Latest Blogposts

  • Yik Yak knows Millennials. The location-based anonymous chat service is available on over 1,000 college campuses nationwide with over 3.6 million daily active users. Users reach out to their community with questions about parties or schoolwork or complaints and jokes. Their posts are then voted up or down.

    Related: Why Millennials Will Never Be Happy

    So when Yik Yak asked its users what they thought defined them as Millennials, Yahoo Finance listened. Some of the answers addressed depressing economic situations. Users wrote things like being a Millennial meant “wanting to own a house but knowing you’ll never be able to afford it." Others talked about dependence on technology, “Have no social life, but being on social media.” Some were downright funny, “kids in elementary school with a phone better than a college student.”

    Get the Latest Market Data and News with the Yahoo Finance App

    Millennials are defined as the generation born between 1978 and 1998, many graduated from college

    Read More »from Millennials explain what defines their generation: It gets pretty depressing
  • Thrillist Media launched in 2005 as a subscription newsletter service, sending New Yorkers tips on hip new restaurants and where to buy fashionable sneakers. Ten years on, it’s grown into a “leading men’s digital lifestyle brand” with a series of sites dedicated to advising millennial guys on everything from where to take their dates in Denver or Honolulu to where to find the best pizza in Berlin.

    That shift -- from simple weekly emails to a network of blogs with a retail component -- was a strategic, if subtle, pivot, and a move that’s been critical to the company’s success. It’s also no doubt part of the reason Thrillist Media Group is getting attention -- and money -- from outside investors. Last week German publisher Axel Springer announced that it took a minority stake in Thrillist, part of a larger $54 million round of funding. At the same time, the company said it will split into two distinct entities. JackThreads, Thrillist’s clothing and accessory e-commerce site, will live

    Read More »from Thrillist, Instagram: For startups, changing course can be key to success
  • S&P 500 earnings to decline for the third quarter: Estimize

    Earnings season for the third quarter of 2015 unofficially kicks off on Thursday when Alcoa (AA) reports. Similar to the last two quarters, we head into the season with negative top and bottom-line growth expectations for the S&P 500.

    Currently the Estimize community is expecting S&P 500 earnings per share (EPS) to decrease 2.2% for the quarter, and revenues to decline 1.7%.

    Many of the same concerns from the first half of the year still persist. Weakness in the energy sector remains, with profits anticipated to decline 66% and revenues down 30% year-over-year (YoY). It was initially thought that Q3 2015 would be the first quarter of even year-over-year comparisons.

    Oil prices initially dropped during the third quarter of 2014 in response to the stronger dollar, therefore making Q3 2015 the first quarter with level comparisons. However, oil prices dropped even further in the third quarter, prolonging the difficult YoY comparisons. Brent Crude Oil is down 22% since the end of Q2, and

    Read More »from S&P 500 earnings to decline for the third quarter: Estimize
  • Website offers to cancel Comcast for $5

    Cable companies haven't exactly made it easy for their customers to cancel service -- last year, a recording of one couple's arduous efforts to end their Comcast (CMCSA) service went viral and prompted an apology from the CEO.

    So a couple of enterprising young software developers have decided to make the cancellation process a little easier. They've created a web site called Airpaper that helps people cancel Comcast cable service without a lengthy phone call that typically involves navigating an endless phone tree maze in hopes of reaching an actual human customer-service representative. The $5 charge just about covers the cost of providing the service, say creators Eli Pollak, 26, and Earl St Sauver, 24.

    "We really want to make this kind of tedious process go away," says St Sauver.

    The site works by using a less obvious option for canceling Comcast service. Instead of calling to cancel, the cable carrier also allows customers to write a letter requesting an end to service. The Airpaper

    Read More »from Website offers to cancel Comcast for $5
  • Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.


    Apple (AAPL) was one of the only blue chips not participating in the rally. Shares were in the red in early trading after Citi lowered its iPhone unit sales estimates. The firm now expects fourth quarter sales to be 1 million units less than the previous forecast, at 47 million iPhone units from a prior estimate of 48 million units. Investors expecting other sell-side analysts to follow this call in the coming weeks. Citi is keeping a 'buy' rating for the stock with a price target of $145 dollars a share.


    Another bearish call on Wall Street pushed FireEye (FEYE) to lose ground. The cyber security provider was downgraded at Piper Jaffray to a "neutral" rating from an "overweight." The price target was slashed to $37 dollars a share from $60. The firm thinks FireEye will continue to face increased competition.

    Get the Latest Market Data and News with the

    Read More »from Apple not joining rally; GE jumps on Trian's $2.5b stake; FireEye downgraded
  • Since its founding nearly 120 years ago, General Electric Co. (GE) has presented itself as the essential growth company, whose main product was “progress” as it brings “good things to life.” 

    Now elephant-hunting activist investor Nelson Peltz is suggesting, gently but firmly, that GE come to terms with its maturity and behave a bit more like an entrenched cash cow. 

    This was not Peltz’s explicit message in spending $2.5 billion for about a 1% stake in GE in what might be called a “friendly activist” approach. In a “white paper” laying out recommendations for the company and detailing its investment thesis, Peltz’s Trian Fund Management calls GE a “defensive growth” company. Trian also classifies the company's long-term organic growth prospects in its industrial and healthcare franchises as “strong.” 

    But in pressing GE CEO Jeff Immelt to further cut costs, discard the remnants of its finance division, add debt to buy back even more stock and follow strict rules in pursuing new

    Read More »from Activist wants GE to quit acting like a growth company
  • U.S. stocks are beginning the week in the green, with all three major indices (^IXIC^DJI^GSPC) up about 1% midday, following Friday's disappointing report that 142,000 jobs were created in September.

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finance is watching today:

    Volkswagen Chairman: Scandal is "an existence-threatening crisis"

    Volkswagen's (VLKAY) chairman, Hans Dieter Pötsch, called the emissions scandal "an existence-threatening crisis for the company." One report suggests that Volkswagen began using emissions-cheating software in 2008 and the investigation is zeroing in on just two engineers.

    Pension problems

    A new report from The Wall Street Journal that says America's wealthiest state per capita, Connecticut, has a money problem. The state's pension coffers have only about half of what they needs to pay state workers' retirement benefits.

    ATM fees on the rise

    You may want to think twice before using an

    Read More »from Apple's Hollywood controversy and Volkswagen's 'existence-threatening' crisis
  • Here are some of the stocks the Yahoo Finance team will be watching for you today.

    American Apparel (APP) It's official--  the struggling retailer is filing for bankruptcy.  American Apparel says the move will help reduce its crushing debt burden...and allow it to keep its stores open. The company has been fighting to stay afloat amid struggling sales and a protracted legal battle with founder and former CEO Dov Charney.

    Twitter (TWTR) Also official today--  co-founder and interim CEO Jack Dorsey is no longer interim...he's been given the job permanently.  Dorsey took over earlier this year after former CEO Dick Costello stepped down.

    Fossil Group (FOSL) The maker of jewelry and accessories is being downgraded by Piper Jaffray, which is lowering its price target to $46 from $53.  Piper saying it has concerns about the market for traditional watches as demand for smart watches increases.

    Get the Latest Market Data and News with the Yahoo Finance App

    Potash Corporation of Saskatchewan (

    Read More »from American Apparel bankruptcy; Twitter CEO; Volkswagen threat; 'Martian' box office green
  • Wall Street looking to keep alive its winning streak in the new week as earnings season is set to kick off. The S&P 500 (^GSPC) is on a 4-day run higher--  the most since July-- following last week's disappointing September jobs report.  Investors took the news as a sign the Federal Reserve won't be raising interest rates this year after all.

    Yahoo Finance Senior Columnist Michael Santoli believes Wall Street wants to turn its attention away from the Fed now, but that might be a hard sell.

    "The market is going to try to focus on corporate profits, company news, that's what most investor prefer to do" he says. "But I do think the macro is ever present."

    Get the Latest Market Data and News with the Yahoo Finance App

    American Apparel bankruptcy

    American Apparel (APP) It's official--  the struggling retailer is filing for bankruptcy.  American Apparel says the move will help reduce its crushing debt burden...and allow it to keep its stores open. The company has been fighting to stay afloat

    Read More »from Stocks look to stay hot; Bernanke speaks out; 'The Martian' boosts Fox
  • NFL says no thanks to British toilet paper: Weird Business News

    It’s football season across the pond!

    The New York Jets and Miami Dolphins are bringing U.S. football to the United Kingdom and preparations are intense - this isn’t a trip to sunny Miami after all.

    Ahead of the trip, the Jets shipped 5,000 items to London in August. These items include extension cords, American breakfast cereal, barbeque sauce and here’s the kicker… 350 rolls of toilet paper. Last time we checked the UK had TP but who knows, maybe things have changed.

    The Jets are also preparing by hiring sleep specialists to fight off jet lag. They even flew the chef from their London hotel to the U.S. in order to learn how to cook like an American.

    “Some may say that’s a little over the top or whatnot, but it didn’t really cost that much, so why not?” Aaron Degerness, Jets senior manager of team operations told the New York Times.

    Teams that want to be considered to host the NFL Super Bowl must participate in a London game. George Osborne, Chancellor of the Exchequer in the UK met

    Read More »from NFL says no thanks to British toilet paper: Weird Business News
  • It turns out offering CEOs huge bonuses to boost shareholder returns doesn’t actually work, according to a new study from Cornell University.

    The analysis, done in conjunction with consultants Pearl Meyer & Partners, examined a decade’s worth of data from every company in the S&P 500 (^GSPC). It compared companies that offer their top brass a total shareholder return (TSR) plan to those that don’t and found the increasingly popular pay plans haven't significantly boosted any of a number of key metrics. 

    Total shareholder return is how well an investment in a company has done over a given period. It's a combination of the stock's price change and dividends paid. With TSR plans, managers are rewarded with shares, options, or even cash to give them a stake in how well the stock does.

    For a growing number of corporate heads, big bonuses based on stock performance is a large part of their pay.

    In 2004, just 17% of S&P 500 companies gave CEOs and top executives some form of a TSR plan. A

    Read More »from Paying CEOs fat bonuses for stock performance doesn't work — Cornell study
  • The economy is stronger than weak job numbers suggest

    The prevailing narrative on the U.S. economy has downshifted, as three consecutive months of disappointing job growth raise concerns about a serious slowdown.

    There’s some good news to offset the bad, however: household incomes have finally shown a sharp gain, which means the typical family’s purchasing power is bouncing back. And the pace of car sales is accelerating toward record levels, with consumers more than willing to commit to costly long-term purchases. Meanwhile, several other indicators that don’t get as much attention as the monthly jobs report show sustained improvement in key parts of the economy.

    The monthly employment report tends to dominate the markets, however, and stocks largely tanked on the news that employers created only 142,000 jobs in September, about 60,000 fewer than expected. In the past, markets have often interpreted bad news about jobs as good news for stocks, because it would prompt the Federal Reserve to push interest rates lower or keep already-low

    Read More »from The economy is stronger than weak job numbers suggest
  • Breakfast sandwich business is booming in Canada

    Canadians already eat 480 million breakfast sandwiches per year and our appetite for them only growing: experts

    Would you like a breakfast sandwich with that?

    A growing number of Canadians are saying yes to buying breakfast sandwiches on the go these days.

    Sales of protein sandwiched between carbs has risen more than 12 per cent in the past year alone, said Robert Carter, executive director of foodservice with The NPD Group, in a phone interview with Yahoo Canada.

    “It’s one of the fastest growing segments in the past five years,” said the head of the research firm.

    Canadians eat a whopping 480 million breakfast sandwiches per year, with many grabbing one on the way to their cubicles in the morning, said Carter.

    Fuel for workers

    Workers have long liked to buy a coffee and a breakfast sandwich on their way to work, said Heather Arndt Anderson, who literally wrote the book on the history of breakfast.

    In the nineteenth century workers in London would lineup to buy an egg sandwich and a cup of Joe from a food cart, explained the author of Breakfast: A History.

    “With the Industrial Revolution

    Read More »from Breakfast sandwich business is booming in Canada
  • Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.

    Bank of America 

    Bank of America (BAC) dropped as it prepares to defend itself in court. The bank's Merrill Lynch unit must face a class action shareholder suit for its role in the sale of jewelry retailer Zale to Signet Jewelers (SIG). Shares of Signet also drifted lower in the session. The suit accuses the investment bank of short-changing shareholders in the $690 million deal.

    Gilead Sciences 

    Gilead Sciences (GILD) slipped after a bearish call on Wall Street. The stock was downgraded at Morgan Stanley to "equal weight" from "overweight." The price target was set at $127 a share. That still gives an upside potential of about 35% from the last closing price. Analysts at Morgan Stanley think the world's largest biotech company lacks near-term catalysts.

    Get the Latest Market Data and News with the Yahoo Finance App

    Micron Technology 

    Earnings results pushed Micron

    Read More »from BofA/Merrill Lynch must defend itself; Gilead downgraded; Micron beats earnings
  • Sprint sheds jobs, Amazon blocks Apple and Google gadgets

    U.S. stocks (^DJI, ^IXIC, ^GSPC) did not like today's jobs report. The U.S. added 142,000 jobs in September well below the 200,000 that was expected. What then is the new time line for the Federal Reserve to raise interest rates and is there any good news to come out of economic data of late? Check out the video above for more.

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finances is keeping an eye on today.

    Sprint to shed jobs
    Speaking of jobs, it looks like there may soon be fewer of them at Sprint (S). After rolling out a one dollar a month iPhone rental plan for consumers, Sprint is looking to lower costs in part by slashing their workforce. The mobile carrier is looking to cut costs by up to $2.5 billion in the next six months.

    T-Mobile customers fall victim to Experian hacking
    T-Mobile (TMUS) is dealing with a big data breach they really had nothing to do with. Some 15 million people who applied for service in the past two

    Read More »from Sprint sheds jobs, Amazon blocks Apple and Google gadgets


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