Serendeputy - your personal news assistant.

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by rob wile

Silicon Valley enjoys something of a monopoly these days on making the most noise in the U.S. economy. But there's been surprisingly little fanfare surrounding the latest project that seemingly all the most successful Valleyites have been pouring into:...
From: Business Insider | By: Rob Wile | Tuesday, July 22, 2014
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Starbucks announced earnings of $0.67 per share for its fiscal Q3. Expectations were for adjusted EPS of $0.66 per share. The stock was down 0.5% in after-market trading. The coffee purveyor said revenues came in at $4.15 billion, against $4.14 billion...
From: Business Insider | By: Rob Wile | Thursday, July 24, 2014
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SecondMarket founder Barry Silbert is stepping down as SecondMarket CEO to focus exclusively on Bitcoin. He'll remain Chairman and CEO of SecondMarket Holdings, Inc., but now plans to spin off the firm's digital currency activities. Silbert has been...
From: Business Insider | By: Rob Wile | Thursday, July 24, 2014
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Markit's initial reading of U.S. manufacturing data for July came in at 56.3. Expectations were for a reading of 57.5, up from a prior reading of 57.3. Job creation was the weakest since September 2013. "Cost burdens" were up on higher raw materials...
From: Business Insider | By: Rob Wile | Thursday, July 24, 2014
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We just learned initial jobless claims plunged to 284,000, their lowest level since 2006. Unfortunately, the data really don't tell us that much about the true health of the jobs market. That's because July is traditionally a time when automakers shut...
From: Business Insider | By: Rob Wile | Thursday, July 24, 2014
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Weekly jobless claims will be released at 8:30 a.m. Expectations are for 307,000, up slightly from 302,000 prior. Continuing claims are expected at 2,510,000 versus 2,507,000.Here's what it's looked like recently: Join the conversation about this story...
From: Business Insider | By: Rob Wile | Thursday, July 24, 2014
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GM has announced another round of recalls covering a total of 717,960 vehicles. CNBC's Phil LeBeau reports the recalls cover six models from 2011-2014. None are ignition switch related. 120,426 cars are related to turn signal bulb defects, according...
From: Business Insider | By: Rob Wile | Wednesday, July 23, 2014
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Tony Cruz, a backup catcher for the St. Louis Cardinals, chose to walk up to the plate last night to the sound of Matthew McConaughey thumping his chest as he hazed Leonardo DiCaprio in the "Wolf of Wall Street." The Cards were down 5 runs with one out...
From: Business Insider | By: Rob Wile | Wednesday, July 23, 2014
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Bill Ackman has already been forced to retract a contention he made during his three hour presentation Tuesday on why he believes dietary supplement firm Herbalife is a fraud. CNBC's Scott Wapner reports the Pershing Square founder had argued that...
From: Business Insider | By: Rob Wile | Tuesday, July 22, 2014
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Shares in Herbalife were up as much as 10%, as Pershing Square's Bill Ackman delivers what he said yesterday was the most important presentation of his career on the nutritional supplement company.  Appearing on CNBC Monday afternoon, Ackman reiterated...
From: Business Insider | By: Rob Wile | Tuesday, July 22, 2014
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The Richmond Federal Reserve said its latest manufacturing survey showed a reading of 7. Consensus was for a reading of 5, up from 3 in June. Manufacturing employment advanced nine points to a reading of 13. New orders and shipments were also higher....
From: Business Insider | By: Rob Wile | Tuesday, July 22, 2014
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