The U.S. Economy In Q1: Slow, Steady And Vulnerable [View article]
It won't be anytime soon, that we will see that "light at the end of the tunnel". Congress and the President seem to be "kicking each other's proverbial cans down the road". And, blaming each other at fault of why the debt is so ridiculously high. It'll be around 2018 or 2020 before, we see any progress...if at all. JMO
Facebook IPO: A Valuation Comparison To Other Social Media Stocks [View article]
I remember when Facebook was just a college social network. That was before it went "public" and then global. Alot has changed on that site since. Too much crap, and you really can't do much to delete what you want. Like customizing the front page. If there was even a way, to delete everything on the right-hand side, I would do it in a heartbeat. I hardly play the games on there. And, the apps are annoying. Not to mention, you can't completely get rid of it off your page. Like I said, it has changed alot since then.
Facebook finally releases its much-anticipated S-1 filing. As expected, the social networking giant plans to raise $5B through its IPO. The company claims 2011 revenue of $3.7B (+88% Y/Y), operating income of $1.76B, and net income of $1B. Mark Zuckerberg currently owns 28.4% of all outstanding shares. Facebook plans to use the ticker FB. [View news story]
Wonder if Twitter will follow in a couple of years?
Facebook is expected to file preliminary paperwork for a $5B IPO on Wednesday morning, reports IFR, citing sources close to the deal. Morgan Stanley (MS) will get the lead underwriting role, with Goldman Sachs, Bank of America, Barclays, and JPMorgan also part of the syndicate. [View news story]
I think the correct valuation is 100M. Not 100B, Stopless.
"In the first place, as an absolute number, getting paid 1 percent of a $10 billion offering means you get $100 million."
Never mind what's happening in Europe, a Giants victory over the Patriots in the Super Bowl this Sunday may be all we need for these markets to really take off. The Super Bowl Indicator - which has an 80% predictive success rate - says that if an NFC team wins, the stock market will post significant gains for the year. Meanwhile, an AFC win signals a negative year for the markets. [View news story]
Gooooo PATRIOTS! The stock market can definitely wait! I bet it would gain 50+ the next day!
While huge bonuses, robo-signings and bailouts are just some reasons why banks aren't too popular, poor everyday service and unreasonable charges that leave customers frustrated and angry are factors too. Delia Ephron provides an entertaining account of the travails of her and her husband. [View news story]
Not to mention unfriendly service from you local big banks. That's why I switched to a credit union. I get low rates, friendly and personal services. And, not to mention, I am a person, not some number at my credit union. Unlike when you go to your local big banks, where you are just a number.
Google (GOOG): Q4 EPS of $9.50 misses by $0.95. Revenue of $8.13B (25+% Y/Y) misses by $0.3B. Shares -9.1% AH. (PR) [View news story]
Things are getting "tight" after GOOG stocks fell 9% in after hours trading. Due to people not clicking on those Google ads are one of many reasons for the stock to fall.
With 800M unique users/month, YouTube (GOOG) already has a reach that dwarfs many top broadcast networks. However, the mere 15 minutes/day of video consumed by the average YouTube user limits the site's ability to monetize that huge base. YouTube is banking on its recent efforts to boost its arsenal of professionally-developed content, detailed in a lengthy New Yorker piece, to increase that figure. [View news story]
I use Youtube all the time daily to getting my news. If it weren't for the streaming delays, I wouldn't mind it at all. I only need a few minutes to get my news, anyways.
The Swiss franc is surging against the dollar and also the euro on a report SNB chief Hildebrand has resigned. Hildebrand has been under fire after it was learned his wife (a former trader) sold francs for dollars 3 weeks before the SNB moved to slash the franc's value. [View news story]
His wife was a risk-taker. I would have done the same thing, bet on the farm. What does she got to lose? She made out good. She even said she "felt good" about the trades.
More on Google+: comScore claims the service had a more modest 66.8M unique visitors in November - well below the 793M it estimates for Facebook, and also below the 167.9M and 94.8M respectively estimated for Twitter and LinkedIn (LNKD). Eric Eldon opines: "The depressing significance for those people out there wishing for Google+ to either die off or kill the rivals is that neither appears to be happening." [View news story]
Most of my friends and contacts use Google services, including Google+. So, it's no surprise it will take off in a matter of time (as dividend_growth mentioned).
I use Google+ as much as I can. I find it much better than Facebook. And, you don't have to deal with the "Privacy" issues like you would on Facebook.
Year End Window Dressing, Or A Real Rally? [View article]
If things go the way it's been lately, and on an up note; it would be nice to end the year with a bang! I predict on Friday, December 30th...it will close 12,400.00!
Market recap: The Santa Claus rally is alive and well, as a continued stream of mostly positive U.S. economic data (I, II) and the agreement to extend payroll tax cuts helped push stocks ahead to close at session highs. Of course, trading was light, Europe was quiet, and bond traders were in scarce supply, so it was hardly a directional day. NYSE advancing issues led decliners seven to six. [View news story]
Well, its always great to know the market is in a "buying" mode. But isn't the Santa Rally happen after the Christmas holiday? Like towards the end of the year? Hmm...
The U.S. Economy In Q1: Slow, Steady And Vulnerable [View article]
Facebook IPO: A Valuation Comparison To Other Social Media Stocks [View article]
Facebook finally releases its much-anticipated S-1 filing. As expected, the social networking giant plans to raise $5B through its IPO. The company claims 2011 revenue of $3.7B (+88% Y/Y), operating income of $1.76B, and net income of $1B. Mark Zuckerberg currently owns 28.4% of all outstanding shares. Facebook plans to use the ticker FB. [View news story]
Facebook is expected to file preliminary paperwork for a $5B IPO on Wednesday morning, reports IFR, citing sources close to the deal. Morgan Stanley (MS) will get the lead underwriting role, with Goldman Sachs, Bank of America, Barclays, and JPMorgan also part of the syndicate. [View news story]
"In the first place, as an absolute number, getting paid 1 percent of a $10 billion offering means you get $100 million."
http://bit.ly/y72A8U
Never mind what's happening in Europe, a Giants victory over the Patriots in the Super Bowl this Sunday may be all we need for these markets to really take off. The Super Bowl Indicator - which has an 80% predictive success rate - says that if an NFC team wins, the stock market will post significant gains for the year. Meanwhile, an AFC win signals a negative year for the markets. [View news story]
While huge bonuses, robo-signings and bailouts are just some reasons why banks aren't too popular, poor everyday service and unreasonable charges that leave customers frustrated and angry are factors too. Delia Ephron provides an entertaining account of the travails of her and her husband. [View news story]
Google (GOOG): Q4 EPS of $9.50 misses by $0.95. Revenue of $8.13B (25+% Y/Y) misses by $0.3B. Shares -9.1% AH. (PR) [View news story]
With 800M unique users/month, YouTube (GOOG) already has a reach that dwarfs many top broadcast networks. However, the mere 15 minutes/day of video consumed by the average YouTube user limits the site's ability to monetize that huge base. YouTube is banking on its recent efforts to boost its arsenal of professionally-developed content, detailed in a lengthy New Yorker piece, to increase that figure. [View news story]
~Benjamin
The Swiss franc is surging against the dollar and also the euro on a report SNB chief Hildebrand has resigned. Hildebrand has been under fire after it was learned his wife (a former trader) sold francs for dollars 3 weeks before the SNB moved to slash the franc's value. [View news story]
~Benjamin
Forget McDonald's, Buy Wendy's Instead [View article]
Forget McDonald's, Buy Wendy's Instead [View article]
MCD is to Fast food as WMT is to retail. They both spit out cash and revenues. Whether you like them or not, they are truly a money machine.
Oil shares gain as crude breaches the $100 mark: Chevron (CVX +0.6%), Occidental Petroleum (OXY +0.9%), Hess (HES +0.6%), Haliburton (HAL +1.4%) [View news story]
~Benjamin
More on Google+: comScore claims the service had a more modest 66.8M unique visitors in November - well below the 793M it estimates for Facebook, and also below the 167.9M and 94.8M respectively estimated for Twitter and LinkedIn (LNKD). Eric Eldon opines: "The depressing significance for those people out there wishing for Google+ to either die off or kill the rivals is that neither appears to be happening." [View news story]
I use Google+ as much as I can. I find it much better than Facebook. And, you don't have to deal with the "Privacy" issues like you would on Facebook.
~Benjamin
Year End Window Dressing, Or A Real Rally? [View article]
~Benjamin
Market recap: The Santa Claus rally is alive and well, as a continued stream of mostly positive U.S. economic data (I, II) and the agreement to extend payroll tax cuts helped push stocks ahead to close at session highs. Of course, trading was light, Europe was quiet, and bond traders were in scarce supply, so it was hardly a directional day. NYSE advancing issues led decliners seven to six. [View news story]