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Monthly Archives: November 2009

oil

Oil Prices: Hurricane Ida Heads Toward Gulf Deep Sea Drilling Platforms

Posted: November 9, 2009 at 5:46 am

By Douglas A. McIntyre It has been months since a hurricane posed a real threat to oil rigs in the Gulf of Mexico. Now, Hurricane Ida is entering the region ...
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biotech

Goldman Sachs Is Doing “God’s Work

Posted: November 9, 2009 at 5:42 am

By Douglas A. McIntyre Lloyd Blankfein, the CEO of Goldman Sachs (GS) has put an unusual spin on the bank's activities. He says his firm is doing "God's work." This ...
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WMT

Wal-Mart (WMT) Lends Hand To The Poor One $2 Meal At A Time

Posted: November 9, 2009 at 5:39 am

The cynic's view of Wal-Mart's (NYSE:WMT) new expansion of its Great Value private label food brand is that it is aimed at making as much money as possible from those who ...
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TV

NBC Universal Gets A $30 Billion Valuation

Posted: November 9, 2009 at 5:12 am

NBC Universal, the entertainment arm of GE (NYSE:GE) which is 20% owned by Vivendi, is worth $30 billion. That is the figure that GE and Comcast (NASDAQ:CMCSA), the cable company ...
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bear

Waiting For Another Recession In The Spring

Posted: November 9, 2009 at 4:44 am

Some experts raised the issue of how long the recovery can last as unemployment went over 10% last week and the total number of people out of jobs or looking ...
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TV

Microsoft (MSFT) Windows 7 And The Renewal Of The PC Industry

Posted: November 9, 2009 at 4:12 am

Microsoft (NYSE:MSFT) Windows 7 sales in the first week after its introduction last month outdid Vista sales during the first week after its launch in January 2007 by 234%, according ...
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24/7 WallSt TV

24/7 Wall St. TV: McDonald’s (MCD) Consumer Service Lesson: Seconds Count

Posted: November 9, 2009 at 4:08 am

McDonald’s (NYSE:MCD) spends a great deal of its test kitchen time trying to beat the clock. It has occurred to the fast food chain that a customer who expects to ...
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newspaper

Media Digest 11/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 9, 2009 at 4:03 am

Reuters:   Hurricane Ida is heading toward Gulf oil fields. Reuters:   Kraft (NYSE:KFT) will make its bid for Cadbury. Reuters:   GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to an NBCU valuation. ...
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china

Asia Markets And Europe Open 11/9/2009

Posted: November 9, 2009 at 3:27 am

Markets in Asia rose. The Nikkei was up .2% to 9,809. The Hang Seng rose 1.7% to 22,208. The Shanghai Composite was up .4% to 3,175. At the open in ...
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bull-and-bear-image2

Top 10 Earnings on Deck This Week (ERTS, ENER, PCLN, SQNM, TYC, AMAT, M, JWN, WMT, DIS)

Posted: November 8, 2009 at 10:26 am

Earnings season has wound down now with over 85% of the S&P 500 Index having reported.  Still, there are some key companies posting their quarterly results and some companies were ...
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gm

GM To Axe Jobs At Opel

Posted: November 8, 2009 at 8:00 am

GM executive Bob Lutz, who has been a senior executive in the car industry longer than any man alive, will become the new chairman of Opel. GM has decided to ...
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bull-and-bear-image

AES Debate: China’s Infrastructure Grab (AES)

Posted: November 7, 2009 at 11:59 am

China is at it again buying key infrastructure access.  AES Corp. (NYSE: AES) disclosed on Friday, along with earnings, that the company was raising significant cash.  This is a capital ...
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bear

United Security Of Sparta Georgia Is 116th Bank Failure Of 2009

Posted: November 6, 2009 at 5:35 pm

United Security Bank, Sparta, Georgia, was closed by the Georgia Department of Banking and Finance, which appointed the FDIC as receiver. The two branches of United Security Bank will reopen ...
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bear

Home For The Holidays: Consumer Credit Falls Apart

Posted: November 6, 2009 at 5:21 pm

It looks more and more like people will not be traveling or shopping this holiday season. The Federal Reserve released its monthly consumer credit report which showed activity decrease at an annual ...
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buffettimage-gates-foundation

Buffett & Berkshire Earn Dough (BRK-A, BRK-B, BNI, MCO)

Posted: November 6, 2009 at 5:10 pm

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) has just reported its Q3-2009 earnings ahead of the formal expectations.  This will be perhaps one of the last similar earnings reports with ...
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