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 Profit Outlooks 90% Negative, Wages Are Down, Revenue Streams Are Drying Up, Cost Cutting Measures Are Maxed Out, And US Government Debt Threatens National Security Earnings Cliff Ahead? Profit Outlooks 90% Negative CNBC: Earnings conference calls are beginning to resemble crisis hotlines as corporate executives slash profit forecasts because of fears of higher taxes, a recession in Europe and slowing economy in China. Of the 20 companies in the S&P 500 (^GSPC) that have provided [...] DOW Dropped a whopping 80 points in last 10 minutes! finance.yahoo.com/echarts?s=^DJI+Interactive#symbol=^…
Quad Witching Day Sends NYSE Volume Soaring To Highest In Over A Year Between quarter-end, quad-witching, and the index-rebalancing, activity at the NYSE soared today.More than triple the average of the last few weeks, today’s volume was the highest since the US downgrade last August – over 13 months ago - and given the downward pressure in prices into the close it seems [...] I understand the process of finding suitable dividend stocks can be downright exhausting. After all, screening for companies with high recurring revenue streams, low debt to equity ratios, high free cash flow, a history of increasing dividends (among other fundamental traits) and an attractive yield takes time. That’s why we’re here to help, of course. But that’s beside the point. What worries me is the conventional wisdom that says our work is done [...] NEW YORK (CNNMoney) — San Bernardino became the third California city to file for bankruptcy in the past few weeks … but it won’t be the last. Many municipalities in the Golden State and around the nation are struggling to cover their costs as the economic malaise continues to hurt tax revenue streams, experts said. This will lead to more municipal bankruptcies, which have been rare until now. “This is not the [...] Facebook is casting around for new sources of revenue, Geoffrey Fowler and Shayndi Raice of the Wall Street Journal report.
One new feature the company is testing is called “Highlight.” Currently live in New Zealand, Highlight allows you to pay up to NZ$2 (~$1.50 US) to be sure that your friends see a post. It’s a per-post charge. (Without this, your post might get pushed down your friends’ news feeds before they see it. Or Facebook’s algorithms [...] The bonuses can reach $15million for some teams over the course of years Bonuses offered by the U.S.’s biggest securities companies to recruit top brokers are reaching their loftiest levels since the financial crisis, and none of the big firms are [...] Last month, the capital city of Pennsylvania filed for Chapter 9 bankruptcy protection. Harrisburg had taken out a $317 million loan to fund a municipal incinerator, but it didn’t have the money to pay even interest on the loan, much less the principal. So the Harrisburg City Council did what any debtor, backed into a corner and seeing no way out, would do. Itfiled for bankruptcy protection. Court Calls “Backsies” That was a [...] The cost of entering Manhattan via the Hudson River crossings would hit a staggering $15 for cash-paying customers this September under a Port Authority proposal. Commuters using EZPass at the Holland Tunnel, Lincoln Tunnel and George Washington Bridge would pay $12 per trip – and that would increase to $14 in 2014, the bi-state agency announced Friday. The current toll is $8. The proposed increases would also [...] Google Strategy: 1. Best in Search (Algorithms and Scale) It’s anger against Wall Street and unemployment. People are sick of being told the economy is recovering when there aren’t any jobs. It appears to me that we have a two-tiered economic recovery. Big corporations have slashed payrolls to the bone, and are now reaping that benefit as their revenue streams begin to recover. Those big corporations that needed bailouts have gotten them, with sweetheart deals to the unions thrown in. Banks are [...] |
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