The largest U.S. companies are beating the average stock in the Standard & Poor’s 500 Index by the most in more than a decade, fueled by rising dividends, valuations 31 percent below the historical average and fear. Companies in the S&P 100 from Apple Inc. to Bank of America Corp. (BAC) have gained 7.7 percent…
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Who’s the King of Smartphone Sales? – PCWorld
by Newswires • • 0 Comments
BloombergWho's the King of Smartphone Sales?PCWorldBy John P. Mello Jr., PCWorld Apr 29, 2012 10:24 AM Android phone stalwart Samsung has announced record profits for the first three months of this year, profits driven by its flourishing smartphone…
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Record Profits for Health Insurers as Many Postpone Care
by Bears Chat at The Wall Street Examiner • • 0 Comments
The nation’s major health insurers are barreling into a third year of record profits, enriched in recent months by a lingering recessionary mind-set among Americans who are postponing or forgoing medical care.
The UnitedHealth Group, one o…
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The Wall Street Mind: Triumphant…
by a Wall Street Examiner • • 0 Comments
At the end of March, Neil Barofsky, on his final day as the special inspector general of the Troubled Asset Relief Program (TARP), published a scathing indictment of the program over which he’d served as watchdog since its inception in that awful,…
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This Is What Class War Looks Like
by a Wall Street Examiner • • 0 Comments
The wealthiest 5% of Americans control 72% of America’s financial wealth. The bottom 80% control only 7% of the nation’s financial wealth. The richest 400 Americans have more combined wealth than the poorer HALF of all Americans. That means 400 p…
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Fed Pays a Record $78.4 Billion to Treasury
by a Wall Street Examiner • • 0 Comments
January 10, 2011
Fed Pays a Record $78.4 Billion to Treasury
By SEWELL CHAN
WASHINGTON — Central banking in the aftermath of a financial crisis is a lucrative business, it turns out.
The Federal Reserve will deliver a record $78.4 billion to the T…
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Freight Rates Tumbling as 35 Miles of Ships Passes Ore Demand
by a Wall Street Examiner • • 0 Comments
Freight Rates Tumbling as 35 Miles of Ships Passes Ore Demand
By Alistair Holloway – Jan 10, 2011 8:55 AM ET
At a time when analysts anticipate record profits for the biggest mining companies and a third year of gains in commodity prices, shipping lin…