Magazine article Newsweek

Money Notes

Magazine article Newsweek

Money Notes

Article excerpt

Web Watch Fare Deal Finally, there's a place to dump those random frequent-flier miles that never amount to a whole trip. When Milepoint.com takes off later this month, online shoppers will be able to trade airline miles for discounts on electronics, gifts, luggage and books from 200 brand-name retailers such as Amazon.com and Skymall (which in turn brings L.L. Bean, Sharper Image and dozens of others to the table). They'll also be able to track their mileage from several different programs at the site. "We are turning frequent-flier miles into online money," says Robert Crandall, former American Airlines chairman and head of the Milepoint board. Maybe so, but at two cents a mile, travelers might wear out their suitcases before they can earn enough points for a new one.

Investing Whispering Sweet Numbers in My Ear Want the same advance peek at a company's expected earnings that big-time investors get? Analysts often go public with one figure but float another privately. Those "whisper" projections come closer to predicting actual corporate profits, says Purdue University. The Street has taken note. Stocks rise or fall based on how close they are to the whisper number. Now anyone can check out the magic figures by clicking on to sites such as earningswhispers.com, whispernumber.com and streetIQ.com.

Stock Tips Analyzing The Analysts Just how good are those television analysts who spend all day touting stocks? Well, CNBC is eating Bloomberg's lunch, handing viewers tips that, if followed, would earn investors 1. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.