Marketplace for Wednesday, January 15, 2014
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Bank earnings look good, and big banks’ shares are doing well in the markets today. But for some years now, a significant contributor to earnings is simply the release of loss reserves set aside during the Bad Days. When accounting affects earnings so greatly, what’s the value of these earnings reports? Next, the conservative Koch brothers have been spending money for fall campaigns already. They're targeting vulnerable Congressional Democrats who supported the ACA. But most campaigns say a dollar spent this early is a dollar spent unwisely. And finally,Viacom’s new My Nickelodeon Jr. takes personalized TV to the younger set – well, to their parents. Parents can program the TV their kids will watch – sounds a bit like Netflix.
Posted In: Blackstone Group, Housing, Invitation Homes
Over the past year and a half, Invitation Homes has spent $7.5 billion buying - and managing - those homes.
Posted In: nickelodeon, cable, television, viacom
Viacom’s new My Nick Jr. lets parents program a channel – an attempt to hold more viewers on television.
Posted In: campaign spending, Koch brothers, elections, 2014 elections
The conservative Koch brothers are targeting vulnerable Congressional Democrats who supported the ACA.
Posted In: Bank of America, Banks
When accounting affects earnings so greatly, what’s the value of these earnings reports?
Posted In: money-laundering, drug cartel, Mexican cartel
Mexican drug cartels increasingly use small businesses in the U.S. to launder their criminal revenues.