Yahoo finance API is not available right now, please try again soon...
Mar 31

In The News:

After years and hundreds of millions of dollars spent trying to make Chevrolet a popular mass-market brand in Europe, General Motors (GM) is making a U-turn. The company announced it is withdrawing Chevy as its No. 1 brand for mass-market vehicles in Europe and will make Opel its primary mainstream line. [Continue reading...]

Mar 28

In The News:


Steaming Sound…
Amazon (AMZN) is considering entering into the music and television streaming arena. The company is contemplating adding an advertising-supported streaming television and music/video service. The proposed streaming service could launch in the coming months and could feature original and licensed content. [Continue reading...]

Mar 27

In The News:


Never Fear, We Are Here

The International Monetary Fund (IMF) announced Thursday they have reached a preliminary deal to lend Ukraine $14 billion to $18 billion in exchange for what Ukrainian officials described as “painful” economic reforms, including budget cuts, higher gas prices and a less stable exchange rate. The IMF agreement, which still requires approval from the IMF’s board, will unlock aid from other donors, as well, setting up the Ukraine with a total of $27 billion over the next two years. [Continue reading...]

Mar 26

In The News:

Facebook World Domination

On Tuesday, Facebook (FB) announced that it will purchase the virtual reality firm Oculus VR for $2 billion (400 million cash and 1.6 billion worth of Facebook stock) as part of the company’s quest for world domination.  Oculus makes the Rife headset, which covers your eyes and immerses you in a virtual environment that responds to head movements.  Facebook plans to help the company first develop an immersive gaming platform before expanding into other fields like education and live media.  Oculus, according to Facebook, fits into the company’s long-term goals of “building the knowledge economy” and “connecting everyone.” Oculus will maintain its headquarters in Irvine, CA, and will continue to operate independently.

King Crush

King Digital Entertainment PLC, the mobile – game maker, will test investor’s faith the company can continue to produce additive games like its hit “Candy Crush Saga” when it starts trading on Wednesday under the ticker KING.  Priced at $22.50 a share the deal will raise $350 million for King and another $150 million for early investors such as private- equity groups. Candy Crush Saga has become a household name as it attracted more than 97 million daily active users last month. The game is a variation of match-three games with each level of the game board filled with different colored candies and obstacles.

In The Markets:


Asian shares closed mixed on Wednesday as investors still hold out hope the  PBOC (People’s Bank of China) will cut the reserve requirement ratio (RRR) cut soon following Monday’s disappointing economic news.


European markets closed up on better-than-expected US consumer-confidence data.


US markets rallied on Tuesday closing higher despite a mixed bag of economic news.  On Tuesday Consumer Confidence for March was announced reaching a six year high while home sales figures reached a five month low.  DJIA: +91.19 16367.88  S&P: +8.18 1865.62  Nasdaq: +7.88 4234.27

In Dinner or Drink:

Cotton Candy

2 oz Malibu® coconut rum
2 oz grenadine syrup
pina colada mix

Combine ingredients with ice in a blender. Blend well, pour into a cocktail glass and serve.

If you do what you’ve always done, you’ll get what you’ve always gotten. – Tony Robbins

Mar 25

In The News:


In the Cloud…

Cisco (CSCO) announced that it plans to spend more than $1 billion over the next two years to build up the company’s computing network (aka Cloud Services). The company also plans to use part of the money to expand data centers to take care of the new service it will build called Cisco Cloud Services. [Continue reading...]

Mar 24

In The News:


Pay by Phone Burger…
Wendy’s (WEN) is officially moving into the 21st century. The company announced they are rolling out a program which will allow customers to pay using their smartphone. The move follows a similar announcement last week from fast food chain Burger King who will start accepting mobile payments in April. [Continue reading...]

Mar 21

In The News:


Stress Test…
On Thursday, the Federal Reserve’s announced the results of their annual test of big banks’ financial health. This year’s test showed the largest U.S. firms are strong enough to withstand a severe economic downturn, potentially clearing the way for banks to reward investors with dividends and stock buybacks. The Fed said 29 of the 30 largest institutions have enough capital to continue lending even when faced with a hypothetical jolt to the U.S. economy lasting into 2015. [Continue reading...]

Mar 19

In The News:


Rumor Has It…

Microsoft is reportedly planning to launch a version of its Office software for the iPad in an attempt to cash in on the rapidly growing Apple tablet markets. Rumor has it Microsoft CEO Satya Nadella will make the big announcement during a press conference scheduled for March 27. [Continue reading...]

Mar 18

In The News:

Beauty Breach…
Sally Beauty (SBH), one of the world’s largest retailers of professional beauty products, reported that the company has found a security breach discovered on March 5, affecting fewer than 25,000 credit and debit card accounts. The Denton, Texas-based seller of beauty supplies says it is working with the U.S. Secret Service and is pursuing its own investigation with a forensics firm. “We take this criminal activity very seriously,” the company said in a statement. [Continue reading...]

Mar 17

In The News:

We’re Suing You..
The Federal Deposit Insurance Corp. (aka FDIC) is suing 16 big banks that set a key global interest rate, accusing them of fraud and conspiring to keep the rate low to enrich their bottom-line. The list of banks includes giants such as Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM). The FDIC is alleging that the banks rigged the London interbank offered rate, or LIBOR, from August 2007 to at least mid-2011.

Why exactly is LIBOR important to me??? [Continue reading...]

Mar 14

In The News:

Prime Cost:
Amazon (AMZN) announced Thursday that it is raising the price of its premium membership service, Amazon Prime, from $79 to $99 a year. The company sent an email out to Prime customers Thursday announcing the change. The email read, “We are writing to provide you advance notice that the price of your Prime membership will be increasing in 2015 [Continue reading...]

Mar 13

In The News:

Inquiring Minds Want To Know…
Herbalife (HLF), the nutrition and supplement company says that it is facing an inquiry from the Federal Trade Commission. On Wednesday, the company said it received a civil investigative demand from the FTC. The company, which has faced accusations of operating a pyramid scheme, said that it welcomes the inquiry given the “tremendous amount of misinformation in the marketplace” about its business. [Continue reading...]

Mar 12

In The News:

Suit and Tie…
After months and months (and months) of bickering back and forth, the Men’s Wearhouse (MW) is officially buying Jos. A. Bank (JOSB) for $1.8 million, or $65 a share. The board of directors of both companies unanimously approved the transaction. Combining the two companies will allow the new company both to maximize merchandise offerings and store locations. [Continue reading...]

Mar 11

In The News:

Whole Lotta Bananas…
Chiquita Brands International (CQB), yes that Chiquita, has agreed to buy Ireland’s Fyffes PLC, creating the world’s biggest supplier of fruit. The deal, worth $403 million euros or $559 million, will marry two of the world’s oldest fruit importers. The two companies combined have global operations spanning the U.S., Europe and Asia. Fyffes Chairman David McCann will become the CEO of the new ChiquitaFyffes. [Continue reading...]

Mar 10

In The News:

Deep Freeze…
Boeing (BA) announced as part of the company cost cutting it will freeze the traditional defined-benefit pensions of some of its 68,000 nonunion salaried staff, including managers and executives. The freeze will become effective in January 2016. [Continue reading...]

Mar 7

In The News:

The economy added 175,000 jobs in February higher than the 145,000 expected. The bad news the unemployment rate ticketed up to 6.7% from 6.6%. [Continue reading...]

Mar 6

In The News:

We’re Outta Here
Staples, announced Thursday, it will close up to 225 stores in North America by the end of next year as it seeks to trim about $500 million in costs annually by 2015. The closings will amount to 10 percent of all Staples locations worldwide. Currently the company has 2,200 stores worldwide, 1,500 of them in the United States. [Continue reading...]

Mar 5

In The News:

How Many…
The ADP private sector job report was released this morning showing in February 139,000 jobs were created. We will have a full recap in tomorrow’s daily digest. [Continue reading...]

Mar 4

In The News:

You’ve Been Served…
In a regulatory filing on Monday, Citigroup (C) and its affiliate Banamex USA disclosed they have receive grand jury subpoenas concerning compliance with the Bank Secrecy Act and federal anti-money laundering requirements from the U.S. Attorney’s Office and from the Federal Deposit Insurance Corp. Both companies are cooperating fully with the agency’s investigations.
On Friday, the number three bank in the U.S. announced that it has lowered its 2013 earnings by $235 million, saying it was a victim of fraud committed by Mexican oil services company Oceanografia S.A. de C.V., or OSA. [Continue reading...]

Mar 3

In The News:

The State of Apple…
At Apple (AAPL)’s annual meeting on Friday, Chief Executive Officer Tim Cook reassured shareholders, saying that the company sold more than $1 billion worth of Apple TV set-top boxes in 2013. Here are the highlights:

  • Apple acquired 23 companies over the last 16 months and will remain on the lookout for both interesting technology and companies. [Continue reading...]

Mailing List

© 2013 Before 24 / Contact / Privacy Policy / Legal