The AtlanticGlobal IPO Market Keeps ShrinkingWall Street JournalEven with the Facebook offering, the value of IPOs in the second quarter was down a third from a year ago and was below that of just from emerging markets in the fourth quarter of 2010.Fac…
Tag Archive for Fourth Quarter
Housing News, Latest Business Headlines
Americans Sees Biggest Home Equity Jump in 60 Years: Mortgages – Bloomberg
by Newswires • • 0 Comments
Home equity in the first quarter rose to $6.7 trillion, the highest level since 2008, as homeowners taking advantage of record-low borrowing costs to refinance their loans brought cash to the table to pay down principal. The 7.3 percent gain was the biggest jump in more than 60 years, according to an analysis by Bloomberg…
Latest Business Headlines
New York City Budget Balanced With Help From Wall Street – Bloomberg
by Newswires • • 0 Comments
New York City balanced its $68.7 billion spending plan for fiscal 2013 with revenue from $7.3 billion in Wall Street firms’ first-quarter profits, state Comptroller Thomas DiNapoli said. New York Stock Exchange firms bounced back after losing $2 billion in the fourth quarter of 2011, DiNapoli said in his yearly analysis of the city budget……
Latest Business Headlines
DaVita Agrees to Pay About $4.42 Billion for HealthCare Partners – Bloomberg
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DaVita Agrees to Pay About $4.42 Billion for HealthCare PartnersBloombergDaVita Inc. (DVA), a provider of kidney dialysis services, agreed to pay about $4.42 billion to acquire HealthCare Partners, an operator of medical groups and physician networks. …
Latest Business Headlines
THQ slips in the red in fourth-quarter as weak market weighs – Reuters
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GamasutraTHQ slips in the red in fourth-quarter as weak market weighsReuters| SAN FRANCISCO (Reuters) – Video game publisher THQ Inc (THQI.O) slipped to a loss in its fiscal fourth quarter, as it struggles with a weak market and restructuring. The comp…
Latest Business Headlines
US homeownership rate at 15-year low – Chicago Tribune
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BloombergUS homeownership rate at 15-year lowChicago TribuneHigh foreclosure rates and a strong rental market pushed the homeownership rate in the US to a 15-year low, even as projections for the housing market grew brighter. The 65.4% rate in the firs…
Bears Chat, Best of the Forums, Must Read
U.S. homeownership rate drops to 15-year low in Q1
by Bears Chat at The Wall Street Examiner • • 0 Comments
U.S. homeownership rate drops to 15-year low in Q1
Reuters – 44 minutes ago.. .
WASHINGTON (Reuters) – The share of privately owned U.S. homes fell to a 15-year low in the first quarter, government data showed on Monday, suggesting that falling hous…
Latest Business Headlines
The Sun Is Setting on LDK Solar As Losses Mount – Forbes
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RechargeThe Sun Is Setting on LDK Solar As Losses MountForbesSmacked by plunging solar panel prices, LDK Solar Inc. (LDK) became the latest in a string of solar companies to post quarterly losses due to mounting impairment charges. Citing a rapidly det…
Money Morning, Must Read
Subprime Student Slaves: The Lowlife Trap of Higher Education
by Shah Gilani • • 0 Comments
And the strong to seem to get more
While the weak ones slave
Empty pockets don’t ever make the grade
Mama may have, and Papa may have
But God bless the child that’s got his own
That’s got his own.”
We can thank the late, great Billie Holiday for those lyrics. And we can thank our higher education system for giving “the child that don’t his own”a chance to get some.
Some debt, that is.
Students, many of them adults looking to gain new skills, are being systematically ripped off and enslaved by schools and lenders, blinding them with hope about what a higher education can do for them while bilking them for billions in the process.
It’s a dirty game, and a big one at that. You probably know, because you probably owe.
But wait.
First, let me offer some insights on the market before I get to my indictments…
Why the Doom and Gloom?
So far, so good…as far as earnings season, that is. Three quarters of companies reporting, so far, have beaten Street expectations. And 81% have offered up better than expected revenue forecasts for the future.
So… why all the doom and gloom?
Must Read
US Treasury Issues Cautiously Bullish Outlook For TBAC
by Lee Adler • • 0 Comments
WASHINGTON – The recovery continued to firm in the The recovery continued to firm in the final quarter of last year, and labor market conditions improved. According to the advance GDP report released last week, the economy grew by 2.8 percent at an annual rate in the fourth quarter, the tenth straight quarter of growth…
