Investor Beat -- January 23, 2014
In this video from Thursday's Investor Beat, host Chris Hill and Motley Fool analysts David Hanson and Taylor Muckerman dig into the biggest stories for Foolish investors from the market today.
eBay reported its quarterly numbers today, with fourth-quarter revenue up 13%. This news, however, was overshadowed by well-known billionaire activist investor Carl Icahn, who owns a 0.82% stake in eBay, who publicly demanded that the company spin off its PayPal business in order to create value for shareholders. In the lead story in today's Investor Beat, the guys discuss Icahn's motivations here, why eBay turned him down, and whether or not spinning off PayPal would actually make sense today.
Then, the guys take a look at four stocks making moves on the market today. McDonald's was one of just a few Dow components not in the red today. Fourth-quarter revenue rose 2%, but global same-store sales fell by 0.1%. Netflix popped big today, after the company announced in its fourth-quarter results that it had added more than 2.3 million subscribers to its video streaming business. Herbalife fell hard after Massachusetts Senator Ed Markey urged both the SEC and the Federal Trade Commission to investigate the company's business practices. And Noble Corp. delivered pretty good Q4 results, but shares hit a new 52-week low today after the offshore drilling company said it expects lower rig utilization.
And finally, David tells investors why he'll have his eye on the biggest homeowner in the U.S., Blackstone, while Taylor is looking to Honeywell for some possible new innovations when the company announces earnings tomorrow.
Has online shopping already doomed traditional retailers?
To learn about two retailers with especially good prospects, take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.
The article Investor Beat -- January 23, 2014 originally appeared on Fool.com.Chris Hill owns shares of eBay. David Hanson has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends eBay, McDonald's, and Netflix. The Motley Fool owns shares of eBay, McDonald's, and Netflix and has the following options: long January 2015 $50 calls on Herbalife Ltd.. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.