Posts

Showing posts with the label MarketWatch First Take.

Alphabet’s investment-fueled earnings beat overshadowed by concerns about Google’s spending.

Therese Poletti 5-6 minutes Alphabet Inc. reported stronger-than-expected profits Monday , thanks to a mysterious investment gain, but shares fell in after-hours trading amid displeasure with a hefty jump in spending. Google’s parent company was partly boosted by a mysterious investment gain of $1.3 billion, that it only described as an “unrealized gain recognized in OI&E [other income and expenses] related to a non-marketable debt security.” Alphabet’s diluted earnings would have been approximately $10.91 a share, just above the FactSet consensus estimate of $10.86 a

MarketWatch First Take May 13, 2014: It's back to the future for Fannie and Freddie.

Image
MarketWatch First Take MAY 13, 2014 It's back to the future for Fannie and Freddie 5/13/2014 1:00 PM ET It would be an overstatement to say that nothing has changed at Fannie Mae and Freddie Mac since the financial crisis. Just not that much, writes Steve Goldstein.