Best Stocks For 2012
Country Financial Index – Confidence Level in Overall Financial Security Holds Steady
Americans’ level of confidence in their overall financial security held steady in June, as the Country Financial Security Indexticked down just one-tenth of a point. Results indicating a more optimistic near-term view of Americans’ finances were offset by continued uncertainty about longer range issues. The survey is conducted and released every other month. While the [...]
NYT – Q3 EPS Beats By A Penny As Digital Subs Rise 15%
Shares of The New York Times (NYT) are up 35 cents, or 5.4%, at $6.87, after the company this morning slightly missed Q3 revenue expectations but beat by a penny on the bottom line. The Times said it ended the quarter with 324,000 paying subscribers to its Times digital edition “package,” and various e-reader subscription [...]
Tesla – Wunderlich, Goldman Up to Buy on Over-Reaction
Shares of electric car maker Tesla Motors (TSLA) are up $3.79, or 17%, at $26.58, rebounding from Friday’s 19% plunge, which followed the company’s disclosure that two senior engineers were leaving, ahead of the introduction of the company’s highly anticipated “Model S” car. Bulls have rushed to the rescue today, with Goldman Sachs’s Patrick Archambault [...]
Apple Taps U.K. Chain Dixons CEO to Run Retail
The U.K. electronics chain Dixons Retail exists as 1,200 stores in 13 countries in Europe, including different brands, such as “El Giganten” in Scandinavia and “Currys” in the U.K. Apple (AAPL) this morning said it found a replacement for retailing director Ron Johnson, who went to JC Penney (JCP) in November of last year, hiring [...]