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US News

John Deere announces Q3 results

14 Aug 2013 @ 20:40
Net income attributable to Deere & Company was $996.5 million, or $2.56 per share, for the third quarter ended July 31, compared with $788.0 million, or $1.98 per share, for the same period last year. For the first nine months of the year, net income attributable to Deere & Company was $2.730 billion, or $6.97 […]
 

BP Pushes Back at EPA

14 Aug 2013 @ 14:13
Just in case I have not made it clear by the end of this article, let me start by saying that I despise the U.S. Environmental Protection Agency.  Therefore, I am giving BP (LSE:BP.) a one-man standing ovation (which is hard to do whilst one is typing). On Monday this week, 12 August 2013, BP […]
 

Cvent joins the NYSE

13 Aug 2013 @ 16:22
Cvent, Inc., a leading cloud-based enterprise event management platform, has jpined the New York Stock Exchange (NYSE) under the ticker symbol “CVT” after its initial public offering. KCG Holdings, Inc. is the Designated Market Maker for the company’s stock. CEO and Founder Reggie Aggarwal, accompanied by members of Cvent’s leadership team, celebrated the...
 

‘BlackBerries for Sale' or ‘BlackBerry for Sale?'

13 Aug 2013 @ 14:53
BlackBerry (TSX:BB, NASDAQ:BBRY) “revolutionized mobile phone technology when it was introduced in 1999.”   If you were there – and it’s likely, if you are reading this story, that you were – you should remember it well.  “I’ve got a BlackBerry,” was the status symbol phrase of the day.  Those of us withregular cell phones […]
 

YuMe announce NYSE IPO

12 Aug 2013 @ 11:33
Redwood City, CA based YuMe, an independent provider of digital video brand advertising solutions, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “YUME” after its initial public offering. Barclays is the Designated Market Maker (DMM) for the company’s stock. Jayant Kadambi, Co-Founder & CEO, joined by members of […]
 

Fannie Mae reports Q2 net income

11 Aug 2013 @ 21:15
Announcement may have pleased investors Fannie Mae (FNMA/OTC) reported net income of $10.1 billion for the second quarter of 2013, compared with net income of $5.1 billionfor the second quarter of 2012. The company’s net income for the second quarter of 2013 was the company’s sixth consecutive quarterly profit. Fannie Mae reported comprehensive income of […]
 

Nestlé announce 2013 HY results

10 Aug 2013 @ 23:10
Nestlé has reported that their sales increased by 5.3% to CHF 45.2 billion during the first half of 2013. Organic growth was 4.1%, composed of 2.7% real internal growth and 1.4% pricing. Acquisitions, net of divestitures, added 2.1% to sales, whilst foreign exchange had an impact of -0.9%. Commenting on the reuslts Paul Bulcke, Nestlé […]
 

"Incompetence of the First Magnitude"

09 Aug 2013 @ 16:21
This column generally focuses on company and market news of interest to serious investors.  With apologies to my bosses, I am going to take it in a different direction today, because I believe that the most important story today, although it may not be directly connected to the market, does have serious implications for any […]
 

Tesla Redefines Everything

08 Aug 2013 @ 15:36
Tesla (NASDAQ:TSLA) Redefines Everything.  That headline could be over 100 years old and it could refer to Nikola Tesla himself.  Tesla, the unsung pioneer of the development of electricity probably never imagined that “Tesla” would be the nameplate of a car and a manufacturer that are bringing the most radical change to the automotive industry […]
 

Fasten Your Seat Belts - Turbulence Ahead

07 Aug 2013 @ 15:15
Look for the next few days, if not weeks or months, to be a bumpy ride for world markets.  While Mark Carney’s remarks today (see my ADVFN colleague Tom Frew’s remarks) will have some impact on the London Exchange, the whole world is reacting to signs that the Federal Reserve is on the verge of […]
 
 
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