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| Forbes - Personal Finance |
Apple's Recent Stock Price: Explanations
Thu, 17 May 2012 10:08:17 GMT Apple is trading at $546. As recently as April 9, it touched $640. A year ago, it was $332. So the stock appreciated 93% from a year ago to its high, and has retreated 15%. The retreat is making investors nervous because a $94 price drop sounds much worse than a 15% decline on the heels of a 93% run-up. Why is Apple’s stock gyrating so much? |
Facebook: Facing the Facts
Thu, 17 May 2012 02:20:08 GMT Is the upcoming Facebook offering a $100 billion sucker bet? Mark Zuckerberg, Facebook founder and CEO, during his European Tour. (Photo credit: Wikipedia) As the mainstream media amps up the hype like a bunch of teenagers partying in a house their parents have left for the weekend, there are signs that millions |
Will Adult Children Have to Pay Mom's Nursing Home Costs?
Wed, 16 May 2012 23:27:32 GMT A Pennsylvania state appeals court has ruled that the adult son of a nursing home resident is responsible for her unpaid $93,000 bill. And the decision has some elder care lawyers wondering if this is just the beginning of a trend. |
Celebrity Entrepreneurs on the Rise?
Wed, 16 May 2012 22:50:24 GMT Whereas once upon a time a celebrity lending his or her recognition to further a product was called a sell-out, today getting behind a product and using one’s fame to help it along is called entrepreneurship. And rightly so. The kind of active investment we’re seeing from celebrities like 50 Cent, Ashton Kutcher, Sean Combs and Leonardo DiCaprio is marked by market research, personal engagement in the product and an ownership stake. Sure, a lot of these glitzy moguls-in-the-making have business managers and research teams, but compare their entrepreneurial endeavors to what they could be doing – renting out their likenesses to underwear ads – and you’ve got to admit they are a little bit more engaged. |
The Five W's Of Bad Investing Behavior
Wed, 16 May 2012 21:15:15 GMT Investors are prone to making irrational decisions. The simple truth is that what feels good, or what satisfies an immediate impulse, is not always compatible with generating positive, long-term returns. |
Daily Wrap: 5/16/2012
Wed, 16 May 2012 20:36:18 GMT The markets were higher this morning, bolstered by some encouraging economic news, but fell back into negative territory later in the day, despite comments made by German Chancellor Angela Merkel saying she wants Greece to stay in the euro zone. |
Analyst Moves: BCS, GRPN
Wed, 16 May 2012 20:35:15 GMT Barclays (BCS) was upgraded today by UBS (UBS) from neutral to buy with a price target of $13.85, as the firm believes that the stock is attractive at current price levels. |
Analyst Moves: LRCX, GNW
Wed, 16 May 2012 20:31:44 GMT Lam Research (LRCX) was downgraded today by JP Morgan (JPM) to underweight from neutral with a price target of $35, as the firm expects slower growth during the second half of the year. |
Analyst Moves: LRCX, GNW
Wed, 16 May 2012 20:15:01 GMT Lam Research (LRCX) was downgraded today by JP Morgan (JPM) to underweight from neutral with a price target of $35, as the firm expects slower growth during the second half of the year. |
Bullying Doesn't Just Happen on the Playground
Wed, 16 May 2012 20:01:47 GMT The Merriam-Webster dictionary defines bullying: 1. to treat abusively, 2. to affect by means of force or coercion; also, to use browbeating language or behavior. |
Analyst Moves: BCS, GRPN
Wed, 16 May 2012 19:55:24 GMT Barclays (BCS) was upgraded today by UBS (UBS) from neutral to buy with a price target of $13.85, as the firm believes that the stock is attractive at current price levels. |
Daily Dividend Report: NOC, APC, BRCM, PPL, ACE
Wed, 16 May 2012 19:19:35 GMT Northrop Grumman Corporation (NOC) announced its quarterly dividend of 55 cents per share, an increase of about 10% over its prior dividend in February of 50 cents. The dividend is payable on June 13 to shareholders of record as of May 28. |
Mortgage Delinquencies Fall as Housing Starts Rise
Wed, 16 May 2012 17:08:38 GMT In looking at the decrease in mortgage delinquencies, announced by the Mortgage Bankers Association Wednesday, this stood out: |
Wednesday Sector Laggards: Water Utilities, Paper & Forest Products
Wed, 16 May 2012 17:00:06 GMT In trading on Wednesday, water utilities shares were relative laggards, down on the day by about 0.7%. Helping drag down the group were shares of Tri Tech Holding Ord (TRIT), off about 6.7% and shares of California Water Service Group (CWT) up about 0.2% on the day. |
Wednesday Sector Leaders: Precious Metals, General Contractors & Builders
Wed, 16 May 2012 16:58:02 GMT In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 2.2%. Leading the group were shares of Seabridge Gold (SA), up about 6.3% and shares of Silvercorp Metals (SVM) up about 6.2% on the day. |
Why It Stinks To Lose Your Job At 50
Wed, 16 May 2012 16:52:12 GMT The Urban Institute reports how older workers face steep pay cuts in Great Recession fallout, and Congress mulls over how to help them. |
How to Overcome the '5 Forces Conspiring Against Your Savings'
Wed, 16 May 2012 16:50:56 GMT Do you ever feel like the world is conspiring against your ability to retire? Some people even feel like retirement has become unattainable and obsolete. Joe Mont of The Street has a post in Forbes discussing 5 of these "external, uncontrollable" forces working against us. While we may not be able to control them, there are ways to adapt and overcome them by focusing on what you can do. |
Chico's, Target Announce Earnings
Wed, 16 May 2012 16:14:15 GMT Chico's (CHS) announced that it earned $53.6 million, or 32 cents per share in its most recent fiscal quarter, versus $45.9 million, or 26 cents per share, in the same period last year, beating analyst estimates of 30 cents per share. Revenue increased by 21 percent to $650.8 million, beating estimates of $628.1 million. The company's revenue was $537.2 million in the same period last year. |
Where Americans Lost Money Online
Wed, 16 May 2012 15:51:59 GMT Crime is alive and well on the Internet. The Internet Crime Complaint Center 2011 IC3 Internet Crime Report sheds light on the scope of online crime. This is the third year in a row that IC3 has received more than 300,000 complaints. The adjusted dollar loss of complaints was $485.3 million. |
A Survey Shows Why Your Personal Data Is at Risk
Wed, 16 May 2012 15:30:19 GMT UPDATE TO FIX GLOBAL PAYMENTS WEB ADDRESS |
Why I Waited Till My 40s To Have A Baby
Wed, 16 May 2012 13:37:26 GMT People have a lot of opinions. |
Facebook and the Google IPO
Wed, 16 May 2012 10:02:38 GMT The Google IPO. Remember? It was Hot, it was New, it was a Technology Disruptive to how people behave. The stock priced at $85, opened at $100, closed at $100.34, in August 2004. Google earned $2.07 in FY04 and $5.31 for FY05, such that the stock traded at 19x forward earnings, although the estimates were surely lower than that, on growth of over 100%. Google closed at $194 at year-end 2004 reaping the IPO investors a healthy gain. |
Think Tax-Efficient Investing Matters Now? Just Wait...
Tue, 15 May 2012 22:28:25 GMT Imagine this scenario: the top tax rate on ordinary income, including interest income, rises 25%. The highest marginal rate on long-term capital gains spikes by 60%. The top dividend tax rate nearly triples. |
10 Fast and Fuel-Frugal Sports Cars
Tue, 15 May 2012 21:50:28 GMT Not all of the quickest cars on the road are gas-guzzlers. We’ve isolated 10 models that are not only speedy – reaching 60 mph in less than six seconds – but boast combined city/highway fuel-economy of 22 mpg or better in the bargain. |
The Fastest and Most Fuel-Frugal Sports Cars
Tue, 15 May 2012 21:50:28 GMT It doesn’t take a market research maven to determine that with gas prices still hovering around the $4.00 mark, fuel economy remains of paramount importance among new-car buyers. But what if your vehicular preferences run more toward the fast and the furious – can a true sports car be both entertaining to drive and fuel efficient? |
At Best Buy, A Cold Shower For Office Romance
Tue, 15 May 2012 21:38:36 GMT Richard M. Schulze, a founder of Best Buy, resigned on Monday after the company's internal audit showed he turned the other cheek to a former chief executive's affair with a subordinate. The executive, Brian J. Dunn, 51, was romantically involved with a 29-year-old subordinate. Dunn is married with children. |
Daily Wrap: 5/15/2012
Tue, 15 May 2012 20:46:56 GMT Better than expected news on the economic front, including a sign of hope in the housing market, sent stocks higher earlier this morning, but the markets struggled to hold into their gains later in the day. Also weighing on the minds of investors was a failure by Greek politicians to form a coalition government. |
Analyst Moves: STO, ALL
Tue, 15 May 2012 20:11:32 GMT Statoil (STO) was upgraded today by UBS (UBS) from neutral to buy with a price target of $29.98 as the firm believes that the company's financial and operational performance has improved. |
Daily Dividend Report: COH, JPM, NKE, QEP, CLX
Tue, 15 May 2012 19:26:31 GMT Coach Incorporated (COH) announced its quarterly dividend of 30 cents per share, an increase of about 33% over its prior dividend in March of 22.5 cents. The dividend is payable on July 2, 2012 to shareholders of record as of the close of business on June 4, 2012. |

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| Word of the day |
Merriam-Webster's Word of the Day for May 17, 2012 is:
maffick \MAF-ik\ verb
: to celebrate with boisterous rejoicing and hilarious behavior
Examples:
Fans mafficked for hours outside the stadium, celebrating the team's dramatic victory in the division championship.
"In half an hour, after the mildest of mafficking, the last visitors of the exhibition's last day had gone out of the gates and the staff began their final acts of closing up shop." From an article in The Guardian (London), October 1, 2011
Did you know?
"Maffick" is an alteration of Mafeking Night, the British celebration of the lifting of the siege of a British military outpost during the South African War at the town of Mafikeng (also spelled Mafeking) on May 17, 1900. The South African War was fought between the British and the Afrikaners, who were Dutch and Huguenot settlers originally called Boers, over the right to govern frontier territories. Though the war did not end until 1902, the lifting of the siege of Mafikeng was a significant victory for the British because they held out against a larger Afrikaner force for 217 days until reinforcements could arrive. The rejoicing in British cities on news of the rescue produced "maffick," a word that was popular for a while, especially in journalistic writing, but is now relatively uncommon.
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