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Nov 28

In The News:

No Go…

While you were eating turkey on Thursday OPEC members were rejecting calls to cut their oil output. Instead the cartel decided to keep their production ceiling unchanged and suggested it will be brace for lower prices long term. The 12-member Organization of the Petroleum Exporting Countries, who collective pump more than one-third the world’s oil, agreed and committed at their meeting in Vienna to stick with the group’s target of producing 30 million barrels a day. Currently, the group is pumping around 300,000 over their ceiling so you could say the group is kinda cutting down oil productions. OPEC’s decision sent crude prices into a tailspin on Thursday with WTI (West Texas Intermediate) trading at $68.75.

You’ve Been Served

According to a lawsuit filed in the U.S. this week major banks Goldman Sachs, HSBC and Standard Bank conspired to manipulate platinum and palladium prices. The banks, the lawsuit alleges, shared illegal information with customers and other banks giving them the ability to execute trades in advance of price movements.  The class-action suit filed in New York alleged the four defendants shared nonpublic information about client purchases and sale orders to manipulate prices for their benefit and to the detriment of plaintiffs. Due to the bank’s conspiracy Modern Settings, a US maker of jewelry and other metals products alleges they have lost money on tens of thousands of transactions. The complaint alleges the manipulation began as early as 2007 through the present. Modern Settings, is seeking to bar the illegal conduct and gain unspecified financial damages.

In the Market:


Asian markets end the week mixed following weak economic data and declining oil prices.


European stocks ended Wednesday with a whimper giving up three straight winning sessions despite comments from the ECB Vice President that the bank is prepared to start buying governments bonds as early as the first quarter of 2015.


U.S. markets closed on Wednesday as a mixed bag of economic data overshadowed a solid GDP reading. DJIA: +12.81 17827.75 S&P: +5.80 2072.83 NASDAQ: +29.07 4787.32

In Word Of The Day:

West Texas Intermediate Crude (WTI)

Light, sweet crude often referred to “oil” in the Western world. It is considered a “sweet” crude because it contains a lower concentration of sulfur than its cousin North Sea Brent crude. WTI is the underlying commodity on the New York Mercantile Exchange’s oil futures contracts.

In Dinner or Drink:

Oil Rig

1 oz. cheap Scotch whisky
1 oz. peppermint schnapps

Pour both ingredients into a double shot glass (or whiskey sour glass, etc.) and serve.

Have a safe and wonderful weekend, Ya’ll!

Nov 25

In The News:

Epic Fail…

Oops, Twitter did it again… Twitter finance chief Anthony Noto appears to have accidentally tweeted a message that he intended to send privately. The presumed subject of the tweet…..a potential acquisition by the company. The tweet, which read “I still think we should buy them. He is on your schedule for Dec 15 or 16 — we will need to sell him. I have a plan,”, set off a wave of speculation as to which company Twitter was targeting for a potential purchase. The tweet was quickly deleted. Twitter (TWTR) has been a source of disappointment for investors lately as its shares are down 17% since the company indicated in late October that new user growth was slowing.


Coca-Cola (KO) is making a bold move away from its soda business, which has been in decline for years, over to a very different beverage: milk. Late in December, Coca-Cola is planning to launch a new kind of milk to stores nationwide which will contain 50% more protein and 50% less sugar than regular milk. The new product, called Fairlife, will be cold-filter to concentrate the protein and calcium while removing the fat and sugar. Also, the product has no lactose or added proteins. Fairlife will be marketed as a premium milk, and it will undoubtedly have a premium price.

In The Markets:


Asian markets closed mixed on Tuesday with Chinese markets hitting another three-year high. Investors remained on a sugar high after the country’s central bank cut its rate’s last week.


European shares rose Monday as investors still feel encouraged by hints of further stimulus from the ECB last week.


U.S. markets closed higher on Monday with investors continued to feel the love after last week’s hints of ongoing stimulus in Europe and China. DJIA: +7.84 17817.90 NASDAQ: +41.92 4754.89 S&P: +5.91 2069.41

In Word Of The Day:

European Central Bank (ECB)

The ECB is one of the world’s most important central banks as it administers the monetary policy for the Euro and the 28 EU member states. The bank was established by the Treaty of Amsterdam in 1998 and its headquarters is in Frankfurt Germany. The current ECB President Is Mario Draghi, former governor of the Bank of Italy.

In Dinner Or Drink:

1 oz. vodka
1 oz. strawberry schnapps
1 oz. 99 Bananas® banana schnapps
1 oz. milk

Mix All ingredients in a container with ice (crushed or cubed), Pour into shot glasses.



Nov 24

In The News:


It seems like 2014 can be labeled the year of the recall. Here is one more to add to your list. On Friday, Toyota announced that it will recall nearly 423,000 Lexus brand cars in the U.S. to fix fuel leaks that can potentially cause fires. The recall effects 2006 - 2011 GS, 2007-2010 LS, and 2006-2011 IS models. According to the automaker, the car’s fuel lines [Continue reading...]

Nov 21

In The News:


On Thursday, the Federal Reserve launched a sweeping review of how they supervise big banks amid growing criticism its process for policing Wall Street isn’t effective and stifles dissent. The review will focus on whether senior staff are given enough information when making decisions affecting the largest financial firms, including “whether channels exist for decision makers to be aware of divergent views.” Conducting the review will be the Fed’s inspector general and a team of Fed staff in Washington. [Continue reading...]

Nov 20

In The News:

Fed Speak…

On Wednesday, the Federal Reserve released the minutes from their last meeting. No real surprises were found in the minutes. Here’s what we learned:

  • Fed officials deiced the economy had improved enough to halt the bong purchase program.
  • Fed officials renewed a debate from their September meeting whether they should alter the “considerable time” language they have used since the spring when describing their desire to that they expected to keep a key short-term interest rate low after halting monthly bond purchases. Removing the wording they worried would be misinterpreted by the markets.

Looks like the fed is still on track for a rise in interest rates sometime in 2015.

Cut In Run…

Anheuser-Busch InBev NV (BUD) confirmed on Wednesday it will cut jobs and consolidate its sales division in the United States. The move comes after the world’s largest brewer posted weak third-quarter results in its largest market. The company declined to specify how many salaried employees are being laid off however, the company did reveal they will come from divisions ranging from marketing and procurement to sales and brewery operations. The brewer employees 15,000 in the U.S, where sale of key brands like Budweiser and Bud Light have been on the decline for years.

In The Markets:


Asian markets traded mixed on Thursday as traders reacted to economic data from Asia’s two biggest economies.


European shares closed slightly lower on Wednesday as investors awaited the Federal Reserve policy meeting minutes.


U.S. Markets closed lower on Wednesday as investors sorted out what hints, if any, the minutes from the last fed meeting could provide. DJIA: -2.09 17685.73 S&P: -3.08 2048.72 NASDAQ: -26.73 4675.71

In Word Of The Day:

The Federal Reserve System (also known as the Federal Reserve or the Fed)

The Federal Reserve is the US’s Central Bank.   It was created on December 23, 1913, as a response to a series of financial panics.   The System consists of a seven member Board of Governors based in Washington, D.C., and twelve Reserve Banks located in major cities throughout the US.  The members of the board and the twelve Reserve Banks meet monthly to determine the country’s monetary policy at the FOMC meetings.

In Dinner or Drink:

Coco Bud Lime

6 Oz Coconut soda
6 oz. Bud Light® lager
3 oz. Malibu® coconut rum
0.25 oz. Coco Lopez® cream of coconut
1 lime wedges

Pour all ingredients over ice in a highball glass.

Stir gently while bubbling.

Fill with lime wedges, and serve.

* Coco Rico soda can be found in any Latin Grocery shop.

Read more: Coco Bud Lime recipe


Nov 17

In The News:

Crude Deal…

Halliburton Co. (HAL), the world’s second-largest provider of oilfield services, announced Monday it has agreed to buy No. 3 Baker Hughes Inc. (BHI) in one of the largest marriages of U.S energy companies in years. Shareholders of Baker Hughes will receive 1.12 Halliburton shares plus $19 in cash for each share they own. Halliburton will finance the cash portion of the deal through a combination of cash on hand and debt financing. The purchase eliminates one Halliburton’s chief rivals while expanding its business portfolio and global reach at a time when falling oil prices have plunged the industry into a downturn. Surprising Fact: the combined company will be a little more than half the size of larger rival Schlumberger Ltd.

Lovin’ It…

According to mandatory SEC (Securities and Exchange Commission) fillings, called a Form 13F, activist investor Jana Partners purchased a small stake in McDonalds (MCD), stirring up speculation that it may start a shakeup in the fast food chain. Jana Partners, the $11 billion hedge fund, is run by investor activist Barry Rosenstein. In the past, the firm has pushed for change at animal care chain PetSmart (PETM) and drug store Walgreens (WAG). McDonald’s has recently been dealing with intense competition and consumers’ changing taste. The Oak Brook, IL-based company’s overall revenue and profit dropped in the third quarter as traffic fell. So why would an activist want to buy shares in the chain? They see value in the company however, they think they can run it better.

Pumped Up…

On Friday, the Commerce Department released its monthly retail sales report. During October, U.S. retailers and restaurants saw their sales increase by 0.3%, making them the latest beneficiaries of the plunging price of oil at the pump. October’s increase in retail sales was music to retailers’ ears as we approach the holiday season. Many investors were relieved by October’s small increase, as September’s decrease of 0.3% caused stocks to tumble.

In The Markets:


Asian markets tumbled on the first trading day of the week. News Japan has officially slipped into recession after the country reported its second consecutive quarter of GDP contraction had investors wondering about the global economic picture.


European shares closed flat on Friday as investors weighted better-than-expected Eurozone growth data against falling commodity prices.


U.S stocks closed out the week mixed on Friday with the S&P rising a fraction of a point to notch another record. Investors weighted a rise in the October retail sales report against lower oil prices. DJIA: -18.05 17634.74 S&P: +0.49 2039.82 NASDAQ: +8.40 4688.54

In Word Of The Day:

Activist Investor

An individual or group which purchases a large amount of a company’s shares and or tries to obtain seats on the company’s board with the goal of effecting major change in the company. A company can become a target for an activist investor if it is mismanaged, has excessive cost or another problems an activist investor thinks they can fix to make the company more profitable.

In Dinner or Drink:

Hyper-Active Apple

1 oz. caramel syrup
1 shot apple schnapps
2 shots espresso
1 shot steamed milk

In an Irish coffee cup pour chilled caramel, then slowly pour one shot of chilled apple schnapps over caramel. Slowly add steamed milk, pour espresso through steamed milk exceedingly slowly, and top with whipped cream or foam. It should come out to be a 4 layer happily alcoholic latte.

If you like our drink today, click here.

Nov 14

In The News:

Book Time…

After a seven month battle, Inc. has reached a new multiyear publishing contract with Hachette Book Group covering print and digital books. The deal brings to an end a bitter dispute which showed how the online retailer’s growing clout is shaping the book industry. [Continue reading...]

Nov 13

In The News:


YouTube video site has rolled out its new music streaming subscription service – Music Key.  The subscription service is part of Google’s (GOOG), who owns YouTube, efforts to mine more revenue from the video site. The ad-free subscription service is priced at $8 a month, which is comparable to other digital music services sold by Pandora (P) or Spotify. [Continue reading...]

Nov 12

In The News:

We Like You…

Activist-investor and hedge fund manager Bill Ackman announced on Tuesday that he has bought a $2 billion stake in animal-health company, Zoetis Inc (ZTS). Zoetis, which spun off from Pfizer Inc. (PFE) last year, makes vaccines and medicines for livestock and household pets. The company, with sales in 2013 of $4.6 billion, is the largest company in the animal-health sector. So why purchase a stake in an animal health company? Rumor on the street says Ackman plans on pushing the company to sell itself to large drug maker Valeant Pharmaceuticals International (VRX). Share of Zoetis jumped almost nine percent, closing at $43.72.

The Future Looks Bright…

Yahoo announced on Tuesday it will buy video advertising platform BrightRoll for $ 640 million. The move should help Yahoo booster its ability to make money from marketing on desktop computers and mobile devices. The all-cash deal will allow advertisers to aim video ads at audiences no matter what devices they use to access Yahoo. BrightRoll, which Yahoo described as a growing profitable business, has yearly revenue of over $100 million. The acquisition is set to close early next year.

In The Markets:


Asian markets closed mixed on Wednesday with Tokyo shares stealing the limelight to finish at a 7-year high while other regional investor were digesting a media report said Prime Minister Shinzo Abe will postpone both a planned tax increase and general election in December.


European markest closed higher on Tuesday as investors focused on upbeat earnings.


U.S markets closed flat on Tuesday. With the bond market closed for the holiday and no real news investors took a day of rest. DJIA: +1.16 17614.90 NASDAQ: +8.94 4660.56 S&P 500: +1.42 2039.68

In Market Jargon:

Window Dressing:

No outfits here… A strategy used by mutual fund and portfolio managers near quarter or year end to improve the appearance of performance. To window dress, a fund manager will sell stocks with large losses and purchase high flying stocks therefore, improving the performance of the fund.

In Dinner or Drink:

Black Cow

2 scoops vanilla ice cream
10 oz. root beer
1 tbsp. chocolate syrup
1 1/2 oz. whipped cream
maraschino cherries

Pour root beer over ice cream and chocolate syrup in a large tumbler glass. Garnish with whipped cream and a maraschino cherry. Serve with a straw and a long spoon.

Like our recipe today, click here for more.


Nov 11

In The News:

You Spin Me Round….

Following two years of disappointing sales Pizza Hut (YUM) is rebooting itself for a new generation of pizza lovers. The 56 year old brand announced Monday, it will add 11 new pizza recipes, 10 new crust flavors, six new sauces, five new toppings, four new flavor packed drizzles, a new log, new uniforms and a new pizza box. The chain also announced they will be including a Skinny Slice pizza line which include five offerings at about 250 calories per slice. To announce the big change, Pizza Hut will launch its biggest ever advertising campaign called “The Flavor of Now”. Shares of Yum brand, parent company of Pizza Hut, closed higher Monday.

Not Lovin It…

McDonald’s Coro (MCD) reported a key global sales figure slipped 0.5% in October as sales have continued to decline in the U.S and difficulties from a food-safety scandal in China has weighted down its international business. The world’s largest hamburger chain global sales at locations open at least 13 months dropped one percent in the U.S. and 4.2 percent in the unit which includes the Asia-Pacific region, the Middle East and Africa. To compare, a year ago McDonald’s overall global sales figure rose 0.5 for the same time period. Mickey D’s, like its completion, have been struggling to keep up with customers who are looking for new fresher choices. Earlier this year the chain announced it plans to expand its “Create Your Taste” offer which allows customers to pick toppings and buns they want on burgers by tapping a touchscreen.

Postal Hack…

On Monday, the U.S. Postal Service announced it has experienced a cyber security intrusion which exposed the personal information of some of its 800,000 employees. The FBI is currently investigating the source of the attacks; however, it appears they may have originated in China. The cyber hack, which has been going on for at least two months, may have compromised employee information like names, addresses and Social Security numbers. The attack may also have compromised some call center data, which may have affected customers of the postal service credit card, including names, addresses and telephone numbers.

In The News:


Asian markets closed mixed on Tuesday following Monday’s record closing on Wall Street.


European markets closed higher on Monday shrugging off news that over two million Catalans voted in favor of independence, defying a Spanish court.


U.S stocks finished higher on Monday as gas prices continued their downward progression. DJIA: +39.81 17613.47  S&P: +6.34 2038.26 NASDAQ: +19.08 4651.62

In Market Jargon:


A taxable distribution of a portion of a company’s earnings that is declared by a company’s board of directors and distributed to its shareholders at a declared date.

In Dinner or Drink:


2 oz. Pusser’s® dark rum
1 oz. cream of coconut
4 oz. pineapple juice
1 oz. orange juice


Shake or stir ingredients, and pour over ice in a tall glass. Sprinkle nutmeg on top, and serve.

Nov 10

In The News:

It Was Bad, Really Bad…

The hackers who infiltrated Home Depot’s (HD) computer network earlier this year didn’t just steal customers’ payment data; they also stole 53 million email address. In September, the Atlanta-based home retailer disclosed a massive data breach involving 56 million debit and credit cards. Hackers used a vendor’s username and password to hack in to Home Depot’s network. [Continue reading...]

Nov 7

In The News:


On Friday, the Department of Labor released its monthly jobs number. The NFP (Non Farm Payroll) report showed the economy added 214,000 jobs in October. The unemployment rate dropped to 5.8%.

What you don’t know can hurt you….

According to the New York Times, Japanese air bag manufacturer, Takata knew ten years ago that its airbags could explode with deadly force, but covered up the results of secret tests. Two former employees of the airbag maker claim the company began initial testing when it became alarmed by a report saying one of the company’s airbags ruptured and [Continue reading...]

Nov 6

In The News:

Healthy Pace…

On Wednesday, Payroll processer ADP released its monthly private sector jobs report. In October, U.S. companies added 230,000 jobs, the most in four months. The report also revised September’s jobs gains up slightly from 213,000 to 225,000. Job gains were consistent across all sectors including construction which added 28,000 jobs, while manufacturing gained 15,000 positions. [Continue reading...]

Nov 5

In The News:

Black Gold… 

BHP Billiton (BHP) will soon start selling U.S. oil abroad without the government’s seal of approval. The energy company announced that it has signed a deal to sell 650,000 barrels of oil that hasn’t gone through the traditional refining process which turns oil into gasoline or other fuels.  The deal to sell $50 million of ultra light oil from Texas is likely to [Continue reading...]

Nov 4

In The News:

Hot Mess…

Tuesday, the European Commission, announced it has cut its growth forecast for the euro zone as the region struggled to put the ravages of the debt crisis behind them after two recessions in six years. According to the European Commission GDP (Gross Domestic Product) in the 18-nation region will rise by 0.8 percent this year and 1.1 percent in 2015, down from the commissions early projections in May for 1.2 and 1.7 percent. The commission lowered its projections for Germany, Europe’s largest economy, saying inflation in the euro area will be even weaker than the European Central Bank predicts.


Mobile wireless carrier Sprint (S) announced it has started the process of eliminating 2,000 jobs, or about 5 percent of its staff, as part of an effort to cut $1.5 billion in annual spending. The first round of job cuts happened in early October. The exact number of jobs cut in the first round will remain a mystery as the company will not say how many jobs were actually eliminated. Jobs cuts should reduce Sprint’s labor cost by $400 million per year. This is not the first time the wireless carrier has eliminated jobs. Since 2013, when Japan’s Softbank bought a majority stake in Sprint, the company has eliminated thousands of jobs employing just 38,000 at the end of last year.

Where’s The Lobster…

Who would have guessed it but it turns out people go to Red Lobster for the seafood. On Monday, the struggling chain announced it has revamped its menu removing dishes like Spicy Tortilla Soup and a Wood-Grilled Pork Chop, while adding more dishes featuring lobster.  Red Lobster’s new menu will include 85 percent seafood, up from 75 percent. According to the restaurant its new menu will be easier to navigate and features more photos of the food. Four of the five new dishes include lobster and an increase in the amount of shrimp in the popular “Ultimate Feast” platter by 50 percent.

In The Markets:


Asian markets closed mixed on Tuesday after investors nerves are starting to calm a bit after slow realizing the world will keep turning despite QE ending in the U.S.


European markets closed lower on Monday after data from the Euro zone revealed manufacturing activity expanded less than expected in October.


U.S stock closed mixed on Monday. Blue Chip stocks, like Chevron and Exxon Mobil, were hit as the price of crude fell to a more than two-year low. DJIA: -24.28 17,366.24 S&P: – 0.24 2017.81 NASDAQ: +8.16 4638.91

In Market Jargon:

Market Capitalization:

Market capitalization is calculated by multiplying a company’s outstanding shares by the current market price of one share. Market Capitalization is used to determine whether a company is categorized as a small cap, mid cap, small/mid cap, or large cap.

In Dinner or Drink:

The Senator

1 oz Crown Royal® Canadian whisky
1 oz water

Fill glass with ice pour 1 oz crown royal and 1 oz spring water pass legislation.

Like our drink today, click here for more.

Nov 3

In The News:

Phone Home…

Taco Bell has officially launched a new app which promises to shifts how you order your tacos.  The new app, simply called, Taco Bell, allows customers to order online and skip the entire line at the store. After ordering your taco bell delight you just stroll in and pick up your meal or have it ready at the drive thru. To avoid food getting cold the app automatically sends a message asking you if you are within 500 feet of the store. Tap the message your nearly there and the kitchen gets a message on their screen to start making your order.  The app also includes a patent-pending “Rotate to Reorder” feature which lets customers reorder their customized favorites by simply turning their phone to the side. The app, which is now available at the App Store and on Google Play, also includes a section where users can access exclusive menu items and deals.

Joe Delivery…

Starbucks announced on Friday it will start a delivery service for all of us java junkies. The coffee retailer has plans to launch a food and beverage delivery service in select markets the second half of next year. The new service will be available to Starbucks loyalty program members as part of the company’s new mobile order and pay app, which will launch in Portland and is set to launch nationwide next year. Starbucks new announcement comes at a time when the chain has become increasingly focused on adapting to the shift in consumer behavior to shopping online more and in stores less.

In The Markets:


Asian markets started out November on a mixed note as investors digested a mixed bag of economic data from China.


European shares ended the week sharply higher on Friday after the Bank of England delayed stricter leverage rules for banks, and the Bank of Japan expanded their monetary base target.


U.S. stocks surged on Friday, sending both the Dow Jones and S&P to record closes, after the Bank of Japan unexpectedly increased its stimulus program. DJIA: +195.10 17390.52 S&P: +23.40 2018.05 NASDAQ: +64.60 4630.74

In Market Jargon:

Pro Forma:

In the world of investing, pro forma describes a method of calculating financial results in order to emphasize either current or projected figures.

In Dinner or Drink:

Coffee Nudge

3/4 oz dark crème de cacao
3/4 oz coffee liqueur
1/2 oz brandy
6 – 8 oz hot coffee
1 1/2 oz whipped cream

Combine all with coffee and top with whipped cream

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