3.8%
In the fourth quarter, Twitter said it added just 3.8% more new monthly active users, down from 6.4% growth a month earlier. Shares plunged in after-hours trading.
(Source: Wall Street Journal)
500
RadioShack is planning to close around 500 locations in the coming months, according to people familiar with the matter.
(Source: Wall Street Journal)
1.9 million
Online insurance company Esurance was the most-tweeted brand of Super Bowl night, with a total of 1.9 million posts on Twitter, according to Nielsen Co., despite the fact that it didn’t buy an ad during the game broadcast.
(Source: Wall Street Journal)
$25.59 Billion
That is Amazon’s sales figure for the fourth quarter, a 20% increase from a year earlier. However, it wasn’t enough to match Wall Street projections.
(Source: Wall Street Journal)
1,200
That is how many pounds our ice sculpture of NFL Commissioner Roger Goodell weighs. Preparing for the first outdoor cold-weather Super Bowl this weekend, our sports department is employing a creative method to help fans gauge how much they will need to bundle up. The more layers Mr. Goodell’s icy replica sheds, the more layers eventgoers can shed. You can follow the sculpture on Twitter @frozenroger.
(Source: Wall Street Journal)
Equity valuations are still reasonable, especially when considering the inflation environment. Historically, inflation between 0%-2% (CPI is currently running at 1.2% year over year) has been a sweet spot for valuations. Even inflation readings up to 4% have been supportive for valuations. Concerns for multiples would arise if we see either deflation or inflation greater than 4%.
(Sources: Strategas Research Partners, LLC & Brinker Capital, Inc.)
1,487
U.S. banks cut a net 1,487 branch locations last year, according to SNL Financial, the most since the research firm began collecting the data in 2002.
(Source: Wall Street Journal)
234
Stockholders filed 234 federal securities class-action suits against U.S. companies last year, the most since 2008, according to a report by NERA Economic Consulting.
(Source: Wall Street Journal)
2.33 million
In the U.S., Netflix added 2.33 million streaming subscribers in the fourth quarter, sending its shares soaring.
(Source: Wall Street Journal)
500,000
More than 500,000 civilians in rebel-held areas around Damascus have been besieged for months by Syrian government forces, with little access to food and medicine, according to the United Nations, residents and opposition activists.
(Source: Wall Street Journal)