First Republic Market Commentary

Global Equity Market Outlook First Republic’s Alan Zafran’s interview with Bloomberg’s Carol Massar and Vonnie Quinn regarding the outlook for the global equity markets.  Listen to the recording>> CEOs Bullish on the U.S. Economy and Hiring First...

Twitter’s Emergence Underlines the Dangers of IPOs

Twitter’s (TWTR) eagerly anticipated IPO was a resounding success for the investment banks and IPO participants. For retail investors, it was a non-story. The IPO price of $26 was much higher than earlier estimates, but was a real bargain compared to the $45.50 price...

Three Examples of Needle-Moving News

Long-term investors need to ignore the noise in the marketplace and focus on the signal. This means ignoring short-term price swings and focusing on long-term trends in the company’s value and the market’s perception of that value. Price changes are most important...

The Game of Guidance: Starbucks’ Brief Fall and Fast Recovery

Starbucks (SBUX) raised its dividend by 24% with better-than-expected earnings and in-line revenues. Total revenues rose 13% to $3.8 billion and EPS rose 37% to 63 cents, higher than consensus expectations. It’s all great news for a company that has had several market...