Posterous theme by Cory Watilo

Verizon: iPhone already best phone ever for first-day sales

The iPhone 4 has already managed the best first-day sales of any device on Verizon's network, the carrier said Friday. It took just two hours for the iPhone to become the most popular phone in an initial launch on Verizon, which sold out of pre-orders for existing users at 8:10PM Eastern on Thursday. The rush was more impressive still when consideri ..read more.. 

Yum! Brands Loses Flavor (CMG, MCD, SONC, WEN, YUM)

Yum! Brands (NYSE: YUM) doesn't look so tasty right now. Though the company's first-quarter results seem decent enough, they can't disguise the foul flavor of its recent bad press. Fourth-quarter net income increased 27%, to $274 million, or $0.56 per share. Total sales increased 7% prior to currency translation. China's sales strength really shone, ..read more.. 

Another Sign the Market Is Headed Up (ABT, APKT, EXC, GILD, NFLX, TEVA)

"This is a bearish bet on volatility, which could be viewed as a positive bet on the marketplace." That quote refers to the fact that the VIX -- also known as the "fear gauge" -- has fallen to levels last seen before the financial crisis caused Mr. Market to wet his pants. Now that may sound like a bit of investment gobbledygook, but it's actually s ..read more..