$25.59 Billion
That is Amazon’s sales figure for the fourth quarter, a 20% increase from a year earlier. However, it wasn’t enough to match Wall Street projections.
(Source: Wall Street Journal)
That is Amazon’s sales figure for the fourth quarter, a 20% increase from a year earlier. However, it wasn’t enough to match Wall Street projections.
(Source: Wall Street Journal)
That is how many pounds our ice sculpture of NFL Commissioner Roger Goodell weighs. Preparing for the first outdoor cold-weather Super Bowl this weekend, our sports department is employing a creative method to help fans gauge how much they will need to bundle up. The more layers Mr. Goodell’s icy replica sheds, the more layers eventgoers can shed. You can follow the sculpture on Twitter @frozenroger.
(Source: Wall Street Journal)
Capitalization rates, used by real-estate investors to measure the annual return of income-producing properties, declined for many property types in 2013, according to data from Real Capital Analytics in New York. Meanwhile, the spread between cap rates and yields on 10-year Treasury notes narrowed. The average cap rate for all property types was 6.74% last year, down from 6.76% in 2012. Cap rates fell fastest for office buildings, which had an average cap rate of 6.93% in 2013 compared with 7.15% in 2012.
(Source: Wall Street Journal)
Equity valuations are still reasonable, especially when considering the inflation environment. Historically, inflation between 0%-2% (CPI is currently running at 1.2% year over year) has been a sweet spot for valuations. Even inflation readings up to 4% have been supportive for valuations. Concerns for multiples would arise if we see either deflation or inflation greater than 4%.
(Sources: Strategas Research Partners, LLC & Brinker Capital, Inc.)
U.S. banks cut a net 1,487 branch locations last year, according to SNL Financial, the most since the research firm began collecting the data in 2002.
(Source: Wall Street Journal)
234
Stockholders filed 234 federal securities class-action suits against U.S. companies last year, the most since 2008, according to a report by NERA Economic Consulting.
(Source: Wall Street Journal)
In the U.S., Netflix added 2.33 million streaming subscribers in the fourth quarter, sending its shares soaring.
(Source: Wall Street Journal)
More than 500,000 civilians in rebel-held areas around Damascus have been besieged for months by Syrian government forces, with little access to food and medicine, according to the United Nations, residents and opposition activists.
(Source: Wall Street Journal)
U.S. Congress has turned to a new chapter in its long-running battle over the federal budget, as the Senate on Thursday approved and sent to the White House a $1.012 trillion spending bill that keeps the government running through September.
(Source: Wall Street Journal)