WMFD TV

Search Archive WMFD.com News

www.wmfd.com - From Janet Yellen to Blackberry, who will be on top and bottom in 2014? }}" />

   
 
 
Who Will Be The Winners And Losers In 2014

Story By: Larry Stine

 

 

 
 
 
  Email Story to Friend
   
  Original Published: 1/2/2014

From Janet Yellen to Blackberry, who will be on top and bottom in 2014? CNN's Jim Boulden takes a stab at predicting the list of winners and losers. My starting point is: The big moves announced in 2013. We begin with Janet Yellen. She will become the first female head of the Federal Reserve, when Ben Bernanke steps down. And you could argue bernanke has done the hard part for his successor by announcing the first taper will take place in January. That's when the Fed will slow down its pace of bond buying as the U.S. economy is now steaming ahead. Let's look at some potential corporate winners in 2014. I'd put at the top of my list: Stephen Elop. He's going back to Microsoft with Nokia's handset business under his arm. The software maker's $78-billion purchase of Nokia's hardware business and patents is a bold and risky move for Microsoft. But as CEO Steve Ballmer steps aside in 2014, it's possible the other Stephen, Elop, could be Ballmer's replacement. Whoever gets the job will probably be given a lot of money and some number of years to try and make sure Microspft/Nokia remains relevant in this Google and Apple world. Add to that one Jeff Bezos, his purchase of the Washington Post in 2013 either heralds in an era of tech giants becoming voices of the 21st Century using old media, or a folly. My vote goes to Angela Ahrendts. She is the outgoing CEO of luxury retailer Burberry. She was the best paid CEO of any of the FTSE companies in Britain, but still wanted a new challenge. After she transformed Burberry stores around the world, she has been lured away by Apple, and will be the first female in the tech giant's executive suite. Her task: To transform its retail experiencem, on and off line. Who else is winning in 2014? I'd put my money on the treasury of Mexico, as it starts to sell stakes in its massive oil and gas industry, off limits to foreigh countries since 1938, but now open to bidders. While hopefully the Irish economy continues to recover, post bailout restructions, growth is strong, unemployment is falling. Who might lose out in 2014? Spare a thought for Blackberry, it's had two CEO's in 2013, the newest one, John Chen is still interim. He has to decide what to do with the crumbling handset maker in 2014. It could just be that Blackberry goes the way of Nokia in 2014, and splits the hardware from the software that handles email and instand messaging, has to be worth something, to someone. Of course there will be surprises on the upside and meltdowns. Twitter at the NYSE, launch day, maybe a glowing IPO or two, to match Twitter and its newly minted billionaires. But as the year kicks off, Yellen still to end spinning? Focus, I think, will remain on Janet Yellen as she takes the helm at the Fed, at the end of January.

   
  MORE RECENT NEWS
 
Image1 As the start of the school year approaches, Clear Fork Board of Education members are meeting to make sure loose ends are tied up. Full Story
Image1 A fugitive sex offender from Mansfield is under arrest in Cleveland. Full Story
 
Image1 The Mansfield School Board is financially ready for the new school year, after passing its permanent appropriations during a brief meeting Wednesday morning. Full Story
Image1 Richland Academy of the Arts' dance camps have seen good turnouts all summer long, and this week, a Jazz Dance Camp is in full swing with the theme of Teen Beach Movie. Full Story
  MORE NEWS
 

Jazz Dance Camp Underway At Richland Academy Of The Arts

Christmas In July Held at Daysrping In Mansfield

Measles Unified Command Disbands

Man Shot In Leg In Bucyrus

Graham Ford Of Mansfield Wins Ford President's Award

Clear Fork student awarded Rumpke Scholarship

AU appoints interim provost for 2014-15 academic year

More News