Don’t dine on these restaurant stocks: Pros

“Restaurants have been a very strong sector year-to-date, with the top half of stocks under our coverage outperforming the SP on total return by 11 percent to 40 percent,” JPMorgan analysts wrote in a note. They point out that much of the price performance has been driven by multiple expansion and not an increase in […]

Pending home sales strike three-year high

WASHINGTON | Thu May 30, 2013 10:05am EDT WASHINGTON (Reuters) – Contracts to buy formerly owned U.S. homes rose to their top turn in 3 years in April, though a necessity of properties for sale could delayed down a momentum. The National Association of Realtors pronounced on Thursday a Pending Home Sales Index, formed on […]

Home prices adult in Feb by many in 7 years

A home for sale in Mt. Lebanon, Pa., in Mar 2013.(Photo: Gene J. Puskar, AP) WASHINGTON (AP) — U.S. home prices jumped in Feb by a largest volume in 7 years, justification that a housing liberation strengthened forward of a all-important spring-buying season. Home prices rose 10.2% in Feb compared with a year earlier, CoreLogic, […]

2013 Consumer Electronics Show: Internet of Things Gains Momentum

CES outlines for a IT attention an annual time of thoughtfulness and we suspicion it would be good to share Milja Gillespie’s take on CES 2013:  Is a Consumer Electronics Show Turning into a Corporate Electronics Show?    I for one determine with her grounds that a line between craving and consumer has scarcely been erased, […]