Recent Articles
Retailers Rising – TGT, M, KSS, TJX, ARO, LTD
Target (TGT) sales rose 2.4%, more than double estimated gains, and Macy's (M) sales rose 3.7%, compared with an estimated loss of 1.4%. Other gainers include Kohl's (KSS), TJX Companies (TJX) jumped 10%, Aeropostale (ARO) rose 7%, and Limited Brands (LTD) gained 10%.
How to Take the Risk Out of IPOs
The market for IPOs appears to be getting better in the US. In 2008, just 43 new listings were offered; in 2009 the number went up to 63. So far this year, there are more than 100 companies lined up to go public.
Will Low Interest Rates Jumpstart the U.S. Housing Market?
After the collapse of Lehman Brothers in the fall of 2008, the total value of U.S. mortgages was estimated at about $10 trillion. Backing out the premium included to cover the non-recourse nature of most of the loans, the value was about 10-12% lower. That's still an awfully big number.
Apple Casts Fear, Uncertainty and Doubt on HTC
When Apple (AAPL) filed its lawsuit against Taiwanese company HTC Corporation, the conventional view is that the Cupertino company was firing a shot over the bow of Google (GOOG). HTC makes smartphones using Google's Android operating system as well as Google's own Nexus One smartphone. That may be true, but it's not the whole story.
China Gaming Stocks Can’t Afford a Time Out – SNDA, CYOU, NTES, SOHU
China's growing online gaming market got some sobering news this morning with the quarterly and full-year report from Shanda Games (GAME). The parent company, Shanda Interactive Entertainment (SNDA) reported record revenue, but weak profits for the quarter.
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