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Jan 29


Not Good Enough

Shares of e-commerce giant Amazon (AMZN) tumbled in aftermarket trading on Thursday after the company reported profit had more than doubled, but still fell well short of analyst expectations. It has long been Amazon’s strategy to invest most of the money it makes back into its businesses, particularly Amazon Web Services and $99 Prime loyalty program. After operating at or near a loss for years, the company finally demonstrated the ability to consistent profits. Yet the company wasn’t able to match investor’s expectation in the fourth quarter. The Seattle based company’s net income more than doubled to $482 million, or $1 per share, up from $214 million, or $0.45 a share last year. The problem… analyst had predicted revenue would be $1.55 a share.

We’re Splitting Up

Xerox Corp, announced Thursday, it will spin itself into two companies and give three board seats to activist investor Carl Icahn. The move reverses an effort by the century-old company to marry business services with its copiers and printers. Xerox will divide itself into two separate publicly traded companies: one containing its office machines and the other will house its services operations. The company also announced profits and sales declined for a fourth straight year.


Asia: Asian markets rallied after the BOJ (Bank of Japan) adopted a negative interest rate policy.

Europe:  European stocks ended lower on Thursday after downbeat economic data from the Eurozone and the Federal Reserve’s cautious stance weighed down investors.

U.S: U.S markets rallied on Thursday as oil prices continued to climb. DJIA: +125.18 16,069.64 NASDAQ: +38.51 4,508.68 S&P: +10.41 1,893.36

Word of The Day:

Gross Domestic Product

The monetary value of all the finished goods and services produced by a country within its borders in a specific time period, usually annually. Or put another way it’s like a countries price tag. The number includes both private and public consumptions, government productions, investments and exports minus imports. It is commonly used as an indicator of countries economic health aka is the economy growing (good) or is it declining (bad).

Dinner or Drink:

Spring Fling

1 – 2 oz. Seagram’s® Extra Dry gin
6 oz. lemon-lime soda
6 oz. cranberry juice

Pour in the Gin over two ice cubes. Then pour in the Cranberry Juice, then the soda. Kind of a fruity taste but very smooth and drinkable over a long period of time.

Like our drink today, click here for more.

Read more: Spring Fling recipe

Have a safe and wonderful weekend, Ya’ll!

Jan 28



On Wednesday, Facebook (FB) reported another quarter of sharing revenue. Sales in the fourth quarter rose 52 percent from a year ago, to $5.84 billion, while profit increased to $1.56 billion, more than doubling from $701 million a year ago. The numbers far surpassed Wall Street’s expectations.  The results were largely a due to the social media giant’s enormous success in selling advertising on mobile devices, a business the company was not even in a year ago. Mobile ads made up 80 percent of the company’s total ad business in the fourth quarter. Shares of Facebook soared in aftermarket trading.

Watch Closely

Fast food chain, Wendy’s Co, is investigating reports of “unusual activity” on credit/debit card that had been used at some of its restaurants. The company learned of the issue from payment industry contacts this month. Reports indicate fraudulent charges may have occurred on cards that had been used legitimately at some of its locations. Wendy’s has launch an investigation with the help of cybersecurity experts and is cooperating with law enforcement officials.


Asia: Markets in Asia closed mixed on Thursday, despite a lower finish on Wall Street, after the Federal Reserve appears to be concerned about economic growth.


European markets closed slightly higher on Wednesday as investors tried to shake off disappointing earnings ahead of the U.S. Federal Reserve comments.


U.S stocks closed lower after the Fed said they are watching the global slowdown carefully. DJIA: -222.91 15944.32 NASDAQ: -99.51 4468.17 S&P: -20.68 1882.95

Word of The Day:

Short Selling:

The sale of a security which is not owned by the seller, or that the seller has borrowed. Short selling is usually motivated by the speculative belief the security’s price will decline. This decline potentially enables the seller to buy the security back at a lower price and make a profit. The risk of losses on a short sales are endless therefore, it can be extremely risky.

Dinner or Drink:

Slowpoke Shandy

  • 2 parts Cruzan® Single Barrel Rum
  • 1/2 part Lime Juice
  • 1/4 part Ginger Syrup
  • 1 Wheat Beer

Combine rum, lime and ginger syrup in a pint glass and slowly pour half of the beer into the glass. Add a few ice cubes and finish pouring the beer.

Jan 27


Bad Apple

Apple Inc. (APPL) announced their fourth quarter earnings on Tuesday. According to the company iPhone sales grew at the slowest pace since its debut in 2007. IPhone sales boomed last year after the introduction of its larger screen models but Apple’s newest upgrade incorporated fewer noticeable changes and didn’t seem to ignite as much enthusiasm among consumers. The company also announced its forecast for revenue in the current quarter will decline for the first time in 13 years, signaling an end to Apple’s hyper growth period. Apple’s results continue to suffer from the effects of the strong U.S dollar and slowing global economic growth. The company warned China, its biggest overseas market, is beginning to exhibit signs of economic softness. Shares of Apple dropped in afterhours trading.


Starting later this year, banking giant JPMongan Chase (JPM) will install ATM’s that allow customers to withdraw cash or initiate other transactions using their cellphones. The new ATM’s will not require an actual card, instead customers will access their account using a code found on their Chase mobile app. The upgrade will include new cash machines to be installed and upgrades to existing ATM’s allowing customers to withdrawal in different denominations, cash checks, and withdraw limits will be raised up to $3000 a day. Chase and other banks have recently rolled out new and upgraded ATMs in a continuing effort to replace its fleet of bank tellers at each branch who once needed to handle routine customer transactions. Tellers will continue to be in branches however, their role now is to help with specialized customer transactions.


Asia: Asian markets closed mostly higher on Wednesday after Wall Street surged on Tuesday.

Europe: European stocks closed higher on Tuesday as a rise in oil prices helped rally stocks.

U.S: U.S. stocks closed higher as a rise in oil prices and better than expected economic data had investors feeling good. DJIA: +282.01 16167.23 NASDAQ: +49.18 4567.67 S&P: +26.55 1903.63

Word of the Day:

Plain Vanilla

The most basic or standard version of a financial instrument such as bonds, options, futures, and swaps.

Dinner or Drink:

Apple Fizz

2 oz. apple brandy
4 oz. apple juice
1/2 tsp fresh lime juice
1 oz. soda water


Pour the apple brandy, apple juice and lime juice into a highball glass almost filled with ice cubes. Stir well. Top with soda water, garnish with a slice of lime, and serve.

Jan 26



Sprint (S) announced it has eliminate 2,500 positions as the struggling cellphone company seeks to cut costs and turn its business around. Most positions came from customer service call centers throughout the United States and resulted in a complete shutdown of four call centers and a reduction in staff at two others. The layoffs were expected after the carrier fell to fourth in the highly competitive wireless phone market. In addition to the layoffs, the company also plans to save $1 billion on network costs. Shares of the Overland Park, Kansas- based company have slid 39 percent in the past 12 months. The stock closed down $0.35 to $2. 52 on Monday.

Would Like To Join Us

Tyco International PLC, announced Monday it will merge with industrial-systems and battery maker Johnson Controls. The merger will allow Johnson to take on Tyco’s Irish tax address resulting in a lower tax bill and better bottom line for the combined company. The merger, the first of 2016, highlights the self-perpetuating nature of inversions, as American companies move their “home” out of the United States creating opportunities for other corporations to follow. The deal, in turn, continues the mass exodus of tax dollars overseas and away from the U.S. coffers.


Asia: Asian markets tumbled again on Tuesday after oil continued its price declined and investors turn their eyes to this week’s Federal Reserve meeting.

Europe: European markets continued downward on Monday as oil prices declined and German economic data disappointed investors.

U.S: U.S. shares closed lower on Monday as oil continued to take its toll on the markets. DJIA: – 208.29 15,885.22 NASDAQ: -72.69 4,518.49 S&P: -29.82 1,877.08

Word of The Day:

Leading Indicator

A measurable economic factor that can indicate a change in the economy before it starts to follow a particular pattern or trend. For example, bond yields are thought of as leading indicators because bond traders anticipate and speculate trends in the economy. Leading indicators are used to help predict changes in the economy however, they are not always 100% accurate.

Dinner or Drink:

Irish Immigrant

4 oz. Bailey’s® Irish cream
1 1/2 cans Coca-Cola® Vanilla Coke
2 scoops vanilla ice cream

Pour Irish Cream on top of Vanilla Coke. Top with two scoops of Vanilla.

Like our drink, click here for more.

Jan 25



On Friday, a federal judge dismissed a lawsuit against General Motors (GM) over a defective ignition switch, dealing a blow to other consumers still seeking damages from the Detroit auto maker.  A U.S. judge accepted a deal to dismiss the case after GM uncovered evidence suggested the car owner bringing the suit committed fraud. The case was the first of six lawsuits scheduled for trial this year. For now GM has weathered the worst of the crisis that emerged in early 2014 and led to criminal and regulatory probes. The automaker has already reached settlements totaling more than $2 billion with the U.S. Justice Department, shareholders and thousands of consumers over the defective switch.

Closing Time

Starbucks (SBUX) is retreating from Teavana “tea bars” the company first opened in New York City a little more than two years ago. Starbucks will convert the three tea bars in New York City to Starbucks stores this spring and close another location in Beverly Hills. A fifth location in Seattle near the company’s headquarters will remain open to help test new ideas. The closures will not affect the more than 350 Teavana retail locations, who primarily sell packaged teas and appliances. This is not the first time Starbucks has changed course and retreaded from an idea touted as having major potential. In June 2015 the company closed its 20 La Boulange cafes. Starbucks purchased the small San Francisco-area chain in 2012 and was going to leverage it into a national presence. Shares of Starbucks closed up $0.14 on Friday.


Asia: Asian markets closed higher after last week’s two day rally in the United States.

Europe: European stocks rallied on Friday aided by recovery in oil prices and encouraging remarks from the European Central Bank.

U.S: U.S. stocks closed higher on Friday, for the first week this year, helped by a recovery in oil and hopes of stimulus overseas. DJIA: +210.83 16093.51 S&P 500: +37.91 1906.90 NASDAQ: +119.12 4591.18

Word of The Day:

NASDAQ 100 Index

An index composed of the 100 largest, most actively traded companies on the NASDAQ stock exchange. The index includes companies from a broad range of industries with the exception of those in the financial industry, such as banks.

Dinner or Drink:

Big D’s Tea

1 cup Everclear® alcohol
1 cup gin
1 cup vodka
1 cup triple sec
1 cup peach schnapps
3 sweet and sour mix
3 water
1 splash Coca-Cola®

Add more coke if its to strong. Add other flavors such at Raspberry, Strawberry, etc.

Jan 22


The Plane, The Plane

Boeing  Co. will cut by half the production rate of its 747-8 aircraft later this year, the latest step in the iconic jumbo jet’s decline and a fresh signal of persistent weakness in the global air-freight market. The company will produce only six of the planes a year starting  in September. Various models of the 747 have been in continuous production since the mid-1960s. But the four-engine “queen of the skies” has fallen out of favor among buyers of new passenger jets, who prefer smaller, more fuel-efficient two-engine planes. Shares of Boeing closed higher, up $1.26 on Thursday.


Shares of American Express (AXP) tumbled on Thursday after the company posted a 38% decline in fourth-quarter earnings. Earnings, according to the company, were hurt by a strengthen U.S. dollar and pressure on merchant fees and competitions. CEO, Kenneth Chenault, pledged to overhaul the company and will cut $1 billion in costs by the end of 2017. For the quarter, the company reported a profit of $899 million or 89 cents of shares, down $1.45 billion, or $1.39 a share, from a year earlier. Amex has had a difficult 2015 after losing its 16 year exclusive relationship with Costco and losing a court battle against the Justice Department where a federal judge ruled the company’s merchant rules were anticompetitive. Shares of the Amex closed down $-0.39 at $62.64 on Thursday.


Asia: Asian markets closed higher on Friday as oil prices continued to climb after Thursday’s rally.

Europe: Europe closed higher after the ECB hinted they may continue quantitative easing.

U.S: U.S. markets closed higher on Thursday as oil prices rallied. DJIA: +115.94 15,882.68 NASDAQ: +0.37 4472.06 S&P: +9.66 1868.99

Word of The Day:

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.

Dinner or Drink:

Ticket to Ride

1/4 Bacardi® white rum
1/4 Smirnoff® vodka
1/4 Jose Cuervo® gold tequila
1/4 triple sec
pina colada mix
grenadine syrup

In a blender, Mix the Rum,Tequila,Vodka and Triple Seq together.
Next add enough Pina Colada mix to fill the blender half way. Then add just enough grenadine to give the drink a slight pinkish coloring.

Finally add ice and mix everything in the blender.

Have a safe and wonderful weekend, Ya’ll!

Jan 21


More Time

On Wednesday, Staples and Office Depot agreed to extend by three months the deadline to complete their marriage. The extension comes as U.S. antitrust regulators continue their opposition to the deal. The FTC filed a lawsuit in December to block the merger, claiming it would eliminate important competition in the office-supply industry. The two companies have until May 16 to secure the government’s approval.

Wanna Lift

General Motors announced it has launched a new brand called “Maven” which will run its car-sharing ventures, including a new Zip Car-like service set to launch in Ann Arbor, Michigan next month. According to company executives, GM will continue its primary business model of selling cars; however, they also see significant opportunities in the ride- and car-sharing space.  Maven has already secured 21 parking spaces in the area around the University of Michigan’s campus in Ann Arbor, and new GM vehicles have been allocated to serve that market. The Ann Arbor project will allow people to rent cars for as little as $6 per hour through a smartphone app that will connect to the vehicle’s OnStar system.  Using the app, customers will be able to sign up for the cars and even remotely unlock them. Unveiling of the new service comes on the heels of a previous announcement in which GM stated it is investing millions in ride-hailing company Lyft, and purchasing the remnants of defunct ride-hailing company Sidecar.


Asia:  Asian markets tumbled on Thursday after China’s central bank failed to intervene in the markets.

Europe: European markets closed lower as oil prices continued their slide.

U.S: U.S. markets closed down after a wild ride as investors continued their worry over global growth. DJIA: -249.21 15,766.74 NASDAQ: – 5.30 4,471 S&P: -21.99 1,859.33

Word of The Day:


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.

Dinner or Drink:

Death and Taxes

  • 2 parts Hornitos® Anejo Tequila
  • 2 parts fresh Lime Juice
  • 1 part Simple Syrup
  • 1 part Anaheim Chile Infused Triple Sec
  • 1 part Mezcal
  • Spicy Bloody Mary Mix

Pour ingredients in a glass over ice and shake. Drizzle with spicy bloody mary mix.

Jan 20


Goin’ International

As Netfflix (NFLX) U.S. subscriber growth tapers off, the Internet video service exceeded its projections internationally. According to the company’s fourth-quarter earnings as of December Netflix has nearly 75 million international subscribers. The company also reported fourth-quarter earnings of $43 million, topping analyst forecast. There was one hiccup for the company…. fourth quarter revenue fell just short of Wall Street forecast, coming in at $1.82 billion. Overall, the news from Netflix was good and investor’s rewarded the company in after hour trading by sending the stock surging upward 7 percent. [Continue reading...]

Jan 19


No Wally World…?

Walmart announced Friday it is closing 269 stores, more than half of them in the U.S. and a large number in its challenging Brazilian market. The closing stores account for a fraction of the companies 11,000 stores worldwide. The company is working to ensure workers are placed in nearby locations. If the company can’t place employees in alternate locations they will receive 60 days of pay and, if eligible, severance, as well as resume and interview skill training. The announcement comes three months after Wal-Mart CEO, Doug McMillion, told investors the world largest retailer would review all its stores with the goal of becoming more nimble helping the company fight off competition from all fronts. Store closures will start at the end of January. Shares of Walmart, like the rest of the market, closed lower on Friday. [Continue reading...]

Jan 15


Wanna Drink…

Brown-Forman Corp. has agreed to sell its Southern Comfort and Tuaca Liqueur brands to Sazerac Co. for $543.5 million. The deal comes amid a prolonged slump for the sweet, whiskey-flavored liquor. Brown- Forman had started to shop for potential buyers last year in an effort to divest the company of challenged and noncore brands allowing it to focus on better selling brands, like Jack Daniel. The sale to New Orleans based Sazerac is expected to close in the first quarter of 2016.

Penalty Present…

Goldman Sachs Group (GS) agreed to the largest regulatory penalty in its history. The more than $5 billion penalty will resolve U.S. and state claims stemming from the Wall Street firm’s sale of mortgage bonds heading into the financial crisis. The claims surrounded how firm’s sold bonds tied to residential mortgages and how the banks misrepresenting the quality of the underlying bonds to investors. Goldman was not alone in paying the government money. Government official also won multi-billion dollar settlements from JPMorgan Chase, Bank of America, and Citibank.


Asia: Asian markets tumbled again on Friday as investor continued to climb the wall of worry about China’s growth and its effect on the global growth picture.

Europe: European markets continued their downward spiral on Thursday.

U.S: Markets rallied on Thursday lead by energy stocks. DJIA: +227.64 16,379.05 NASDAQ: +88.94 4615.00 S&P: +30.56 1921.84

Word of The Day:


The collection of stocks, bonds, cash, mutual funds, ETFs, and other investments that an investor owns.

Dinner or Drink:

Southern Comfort Zinger

1/4 measure Southern Comfort® peach liqueur
1/2 measure sparkling white wine
1/4 measure lemonade


Fill highball glass half full of ice and add the ingredients -stir and enjoy ice cold — great for heady summer evenings –superb!!


Jan 14


No Go

Shares of GoPro (GRPO) tumbled on Wednesday after the company announced weaker sales of its latest wearable camera and a 7% cut of its workforce. The company also forecasted fourth quarter revenue will be below Wall Street expectations. Shares plunged on the news dropping after hours to $11.02, a new low and a near 90% decline from the stocks high of $ 93.85 in October 2014. GoPro said it was hurt in the key holiday quarter by slower-than-expected sales at retailers, including its newest product the Hero4 Session. The holiday blunder has many wondering if GoPro’s miss is a one-time mess up or if the market for action cameras has reached its peak.

We Are Moving

General Electric (GE), is moving its headquarters from suburban Connecticut to Boston. The company choose its new location after considering factors such as the business ecosystems, quality of life for employees, connections with the world, and the all import “who has the lowest taxes”. Several states had been competing to lure the company after GE announced in June it was unhappy about legislative tax proposals and was contemplating a move. The company employs about 5,700 people in Connecticut, including 800 at the Fairfield office which has been its headquarters for four decades. Employees will move to a temporary location in Boston starting in the summer of 2016 and everyone should be settled in by 2018.


Asia: Shares in Asia closed mixed on Thursday following Wednesday’s massive selloff in the United States.

Europe: European stocks closed mostly higher on Wednesday lifted by better-than-expected economic data from China.

U.S: U.S markets tumbled on Wednesday fueled by fresh concerns the U.S economic expansion is more vulnerable to softening growth overseas. DJIA: -364.81 16151.41 S&P: -48.40 1890.28 NASDAQ: -159.86 4526.06

Word of The Day:

Exchange Traded Funds (ETF)

A security that tracks an index, a commodity or a basket of assets like an index fund, however it trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold just like their BFF, stocks.

Dinner of Drink:

Good Action

1 oz. vanilla vodka
1 oz. cherry vodka
2 oz. Kahlua® coffee liqueur
2 oz. cream

Stir over ice in a large cocktail glass, and serve.

Jan 13



Fort Worth based Pier 1 (PIR) is recalling 276,000 outdoor swing chairs and stands after customers reported they fell out of chairs and were hurt. The U.S. Consumer Product Safety Commission announced there have been more than 100 reports of the chairs either tipping over or falling from its stand resulting in 27 injuries. The chairs and steel stands were sold separately at Pier 1 stores under the name Swingasan and were sold from January 2010 to August 2015. Customer should stop using the chairs and contact the company for a free repair kit or return them for a refund. Pier 1 closed up $0.07 on Tuesday. [Continue reading...]

Jan 11



Campbell announced it will begin disclosing genetically engineered ingredients in its food products and will support federal legislation establishing a mandatory labeling standard for all food. Currently, there no federal regulation that requires companies to inform consumers of the presents of genetically modified organisms (GMOs). Many states have considered making their own labeling laws and in July Vermont will be the first state to require disclosure of genetically engineered ingredients. Most companies in the food industry would like to see a federal voluntary provision for labeling as they feel consumers will balk at the idea of knowingly eating genetically modified foods. Campbell’s however, is taking an opposite approach and is supporting a federally mandated approach to new food labeling standards saying consumers will appreciate transparency when it comes to what they are eating. [Continue reading...]

Jan 8



On Friday, the Labor Department released its monthly jobs reports. According to the report the economy added 292,000        jobs and the unemployment rate remains unchanged at 5.0%. [Continue reading...]

Jan 7


We’re Concerned

On Wednesday, the Federal Reserve released the minutes of its historic rate raisin December meeting. The minutes showed members felt some trepidation about raising rates in such a low inflation period.  Currently, the inflation rate has been running well below the Federal Reserve’s 2% mandate. In addition to inflation concerns, members were wary of the effects a strong U.S. dollar and slowing global growth will have on the U.S. economy. Most analyst felt, despite the Federal Reserve’s concerns, there will be at least two more quarter point hikes in 2016. Only time will tell what how the rocky start to 2016 will affect any future rate decisions. [Continue reading...]

Jan 5


Can I have a Lyft…?

General Motors (GM) has invested $500 million in Lyft Inc. as part of new $1 billion round of funding for the ride-hauling service. The deal marks the first time a major auto maker has put money into a service such as Lyft, whose very business model discourages consumers from buying cars. Lyft also announced on Monday Janus Capital Management, Saudi Arabia’s Kingdom Holding Co, and Japanese e-commerce firm Rakuten Inc, continued to the companies financing. Including the last round of funding, Lyft is now valued around $5.5 Billion. [Continue reading...]

Jan 4



Brokerage giant Fidelity is breaking up with American Express after 12 years of marriage. Fidelity will move from American Express to Visa to brand its new Fidelity Reward credit card. The company said it believes the new card would be attractive to a wider group of people with Visa stamped on the front, as it is more broadly accepted by merchants than American Express cards. The new reward card will return 2 percent on all purchase and does not charge an annual fee. It also does not have a cap on reward spending not does it require cardholders to spend in certain categories, like restaurants or gas. There is one catch: Cash rewards have to be deposited into an eligible Fidelity account however, cardholders can also opt to redeem points for merchandise, gift cards, or travel. [Continue reading...]

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