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Finance Stories

Amazon snares classic shows in deal with HBO

NEW YORK (AP) — Fans of classic HBO shows like “The Sopranos” and “The Wire” will soon have access to those series and more through Amazon Prime in the first online streaming deal signed by the cable network. Starting on … Continue reading

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Ackman, Allergan and insider trading

This week a very rich man made about a billion dollars trading on material, non-public information. The investor is Bill Ackman and what he knew was that Valeant Pharmaceuticals would be making an unsolicited bid for botox-maker Allergan. Ackman knew … Continue reading

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Tim Cook needs to make a ‘creative leap’: Sculley

Apple (AAPL) needs to prove it can still make the “creative leaps” it did in the mobile phone business, former CEO John Sculley told CNBC on Wednesday. Investors, however, shouldn’t hold their breath for that kind of bold statement to … Continue reading

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Boeing soars, Allergan gains, Proctor & Gamble droops

Today’s Trending Tickers based on your Yahoo Finance searches are: American aircraft manufacturer Boeing (BA) is lifting higher on it’s earnings. The stock was up about 2% during it’s 10:30 earnings call this morning where management discussed their 14% higher … Continue reading

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An earnings tale of two biotechs – Gilead vs. Amgen

Gilead Sciences Inc. (GILD) and Amgen Inc. (AMGN) have both reported earnings. This is a definite difference in how the reports look, and it could throw a wild card report for the biotech sector on Wednesday. Gilead’s earnings looked strong … Continue reading

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Einhorn: Bubble brewing, shorting momentum stocks

David Einhorn has a clear warning for technology investors: we’re in a bubble. “Now there is a clear consensus that we are witnessing our second tech bubble in 15 years,” Greenlight Capital said in an investor letter Tuesday. “What is … Continue reading

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Ackman puts a new twist on activism with Allergan bid

Controversial hedge fund manager Bill Ackman has come up with a new way to generate alpha. The man who’s spent the the better part of the last year leading an openly self-interested battle to prove Herbalife (HLF) is a pyramid … Continue reading

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It’s put up or shut up time for Apple

Apple (AAPL) reports earnings Wednesday after the market close. Wall Street is not expecting particularly impressive results. The focus of most Apple investors appears to be on the new products Apple is expected to roll out in the second half … Continue reading

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Why UBS predicts a spring fling for the housing market

Why UBS predicts a spring fling for the housing market As the weather warms up, UBS thinks the housing market will follow. “Looking ahead, we expect a sharp spring rebound in quarterly average U.S. housing starts following the exceptionally frigid … Continue reading

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McDonald’s profit falls as U.S. same-restaurant sales slip

(Reuters) – McDonald’s Corp (NYS:MCD) posted a lower quarterly profit on Tuesday as sales at the fast-food chain’s established U.S. restaurants fell more than expected on fewer customers. Sales at U.S. restaurants open at least 13 months in the first … Continue reading

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