J.C. Penney (JCP) EVP of construction Ben Fay has reportedly left the company. Of interest, in light of JCP's ambitions to revamp its stores, and given recent reports that JCP may have cut corners on building codes in an effort to speed construction. [View news story]
Thanks for commenting Transcripts&10-K's.
The Market Current does link to a source (in this case StreetInsider). You should check out this NY Post article from yesterday which raised the building permit issues: http://bit.ly/ZnBaMn.
Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR) [View news story]
Nasdaq futures are signalling post-market gains when halt is lifted at 4:50.
Contrarian signal? Will they fuel the next leg down? Recall that demand for AAPL shares skyrocketed among retail investors as it dropped from $700. Still no significant bounce there.
An increase in the factory workweek to the longest since World War II indicates that the jobs growth in the sector is set to continue. Production staff worked an average 41.9 hours a week in February, tying with December 1997 and January 1998 as the most since May 1944. Companies will need to think about recruiting for future needs, not just for their immediate requirements, if demand stays steady, says employment consultant John Challenger. [View news story]
An increase in the factory workweek to the longest since World War II indicates that the jobs growth in the sector is set to continue. Production staff worked an average 41.9 hours a week in February, tying with December 1997 and January 1998 as the most since May 1944. Companies will need to think about recruiting for future needs, not just for their immediate requirements, if demand stays steady, says employment consultant John Challenger. [View news story]
I don't understand. They're not switching max work hours to 30. Thirty hours is just the threshold at which point you need to offer healthcare.
James Altucher: Why The Stock Market Is A Sucker's Game Right Now (And What Stocks I Own) [View article]
I like how you back up your intuitions with practical picks.
A question: Why are you going after tiny PTRC.OB instead of a bigger fracking name?
J.C. Penney (JCP) EVP of construction Ben Fay has reportedly left the company. Of interest, in light of JCP's ambitions to revamp its stores, and given recent reports that JCP may have cut corners on building codes in an effort to speed construction. [View news story]
The Market Current does link to a source (in this case StreetInsider). You should check out this NY Post article from yesterday which raised the building permit issues: http://bit.ly/ZnBaMn.
Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR) [View news story]
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Elsewhere, it seems to be trading for about $70.
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Bubble? Maybe. Volatile? Yeah!
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Is this your own intuition, or do you have mathematical proof?
Today, FDX -4.1%, futures up nicely...
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#what-am-i-missing?
Why An Acquisition Won't Increase New York Community Bancorp Inc.'s Value By $2 Per Share, If At All [View article]
An increase in the factory workweek to the longest since World War II indicates that the jobs growth in the sector is set to continue. Production staff worked an average 41.9 hours a week in February, tying with December 1997 and January 1998 as the most since May 1944. Companies will need to think about recruiting for future needs, not just for their immediate requirements, if demand stays steady, says employment consultant John Challenger. [View news story]
Tandy Leather Factory: A Great Company Selling At A Normal Company's Price [View article]
An increase in the factory workweek to the longest since World War II indicates that the jobs growth in the sector is set to continue. Production staff worked an average 41.9 hours a week in February, tying with December 1997 and January 1998 as the most since May 1944. Companies will need to think about recruiting for future needs, not just for their immediate requirements, if demand stays steady, says employment consultant John Challenger. [View news story]