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Monthly Archives: May 2013

SolarCity Surges to New High

*from www.buzz.money.cnn.com, May 13, 2013 (To view original article click here.) Take Away #1: Investors can’t seem to get enough of companies that harness the sun’s power, as shares of SolarCity (SCTY) soared to an all-time high of $31.89...

U.S. Stocks Decline After S&P 500 Climbs to Record High

*from www.bloomberg.com, May 10, 2013 (To view original article click here.) Take Away #1: The Dollar Index extended its biggest two-day rally since July. Key Facts and Figures: The Dollar Index, a gauge of the currency against six major...

Yahoo’s Mayer Said to Explore Bid for Hulu to Add Video Service

*from www.bloomberg.com, May 10, 2013 (To view original article click here.) Take Away #1: Yahoo! Inc. CEO Marissa Mayer is exploring whether to bid for the Hulu LLC streaming-TV service, people with knowledge of the matter said. Key Facts...

Americans Most Upbeat in Five Years as Firings Slow: Economy

*from www.bloomberg.com, May 9, 2013 (To view original article click here.) Take Away #1: The number of Americans filing claims for jobless benefits unexpectedly dropped last week, signaling employers have enough confidence in the economic...

U.S. Stocks Decline After S&P 500 Climbs to Record High

*from www.bloomberg.com, May 9, 2013 (To view original article click here.) Take Away #1: U.S. stocks fell, following five successive S&P 500 Index as investors weighed earnings and sales from companies including Monster Beverage Corp....

U.S. Stocks Climb After Dow Tops 15,000 Amid Earnings

*from www.bloomberg.com, May 8, 2013 (To view original article click here.) Take Away #1: U.S. stocks rose, after the Dow climbed above 15,000 for the first time yesterday, as earnings forecast from companies beat analyst estimates. Key Facts...

Tesla CEO Talking With Google About ‘Autopilot’ Systems

*from www.bloomberg.com, May 7, 2013 (To view original article click here.) Take Away #1: Elon Musk said Tesla Motors Inc. (TSLA) is considering adding driverless technology to its vehicles and discussing the prospects for such systems with...

Bain, Golden Gate Agree to Buy BMC for $6.9 Billion

*from www.bloomberg.com, May 6, 2013 (To view original article click here.) Take Away #1: Bain Capital LLC and Golden Gate Capital agreed to acquire BMC Software Inc. (BMC) for $6.9 billion in the third largest private-equity deal of 2013. Key...

Gold Bulls Split With Buffett as Traders Say Sell: Commodities

*from www.bloomberg.com, May 6, 2013 (To view original article click here.) Take Away #1: Hedge funds increased bets on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just...

GM Plans About $16 Billion in Investments in U.S. by 2016

*from www.bloomberg.com, May 6, 2013 (To view original article click here.) Take Away #1: General Motors Co. (GM) is planning to invest about $16 billion on U.S. factories and facilities through 2016. Key Facts and Figures: GM has now been...