May 2015 - Page 31 of 80 -

S&P Breakout Holds

May 17, 2015 Jeremy Parkinson Finance 0

Friday’s action was good for what didn’t happen. Trading was muted, with action trading inside very narrow ranges, different to what had happened the day before. The S&P probably came out the best of it as Friday’s action held Thursday’s break of 2115. Watch Monday’s premarket action closely. Assuming no damage in the Europe or […]

Thoughts On The Verizon/AOL Deal

May 17, 2015 Jeremy Parkinson Finance 0

So what just happened? Verizon’s (VZ) acquisition of AOL puts an end to a long-speculated rumors of a potential merger with Yahoo or a Verizon exit. This is a $4.4B cash deal of what used to be the leading portal back in the dot-com era, when it had a $190B market cap (!). The deal leaves […]

Incredibly Shallow VC Scene For Pharma R&D In India

May 17, 2015 Jeremy Parkinson Finance 0

India pharma is touted as a big success, but what it does is not much better than Indian IT – low cost work with negligible innovation. There is no simply appetite for pharma R&D in India – not amongst companies, and perhaps as a corollary, not amongst VCs either. At Wisdomsmith we took on fund […]

King Digital Entertainment Drops 10% On Mediocre Q2 Outlook

May 17, 2015 Jeremy Parkinson Finance 0

By Carly Forster Candy Crush maker King Digital Entertainment (NYSE: KING) announced its first quarter 2015 earnings report late Thursday, May 14, sending shares down 10%. Although the game maker’s first quarter results beat expectations, a mediocre second quarter outlook sent shares down. Highlights from King Digital’s first quarter report include earnings of $0.51 per share […]

E Adieu To Don And Mad Men And Women We Love

May 17, 2015 Jeremy Parkinson Finance 0

“Mad Men” ends tonight and so will the closest I will ever experience a fetish in my lifetime. I’m willing to succumb to the most self-indulgent continuing confection ever captured on film. I ask for no mercy relieving me from “Mad Mens” creator, master storyteller, satirist, and magician. How did the world of “Mad […]

This Is What Keynesian “Success” Looks Like: Soaring Part-Time Jobs, Record Low Real Wages

May 17, 2015 Jeremy Parkinson Finance 0

Though we noted the plight of the Japanese worker in a previous post, a plight which arrived in the US some five years ago yet which the mainstream still refuses to acknowledge, the punchline may have been somewhat diluted. So here it is again, without much additional commentary. When it comes to the consequences of Japan’s QE, now […]

Overview Of Fidelity Mid-Cap Stock Fund (FMCSX)

May 17, 2015 Jeremy Parkinson Finance 0

Fidelity Mid-Cap Stock (FMCSX – MF report) a Zacks Ranked #1 (Strong Buy) was incepted in March 29, 1994 and FMCSX seeks long-term growth of capital. FMCSX invests a lion’s share of assets in common stocks of companies with medium market capitalization (those with market capitalization similar to companies in the Russell Midcap Index or the S&P MidCap […]

Obama’s Push To Expand Credit To “Credit Invisibles”

May 17, 2015 Jeremy Parkinson Finance 0

A recently released government study by the Consumer Financial Protection Bureau on “Credit Invisibles” has some interesting facts on people with and without credit histories. Approximately 188.6 million Americans have credit records at one of the NCRAs that can be scored by the commercially-available model. This represents over 80 percent of the adult population. An […]

Uranium’s Glow Still Smothered By Safety Concerns

May 17, 2015 Jeremy Parkinson Finance 0

Just when it looked like it was time to jump back into the uranium market, prices have faltered yet again. Uranium prices have taken a turn for the worse due to a combination of factors that pulled the floor from underneath the commodity. Back in November 2014, prices spiked from $28 per pound to […]

Changes To Berkshire Hathaway’s Portfolio In First Quarter 2015

May 17, 2015 Jeremy Parkinson Finance 0

After the market closed on May 15, 2015, Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B) reported its equity holdings of U.S. based companies in its SEC 13F filing for the quarter ending March 31, 2015. This report revealed numerous changes to Berkshire’s portfolio. The three largest were: (1) Warren Buffett added about $400 million (3%) to his […]