Archive for August 15th, 2012:

Safety agency recalls popular Bumbo infant floor seat

Date: Aug 15 2012
Feds say babies can wiggle out of the floor seats, and nearly two dozen reports of infant skull fractures led to the recall. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/c28ywW0eOsw/1 Read More »

U.S. homebuilder confidence at five-year-high in August

Date: Aug 15 2012
The index suggests a turnaround in housing is solidifying after years of stagnation. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/Om9JH516rM4/1 Read More »

2012 gas prices head for record

Date: Aug 15 2012
Gasoline prices are up sharply in the past month and now are likely to make 2012 the most costliest year ever at the pump. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/QUTtU3lZrpc/1 Read More »

Netflix Goes Full Stream Ahead With a Scandinavian Invasion

Date: Aug 15 2012
Filed under: Company News, Technology, Media, Netflix Netflix (NFLX) has identified its next foreign market. The popular video service revealed on Wednesday morning that it will roll out its premium streaming platform through Norway, Sweden, Denmark and Finland later this year. There won't ...Read More »

September iPhone Launch Could Boost Apple’s Q4 Take (AAPL)

Date: Aug 15 2012
Filed under: TelecomApple Inc. (NASDAQ: AAPL) has currently scheduled an 'event' for September 12th that is widely rumored to be the company's official launch date for the latest version of the iPhone, known at least currently as the iPhone 5. ...Read More »

Home Builders’ Confidence at Another Five-year High (KBH, LEN, ITB)

Date: Aug 15 2012
Filed under: Real EstatePositive signals continue to issue forth for US home builders. The National Association of Homebuilders (NAHB)/Wells Fargo housing market index rose 2 points in August, to 37, the highest index reading since February 2007. An index reading ...Read More »

Crowd-funding dark side: Sometimes investments go down drain

Date: Aug 15 2012
Crowd funding harnesses the power of the Internet to funnel money from interested individuals to entrepreneurs, but there are risks. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/91H93ujqi1g/1 Read More »

Some federal pensions pay handsome rewards

Date: Aug 15 2012
More than 21,000 retired federal workers get lifetime government pensions of $100,000 or more per year, a USA TODAY/Gannett analysis finds. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/hyVRpnx-44E/1 Read More »

Investors appear to dismiss some market risks

Date: Aug 15 2012
Recent low readings on a Wall Street measure of fear suggest that investors may be pooh-pooing what could go wrong. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/4wCEdRpRHoE/1 Read More »

24/7 Wall St. Closing Bell — August 14, 2012: Markets Mixed Ahead of Tomorrow’s Inflation Report (GRPN, WEN, MCP, EXPE, VALE, IAG, DKS, HD, KIOR, KORS, SKS, EL, TJX, JDSU, PEIX, PAAS, ANF, A, CSIQ, DE, SPLS, TGT, ASTI)

Date: Aug 15 2012
Filed under: InvestingThe three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is set low enough, jumping over it ...Read More »