US News

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 […]

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 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 […]

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 (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 […]

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 […]

If your mother owns company stock, is it time to warn her? Time Warner Inc. has reported financial results for its first quarter ended March 31, 2013. Chairman and Chief Executive Officer Jeff Bewkes said that the media giant was “off to a strong start in 2013, making us even more confident in our full-year […]

The Walt Disney Company today reported earnings for its third fiscal quarter and nine months ended June 29, 2013. Diluted earnings per share (EPS) for the third quarter of $1.01 was equal to the prior-year quarter. Excluding certain items affecting comparability, EPS for the quarter increased 2% to $1.03 compared to $1.01 in the prior-year […]

USDX Daily Analysis for August 06, 2013 Daily chart: The USDX has found support at the level of 81.50 and the 200 day moving average. But in yesterday’s session, the USDX found resistance at the 82.51 level, which means that these levels will be vital for the development of the general trend in the USDX. […]

It’s not likely that there could be any bigger news out of the U.S. today than the announcement that Amazon (NASDAQ:AMZN) CEO, Jeff Bezos has agreed to purchase the Washington Post (NYSE:WPO).  We’re not talking about buying a single copy or signing up for a subscription.  We’re talking about him buying the whole enchilada.  Actually, […]