Posts by Nicole Goodkind
- Nicole Goodkind at Yahoo Finance21 hrs ago
Advertisers have access to what you do online — targeted ads come from your emails, web searches, and the websites you visit. But your photos have been largely off limits — until now. A company called Ditto is now scanning photos posted to social media sites like Facebook, Twitter and Instagram for branded products and selling that information to companies and advertisers.
“We train algorithms to find mostly brands that are in photos: the drinks that people are holding, the brands that people are wearing, handbags and other things that appear frequently in photos,” says David Rose, CEO of Ditto. “Those are very interesting to companies that sell the product because they can see how the product is actually being used in the wild.”
The primary use of Ditto so far is what Rose calls “digital ethnography,” or using photos to help brands see how their products are used and with what other products they’re used with. “For example, if somebody’s holding a Red Bull what are they wearing?" says Rose.
Tumblr (which Yahoo is the parent company of) recently inked a partnership with Ditto to allow the company to analyze all 130 million photos shared daily on the website.
- Nicole Goodkind at Yahoo Finance23 hrs ago
Home price growth continues to slow, according to today’s S&P/Case-Shiller index.
According to the index, home growth rates grew 6.2% nationwide for the 12-month period ending in June, much lower than the double-digit gains seen last year. The S&P/Case-Shiller composite index of 20 major cities through the U.S. increased 8.1% over the same period, down from a 9.4% in May and below economists' expectations of 8.4%.
Home prices appear to be moderating but that’s good news says Shari Olefson, CEO of The Carnegie Group. “Those big increases that we saw last year were not sustainable and in general we’re still seeing an upward trend when you look at the big picture,” she says.
Still, it’s not all roses for Olefson. “What I wasn’t happy with are some of the trends we’re seeing in new construction," she notes.
- Nicole Goodkind at Yahoo Finance4 days ago
Next week is the last unofficial week of summer, but that doesn’t mean you should let August doldrums get between you and your portfolio. Yahoo Finance’s very own Lauren Lyster, Milanee Kapadia, Michael Santoli and editor-and-chief Aaron Task are here to bring you information on what you should be expecting next week, August 25 th through 29 th .
Watch the pump—
Next week ends in Labor Day weekend which means more Americans will be hitting the roads than usual, in fact this Labor Day will see the largest amount of travel in six years, according to the AAA. With 86% of the estimated 34.7 million travelers expected to drive to their destination, gas will be in high demand. Good news though, prices are lower. AAA has estimated gas in the U.S. will round out at about $3.44 per gallon—it was $3.59 per gallon last Labor Day.
“The best part of this story,” says Milanee Kapadia, “is that the low price isn’t because of lower consumer demand, it’s because of increased supply, especially here domestically.” U.S. crude oil production in 2015 is expected to hit its highest level since 1972.
- Nicole Goodkind at Yahoo Finance4 days ago
Time for your daily dose of trending tickers, the stocks that you're tracking as measured by Yahoo finance ticker searches.
Keurig Green Mountain (GMCR):
Shares are up more than 9% today after Keurig announced that they had struck a deal to make Kraft's branded coffees, Maxwell House and Gevalia, for single serve use. Kraft has also made a deal to package McDonald's coffee for retail so you'll be able to make McDonald's McCafe's in your Keurig. The company recently partnered with Coca-Cola to create a machine that creates Coke-branded soda at home.
Next up Gamestop. Shares of the video game retailer are popping up about 6% after the company reported a beat on earnings. High demand for video games and Microsoft's Xbox One and Sony's PlayStation 4 helped boost sales. Gamestop reported earnings of 22 cents a share, estimates were for 19. Total net sales increased about 25% year-over-year.
- Nicole Goodkind at Yahoo Finance5 days ago
Angelo Mozilo, the spectacularly tan co-founder of Countrywide Financial Corp., is reportedly in trouble with prosecutors once again due to his company’s loose lending standards leading up to the financial crisis. This latest prosecution comes three years after the Justice Department abandoned a criminal investigation into Mozilo.
According to a report by Bloomberg, the U.S. attorney’s office in Los Angeles will use a law that dates to 1989 and the aftermath of the savings and loan scandal to bring civil charges against Mozilo for his role in the financial crisis. The Financial Institutions Reform, Recovery and Enforcement Act gives prosecutors a lower bar for bringing civil charges than criminal charges require. The law also allows 10 years to bring charges.
To date, the largest punishment Mozilo has received for his involvement in the subprime mortgage crisis was a $67.5 million settlement with the SEC in 2010 for misleading Countrywide investors. As part of that settlement, Mozilo neither admitted nor denied any wrongdoing.
- Nicole Goodkind at Yahoo Finance6 days ago
Each year IMagazine releases its ranking of the 500 fastest-growing privately held companies. Now in its 33rd year, Inc. goes through thousands upon thousands of applications from eligible companies, which submit their stories and revenue over a three-year period, for evaluation. Companies like Pandora (P), 7 Eleven, Toys ‘R’ Us, Zipcar and Zappos.com have applied and won a coveted spot on the list in the past.
Inc. Magazine editor-in-chief Eric Schurenberg joined Yahoo Finance to discuss some of his favorite companies that made the list this year.
- Nicole Goodkind at Yahoo Finance7 days ago
Performing at the Super Bowl halftime show means huge exposure and a boom in sales for even the most hallowed artist, which is why performers like Beyoncé, Madonna, Paul McCartney and Bruce Springsteen have agreed to perform free of charge. According to a report from The Wall Street Journal, however, the NFL is now asking potential halftime artists to pay them to perform.
The NFL reasons that the exposure halftime performers receive boost their album and tour sales substantially. Last year’s show brought in 115.3 million viewers -- about 3 million more viewers than the game's average. To put that into perspective, the 86th Academy Awards had 43.8 million viewers and the 56th Grammy Awards had 28.5 million.
- Nicole Goodkind at Yahoo Finance7 days ago
Ten years ago, a small Internet company called Google (maybe you’ve heard of it?) released its IPO prospectus, declaring that its code of conduct was “don’t be evil."
Google (GOOGL) debuted at $85 a share with a $23 billion valuation. Today the stock is trading just under $600 a share with a $390 billion market cap.
“Google has just killed it,” says Yahoo Finance’s Henry Blodget. “They had a great central product and...it is an insanely profitable business that has thrown out all sorts of cash.”
At the time of Google’s IPO the company's annual revenue was just over $3 billion; today it comes in at around $70 billion.
Of course Google has also produced other successful products including Gmail, YouTube Chrome and many experimental products like Google Glass, self-driving cars, and a monthly music subscription service. Google’s display business and its YouTube division are becoming meaningful businesses for Google, says Blodget. But, “everything else is pretty much a rounding error…it may be exciting someday but right now it is not.”
- Nicole Goodkind at Yahoo Finance11 days ago
For the extremely wealthy, a vacation to Europe or South America just doesn’t cut it. They demand adventure and luxury that takes them to the ends of the Earth and back. As Financial Times travel editor Tom Robbins puts it, “It’s all about bragging rights. If I was at a dinner party with you and you’d say you’d been to Barbados in a lovely hotel with gold taps I’d say ‘that doesn’t really impress me much,’ but if you said you’d been to Myanmar and gone trekking with the hill tribes I might think more of that.”
Robbins joined Yahoo Finance to discuss the hottest exotic travel destinations for the 1%.
Flying into Bhutan isn’t for the faint of heart. The only international airport, Paro, is surrounded by mountains as high as 18,000 feet and is considered one of the most challenging airports to fly into and out of. It might be easy to get over the perils of the flight, however, as Bhutan created and tops the “Gross national happiness index.”
- Nicole Goodkind at Yahoo Finance13 days ago
Vintage wines, antique cars and in-vogue art – these all made the annual list of Bloomberg Markets Magazine’s top alternative and exotic investments. Not all alternative investments, however, are created equal, and they do tend to change in value from year to year. Devin Banerjee, U.S. investing reporter with Bloomberg, joined Yahoo Finance to discuss.
“We’ve seen antique cars do very well,” he says, “with 40% gains in the antique cars index.”
Wine, however, has lost value this year, but Banerjee points out these are averages and there are still outliers. A 2004 wine made by Château Pavie, a wine maker from the Bordeaux region of France, has a 24.1% three-year annualized return. But in general, wine has seen a -9.6% three-year annualized return.