Financial Recourse

Google’s Disappointing Earnings a Future Trend?

After reporting a surprising decline in earnings last week, Google’s stock price slid a whopping 10% as investors began to worry – is the innovative tech giant becoming too big for its own good? Pessimists may see a huge company in its maturity stage and competitors like Microsoft’s Bing entering the fray, but optimists see opportunity in new revenue sources. Mobile advertising revenue is expected to increase considerably this year, with Google being a large benefactor. Will patient investors be rewarded with another wave of innovative revenue? 

BULL or BEAR

Starbucks Happy Hour Expansion a Jolly Venture for Investors?

Coffee juggernaut Starbucks has announced plans to expand their alcoholic drink offering from a few Seattle based stores to Atlanta and Southern California. Starbuck

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Des Moines, IA depositors searching for a great 2-year CD rate can rest easy with a CD from Cornerstone Credit Union. The institution is providing a high-yield 2-year CD rate of 1.40% APY so nest eggs can grow strong. A standard deposit account cannot produce high returns compared to this interest rate, so why waste time and money? Protect your investment with a Cornerstone Credit Union CD today.

2-Year CD Rate Terms and Conditions

Earning returns at this 2-year CD rate is simple. Members are only required to submit a minimum opening deposit of $1,000. Thereafter, dividends will begin generating and will be paid to depositors at the close of each month. All CDs are automatically rolled over into a new term upon maturity, making your investment a convenient, fully-automated process.

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At a press conference following the GOP debate last night, GOP presumed favored candidate Mitt Romney acknowledged for the first time that his effective tax rate is around 15%.  That’s a lot lower rate than middle class taxpayers typically pay. 

Romney isn’t releasing his full return–at least not yet.  He says maybe he’ll release just the 2011 return in April.  But not any back returns. (Tha

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BATS Global Markets, the third-largest U.S. stock exchange, said today iShares will become the first exchange-traded fund sponsor to use BATS as a primary listing venue, beginning on Jan. 24 with the launch of a single-country ETF focused on Norway.

The iShares MSCI Norway Capped Investable Market Index Fund (BATS: ENOR) will be the first of eight single-country ETFs iShares will list with Kansas City, Mo.-based BATS, which announced last year it was entering the primary listing business. The other seven iShares ETFs will begin trading soon after Jan. 24, BATS said in a press release.

Breaking into a primary-listings market dominated by the New York Stock Exchange and the Nasdaq is a tall order. But getting its first listings from ETF giant iShares appears to be a good start.

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LONDON A new financial transaction tax in Europe could hike the cost of carrying transactions on the foreign exchange market by up to 18 times, and the monetary impact on the economy would surpass the tax revenues collected.

On January 17th the Global Financial Markets Association (GFMA) released a new study examining and quantifying the potential impacts of a financial transaction tax on the foreign exchange market in Europe. The study found that due to the tight margins seen by traders and operators in the FX market, a new tax would have disproportionately heavy effects on liquidity and profits, and ultimately have a negative overall effect on the European economy.

The report examined the potential impact of a 0.01 percent financial transaction tax, as was previously proposed by the EU Commission.

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