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Entries in Value (6)

Tuesday
Apr162013

Cars.com Names Best Value in Hybrid Cars 

iStockphoto/Thinkstock(NEW YORK) -- With Earth Day less than one week away, Cars.com released a list of its editors' selections for best hybrid cars in terms of value.

Cars.com's executive editor, Joe Wiesenfelder, said, "Gas prices remain volatile, so as shoppers consider more fuel-efficient options, they should know how effectively hybrids deliver gas mileage for their dollar - if they do at all."

Cars.com analyzed each car's fuel economy and sticker price, with the goal being to find the car with the highest fuel efficiency and lowest base cost.

"Our list helps shoppers looking for a cost-effective, efficient car in just about every size and category that can meet the needs of any car shoppers."

You can see Cars.com's editors' selections here.

Copyright 2013 ABC News Radio

Friday
Apr272012

Cars Cost More to Operate But Keep Their Value

iStockphoto/Thinkstock(NEW YORK) -- Americans should appreciate the fact that their two-and-three-year-old cars are hardly depreciating in value.

Auto club AAA's annual report on the cost of owning and operating a vehicle finds that because the economy is still soft, people are reluctant to trade in older cars for newer models.

It should be no surprise that it costs more to own and operate cars, AAA says, up 1.9 percent from last year, with much of that due to rising gasoline prices.

For instance, if you drive an average of 15,000 miles annually, AAA figures you're paying 59.6 cents per mile or $8,946 based on depreciation, fuel, insurance, finance charges, maintenance and tires.

That's the downside of the study. The upside is that the demand for used cars is so high right now that if your vehicle was worth $15,000 in 2011, chances are it's nearly worth that much now.

Dealers normally have a good supply of two-to-three-year-old used cars on hand, but with owners less inclined to trade them in, these models are being sold at a premium.

Copyright 2012 ABC News Radio

Tuesday
Jul052011

Could Twitter Be Worth $7 Billion?

SAEED KHAN/AFP/Getty Images(NEW YORK) -- Twitter could be worth up to $7 billion, according to The Wall Street Journal.  The company is raising millions in a new financing move.

The new rounds of financing could yield hundreds of millions of dollars and value the company as high as $7 billion, but it remains unclear who is investing in Twitter.

Seven months ago Twitter, whose unique users have grown to 139 million from 90 million last year, raised $200 million from venture-capital firm Kleiner Perkins Caufield & Byers, which then valued it at $3.7 billion.

The Wall Street Journal reports that Twitter's effort to raise such a large sum of money will allow it more time to build up an ad-based revenue generator.

The fast-growing social media site is on-pace to generate $150 million in ad revenue this year, according to internet market researching firm, eMarketer.

Copyright 2011 ABC News Radio

Friday
May062011

What's Mom Worth? How Does $61,436 a Year Sound?

David Woolley/Thinkstock(WASHINGTON) -- What's mom worth? On the one hand, you could say that she's "priceless." On the other? "$61,436 a year."

That's according to Amy Danise, senior managing editor of Insure.com, a website that supplies insurance information. Danise and her colleagues divided up mom's function into 14 different jobs (cook, driver, nurse, etc.), then used Bureau of Labor Statistics on hourly wages to see how much you'd have to pay if mom were outsourced.

If you didn't have her, for example, you might have to spend $6,285 a year on transportation (taxi driver or chauffeur, priced at $13.43 an hour). For cleaning, you'd have to pay a maid or housekeeper $9.40 an hour, or $7,104 a year.

You'd pay $300 a year for haircuts. And therein lies one problem with this argument: Do you really want mom to cut your hair?

How many people, if they had a choice of using mom or a professional hairstylist or cosmetologist would use, well, mom? I mean, she's nice and all. She made your lunch for all those years. But do you really want her giving you a permanent?

Might not other things done by mom be done better by professionals? "Nursing wounds" is listed by Insure as one mom-function. If mom nurses you, you get, "Let me kiss it and make it better." If you hire a professional nurse, though, it might actually heal. Either way, the tab is $17.90 an hour, using BLS data. Would you rather mom decorate the house--or an interior decorator, at a cost of $24.99 an hour?

"There are lots of ways one could calculate mom's value," says Danise. In pricing some of mom's functions, such as camp counselor, "we had to select from among several hourly figures." She also had to make some estimates of the number of hours a week a mom might spend on a certain job. "All moms are different," says Danise, "and all will spend a different amount of time on a given job, depending on her family's needs."

In the 14 jobs attributed to mom, there seems to be a glaring omission: Things she does for dad. Can you put a price on that?

"That's the function we can't put a dollar value on: love and support," says Danise. 

Copyright 2011 ABC News Radio

Thursday
Feb102011

Report: Twitter Worth Close to $10 Billion

Photo Courtesy - Nicholas Kamm/AFP/ Getty Images(NEW YORK) -- Twitter, the online messaging network, estimates its revenue will reach a reported $100 million this year, but its value is estimated to be 100 times that amount, according to The Wall Street Journal.

Citing people familiar with the matter, the Journal reported Thursday Twitter is believed to be worth between $8 billion and $10 billion.

Meanwhile, the messaging service, which had a revenue of $45 million in 2010, estimates its revenue will more than double this year to $100 million to $110 million.

Copyright 2011 ABC News Radio

Monday
Jan032011

Report: Facebook Now Worth $50 Billion after Receiving Investments

Photo Courtesy - Nicholas Kamm/AFP/Getty Images(NEW YORK) -- Facebook's value is now up to $50 billion after receiving two investments worth a combined total of $500 million, The New York Times reported Sunday night.

The social networking site received $450 million from global investment banking and securities firm, Goldman Sachs, and another $50 million from Russian investment firm, Digital Sky Technologies, the Times reported, citing people involved in the deal.

The investments put Facebook's worth at a higher value than Time Warner, Yahoo! and eBay.  They also could push the company towards going public.

Copyright 2011 ABC News Radio







ABC News Radio