Posts by Nicole Goodkind

  • The best CEOs of 2014

    Nicole Goodkind at Yahoo Finance 10 hrs ago

    When a company is doing well a CEO can be heralded as innovative and brilliant, but when things go wrong they're the first to get the blame, even when they don't deserve it. The top CEOs know that guiding their companies into prosperity is a gentle balancing act, and they walk the tightrope well. Sydney Finkelstein, the Steven Roth Professor of Management for the Tuck School of Business at Dartmouth joined Yahoo to explain his list of the top 5 CEOs of 2014:

    Related: The worst CEOs of 2014

    Andrew Wilson, Electronic Arts

    John Martin, Gilead Sciences

    Finkelstein writes that Martin, "successfully brought Sovaldi [a drug that fights Hepatitis C, but controversially costs $95,000 per treatment] to market and embraced a pricing strategy that delivered significant value to investors." Gilead (GILD) is up nearly 41% YTD. 

    Jack Ma, Alibaba

    Kevin Plank, Under Armour 

    Elon Musk, Tesla and SpaceX

    More from Yahoo Finance

    The worst CEOs of 2014

  • This 23-year old went two years without creating any trash

    Nicole Goodkind at Yahoo Finance 1 day ago

    Think about how much garbage you produce in a day, a week or even a month. If you’re anything like the average American, it’s probably quite a bit.  In 2012, the average U.S. household produced 1,600 pounds of trash, and America as a whole produced about 251 million tons of trash, according to the Environmental Protection Agency. That’s enough to cover the state of Texas in garbage 2.5 times over.

    America accounts for about one-third of the world’s waste, and a lot of plastic waste ends up in our oceans.  More than one million seabirds and 100,000 marine mammals die each year after consuming trash that they mistake for food.

    Waste management is a $52 billion industry, but one 23-year-old environmentalist is attempting to put a dent in that. Lauren Singer has lived a trash-free life for nearly two years.  All of the non-recyclable garbage she has produced in that time fits neatly inside one of the mason jars she carries her coffee and snacks in.

    As a side benefit, Singer has found that it’s been a great way to save money.

    Know your garbage

    Transition out products

    Make it yourself

    “It’s a process but it’s fun and it’s nice to conquer something,” she says.

  • Fed clears the way for a year-end rally

    Nicole Goodkind at Yahoo Finance 1 day ago

    Janet Yellen, chair of the Federal Reserve, announced yesterday that the Fed doesn’t expect to raise interest rates until next year and likely won’t begin the process until at least late April. The Fed will be "patient in beginning to normalize the stance of monetary policy," said Yellen.

    Analysis largely expected the Fed to remove language from its statement that said it would keep interest rates low for a “considerable time,” but the language stayed and markets rallied. Both the Dow (^DJI) and S&P (^GSPC) had their best days of 2014 yesterday. Markets were also up sharply this morning.

    So does this mean it’s smooth sailing for markets for the next six months?

    Related: Markets get a shock and Fed does nothing: Gary Shilling

    Prior to the announcement markets experienced a sharp downturn due in large part to how-low-can-they-go oil prices, leaving many to believe that the typical end-of-year rally wouldn’t happen in 2014.

  • Bull will run in 2015 but beware of inflation scare: Sonders

    Nicole Goodkind at Yahoo Finance 1 day ago

    Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, predicts that 2015 will be a good year for investors. Good, however, doesn’t mean it will be all sunshine and rainbows. She does predict that markets will have some mood swings along the way.

    Sonders looked at historical data and found that the year after a midterm election tends to be strong, as does a year that ends in “5.” It may sound a bit superstitious, but data supports the idea: “Every year ending in a ‘5’, going back to 1905 has seen the stock market go up, and up a lot—an average of about 32%” says Sonders. Sonders notes that this is a fun fact, not a forecast. She doesn’t expect gains in the 30%-range next year.

    [Get the Latest Market Data and News with the Yahoo Finance App]

    “We’re in the middle more mature phase of what I think is a secular bull market,” she says. “The returns will become a little more muted, we’ll see more bouts of volatility and more likelihood of pullbacks, largely because of where we are in the cycle.” She believes this will be healthy for stocks, and that a grind higher will elongate the bull market.

    More from Yahoo Finance

     

  • The worst CEOs of 2014

    Nicole Goodkind at Yahoo Finance 2 days ago

    In today's world CEOs of major corporations are celebrities. Names like Mark Zuckerberg and Tim Cook grace the covers of both tabloids and business journals (their stories are sometimes even made into blockbusters-- typically written by Aaron Sorkin). It's easy to get sucked into their cult of personality and forget that they have an actual job to do.

    That's partially why Sydney Finkelstein, the Steven Roth professor of management for the Tuck School of business at Dartmouth releases his list of the worst CEOs each year. The list comes out at a particularly pertinent time as American Apparel announces that it has finally ousted controversial CEO and founder Dov Charney.

    Related: The Best CEOs of 2014

    So which CEOs did the worst job in 2014? Finkelstein joined Yahoo Finance to give some insight into the bottom five.

    Dick Costolo, CEO, Twitter

    Eddie Lampert, CEO, Sears Holdings

    Phillip Clarke, CEO, Tesco

    Dov Charney, CEO, American Apparel

    Ricardo Espírito Santo Silva Salgado, CEO, Banco Espírito Santo

    More from Yahoo Finance

  • Why Apple is still a cheap stock

    Nicole Goodkind at Yahoo Finance 4 days ago

    2014 was a huge year for mobile payment-- Apple (AAPL) released its digital wallet service in October. Google (GOOGL) wallet, PayPal and payment apps like Venmo also gained popularity.

    2015 might offer more. “I think the real discussion around Apple pay is about how Apple and its new offering can disrupt the industry,” says Nicole Sinclair, senior stock analyst at TheStreet.com. “Right now we’re not seeing a really big uptake on the consumer or business side but the potential there is strong.” Still, says Sinclair, people are starting to think about how this will affect companies in the industry. Bears believe that Visa (V) and Mastercard (MA) are all but dead and that they’ll lose out.

    Related: These animals are probably richer than you are

    Get the Latest Market Data and News with the Yahoo Finance App

  • These animals are probably richer than you are

    Nicole Goodkind at Yahoo Finance 7 days ago

    News that Grumpy Cat’s owner, Tabatha Bundesen, has made millions of dollars from images of her pet went viral last week. Bundesen was able to quit her job at Red Lobster just days after pictures of her cat that suffers from dwarfism emerged online and has since produced two books, a movie and other products based on the cute feline.

    While Grumpy Cat certainly lives a charmed life, it’s her owner, Bundesen, who is raking in the big bucks. That doesn't mean there aren't animals out there with their own money. Yahoo Finance compiled a list of the richest and independently wealthy animals.

    1. Tommasino the cat, $12.4 million

    Tommasino was a stray cat that wandered into the home of Italian property magnate Maria Assunta’s home. Assunta took in the black cat and according to her nurse, treated him like her own child.

    “The old lady suffered from loneliness,” Stefania told the Telegraph, “She looked after that cat more than you’d look after a son.”

    Stefania and Tommasino are currently living together just outside of Rome.

    2. Gunther IV the German Shepard, $372 million

  • Congress will pass immigration and tax reform in 2015: Valliere

    Nicole Goodkind at Yahoo Finance 7 days ago

    The 114 th session of Congress begins on January 3 rd , 2015 and new tests await Republican leaders. House Speaker John Boehner (R-Ohio) and incoming Majority Leader Mitch McConnell (R-Kentucky) will face new challenges as they try to reach across the aisle and get bills passed in a Republican-led House and Senate.

    The current session of Congress remains on track to become the least productive in modern history and currently has an approval rating of just 13%.

    Greg Valliere, chief political strategist of Potomac Research Group, has hope that the next session will change the way Congress has been operating. He believes that they will be able to cooperate and get bills passed.

    “There’s a chance of movement” on bills like corporate tax reform, he says. But “the bar is pretty low after this woeful last Congress. I think this new Congress will at least begin consideration of things like tax reform…I even think immigration reform could be on the table.”

    Tax Reform

    Immigration reform

    Infrastructure Spending

  • American royalty: Inside the dynasties of the Kennedys, Rockefellers & More

    Nicole Goodkind at Yahoo Finance 9 days ago

    America doesn’t have royalty but it does have its fair share of dynastic families. From political power players like the Bushes, Clintons, and Kennedys, to the oldest of old money like the Rockefellers, Du Ponts and Astors – money and power have been passed down these bloodlines for hundreds of years.

    Using Forbes’ America’s richest families list, Yahoo Finance compiled a list of five families whose accumulated, wealth, influence and longevity make them the American equivalent of the royal family.

    Media Titans: The Hearst family

    Worth: $35 billion

    Wealth established: 1887

    Source of wealth: Hearst Corporation

    Like his father, William Randolph was involved in American politics—he was a member of Congress for two terms and ran for both mayor and governor of New York. William Randolph’s life is said to be the inspiration behind Orson Welles’ film "Citizen Kane"—his notorious home, Hearst Castle, was also the inspiration for Kane’s Xanadu.

    The Hearsts remain in the publishing business—William Randolph Hearst Jr. won a Pulitzer Prize in 1956 for his international reporting and William R. Hearst III chairs Hearst Corporation today.

  • How Prince William and Duchess Kate make money

    Nicole Goodkind at Yahoo Finance 10 days ago

    British royalty met U.S. royalty at last night’s Brooklyn Nets vs. Cleveland Cavaliers basketball game in Brooklyn. Music super couple Jay-Z and Beyoncé walked across the court to introduce themselves to Prince William and Kate, the Duke and Duchess of Cambridge. Both couples are extremely famous and wealthy (Beyoncé and Jay-Z have nearly $1 billion in combined assets), but when it comes to how they earn their money the couples differ. For Beyoncé and Jay-Z things are pretty straightforward, they go on tour, release albums and endorse products. When it comes to Will and Kate, however, it’s complicated.

    So how exactly do the Duke and Duchess make their money? Yahoo Finance broke it down for you.

    Inheritance from Princess Diana

    The Duchy of Cornwall

    The Prince cannot do whatever he wishes with the Duchy—it is managed and run on his behalf, but he receives all net profit from it. Though the Duchy is not taxed, Prince Charles voluntarily paid income tax on his profits.

    While it’s unclear exactly how much of the Duchy’s profits are handed to Will and Kate—it’s at least enough to keep a staff of 12 aides and an active travel schedule.

    British taxpayers

    Will Works