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Monthly Archives: June 2009

bear

The Temp Worker Economy

Posted: June 16, 2009 at 4:39 am

Toyota (TM) and Nissan, two of the most successful car companies in the world, are hiring temporary workers in Europe to staff some of their auto plants. It is safe ...
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Geithner

Running Low On Money At The Federal Reserve

Posted: June 16, 2009 at 4:15 am

The theory about how the government can hold down interest rates is simple and naive. The Treasury will raise hundreds of billions of dollars in global markets where access to ...
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nok

The Samsung Mobile Wild Card (RIMM)(AAPL)(PALM)(MOT)(NOK)

Posted: June 16, 2009 at 3:56 am

Companies in the handset business envy RIM (RIMM) and Apple (AAPL) and covet their market share in the smartphone business. Analysts assume that the Blackberry and iPhone will slug it out, ...
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newspaper

Media Digest 6/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 16, 2009 at 3:01 am

Reuters:   The US outlined new financial market reforms. Reuters:   Obama lobbied MDs on his new healthcare package. Reuters:   Russia hosted the first BRIC summit. Reuters:   B of A's (BAC) BlackRock ...
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china

Asia Markets And Europe Open 6/16/2009

Posted: June 16, 2009 at 2:23 am

Most markets in Asia were sharply lower. The Nikkei fell 2.9% to 9,753. The Hang Seng was off 2.3% to 18,092. The Shanghai Composite was down .5% to 2,776. At ...
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newspaper

Rating the Top 25 Newspaper Websites 2009

Posted: June 15, 2009 at 8:36 pm

The struggle for large urban newspapers to stay in business has largely been an effort on the part of their managements to increase revenue on the Internet faster than it ...
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bank

Even Good News Does Not Lift GE (GE) Shares

Posted: June 15, 2009 at 2:30 pm

Just a few months ago, a relatively large number of investors and analysts thought that GE's (G) earnings would be crushed by losses at it financial unit. That did not ...
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Burning House Image

Questionable Confidence Among Builders (XHB, ITB)

Posted: June 15, 2009 at 12:26 pm

The confidence among home builders looked like it was creeping higher, but the most recent data from the National Association of Home Builders showed a decrease in June.  This drop ...
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Oil Well Image

Iran and the Myth of Geopolitical Risk in Oil (USO, OIL)

Posted: June 15, 2009 at 11:46 am

Last week, there was more continued media coverage of the death of David Carradine about the weekend elections in Iran.  Yet, here we sit on Monday and there have been ...
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Money Stack Image

Arbitrage Risk/Reward Inverted on Data Domain (DDUP, NTAP, EMC)

Posted: June 15, 2009 at 10:21 am

The long battle over Data Domain Inc. (NASDAQ: DDUP) may soon be coming to an end.  NetApp Inc. (NASDAQ: NTAP) appears to be coming out ahead of EMC Corp. (NYSE: ...
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bear

Fox Business Still Taking On Water

Posted: June 15, 2009 at 10:00 am

Fox Business, launched in October 2007, was supposed to air content substantially different enough from rival CNBC to take some of the larger channel's viewers or, at least, build a viewership ...
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B of A Logo

Bove’s Bank of America Call Confusing To Bulls & Bears (BAC)

Posted: June 15, 2009 at 9:39 am

Bank of America Corporation (NYSE: BAC) is having a hard time finding its footing this morning.  Rochdale Securities' Dick Bove has a research note that is leaving investors and traders ...
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Advanced Battery Raises More Cash (ABAT)

Posted: June 15, 2009 at 8:09 am

Advanced Battery Technologies, Inc. (NASDAQ: ABAT) recently raised $10 million in a private placement.  It has agreed to sell additional $7 million worth of convertible preferred stock and warrants to ...
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burning-money-pic

NY Fed Manufacturing Data Heads Wrong Way

Posted: June 15, 2009 at 7:48 am

The New York Fed's Empire manufacturing data came in a bit weaker than expected.  Business conditions for the month of June fell to -9.41 versus a reading of -4.55 in ...
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Goldman Sachs Boots Wal-Mart Off Conviction Buy List (WMT)

Posted: June 15, 2009 at 7:30 am

Wal-Mart Stores Inc. (NYSE: WMT) is acting like a broken stock, and this morning's big downgrade is not helping matters at the world's largest retailer.  Goldman Sachs has removed the ...
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