Banks have become Hedge Funds: Faber

by Survivor University Published November 06, 2009 | 23 read

Noting that central bank experts have become “imprisoned” by inflated asset markets, financial adviser Marc Faber said: “When necessary, we should look at whether tight monetary policies are... read more »

CBS 3Q Results Helped by TV Shows

by Survivor University Published November 06, 2009 | 21 read

LOS ANGELES – The sale of popular TV shows partly offset a drop in third-quarter advertising revenue at CBS Corp. (CBS) but the company said ad trends are improving in the final three months of... read more »

Fannie Mae Posts Huge 3Q loss, Seeks Help

by Survivor University Published November 06, 2009 | 34 read

WASHINGTON – Fannie Mae (FNM) is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the housing market bust keeps... read more »

Crocs Turns to a Profit in 3Q Results

by Survivor University Published November 06, 2009 | 26 read

NIWOT, Colo. – Crocs Inc. (CROX), seller of ventilated rubber shoes, said Thursday it moved to a profit in the third quarter as it recorded a big one-time gain from taxes and sales inched... read more »

"Guitar Hero" Boosts Q3 Results for Activision

by Survivor University Published November 06, 2009 | 32 read

SAN FRANCISCO - Video game publisher Activision Blizzard Inc (ATVI) reported a quarterly profit that matched analysts' estimates and revenue that was higher than expected, led by sales of the... read more »

AIG Posts Second Straight Profit in Q3 Results

by Survivor University Published November 06, 2009 | 27 read

NEW YORK - AIG (AIG), the giant insurer bailed out by the U.S. government, posted its second straight quarterly profit on Friday, helped by recovery in the value of its investments. American... read more »

Cigna Q3 Profit Rises, Beats Forecasts

by Survivor University Published November 05, 2009 | 62 read

BOSTON, Nov 5 - Health insurer Cigna Corp (CI) posted third-quarter earnings on Thursday that topped expectations, as cost cuts offset the impact of declining membership. Net earnings rose to... read more »

CVS Caremark Posts higher Q3 Profit

by Survivor University Published November 05, 2009 | 38 read

CHICAGO - CVS Caremark Corp (CVS) posted a bigger-than-expected jump in quarterly profit on Thursday as consumers filled more prescriptions and said this year's profit should come in towards the... read more »

MetroPCS Q3 results Beats Estimates

by Survivor University Published November 05, 2009 | 56 read

BANGALORE - Low-cost wireless carrier MetroPCS Communications Inc's (PCS) quarterly profit that topped market estimates as average revenue per user rose, sending its shares up 6 percent. The... read more »

Whole Foods Profit Rise, but Q4 Results Miss

by Survivor University Published November 04, 2009 | 43 read

LOS ANGELES - Upscale grocer Whole Foods Market Inc (WFMI) posted higher profit as sales "stabilized and officially turned the corner" but shares fell 8.7 percent after its fiscal 2010 profit... read more »