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Wayne Ellis

bank vault
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Bank of America’s year-over-year performance is a little misleading, as the prior year’s Q4 revenue was pretty weak and easy to beat.

[house in a shopping cart]
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REITs are trading at a 20 percent discount to their historical averages and have generous yields.

[housing decline graph]
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National home foreclosures finished 2013 at 1.04 percent — the lowest rate since 2007 — and close to the historic norm of 1 percent.

Apple iPhone 5s
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This Friday, iPhones will go on sale through China Mobile, the world’s largest mobile company with more than 760 million subscribers.

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Last year’s final retail sales figures proved to be better than expected, but nowhere near enough to gain ground on the growth in non-retailer (Internet-based) sales.

mobile banking
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Intel shares gained 4 percent yesterday ahead of Thursday’s Q413 earnings report, ending the session at $26.52.

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