Today, market research firm Forrester published a report for brands titled “Social Relationship Strategies That Work.” So: What works? Not Facebook (FB) or Twitter (TWTR). The crux of the research suggests that brands are wasting their time, effort, and money on Facebook and Twitter to diminishing returns. A study conducted by the firm from earlier this year found that posts…
There is quite a bit of volatility in the precious metals as they sit at this important resistance level ahead of what could be an important active month of December. There was little delivery report activity, and the usual dribbles of bullion out of the Comex warehouses as noted below. There is intraday commentary related…
Ross Stores Inc. (ROST – Analyst Report) posted better-than-expected third-quarter fiscal 2014 results, wherein earnings per share rose 16% year over year to 93 cents, above the higher end of the guided range of 83–87 cents. Earnings benefited from better-than-anticipated top-line growth and robust merchandise gross margins. Moreover, earnings surpassed the Zacks Consensus Estimate of 87 cents per…
The Consumer Price Index for Urban Consumers (CPI-U) released this morning puts the October year-over-year inflation rate at 1.66%, off the May 19-month high of 2.13%. It is well below the 3.86% average since the end of the Second World War and 29 percent below its 10-year moving average. For a comparison of headline inflation…
WASHINGTON — Jean Andre traveled from Queens to the Federal Reserve Board’s stately headquarters here on Friday to tell the people who make monetary policy that he needs their help. He cannot find regular work on film and photo shoots. The jobs he does find pay less. The Fed’s chairwoman, Janet L. Yellen, agreed to…
Once the centerpiece of the Claff family estate, which made its wealth in corrugated boxes, this brick, slate-roofed Tudor retains that air of affluence, starting with the expansive foyer, which is adorned with the original peg-and-groove oak floor, an Art Deco chandelier, and a 9-foot ceiling. The home’s period charm is also on display in…
The pressure is building for IBM’s Ginni Rometty to revive the company or risk confronting calls for more radical steps — like a major breakup. International Business Machines Corp. (IBM) surprised investors yesterday by scrapping its 2015 forecast and projecting that earnings will decline this year, the first drop since 2002. The shares plunged to a…
U.S. stocks rose again Friday, putting the market on track for its best week in almost two years. Amazon plunged after the company reported dismal third-quarter results, but that wasn’t enough to drag the rest of the market down. KEEPING SCORE: The Dow Jones industrial average rose 43 points, or 0.3 percent, to 16,719 as…
Where to Comedor, a chic little hideaway in Newton Centre. What for American-Chilean small plates created by husband-and-wife team Jakob and Fernanda White, both of whom cooked nearby at 51 Lincoln. The scene A Roz Chast New Yorker cartoon come to life. Sophisticates in Warby Parker eyewear and jangly bangles sip water and discuss the Ivy League. Older…
FOX Business: Capitalism Lives Here Stocks continued to show sharp declines Wednesday as disappointing economic reports reignited growth worries. Today’s Markets The Dow Jones Industrial Average (DJI) fell 369 points in early trading, the largest intraday drop this year. As of 12:19 p.m. ET, the Dow was down 324 points, or 2%, at 15,990. The…
