The $19 billion WhatsApp deal could become the Facebook founder's legacy . . . or his albatross.
VIDEO ON MSN MONEY
The discount chain's quarterly results fall short of expectations, while the home improvement retailer beats estimates.
By Joseph Woelfel, TheStreet
Updated at 9:38 a.m. ET
Wal-Mart (WMT), the world's biggest retailer, posted a profit of $3.34 billion, or 97 cents a share, excluding certain items, for the quarter that ended in October. Analysts surveyed by Thomson Reuters had expected the company to earn 98 cents.
Home Depot (HD) said its third-quarter net income rose 12% to $934 million, or 60 cents a share, compared with $834 million, or 51 cents per share, in the year-ago period. Sales climbed 4.4 percent to $17.3 billion. Analysts surveyed by Thomson Reuters expected earnings of 59 cents a share on revenue of $17.1 billion. The company also raised its dividend by 16 cents to 29 cents a share.
The home improvement chain also raises its full-year outlook for the third time in 6 months and increases its dividend.
The home improvement retailer benefited in the quarter as residents along the East Coast bought generators and other supplies for ahead of Hurricane Irene in late August.
The Federal Reserve says America’s largest financial institutions will have to endure another round of testing in upcoming weeks to prove their financial strength to confront another recession.
By: Kalyan Nandy - Zacks Equity Research
America’s largest banks will have to endure another round of stress tests in upcoming weeks to prove their financial strength to confront another recession, Federal Reserve Vice Chair Janet Yellen said Friday at a banking conference.
This will mark the fourth round of bank stress tests since 2009. The tests monitor the 19 banks regulated by the Federal Reserve.
The aluminum-products manufacturer has made a lighter electric bus that one automaker plans to mass produce.
By: Zacks Equity Research
Alcoa (AA) has created a new all-aluminum bus design and space frame for Chinese automaker BYD, reducing the body weight of BYD's new electric bus by around 1 ton, or 40%, compared to steel components.
The aluminum-products manufacturer also cut the overall weight of the bus by 1.2 tons with its "Huck-Spin" fasteners and forged wheels. The reduction in overall weight will increase the electric bus’ overall range by at least 10% to roughly 300 kilometers on a full charge.
It's no iPad, say those who have used the device. But even with its limited functions, the Kindle's price is the star feature.
The reviews are perhaps not as glowing as Amazon would like. Critics hit hard on some hardware choices, like no button for controlling volume, but praised the Fire's display and navigation. The device goes on sale this week for $199.
A timely juice bar acquisition is worse -- and better -- than you probably think.
By Rick Aristotle Munarriz
Paying $30 million for a natural juice company may not seem to move the needle at a company with a market cap more than 100 times greater, but it is worth exploring if Starbucks lives up to its plans to introduce Evolution into its java havens, expand retail distribution, and eventually roll out juice bars.
Investing in bonds of individual countries requires careful observations of each nation's strengths and weaknesses, but can prove rewarding.
By Roger Nusbaum, TheStreet
Many years ago I made the obvious observation on my blog that investors needed access to foreign bonds through ETFs and that at some point these types of funds would start to be offered. Shortly thereafter came another obvious observation that the first broad-based funds would be insufficient due to huge weightings in Japan and its low yields, and I indicated that what were really needed were individual country bond funds.
Pimco has seemingly embraced the idea wholeheartedly by recently launching the Pimco Australia Bond Index Fund (AUD), the Pimco Canada Bond Index Fund (CAD) and the Pimco Germany Bond Index Fund (BUND). All three funds will have an expense ratio of 0.45% but it is too early for any reliable yield information other than the funds intend to pay a monthly dividend. The funds will own a mix of corporate, sovereign and quasi-sovereign -- similar to U.S. municipal bonds -- debt.
The Oracle of Omaha explains how he decided to buy IBM and gives his opinion on the US deficit and the Republican presidential race.
It all started with IBM's annual report, which Buffett read in March. Buffett has read the technology company's annual report every year for 50 years, he tells CNBC in the video below. But this year he got a different perspective when IBM laid out its road map for 2015.
After perusing the report, Buffett read "Who Says Elephants Can't Dance?"by former IBM chief executive Lou Gerstner, Jr. Then he chatted up all the information-technology departments operating under Berkshire Hathaway (BRK.A) to figure out their relationships with IBM.
The retail giant's technology push won't show up in Tuesday's third-quarter results, but could be a catalyst for the stock.
By Jeanine Poggi, TheStreet
Wal-Mart's (WMT) U.S. same-store sales will once again be front and center when the discount giant reports third-quarter results on Tuesday. But there's another key element that will be mostly invisible, at least for now, in the results: its investment in technology.
Currently, Wal-Mart's e-commerce is severely lacking, representing less than 1% of total sales, according to Citi analyst Deborah Weinswig. But the No. 1 retailer has been pouring money into its new @WalmartLabs division, which has assumed responsibility for the company's growth in e-commerce, mobile shopping and social media.
More than two-thirds of the S&P 500 has posted better-than-expected third-quarter earnings. But because so much of those strong numbers depends on overseas sales, the crisis in Europe could stymie further growth.
By Suzanne McGee, The Fiscal Times
On the surface, earnings news for the third quarter has been rosy indeed. With all but a handful of companies in the S&P 500 left to report, more than two-thirds have posted a larger-than-expected increase in profits for the period, while only 10% or so have fallen short of estimates.
But there’s a cloud looming on the horizon. A lot of that growth, as companies like General Electric (GE) discussed when they reported, is coming from overseas markets, especially in emerging markets. GE, for instance, noted that growth in sales in Europe, North America, and Japan is in the low single digits; in emerging markets, it’s in the low double digits.
Speculators should consider this high-risk, high-yielding Israeli wireless-telecom operator.
Despite political tension in the region, Israel is home to one of the most undervalued dividend stocks I know of: Cellcom Israel (CEL).
If your long-term investing goals include generating income and modest capital appreciation, I suggest you dial up some dividends in the Middle East and consider adding some shares to your portfolio.
|Tags:||The Stock Advisors|
Investors should keep an eye on exchange-traded funds that own Home Depot, Lowe's and Wal-Mart.
By Don Dion, TheStreet
1. SPDR S&P Homebuilders ETF (XHB)
Housing-related retail giants Home Depot (HD) and Lowe's (LOW) are reporting their earnings and provide outlooks in the closing days of earnings season. The two are notable holdings within the XHB and iShares Dow Jones U.S. Home Construction Index Fund (ITB).
Earnings-related news should impact the performance of this industry during the first half of the week. Meanwhile, economic events such as the housing starts report will drive action during the second half.
The country's power-grid giants could make life harder for automakers by pushing a costly and difficult requirement for electric vehicles.
This will support growth of electric-vehicle (EV) sales and hybrid sales over the medium-term, spelling good news for automakers such as General Motors (GM), Ford (F), Toyota (TM), Honda (HMC) and Tesla Motors (TSLA), which have been investing heavily to develop fuel-efficient and electric vehicles.
With the White House unwilling to back oil or natural gas and a new strain of Republicans opposed to any kind of government involvement in industry, as many as 300,000 energy jobs go begging.
Look, it is one thing to try to block Keystone, the heavy crude pipeline from Canada that some people say could endanger key aquifers in the U.S. I get that. There is always going to be something endangered when you move energy from one place to another. Always. There are a lot of jobs on the line, but I can see where, if the big aquifers can be avoided, you have to try to do so.
Weak chart patterns show that now is no time to be long these shares.
By Tom Aspray, MoneyShow.com
Though the long-term argument suggests there may eventually be a shortage of rare-earth metals, the technical action of the key stocks suggests they are vulnerable to another sharp decline.
Molycorp (MCP), the largest rare-earth stock, was hit hard Friday after reporting earnings after the close on Thursday.
MORE ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
The relationship between the country's currency and how its traders use the metal as collateral is being revealed.
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.
[BRIEFING.COM] At midday, the major averages trade in mixed fashion. The Nasdaq (+0.1%) hovers just above its flat line while the Dow Jones Industrial Average (-0.2%) and S&P 500 (-0.1%) display modest losses after making a brief appearance in positive territory.
Equity indices began the day on the defensive, but were quick to notch their lows before turning around and heading back to their flat lines. The early weakness took place amid cautious action in Europe where the major ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|