Big Investors Are Getting Behind A Startup That Will Be The 6-Degrees Of...
The brain behind Capital IQ, the financial database service that was sold to McGraw Hill in 2004 for over $200 million, has a new product for Wall Street, Deal Book reports.Capital IQ co-founder Neal...
View ArticleWhole Foods Shares Tank After Earnings
Whole Foods earnings are out, and the stock is tumbling.Click here for LIVE updates >The company posted earnings of $0.78 per share, a penny above consensus expectations.Revenues came in at $3.86...
View ArticleSee How Boeing's Mechanics, Engineers, and Electricians Build Planes In...
Despite some serious issues with the 787 Dreamliner, Boeing is still beating earning estimates and selling more planes than its archrival Airbus for the first time in nearly a decade.To meet the uptick...
View ArticleBehind Closed Doors, Bill Ackman Called A NYC Seaport Developer One Of Wall...
In case you were wondering why Howard Hughes Corporation's stock hit a 52-week high of $78.52 today... The company was talked about at the Harbor Investment Conference at JPMorgan Chase in Midtown...
View ArticleThe Best Business Schools For Networking, Dating And Partying
Business school isn't just about getting an MBA. It's about meeting people who can propel your career forward. After all, who you know is often just as important as what you know.GraduatePrograms.com,...
View ArticleCITI: OPEC's Days Look Numbered
Oil prices increased by around 300 percent over the past decade. During that time, OPEC countries went gangbusters.But the days of soaring oil wealth are numbered, says Citi.While Brent crude oil...
View ArticleFORMER GOLDMAN BANKER: The Two Most Powerful Concepts In Math That Go Untaught
On Teaching Compound Interest and Discounted Cash Flows“The most powerful force in the universe is compound interest”– Albert Einstein[1]“Tomorrow and tomorrow and tomorrow, Creeps in this petty pace...
View ArticleACKMAN: 'If The FTC Misses Herbalife It's The Equivalent Of The SEC Missing...
Hedge fund titan Bill Ackman, who has been in the spotlight for his Herbalife short, is answering investor questions live at the Harbor Investment Conference at JPMorgan Chase right now. Ackman's $12...
View ArticleWarren Buffett's Favorite Valuation Metric Has Breached The 100% Level
For the first time since the recovery began, Warren Buffett’s favorite valuation metric has breached the 100% level. That, of course, is the Wilshire 5,000 total market cap index relative to GNP. See...
View ArticleTory Burch Might Have Just Gained A Very Powerful Ally
Tory Burch is having an incredible year. The designer was officially declared a billionaire, settled an acrimonious dispute with her ex, and saw her company valued at $3.5 billion. Now, Burch might...
View ArticleThomson Reuters Is Cutting 2500 Jobs While Bloomberg Is Hiring
Layoffs are about to hit Thomson-Reuters hard. The Financial Times reports that the company will cut 4% of its headcount — 2,500 people — this year.The problem is in the data department (from FT):Jim...
View ArticleA Former SAC Analyst Just Told The Feds He Was Pressured To Get Inside...
Another SAC Capital alum is talking to the feds.According to the WSJ, former SAC Capital analyst Jon Horvath says he was pressured by his superiors at the firm to get inside information on technology...
View ArticleLarry Ellison Might Buy An Airline
How do you top buying 97 percent of a Hawaiian island?Buy a Hawaiian airline to help people get there.Oracle CEO Larry Ellison is rumored to be buying Island Air, reports Dave Segal at the Honolulu...
View ArticleHere Are The Big Market Moving Events For Thursday, February 14
Tomorrow is a big day for economic indicators. The gross domestic product numbers (GDP) for several different countries are due for release before the market opens tomorrow, as are U.S. initial jobless...
View ArticleMISS: Japanese GDP Falls 0.1%
Japanese Q4 GDP came in at a miss.Analysts expected a rise of 0.1%. Instead it was a fall of 0.1%.More shocking was the 0.4% fall in nominal GDP. That's worse than the expectation of 0.0% nominal...
View ArticleBen Bernanke Is Actually A Hawk
If you look up "hawk" in the dictionary, you might find a picture of this guy, Paul Volcker.Paul Volcker took over the Federal Reserve in 1979.The CPI in 1979 was growing at over 12%. Inflation was...
View ArticleLast Quarter's GDP Report Was Even Stronger Than We Realized
Famously, Q4 GDP came in at -0.1%, marking the first quarterly contraction since the financial crisis. The culprit was a sharp slowdown in government spending, predominantly military.Anyway, we pointed...
View ArticleWhy Both Sides Would Benefit From A US-EU Free Trade Agreement
As President Obama begins his second term, this is the right moment for the United States and the European Union to work together even more closely on a number of issues relevant to both their domestic...
View ArticleBankrupt American Airlines Will Finally Merge With US Airways--Creating...
DALLAS (AP) — American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the deal late Wednesday, according to four people close to the...
View ArticleHow We Can Change Banks' Privileged Place In Society
Most of what we call money is actually short-term debt created by banks when they make loans.This means that banks are the stewards of our savings and manage the payments system.As a result, they have...
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