US News

Will Apple Maintain Their Incredible Success?

Sep 01 2012 @ 20:01
A key question  for Apple (NASDAQ:AAPL) shareholders relates to its extremely high earnings per share (currently $41.02).  Investors have been able to ignore this warning sign because the company has maintained the popularity of its products, whilst generating new revenue streams and product lines.  The question is: how long will Apple sustain its earning levels? […]

Sears Is Out of the S&P 500

Aug 31 2012 @ 11:21
The iconic, former king of American retail has suffered yet another embarrassment as it struggles to reshape itself and survive.  It was announced yesterday that Sears (NASDAQ:SHLD) would be dropped from the S&P 500 as of Tuesday, September 4th. Some Good Things Never Last In the 1960’s Sears was the place America shopped.  Sears had […]

Are Shoppers Flocking Back To Malls? Retail Sales in August Suggests So (JWN, GPS, TGT)

Aug 31 2012 @ 09:45
Economic uncertainty and high level of unemployment kept a lid on U.S. consumer spending for most part of this year; however, looking at retail sales results for August, it seems that U.S. consumer confidence is gradually rising, and so is the shopping budget.

Carlyle to Acquire DuPont’s Unit (DD)

Aug 30 2012 @ 09:33
Private equity firm, Carlyle Group has announced that it will be buying DuPont’s (NYSE:DD) DuPont Performance Coatings (D.P.C.) unit for $4.9 billion in cash.

Citigroup to Pay $590 Million to Settle Lawsuit (C)

Aug 30 2012 @ 09:32
Citigroup Inc. (NYSE:C) will be paying $590 million to settle a lawsuit by its shareholders, who claimed that the bank kept them in dark by not disclosing massive losses arising out of subprime mortgage assets before the baking crisis erupted.

PV Crystalox – Time to Shut Down Operations and hand back cash NOW. The fat Lady is singing in Chinese

Aug 30 2012 @ 04:43
I argued a few weeks ago on that AIM listed solar wafer producer PV Crystalox (LSE:PVCS) should shut its operations at once and return all its cash to shareholders. The share price is 7.9p valuing PV at £32 million and the company (as at the half year) had net cash of 122 million Euro,   […]

Hertz Acquires Dollar Thrifty Group - Set to Give Enterprise a Run for the Money

Aug 29 2012 @ 06:37
The Hertz Global Holdings car rental group’s (NYSE:HTZ) acquisition of the Dollar Thrifty Group (NYSE:DTG) has the potential to shake up the US car rental business with its underlying strategy, if it gains regulatory approval and if it can manage its debt load.  DTG shares rose 7.5% to $87.08 yesterday setting a new five-year high […]

Sanderson Farms Reports Q3 Results (SAFM)

Aug 28 2012 @ 09:48
Chicken producer, Sanderson Farms Inc. (NASDAQ:SAFM) reported better-than-expected fiscal third quarter earnings and revenue as sturdy demand in grocery stores helped company to raise prices of poultry products.

TPC Group to Be Acquired By Private Equity Firms (TPCG)

Aug 28 2012 @ 09:16
Amid sharp plunge in prices of its main product, butadiene, on account of weak demand from tire manufacturers, chemical company, TPC Group Inc. (NASDAQ:TPCG) has agreed to be acquired by private equity firms First Reserve Corp. and SK Capital Partners in a deal estimated at $627.2 million.

Trimble Navigation to Acquire TMW Systems (TRMB)

Aug 27 2012 @ 09:54
Trimble Navigation Ltd. (NASDAQ:TRMB) revealed on Monday that it is about to acquire TMW Systems Inc, a specialized software maker for transportation and logistics industries, in an all cash deal worth $335 million.
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