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Category Archives: News

Guess who’s rockin’ this morning

Signs of an economic crisis? A downturn? Well that’s nothing but good news for education providers– companies which focus on associate degrees and technical diplomas. Turns out that Apollo (APOL), an education provider and the company which owns University of Phoenix, is hauling @** this morning.  Their profits were up 85 cents/share—up from 75 cents/share same quarter a year [...]

News Byte: Gold & Silver rise again

When investors panic, they turn to things tangible– gold and silver! The Iranian nuclear program just exacerbated the paranoia. From Bloomberg
Gold rose to the highest in almost 10 weeks on speculation that mounting tensions over Iran’s nuclear program will spur investor demand for a haven from market turmoil. Silver also gained.

News Byte: Starbucks to cut as many as 12,000 positions

Wow!
Starbucks Corp (NasdaqGS:SBUX - News) said on Tuesday it plans to close another 500 underperforming stores and eliminate as many as 12,000 fill- and part-time positions.