YOUR FRIENDS' ACTIVITY

    • There has been a lot of talk about the death of the TV business over the past 10 years.

      And the TV business is indeed beginning to change in ways that will change the status quo for TV companies, especially networks.

      But those changes are happening slowly.

      And in the meantime, it's business as usual in the TV industry, which means coining money at a rate that is almost unfathomable to anyone who works in the print or digital-media or even radio businesses.

      Case in point?

      A cable TV network that no one watched, Al Gore's Current TV, just sold for $500 million.

      Okay, it's an exaggeration to say that no one watched Current, although that's exactly what the network's best-known host, Eliot Spitzer, recently told the New York Times' Brian Stelter, but it's not an exaggeration to say that Current's ratings were lousy.

      The ratings were so lousy, in fact, that the network was at risk of getting dropped by Time Warner Cable (TWC).

      Nor was the programming that Current TV produces attractive to

      Read More »

    • Big banks had a phenomenal year in 2012.

      For example, shares of Bank of America (BAC) gained 107.3% last year, making it one of the best performers in the Dow Jones Industrial Average (DJI).

      Can the bull run in bank stocks continue in 2013?

      Not likely says Peter Atwater, president of consulting firm Financial Insyghts and a former executive at JPMorgan (JPM).

      In an interview with The Daily Ticker, Atwater says the time to be bullish on financials was in October of 2011, a period when bank stocks were beaten down and uncertainty over new financial regulation spooked investors. Ultimately, the U.S. banks most exposed to government regulatory actions – such as Bank of America – experienced a bounce in their stocks as investors priced in policy outcomes (Atwater likens these stocks to “options” on policy decisions).

      Big bank stocks may have a little more room to run according to Atwater, but that has not stopped him from advising clients to take profits.

      Banks are at "the top end of the

      Read More »

    • IPOs Are Due For a Comeback In 2013: Survey Says

      By Nicole Goodkind | Daily Ticker – Thu, Jan 3, 2013 8:45 AM EST

      Last year was not a good year for initial public offerings. Only 128 companies managed to IPO compared with the 154 that did in 2011 and the long term average of nearly 200 per year. The median proceeds raised by IPOs fell by 23% and 40% of companies ended up worth less than their initial price ranges.

      2013, however, may be a turnaround year for companies new to the stock market says Jeff Corbin, CEO of investor relations firm KCSA.

      KCSA’s 3rd annual strategic communications survey polled 50 leading securities attorneys whose firms were responsible for 87% of major initial public offerings in 2012 and found that things are looking up. More than one-third of respondents said they believe the IPO market will be stronger in the coming year, the highest percentage reported in the poll's history.

      IPOs in 2012 were marred by fiscal cliff uncertainty and over-hyped social media names, says Corbin. According to KCSA’s survey 59% of respondents said the fiscal cliff was a perceived driver for

      Read More »

    • So much for the lost decade. Despite an economy in recession and a government debt burden twice the size of its GDP, Japan’s stock market rallied 23% last year--its biggest gain since 2005 and more than twice the profit in U.S. stocks.

      “Japan had disappointed so many times in the past when there were reasons to hope for a recovery from several decades of depressed markets and deflation,” writes Bill Witherell, chief global economist at Cumberland Advisors, in a recent commentary.

      But this year will be different, Witherell tells The Daily Ticker. “This year we have a new government..a government that’s committed to really do something dramatic to get the economy turned around.”

      Related: 'Obscene' Stimulus Will Trigger 'Made in Japan' Crisis in 2013: Mauldin

      Witherell says the Japanese government wants to reduce the value of the yen and implement a large fiscal stimulus. The yen recently fell to a two-year low and could fall further, says Witherell, noting that a weaker yen will help

      Read More »

    Pagination

    1. 108
    (2,373 Stories)

    FOLLOW 'THE DAILY TICKER'

    "The Daily Ticker" covers the most important business stories of the day -- the economy, investing, corporate leadership and politics. "The Daily Ticker" picks up where Tech Ticker left off and is hosted by Aaron Task, Lauren Lyster and Henry Blodget. Often serious, sometimes irreverent and always interesting, "The Daily Ticker" gives viewers a unique take on the business world's most crucial stories.

    Subscribe and RSS

    [X]

    How to subscribe

    Roll over each section to subscribe using Add to My Yahoo! or RSS Feed feeds.

    Yahoo! News offers dozens of RSS feeds you can read in My Yahoo! or using third-party RSS news reader software. Click here to find out more about RSS and how you can use it with Yahoo! News.
     
    Symbol Price Change % Chg 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
    Save List to Portfolio »
     
    Sign-in to view quotes in your portfolios.