Recent Posts

Parasnand Madho
10 Jan, 2013 | 09:00 AM
Comments (2)
Ahead of the Bell: Dow futures are trading up 32 points and S&P futures are trading up 4 points after China reported growth rebounded sharply in December to a seven-month high, although, exports to US and Europe were a little subdued.  The European Central Bank and the Bank of England, both decided to keep interest rates unchanged and are staying with their easy monetary policy.         ...
Parasnand Madho
9 Jan, 2013 | 08:57 AM
Comments (2)
Ahead of the Bell: Dow futures are trading up 23 points and S&P futures are trading up 2 points after aluminum producer Alcoa kicked off the 4th quarter earnings season by beating analyst forecasts, although they cautioned the budget talks in Washington could hinder the positive outlook for global demand in 2013.  Year end results are expected to be better than the 3rd quarter, particularly since many companies lowered guidance for the final quarter of 2012. ...
Ronald Bohlert
2 Jan, 2013 | 05:46 PM
Comments (6)
Ok, so Congress was able to pull together a last minute deal to avoid the fiscal cliff and spark a triple digit rally.   Can anyone say “relief rally?”  In case you missed it, here is a quick cheat sheet on the deal: Income taxes:  The Bush-era tax cuts will remain permanently in place for the vast majority of Americans. Those individuals who make more than $400,000 a year—or families makingover $450,000  will see their tax rates increase from 35% to 39.6%. ...
Parasnand Madho
31 Dec, 2012 | 09:02 AM
Comments (2)
Ahead of the Bell: Dow futures are trading up 10 points and S&P futures are trading up 2 points. Hours before the deadline on the fiscal cliff on the last day of 2012, Congress and the White House still have not struck a deal. ...
Judith (Judy) C. McLevey
14 Dec, 2012 | 08:00 AM
Comments (32)
As the US approaches the fiscal cliff, triggering what could potentially result in huge tax increases and spending cuts on January 1st, 2013, many public companies have accelerated payments of their 2013 dividends so they occur before the end of this year and/or they have declared special, one-time dividends to be paid this year. Some companies have even decided to issue new debt to pay for special distributions. ...
Clarke Camper
30 Nov, 2012 | 09:38 AM
Comments (17)
In the aftermath of President Obama’s reelection and facing the looming fiscal cliff, several key Republicans recently suggested they won’t be bound by an Americans for Tax Reform pledge to oppose any and all tax increases. For years, that pledge, popularized by anti-tax crusader Grover Norquist, has been used to hold GOP lawmakers’ feet to the fire when it comes to accepting revenue hikes. ...