CEO Of The Year Nominees: 10) Irene B. Rosenfeld Of Kraft (KFT)
24/7 Wall St. will name its annual CEO of the Year later this week. The executive will be picked from a field of ten which we will profiled over the ...Read Full Story »
Daily Archives: December 8, 2008
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Best Explanation Of Bailout Yet
The bank, car industry, and mortgage bailout is so complex that many analysts and economists don't understand all of its costs and benefits.This is the single best explanation of the ...Read Full Story »
China Still Has Money To Loan Brazil $10 Billion
The economy in China may not be so troubled as some experts say. The world's most populated nation would like to loan Brazil $10 billion to develop tremendous new oil ...Read Full Story »
Winner Of Nobel Economics Prize Seems Crestfallen
Winning the Nobel Prize should brighten the spirit, especially since it comes with a $1.3 million cash prize.Not so for Paul Krugman, this year's winner for economics. He is simply ...Read Full Story »
More Changes Of Heart On The Credit Crisis
Experts have been making predictions about when the credit crisis would end since several Wall St. CEOs said it was almost over this summer.A number of economists say the downturn ...Read Full Story »
Will Rogers Never Saw TI’s Expectations (TXN)
Texas Instruments Inc. (NYSE: TXN) lowered guidance at its mid-quarter update. We expected this, but the magnitude here for companies reporting data later this quarter is getting worse than those ...Read Full Story »
Merrill Lynch (MER) CEO Will Seek No Bonus, Perhaps Board Will Reward Him Anyway
After it was reported that Merrill Lynch (MER) CEO John Thain was after a $10 million bonus he was viciously attacked by everyone from the media to NYS Attorney General ...Read Full Story »
National Semi’s Severe Guidance Cut (NSM)
National Semiconductor Corp. (NYSE: NSM) reported disappointing second quarter sales and profit for the second quarter after the close. The chipmaker said that net income fell to $33.9 million, or ...Read Full Story »
Microsoft (MSFT) Means To Push Google (GOOG) In Online Apps Business
The theory goes something like this: Microsoft (MSFT) has a model for selling software which is installed in a PC or server and uses that device's computing power and memory ...Read Full Story »
Following Good Xbox News From Microsoft, Nintendo Has Strong Sales
The recession is not breaking the video game addiction shared by so many Americans. Even in a downturn they can find cash for games and consoles. Microsoft (MSFT) said Xbox ...Read Full Story »
The Tribune Company Files Bankruptcy
Based on several news reports, The Tribune company, which went private about a year ago, filed for Chapter 11. The firm's total debt is about $12 billion.Read 24/7's analysis of ...Read Full Story »
Bracing For Data From 3 More Chip Stocks (TXN, NSM, ALTR)
Today may be a fairly important news day after the close for semiconductor stocks. We have a mid-quarter update from Texas Instruments Inc. (NYSE: TXN) and an earnings report from ...Read Full Story »
Brokerage Consolidation Begins, Or Not (RODM, COWN)
If you have been waiting for the smaller brokerage firms in the Tier-2 and Tier-3 categories to start merging, it looks like the first shot in the consolidation wars has ...Read Full Story »
Bracing For Another 1.1 Million Job Losses
We keep trying to look for good news on the jobs front. Unfortunately, there is almost none to be found. The Conference Board Employment Trends Index was released today and ...Read Full Story »
What Exactly Is The Rescue Plan Achieving?
John Tamny, RealClearMarketsDuring the dark days of the Great Depression, Treasury Secretary Henry Morgenthau relayed to President Roosevelt the details of a conversation he had with his son, Henry III. ...Read Full Story »
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