience to run a $120 billion company such as Hewlett Packard. There are some who say that shoe’s more of a smooth talker than a down-and-dirty operator. Whitman contends that... More of this article »
Pill-Sized Scanner Designed by Doctors
A new device that is the size of a pill has been made by doctors that are able to take microscopic detailed images of inside the stomach. Doctors hope the new technology from the U.S. will become an easier method of screening people... More of this article »
House Republican Open to Tighter Gun Control Laws
Georgia Representative Phil Gingrey outraged Liberal observers when he spoke about rape and pregnancy when he spoke before the Chamber of Commerce in his Atlanta-area district. He said that his position was misconstrued. Representative... More of this article »
Whitman Earned over $15 Million at Hewlett-Packard during 2012
Computer and printer manufacturer Hewlett-Packard, based in Palo Alto, California gave its CEO Margaret Whitman close to $15.4 million in compensation for her first full year as the CEO of the company, even though HP reported a huge... More of this article »
Report Says Armstrong Will Admit to Doping
A report published late this week says that former U.S. cyclist Lance Armstrong will tape an interview on Monday with Oprah Winfrey. In the interview, sources said Armstrong would admit to doping while he competed and won seven straight... More of this article »
BTP and Bund: a Comparison of Yields
Last month for the first time we got back to BoT the annual auction with yields less than a percentage point of interest. One thing that has not been seen since January 2010. The reasons for this movement? Probably the most abundant... More of this article »
Argo Director Affleck Wins Critics Choice
Argo, the political thriller, has received widespread critical acclaim. The movie documents what was behind the rescue by the CIA of six diplomats from the U.S. during the Iran hostage crisis of 1979. Nevertheless, the movie’s director... More of this article »
Economic Freedoms Decline in Egypt
It makes for uncomfortable reading, Egypt’s drop of 3.1 points in the Index of Economic Freedom, the annual guide published by The Wall Street Journal and top US think tank The Heritage Foundation. The US doesn’t come out... More of this article »
Fiscal Cliff Worries Lead to Less Hiring and Investment
At least one in four small and medium sized businesses in the United States said they scaled down on hiring and investment in late 2012 due to concerns about the fiscal cliff. Almost a third of chief executives surveyed said they had... More of this article »
The Fiscal Cliff: The beginning of the end?
We are talk a lot about the Fiscal Cliff, but often in a language that is a bit like… What’s this? Literally it is a “fiscal abyss” in which the U.S. economy might fall – some people talk about a decline... More of this article »
Baseball Hall of Fame Will Have No New Inductees this Year
Baseball writers did not elect any new members to the Baseball Hall of Fame on Wednesday. Many of the existing members of the Hall are thankful that none of the Steroid Era players was elected by the writers. Al Kaline, one of the... More of this article »
Samsung Series 7: 2013 Korean Lightweights Champions
Whether you need a smartphone or a television, Samsung is now probably one of the first brands you’d think of. But most people forget that this is also a company that has been producing affordable computes since 1983. Having strongly... More of this article »
Rebels Release Iranians Captured in Damascus
Syrian rebels freed as many as 48 Iranian prisoners that had been captured last year. The prisoners were released in exchange for rebel prisoners that had been held by security forces of the Syrian government. The report from the state... More of this article »
Alabama Wins Second Straight National Championship
The Alabama Crimson Tide entered last night’s BCS Championship Game ranked no. 2 in the nation behind their opponent the Notre Dame Fighting Irish. Four quarters later, Alabama was crowned the national champion after defeating Notre... More of this article »