DailyFinance Wire
Would You Pay $1,499 for an Apple Television?
4:00PM 2/07/12
A Best Buy online survey is asking participants how they would feel about a 42-inch HDTV from Apple. The specs it describes are impressive. But at $1,499, Apple's plan to revolutionize the way we watch TV could be priced out of the market.
Micron CEO's Sudden Death Raises Wider Questions on Corporate Successions
3:15PM 2/07/12
Every investor should be asking their portfolio companies what succession plans they have to replace their CEOs in the event of a tragedy like that which befell Micron Technology CEO Steve Appleton last week. Because unfortunately, many companies don't have any plan at all.
Top 4 Staffing Stocks for an Improving Economy
1:45PM 2/07/12
The U.S. economy has suddenly shifted into a higher gear, and "help wanted" signs are popping up at many more companies. That's great news for the whole staffing industry, but these four firms could benefit more than most.
Switching banks is a hassle, but outrage over the big financial institutions' efforts to pile on new steep fees pushed more than 2 million people to close their accounts over the past 3 months. Is Bank Transfer Day becoming Bank Transfer Year?
Facebook's IPO has focused yet another spotlight on its founder, Mark Zuckerberg. But beyond the hoopla, there's another, quieter story to be found in the wunderkind CEO -- the lessons that can be gleaned from his life.
Verizon-Redbox Deal Adds to Online Video Choices
12:22PM 2/07/12
Technology, Media, Netflix, Sony, Apple, Wal-Mart Stores, Verizon, Comcast, Amazon.com
Verizon and Coinstar are joining forces in a new Internet streaming video venture built around Redbox's DVD-rental kiosks. Details are sketchy so far, but it will bundle streaming and DVDs, and it'll probably cost less than dominant player Netflix's service.
6 Strategies for Young Adults to Save More in 2012
11:30AM 2/07/12
Saving doesn't come easily for us young adults. Entry-level salaries don't give you a lot to work with, and we tend to spend what we make. But don't worry: We're not doomed to frivolity and financial ruin. Here's how you can start saving smart.
Wal-Mart Debuts 'Great for You' Seal
10:40AM 2/07/12
Wal-Mart Stores plans to help its customers figure that out by adding a new green icon that reads "Great for You" to packaging of some of its house-brand foods. The green and white seal, which shows the stylized outline of a human figure with its arms spread toward the sky, is part of a multiyear campaign the world's largest retailer is undertaking to promote healthier products and fight childhood obesity.
Snow is beautiful to look at, but not fun to keep off your driveway. In the event of major snowflake accumulation, what will help you do the trick for the least amount of money and effort?
Another Brokerage Bites the Dust: Is Wall Street In Trouble?
9:15AM 2/07/12
Over the past couple of weeks, with little fanfare, three small brokerages bit the dust due to a dearth of trading activity on the stock markets and a lack of capital in-house. This may not matter much, but it could be the beginning of a wave of failures on Wall Street.
Why to Be Glad America Isn't Making TVs Anymore
4:35PM 2/06/12
By Rich Smith, The Motley Fool
Technology, Google , Sony, Apple
It's hard to complain too much about how Japan "stole" the high-tech electronics business from the U.S. More accurately, they took a low-margin business off our hands. And you know what we should be saying to that? Good riddance!
Tax reform sounds like a good idea to lots of people, but where to start? Eliminate the popular deduction for home mortgages? End the write-off for charitable contributions? How about expanding the Social Security payroll tax? Not likely. Politicians of all stripes in this presidential election year are clamoring for simplifying the tax code and closing loopholes. But that would mean Americans would lose some of their prized deductions.
Your Unlimited Data Plan Isn't as Unlimited as You Think
3:30PM 2/06/12
By Rick Aristotle Munarriz, The Motley Fool
Technology, Netflix, Sprint Nextel Corp, AT&T, Verizon, Deutsche Telekom
Active smartphone users better get used to an ugly buzzword: throttling. AT&T has begun slowing down the most voracious 5% of its data users. And while cell carriers may feel they have to push back against the bandwidth hogs, the customer response may be more than they bargained for.
A 'Devil Wears Prada' Take on the Wall Street Boy's Club
2:25PM 2/06/12
When Erin Duffy got her pink slip from Merrill Lynch back in August 2008, there was one silver lining. Unemployment gave her time to write a novel. The result was Bond Girl, a fun and highly autobiographical recounting of one young woman's adventures in love and bond sales on Wall Street.
The 8 Brands That Wasted the Most Money on Super Bowl Ads
1:00PM 2/06/12
Investing, Media, Ford Motor Co, Coca-Cola Company, Pepsico, Time Warner, Anheuser-Busch InBev, General Motors
Between 2002 and 2011, companies spent a whopping $2.5 billion on Super Bowl advertising; this year, a 30-second commercial cost an average of $3.5 million. But what do you get for all that cash. In the case of these eight major advertisers, not as much as they'd hoped.
5 Things to Watch This Week: Pop, Streams, Mickey Mouse, Wireless, and DVDs
11:35AM 2/06/12
By Rick Aristotle Munarriz, The Motley Fool
Earnings, Coca-Cola Company, Netflix, Pepsico, Sprint Nextel Corp, Avis Budget Group, Walt Disney, Market News
There's never a dull moment on Wall Street, especially now that the market is hitting multiyear highs. Let's go over some of the news that will help shape the week that lies ahead.
A few weeks ago, we asked DailyFinance readers for their best tips for putting your financial house in order. We've covered saving and spending wisely. Now, we move on to another key to long-term financial security: making your money work for you.
Far too many Americans haven't got enough liquid assets set aside to get them through a temporary job loss or other fiscal crisis. If you're among them, we'd like to hear from you: How has an underfunded emergency savings cushion affected you and your family.
Savers love cash-back cards, which return a fraction of what you spend in good old U.S. currency. Disciplined consumers can bank hundreds of dollars yearly: The key is knowing how to maximize your payback.
Detroit's New Focus on Small Cars and Quality Pays Off
6:00AM 2/04/12
By John Rosevear, The Motley Fool
Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos
Not long ago, each time gas prices shot up and car buyers turned to more fuel-efficient models, the Detroit automakers would get hammered. Their lineups favored gas-hogs, and their smaller models left much to be desired. Oh, how times have changed.
With Valentine's Day around the corner, pet owners aren't forgetting about the animals that supply them with unconditional love -- but they aren't going overboard, either.
The quantity of counterfeit goods entering the U.S. is increasing, and it gets worse around an event like the Super Bowl. Federal agents recently seized more than $6 million of counterfeits and shut down more than 300 illegal websites. But consumers are at risk for more than just getting a shoddy NFL jersey.
Thanks to yet another lapse by Congress, more than 20 million taxpayers may pay a tax in 2012 that was originally designed to hit only the ultra-rich. It may not happen -- but you should plan ahead for it in case it does.
Valentine's Day is coming, which means that millions of men are getting ready to drop money on Whitman's samplers and red roses. But there are other options out there -- and we know that our faithful readers have explored at least a few of them.
It sometimes seems like every new idea Amazon has dreamed up lately has been designed to help it lose money more efficiently. But the truth is more subtle: If it doesn't take these short-term hits now, it's destined to get crushed in a few years when the tax men come a-calling.
Newswire
- Bernanke: Weak housing has hurt consumer...
- Turbo-traders take Bank of America for a ride
- Greece caught between protests, austerity...
- Stocks fall sharply as Greek deal is held up
- Trade deficit widens to $48.8 billion in...
- Feds investigate door fires in 2007 Camrys,...
- NYSE Euronext profit down on blocked merger...
- Obama call for manufacturing revival a tough...
- Petrobras Shares Volatile on $225 Billion Development Plan (PBR)
- Morning Movers (CIE, ALU, LNKD, AMRS, XIDE)
- AEP Dividend Growth Still Looks Safe Ahead (AEP)
- Arch Coal Tumbles on Earnings, Forecast (ACI, ANR, PCX, BTU, CNX)
- 2011 Trade Deficit Hits 3-Year High, Over $550 Billion
- Today’s Best Market Rumors (2/10/2012) Apple iPad, Google Entertainment
- Top Analyst Upgrades & Downgrades (ALTR, AMSC, BIIB, CELG, COH, CSTR, COP, FSLR, GILD, HAIN, MA, RF, TRLG)
- Morning Wire — US Stock-Index Futures Down Sharply
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