Zuckerberg Plan to Sell 99% of Facebook Stock Last week on Wednesday and Thursday, Facebook Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 767,905 units of FB stock to fund his for-profit charity. The sale amounted to $95-million-worth of Facebook stock. (Source: “Mark Zuckerberg Sells $95.0 Million Worth Of Facebook…
Understanding the economic slowdown in the Chinese economy is very important because not only does it impact American companies doing business there, but what happens in the Chinese economy—now the second-largest economy in the world—affects the global economy. While media outlets tell us the Chinese economy will grow…
Everything in capital markets is basically on hold until there is certainty regarding monetary policy and the prospects of a reduction in quantitative easing (QE). The stock market reaction to the Federal Reserve’s last monetary policy statement wasn’t good, and there was seemingly a misinterpretation by institutional investors…
Geopolitical events are overtaking the stock market’s near-term trading action, which was all about speculation over the Federal Reserve and what Chairman Ben Bernanke will do regarding quantitative easing. Based on what transpires in Syria, the equity market is ripe for more declines; realistically, the stock market has…
The second-quarter earnings season is considered over, but there are still a number of companies reporting. And the same trend continues—the numbers are anemic. Making the case for a rising stock market in the face of little sales growth and earnings results that are basically just meeting expectations…
One company that I use as a benchmark stock in manufacturing is Fastenal Company (FAST). The Street is looking for just a 6.5% gain in quarterly revenues and a three-penny improvement in comparable earnings. The company reports today. Many corporations have reported similar guidance. Among many investors, there…
After the stock market closes today, benchmark stock Alcoa Inc. (AA) is set to report. Expected consensus-adjusted earnings are $0.06 a share, with revenues averaging $5.86 billion. That’s about flat with the comparable quarter. Like many other benchmarks, Alcoa’s position has been drifting lower lately on slowing economic…
There is still a solid resilience to the stock market; and it’s based on global monetary stimulus combined with a sprinkling of economic news that institutional investors like. The willingness that institutional investors have to be buyers is still quite remarkable. But then again, with bond yields creeping…