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Monthly Archives: October 2009

Geithner

The FOMC Unemployment Blues

Posted: October 14, 2009 at 9:19 pm

Buried deep in the Minutes of The Federal Open Market Committee for September 22 and 23 is the group’s forecast for joblessness. The committee’s conclusion is that “the unemployment rate moving down ...
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TV

Despite Marketing 101, The Rise of Captain Lou Albano

Posted: October 14, 2009 at 9:14 pm

Although he did not wear an eye patch, Captain Lou Albano was the Hathaway shirt man of wresting and rock and roll. Albano was as improbable as celebrity as he was ...
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house

The New York Times (NYT) Will Keep The Boston Globe

Posted: October 14, 2009 at 8:26 pm

The newspaper industry must be looking up. Recently, Gannett (NYSE:GCI) said its last quarter was better than expected. Today, The New York Times Company (NYSE:NYT) said it would keep The ...
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M&A Legend Bruce Wasserstein Dies, Leaving Open Fate Of “The Deal” And “New York Magazine”

Posted: October 14, 2009 at 6:24 pm

Bruce Wasserstein, one of the great M&A bankers in Wall St. history and CEO of Lazard (NYSE:LAZ) died at age 61. His passing leaves open the eventual fate of his ...
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52-Week High Club

Posted: October 14, 2009 at 4:23 pm

Conseco Inc (NYSE: CNO) rallied 30% to a yearly high of $6.50 on news that Paulson & Co. had taken a large stake in the company as well as on ...
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Expedia Logo

Expedia Scores S&P Rating Upgrade (EXPE)

Posted: October 14, 2009 at 3:43 pm

The travel sector may still be complaining about softness and  a spotty recovery, but things are getting better financially at Expedia Inc. (NASDAQ: EXPE).  It turns out that Standard & ...
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Burning Money Pic

FOMC: Recovery Yes, But High Unemployment For Years

Posted: October 14, 2009 at 2:17 pm

The September Minutes from the FOMC are out and the tone is getting far less cautious and far less negative, despite all the caveats.  It also shows that there is ...
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bucks

Starbucks (SBUX) Begins To Thrash McDonald’s (MCD) In Coffee Wars

Posted: October 14, 2009 at 2:15 pm

McDonald's (NYSE:MCD) was supposed to crush Starbucks (NASDAQ:SBUX) in the premium coffee business when the world's largest restaurant chain introduced a line of premium java more than a year ago. It turns ...
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Dow 10,000 !!!

Posted: October 14, 2009 at 1:22 pm

10,000.22 @ 1.23 PM EST 24/7 Wall St. editors ...
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Bull and Bear Image

IBM Is The Key to DJIA 10,000 (JPM, INTC, IBM, DIA)

Posted: October 14, 2009 at 1:17 pm

The Dow Jones Industrial Average is literally within 20 points of the psychological DJIA 10,000 mark.  We have not seen Dow-10K since October, 2008, but that month we saw 11,000 ...
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gm

China’s GM Bailout

Posted: October 14, 2009 at 12:37 pm

China has been critical to the attempts by the US government to pull the economy out of its downward spiral. The People's Republic has accommodated America by continuing to fund ...
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Oil Well Image

Technician Call: Oil to $90+, But Questions Seasonality (USO, GLD, OIL, OIH)

Posted: October 14, 2009 at 10:15 am

Now that Gold has busted $1,000.00 and headed up almost every day since, the next target commodity is oil and the question is if black gold can mirror the performance ...
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24/7 WallSt TV

24/7 Wall St. TV: Wal-Mart Online: Beauty And Cheap Shipping

Posted: October 14, 2009 at 9:53 am

It just got a little harder to be in the health and beauty retail business either in stores or online. Wal-Mart (NYSE:WMT) has started to sell products from a e-commerce ...
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newspaper

Today’s Best Market Rumors (9/14/2009) (WMT)(S)(RBS)(MSFT)(AIG)(LINTA)

Posted: October 14, 2009 at 9:17 am

Updated throughout the day. Updated 12.02 PM EST:  Wal-Mart (NYSE:WMT) will have a national roll-out of its "no contract" cellular service which could put sales pressure on Sprint (NYSE:S) (Reuters) ...
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SPACupdate.com Deal Watch (URX, CSAQF, TMI, TTY, NAQ, TCW)

Posted: October 14, 2009 at 9:14 am

SPACupdate.com has provided 24/7 Wall Street with some exclusive coverage for the world of special purpose acquisition companies or SPACs.  This monitors live deals involving blank check companies, associated stock ...
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