By Gary Gordon: Non-cyclical stock sectors (e.g., consumer staples, health care, utilities, etc.) often do well when there are concerns about economic growth. Indeed, exchange-traded funds representing one or more components of the non-cyclical arena have been the key drivers in the broader U.S.
By Sunil Shah:On 8 November 2011, insurance industry software developer Ebix Inc. (EBIX) hosted a conference call to disclose results for the September quarter. It was excellent: management was confident, assertive and delivered the report with mounting conviction about the company's future prospects.
An exchange I had last week with Econbrowser reader (and world-renowned scholar) Simon van Norden may be of interest to broader readers, so I lift it here from the comments:
Under the current economic circumstances, what mix of fiscal and monetary policy do you think would be desirable?
NEW YORK — Starbucks Corp said it would restate fourth-quarter results to show an operating loss of US$2.12 billion to reflect damages related to its dispute with Kraft Foods.
Starbucks shares were down 1.8% at US$79.15 in trading before the bell on Wednesday.
An arbitrator has concluded Tuesday that Starbucks must pay US$2.76 billion to settle a dispute with Kraft over coffee distribution.
ByUlfberht Capital:Executive Summary:We believe that Starbucks (SBUX) is a medium quality company with a Business Quality Score of 6 based on a scale of 1 to 10 (10 is best). Also, shares of Starbucks appear to be undervalued based on a discounted cash flow analysis. Starbucks stock would need to rise 25.5% to reach fair valve based on the closing price of $55.55/share for Starbucks shares on 02-14-2013.
It's your friend's birthday! Want to buy them a Starbucks card? That's the latest way Facebook is trying to get users, used to posting simple, free birthday wishes on friends' walls, to spend money instead.