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.
REITs are trading at a 20 percent discount to their historical averages and have generous yields.
National home foreclosures finished 2013 at 1.04 percent — the lowest rate since 2007 — and close to the historic norm of 1 percent.
This Friday, iPhones will go on sale through China Mobile, the world’s largest mobile company with more than 760 million subscribers.
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.
Intel shares gained 4 percent yesterday ahead of Thursday’s Q413 earnings report, ending the session at $26.52.