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Boom? Britney Spears Moving Money Into Stock MarketBoom? Britney Spears Moving Money Into Stock Market

by National Confidential | 30 March 2013 | 10:35 am EST

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She’s investing — should you follow her into wealth?

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Business, Tech »

Apple Misses Earnings EstimatesApple Misses Earnings Estimates

by National Confidential | 23 January 2013 | 4:50 pm EST

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Apple has missed its earnings estimates for the 1st quarter of 2013.

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Business, Tech »

Apple Stock Drops 3% On iPhone Sales SlumpApple Stock Drops 3% On iPhone Sales Slump

by National Confidential | 14 January 2013 | 10:19 am EST

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Apple’s stock has dropped 3% today, on news that iPhone sales have dropped.

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Business »

1% Surge: Wall Street Compensation Bounces Back From Crisis Years1% Surge: Wall Street Compensation Bounces Back From Crisis Years

by National Confidential | 09 October 2012 | 10:28 pm EST

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Wall Street is doing just fine, according to a new report on 2011 compensation for the financial industry.

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Business, Tech »

Apple Stock Hits New HighApple Stock Hits New High

by National Confidential | 18 September 2012 | 11:16 am EST

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Stock in Apple broke through $700 a share for the first time ever on Tuesday.

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Business, Entertainment »

Disney Stock Hits All-Time HighDisney Stock Hits All-Time High

by National Confidential | 05 September 2012 | 2:09 pm EST

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The stock price for the Walt Disney Corporation hit an all-time high on Tuesday.

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Politics »

Democrats Set To Introduce Robin Hood Tax Bill In CongressDemocrats Set To Introduce Robin Hood Tax Bill In Congress

by National Confidential | 20 June 2012 | 11:52 am EST

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Two Democrats, one in the House and one in the Senate, are set to introduce versions of a "Robin Hood Tax" that could solve many of America’s biggest problems.

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National, Politics »

One Law To Solve Huge American Problems?One Law To Solve Huge American Problems?

by National Confidential | 18 June 2012 | 12:28 pm EST

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What if some of America’s biggest problems could be solved using a few cents from multi-million dollar traders?

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Business, Politics »

GOP Rep. Spencer Bachus Facing House Ethics Probe For Insider TradingGOP Rep. Spencer Bachus Facing House Ethics Probe For Insider Trading

by National Confidential | 10 February 2012 | 12:17 am EST

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The Wall Street Journal reports that Republican Rep. Spencer Bachus (AL) is about to be the subject of an investigation by the House Ethics Committee into insider trading.

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Business »

SEC May Delay Groupon IPOSEC May Delay Groupon IPO

by National Confidential | 03 September 2011 | 3:13 pm EST

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Groupon’s turbulent path to an initial public offering (IPO) may have just gotten rockier.

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Business »

Dow Drops Over 600 PointsDow Drops Over 600 Points

by National Confidential | 08 August 2011 | 4:37 pm EST

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The Dow Jones Industrial Average fell 630 points today as the market continues to factor in the downgrade of American creditworthiness coupled with economic sluggishness.

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Business, National, Politics »

GOP Debt Games Drop Stock MarketGOP Debt Games Drop Stock Market

by National Confidential | 28 July 2011 | 12:03 am EST

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The Republican Party’s fight over the debt ceiling is roiling the stock market, wiping out the investments of American citizens.

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National, Politics »

Tea Party Politics Cause European Stocks To Drop?Tea Party Politics Cause European Stocks To Drop?

by National Confidential | 25 July 2011 | 2:23 am EST

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Europe’s stock markets are expected to drop as Republican opposition to a deal to raise the debt ceiling begins to spook international markets.

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Business »

Farmville Creator Zynga Files For $1 Billion IPOFarmville Creator Zynga Files For $1 Billion IPO

by National Confidential | 01 July 2011 | 12:37 pm EST

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(National Confidential) — Zynga, the company behind top Facebook games Farmville, Cityville, Mafia Wars, and more has filed papers in advance of an initial public offering (IPO) which would raise $1 billion for the company.

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Business, Tech »

Groupon Set For $750 Million IPOGroupon Set For $750 Million IPO

by National Confidential | 03 June 2011 | 7:49 am EST

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Chicago Tribune: “Groupon Inc. filed Thursday for an initial public offering, saying it plans to raise up to $750 million. The number of shares being sold and their pricing wasn’t disclosed. The $750 million figure is a pale reflection of the estimates for Groupon’s full valuation, which some reports have put at $15 billion to [...]

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Business »

Pandora Growth Up Ahead Of IPOPandora Growth Up Ahead Of IPO

by National Confidential | 26 May 2011 | 4:12 pm EST

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“Pandora says revenue, users, and usage are all way, way up, driven primarily by the streaming music service’s popularity on mobile devices. Losses are up too, but the company has already warned investors that it will be losing money through 2012.” READ MORE

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Business »

Home Depot Profit Up, Sales DownHome Depot Profit Up, Sales Down

by National Confidential | 17 May 2011 | 7:02 am EST

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“Home Depot said earnings rose 12% to $812 million, or 50 cents a share, in its fiscal first quarter but total sales declined 0.2% and comparable-store sales dropped 0.6%.” READ MORE

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Business »

Moody's, S&P Helped Cause Financial CrisisMoody's, S&P Helped Cause Financial Crisis

by National Confidential | 14 April 2011 | 8:51 am EST

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“Moody’s Corp and Standard and Poor’s triggered the worst financial crisis in decades when they were forced to downgrade the inflated ratings they slapped on complex mortgage-backed securities, a U.S. congressional report concluded on Wednesday.” READ MORE

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Business »

Apple (AAPL) Announces Record Revenues, 19 Million iPads SoldApple (AAPL) Announces Record Revenues, 19 Million iPads Sold

by National Confidential | 18 January 2011 | 5:06 pm EST

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Apple has announced that they made a record $26 billion in revenue. Apple released the following: “Apple sold 4.13 million Macs during the quarter, a 23 percent unit increase over the year-ago quarter. The Company sold 16.24 million iPhones in the quarter, representing 86 percent unit growth over the year-ago quarter. Apple sold 19.45 million [...]

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Business, Tech »

Apple (AAPL) Stock Rises Ahead Of Earnings ReleaseApple (AAPL) Stock Rises Ahead Of Earnings Release

by National Confidential | 18 January 2011 | 4:23 pm EST

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Apple’s stock rose today by about $14, ahead of its earnings announcement. The stock opened at $326 and is currently at $340. The stock dropped earlier this week as a result of Steve Jobs announcement of his medical leave of absence.

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Business, Media »

Hugh Hefner To Take Playboy PrivateHugh Hefner To Take Playboy Private

by National Confidential | 10 January 2011 | 2:21 pm EST

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Hugh Hefner will take Playboy Enterprises private in a deal that will secure his control over the company he founded more than 50 years ago. Mr. Hefner first offered in July to buy up the stock in Playboy that he did not already own for $5.50 a share. But to get the deal done, Mr. [...]

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Business, Tech »

Facebook Could Go Public In April 2012Facebook Could Go Public In April 2012

by National Confidential | 06 January 2011 | 4:24 pm EST

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Facebook Inc. will begin disclosing financial information or stage an initial public offering by April 2012, according to a new 100-page private-placement memo now being distributed to potential investors in the company. The popular social-networking company said in the document that it intends to breach a critical 500-shareholder limit this year. Crossing the limit triggers [...]

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Business, Tech »

Facebook May Be Forced Into IPOFacebook May Be Forced Into IPO

by National Confidential | 04 January 2011 | 9:32 am EST

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As we all know, Facebook is officially worth $50 billion after an incredibly successful round of funding from Goldman Sachs investors. Moments after, the whispers of “IPO” began. Business Insider is reporting that law professor Adam Pritchard says that due to the Securities and Exchange Act of 1934, rule 12g51(b)(3), the company will legally be [...]

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Business, Tech »

Twitter Gets $200 Million In Funding, Won’t Go PublicTwitter Gets $200 Million In Funding, Won’t Go Public

by National Confidential | 15 December 2010 | 10:59 pm EST

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Don’t expect Twitter to be tweeting about an initial public offering any time soon. The popular online communications service has raised another $200 million so it can keep growing without Wall Street’s help. Kleiner Perkins Caufield & Byers, one of Silicon Valley’s best-known venture capital firms, is leading the investment announced Wednesday. Twitter also added [...]

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Business, Tech »

Twitter Gets $200 Million In Funding, Won't Go PublicTwitter Gets $200 Million In Funding, Won't Go Public

by National Confidential | 15 December 2010 | 10:59 pm EST

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Don’t expect Twitter to be tweeting about an initial public offering any time soon. The popular online communications service has raised another $200 million so it can keep growing without Wall Street’s help. Kleiner Perkins Caufield & Byers, one of Silicon Valley’s best-known venture capital firms, is leading the investment announced Wednesday. Twitter also added [...]

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Business »

Weak Sales At Best Buy Hurt StocksWeak Sales At Best Buy Hurt Stocks

by National Confidential | 14 December 2010 | 10:26 am EST

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Best Buy Co. on Tuesday reported a 4.4% drop in fiscal-third-quarter profit on weak sales trends, sending its shares sharply lower in early trading. The company also reduced its per-share profit forecast for the year to $3.20 to $3.40, below the level it had seen before raising the view to $3.55 to $3.70 in September. [...]

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Business, Crime »

Feds Investigating Giant Insider Trading OperationFeds Investigating Giant Insider Trading Operation

by National Confidential | 20 November 2010 | 12:41 am EST

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Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation, according to people familiar with the matter. The criminal and civil probes, which authorities say could eclipse the impact on the financial industry of any previous such investigation, are examining [...]

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Business, Tech »

Kayak: Travel Search Engine Files For IPOKayak: Travel Search Engine Files For IPO

by National Confidential | 17 November 2010 | 10:32 am EST

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Popular travel search engine Kayak has filed with the SEC to raise up to $50 million in an initial public offering. In its filing, the travel search engine reveals that it brought in $48 million in revenue in its most recent quarter and $128 million year-to-date, representing growth of 48% and 80% year-over-year, respectively. The [...]

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Business »

GM Raises IPO PriceGM Raises IPO Price

by National Confidential | 16 November 2010 | 8:33 am EST

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General Motors announced Tuesday that it raised its price range for its shares offering to between $32 and $33 per share, as reported by CNBC. Previously, the company had estimated the price range for the offering of 365 million shares of common stock within the range of $26.00 to $29.00 per share. READ MORE

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Business »

Global X Lithium ETF Tracks Lithium, Battery MakersGlobal X Lithium ETF Tracks Lithium, Battery Makers

by National Confidential | 19 July 2010 | 1:19 am EST

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“Bolivian magnate R. Marcelo Claure had been looking for a way to make a broad-based bet on lithium. A hedge fund in which he invests found him one. The fund, MC Capital Advisors, this year turned to a company that creates exchange-traded funds. The result was Global X Lithium, an ETF that tracks lithium producers [...]

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Business »

Hedge Funds Cut Back Trading, Confused By Market MovesHedge Funds Cut Back Trading, Confused By Market Moves

by National Confidential | 08 July 2010 | 2:05 am EST

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“Reeling from the worst second-quarter performance in a decade, hedge funds have scaled back trading as they struggle to figure out where markets are headed amid sometimes vicious crosscurrents in stock, commodities and other markets, according to brokers and managers.” [Link]

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Business »

Dow Down 10% In Second Quarter 2010Dow Down 10% In Second Quarter 2010

by National Confidential | 01 July 2010 | 4:46 am EST

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“The stock market rounded out its worst quarter since late 2008 on Wednesday with a late slide that spared few blue chips, The New York Time’s Christine Hauser reported. A day after the broad market tumbled to its lowest level so far this year, it fell a further 1 percent Wednesday after Moody’s warned that [...]

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Business »

Hedge Fund ETF: Trade Like The RichHedge Fund ETF: Trade Like The Rich

by National Confidential | 23 June 2010 | 9:05 pm EST

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“One of the key selling points of hedge fund ETFs is that their management fees are significantly lower than the traditional 2/20 fee structure of hedge funds, reports Michael Sisk of Barron’s. Hedge funds typically charge a 2% fee on top of 20% of the profits.” [Link]

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Business »

Andrew J. Hall: Ex-Citigroup Energy Trader Raises $1.08 Billion For Offshore Hedge FundAndrew J. Hall: Ex-Citigroup Energy Trader Raises $1.08 Billion For Offshore Hedge Fund

by National Confidential | 21 June 2010 | 6:11 pm EST

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Andrew J. Hall picture “Andrew J. Hall, the former Citigroup energy trader whose proposed $100 million bonus created an uproar about excessive Wall Street compensation, has raised $1.08 billion for an offshore version of his hedge fund, Bloomberg News reports.” [Link]

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Business »

Tesla Motors IPO Goal Is $178 MillionTesla Motors IPO Goal Is $178 Million

by National Confidential | 15 June 2010 | 11:03 am EST

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“Tesla Motors has raised the target it has set for its planned initial public offering to about $178 million, weeks before the money-losing electric car maker is scheduled to go public, the company disclosed in a regulatory filing.” Link

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