A common rule of thumb is that it’s better to rent a home when the cost of buying is at least 20 times higher, and it’s smarter to buy when that ratio falls to 15 or lower. Real estate search company Trulia drew upon its wealth of data to produce […]
Radioshack (NYSE: RSH) fell substantially today—from $17.61 to $15.62—on both the announcement of CEO Julian Day’s retirement and the pre-announcement of a reduced quarter four 2010 EPS that is lower than 2009 quarter four’s EPS and analysts’ estimates. RSH hired Day in 2006 after the company dealt with a disappointing […]
*See important disclosures. John Ballard uses a long-term buy and hold strategy in his Mid-Cap Fundamentals model. A buy and hold strategy generally results in fewer instances of short-term capital gains tax penalties. But because little attention is paid to the short-term price movements of the equities in a buy […]
MIT student John Kestner developed three prototype wallets that automatically connect to your bank account and physically change in response to your balance. One “un-abstracts” your digital spending based on vibration, one via resistance, and one by size. Kestner says a commercial version is in early development.
Google’s self-driving car is a way off, so imagine we start simpler. You’re stuck in traffic on the way to work, as you are every morning. Glance around and even those responsible rides with multiple passengers have one frustrated driver just like you – tapping the gas, hitting the brake, […]
Comscore numbers for December 2010 in the online finance vertical: Beet TV’s Andy Plesser published this chart comparing Bloomberg, AOL Money, MSN Money and CNN Money since last summer: And here’s an interview Plesser recently conducted with Bloomberg’s head of global Web properties, Kevin Krim, on the company’s ambitions for […]
The Wall Street Journal reports (emphasis added): Over the two years ending September 2010, Americans withdrew a net $311 billion — or about 1.4% of their disposable income — from their savings and investment accounts, according to the Federal Reserve. That’s a sharp divergence from the previous 57 years, during […]
Here’s a great new Whiteboard from Marketplace’s Paddy Hirsch, illustrating the danger of a double dip recession and where we now stand in the process: Double-dip recession from Marketplace on Vimeo.
Intuitive Surgical (NASDAQ: ISRG) announced its fourth quarter 2010 financial results Friday and the price of its shares shot up. It reported a 21 percent gain in revenues over the same quarter of 2009 and mentioned that this gain was largely driven by the increasing popularity of its robotic surgical […]
*See important disclosures In the Flexible Value Covestor model, manager Walter Lu uses a deep value investing approach that focuses on arbitrage opportunities and special situations. In his latest investment report for the model, Lu says, In August, I believed that the market was overreacting to the bleak economic outlook […]
*See important disclosures. Last week, BSG&L Growth added to their Pimco High Income Fund (PHK) position, which is the top holding in their Growth Plus Income Covestor model. The main objective for the PHK fund is to create a current income and the secondary objective is to appreciate capital. The […]
Shares of online auction site eBay (NASDAQ: EBAY) jumped today after its quarter four 2010 financial results were released. The company reported a 5 percent increase in revenues year-over-year and a 10 percent increase when excluding Skype’s financial results. At $2.5 billion, EBAY’s actual revenues beat the average estimate of […]