By: Rob Black - Thu, 26 Apr 2012 16:58:07 -0800
Winner: S&P 500 Caps Big 3-Day Advance Stocks gained after better-than-estimated housing data overshadowed disappointing earnings at United Parcel Service. UPS, the biggest package-delivery company that is considered a proxy for the economy, retreated 1.8 percent. Data showed that signed contracts to buy U.S. homes increased more than forecast in March. A measure of homebuilders in S&P indexes rose 4.8 percent as PulteGroup rallied 10 percent amid a narrower loss.Chevron advanced 2.3 percent as the energy company lifted its dividend. Amazon.com, the largest Internet retailer, surged 12 percent as revenue beat estimates. Things are better. We did get several months of better-than-expected economic data. The earnings season has been pretty good.
Winner: Burger King Makes Cage-free Promise
Proposition 2 November 4, 2008 passed with 63% of the votes in favor and 37% against. Prevention of Farm Animal Cruelty Act,.
The movement by U.S. food corporations toward more humane treatment of animals experienced a whopper of a shift when Burger King announced that all of its eggs and pork will come from cage-free chickens and pigs by 2017.So many tens of thousands of animals will now be in better living conditions. The decision by Burger King, which uses hundreds of millions of eggs and tens of millions of pounds of pork annually, could represent a game-change in the egg and pork supply business as a huge new market has opened up for humanely raised food animals. Wal-Mart and Costco have transitioned their private-label eggs to 100 percent cage-free.
Winner: Intel To Power Nissan Vehicle ‘Infotainment’
Intel processors will soon be powering the “infotainment” systems in new Nissan Motor vehicles, , continuing its efforts to broaden beyond its core PC market.Intel’s Atom processor will appear in certain Nissan vehicles starting in 2013.
The chips, which are optimized for the auto market, will power the infotainment system, providing drivers and passengers with features such as traffic information and navigation, as well as movies.
The car will be among the top three Internet-connected devices by 2014.
Loser: E! Pays $40 Million For Kardashians
The Kardashian family will be living out the Hollywood dream on E! for three more years in a whopper deal rumored to be worth more than $40 million.
The show is the most popular franchise on the network and is produced by Ryan Seacrest Productions.
“Kim and Kourtney Take New York” and “Khloe and Lamar,” which is currently airing and—according to reports—are not included in the deal.
Season six of “Keeping Up with The Kardashians” averaged three million viewers per episode.
Branding experts have been calling for an end to the Kardashian corporation for months now—Kim recently landed a list of the most “over-exposed” celebs
This points out that we need people who can produce Televisions
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