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Visit site: Italy’s Prime Minister Letta Resigns Under Pressure; Party backs Renzi; Rise of the Oligarchy; Trial by Fire Coming…
Amazon: AMZN : The PE of Amazon is 592, Valuation is $160 Billion Linked In: LNKD : PE of Linked In is 837, Valuation is $23 Billion Facebook : FB: Facebook PE is 106, Valuation is $165 Billion Priceline : PCLN : PE of Priceline is 36, Valuation is $64 Billion Hertz : HTZ: PE of Hertz is 37, Valuation is $12 Billion Starbucks : SBUX : PE of Starbucks is 483, Valuation is $57 Billion Boston Beer (Samuel Adams) : SAM : PE of Boston Beer is 43, Valuation is $3 Billion I could go on and on but I won’t. At current earnings, investors in Amazon will have to wait 592 years for a positive return on earnings. More realistically, they would have to wait forever because Amazon does not pay a dividend.
Financial Times writer Wolfgang Münchau says Germany’s Constitutional Court has Strengthened the Eurosceptics . When the first headlines came out on Friday morning, it looked as if the German constitutional court had caved in. It decided to pass the case against Mario Draghi’s “whatever-it-takes†bond-buying programme to the European Court of Justice.
Read the original: Jobs Bowl: Illinois vs. Texas and Indiana
Via translation from a Les Echos interview, Montebourg complains "We Must Bring Down the Value of the Euro" . LE : What is your view on the level of the euro? AM : As Minister of Industry, I believe that the euro has become problematic in the eyes of all our businesses
Read the original post: Thaksin’s War on the 99% Continues – This Time Against the Handicapped
Facebook Fraud – How Much of Facebook’s Ad Revenue is Legitimate? Ad revenue in the online world is based on clicks and impressions
Goldman Sachs CEO says China Growth to Have ‘Huge Consequences’ Globally Goldman Sachs Group Inc.
See more here: What Does a Surveillance State Look Like? New Photos from "The Intercept"