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Monthly Archives: June 2009

The Flipside of Failure

Posted: June 15, 2009 at 7:11 am

John Tamny of RealClearMarkets Amid the broad decline in economic activity over the past year, there have unsurprisingly been a lot of stories revealing the individual hurt wrought by recession. ...
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Top 10 Analyst Upgrades & Downgrades (AMG, AG, IRE, CAG, GPN, JASO, LEA, NTGR, ODFL, YHOO)

Posted: June 15, 2009 at 6:43 am

These are ten of the top analyst upgrades, downgrades, and initiation calls we have seen from Wall Street early this Monday morning with about two hours until the market opens: ...
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bear

The Postal System Becomes An Anachronism

Posted: June 15, 2009 at 5:27 am

The US Postal System, which has been dying for years due to the advent of the fax, e-mail, and overnight delivery, may finally be close to its last act. The ...
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balllmer

Even Google (GOOG) Pays Attention To Microsoft’s (MSFT) Bing

Posted: June 15, 2009 at 5:10 am

There are a growing number of reports that Microsoft's (MSFT) new Bing search engine is causing a little perspiration to break out on the foreheads of the people who run ...
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wii

A New And Improved XBox, Microsoft’s (MSFT) Electronics Ace

Posted: June 15, 2009 at 4:58 am

All the evidence points to the sales of the Nintendo Wii slowing. That would make sense. More than 20 million have been sold in the US. The market gets saturated ...
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uncle sam

Another Vote For A Vicious “Double Dip”

Posted: June 15, 2009 at 4:43 am

After several weeks of conviction on the part of most economists that the current recession is a "single" dip which will end later this year, the advocates of a "double ...
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Geithner

G8 Summit Wishful Thinking

Posted: June 15, 2009 at 4:24 am

The financial ministers of the G8 nations spent the better part of three days and weeks of preparation to reach a point where most of the members believe that it ...
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bank

Remaking Financial Regulation One Brick At A Time

Posted: June 15, 2009 at 4:03 am

The Administration is about to release its new plans and programs to regulate financial firms and the trading markets so the the catastrophe of 2008 can never happen again. The ...
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oil

Oil Prices And The Illusion Of New Inflation

Posted: June 15, 2009 at 3:46 am

It has become commonplace among analysts and oil traders to fear that crude prices are up so much that inflation will have to return the market. A recent piece from ...
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newspaper

Media Digest 6/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 15, 2009 at 3:01 am

Reuters:   The heads of the emerging markets, the so-called BRICs, held their first global summit. Reuters:   Obama will be tested this week on financial reforms. Reuters:   Rich nations are working ...
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china

Asia Markets And Europe Open 6/15/2009

Posted: June 15, 2009 at 2:30 am

Markets in Asia were mixed. The Nikkei was down 1% to 10,040. The Hang Seng dropped 1.1% to 18,878. The Shanghai Composite was up 1.7% to 2,790. At the open ...
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facebook

Facebook: More Programs That Don’t Make Money

Posted: June 13, 2009 at 7:31 am

Social networks, especially the largest one which are Facebook, MySpace, and Twitter, continue to come up with new features that may be useful to users but are unlikely to bring ...
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camMonopoly_wideweb__430x325,0

Genzyme Corp. Receives European Approval for its Kidney Disease Drug Renvela (GENZ)

Posted: June 13, 2009 at 6:49 am

Biotech Genzyme Corp. (Nasdaq: GENZ) reported on Friday that it has received European approval for Renvela, a newer version of its Renagel drug to help control phosphate levels in the ...
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under

Shares of Savient Pharmaceuticals Inc. Soar Despite FDA Concern Over Drug Safety (SVNT)

Posted: June 13, 2009 at 6:22 am

Shares of Savient Pharmaceuticals Inc. (Nasdaq: SVNT) climbed on Friday after an announcement by the FDA that the company's drug Krystexxa appears to successfully treat gout, despite evidence of potentially ...
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oil

Revisiting Consumer Sentiment: Looking At The Future

Posted: June 12, 2009 at 11:14 am

The University of Michigan/Reuters consumer sentiment numbers almost containly contain too much data. A careful reading of the figures show that they often conflict with one another leaving nothing but ...
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