Posts by Nicole Goodkind

  • You'll rue the day you bought 10-year notes: Stockman

    Nicole Goodkind at Yahoo Finance1 day ago

    Janet Yellen begins her September FOMC meeting today where she will meet with Federal Reserve Board Governors and Fed presidents from across the country to discuss current Fed Policy. The Fed’s bond-buying stimulus program is still expected to be completed by October, but Fed watchers are waiting with baited breath to see if Yellen will announce a revised timeline for raising short-term interest rates.

    “Considerable time,” are the two words on investors' minds. That’s the language the Fed currently uses to describe when they will hike rates. When the FOMC delivers their statement on Wednesday afternoon, markets will certainly react to whether that language is revised, erased or stays the same.

    The great taper

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  • Nike vs. Under Armour: It's War

    Nicole Goodkind at Yahoo Finance5 days ago

    Forget the Yankees and Red Sox; the biggest rivalry in sports right now is between Nike (NKE) and Under Armour (UA).

    Nike makes more than 10 times the revenue of Under Armour but the brands still frequently find themselves squabbling over endorsement deals and sponsorships.

    When NBA player Kevin Durant’s contract with Nike was set to expire, Under Armour flew in and topped Nike’s $200 million re-endorsement deal. Nike eventually won out with a $350 million offer but Under Armour CEO Kevin told Bloomberg reporters, “ Do I take pleasure in that they [Nike] paid $150 million more than they planned on paying? Absolutely.”

    Plank reportedly refuses to even say the word 'Nike' and recently opened an Under Armour office in Portland, Oregon—just a skip away from Nike’s headquarters.

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  • Apple’s big reveal, Alibaba’s IPO and tax reform: What to watch for next week

    Nicole Goodkind at Yahoo Finance12 days ago

    Update: Alibaba announced Friday afternoon that it's IPO price range will be between $60 and $66 per share .

    It's been a busy first week of September. The ECB cut rates, employment numbers fell short of expectations and cyber security was threatened once more with hacks affecting Apple and Home Depot. Hold on to your iClouds, it’s time to hear what the biggest stories in the business and finance world will be next week.

    Yahoo Finance editor-in-chief Aaron Task, Rick Newman and Jeff Macke join Lauren Lyster to discuss.

    Tax Inversions

    Treasury Secretary Jack Lew will speak Monday on tax reform and inversions. His talk will offer clues to the White House’s tax reform plan and will set the tone for Congressional action.

    “I don’t think it’s just going to be a speech saying ‘shame on you, you unpatriotic companies'," says Rick Newman. “We’re looking for something specific about what the Treasury Department might do and then some discussion in Congress about whether they might pass some kind of law.”

    Given Congress’ track record, it seems more likely that there will be executive action by President Barack Obama, says Newman.

    Alibaba Roadshow

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  • 3D printing revolution just getting started: MakerBot CEO

    Nicole Goodkind at Yahoo Finance13 days ago

    Note: Bre Pettis, co-founder and CEO of MakerBot is stepping down from his position to run the new “Innovation Workshop” at Stratasys. In a statement, Stratasys CEO David Reis writes, “Bre Pettis will be transitioning from the day-to-day activities of management to a position with Stratasys where he will be able to influence and direct the vision of MakerBot and Stratasys; he will also be a member of the MakerBot Board of Directors.” Last week, Yahoo Finance sat down with Pettis to discuss the future of MakerBot and 3D printing.

    For all the game-changing potential 3D printing may have, the road from concept to desktop printer was not as complicated for the founders of one company as it sounds.

    “Before MakerBot we just wanted a 3D printer but we couldn’t afford one,” says Bre Pettis, co-founder and CEO of 3D printing company MakerBot Industries. “They were really expensive and they were the size of refrigerators so we did what any good tinkerer or hacker type does, we just made one. And when it worked, we thought everybody should have one of these, and we started MakerBot.”

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