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Monthly Archives: November 2009

Former CEO Greenberg Bests AIG (AIG) Is Legal Battles

Maurice R. "Hank" Greenberg did not start AIG (AIG), but he might as well have. Greenberg took over as head of the insurance company in 1968, the only CEO ...
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China Could Flood The World With Goods, Damage Global Economy

China's stimulus package may work too well. The world's most populous nation is still building many factories even though its exports remain low. Building the facilities creates jobs and offers the country ...
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Media Digest 11/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Saab's failure to be bought shows that Chinese companies are having trouble moving into Western markets through M&A. Reuters:   AIG (NYSE:AIG) and former CEO Greenberg settled legal issues between ...
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Asia Market And Europe Open (11/27/22209)

Markets in Asia fell. The Nikkei was off .6% to 9,383. The Hang Seng fell 1.8% to 22,210. The Shanghai Composite was down 3.6% to 3,171. At the open in ...
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Retail Gimmicks More Fine-Tuned for Black Friday (AAPL, AMZN, WMT, BBY, COST, TGT, KSS, M, JWN)

Black Friday is under 48 hours away.  We have seen much data and much analysis out there on the topic, but there are two fairly easy conclusions here.... well, make ...
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DOE Oil Inventory Heads the Right Way (OIH, DIG, USO, OIL)

The Department of Energy has just released this week's oil inventories data.  While there are gains almost on all counts, this may not be enough.  The key ETFs that react to ...
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Today’s Best Market Rumors (11/25/2009) (GE)(AAPL)

Updated throughout the day Calpers has launched an investigation of its own oversight practices  (LA Times) Hedge fund assets may rebound to pre-crisis levels (Reuters) GE's (NYSE:GE) stock price is about ...
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Garmin Navigation May Triumph Over Google at Christmas (GRMN, GOOG)

Garmin Ltd. (NASDAQ: GRMN) took it on the chin in recent weeks after Google Inc.  (NASDAQ: GOOG) launched its personal navigation system as an app on its new smartphones for ...
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Jobless Data Triumphs in Economic Data Deluge

We just had a deluge of economic data in Personal Income & Spending for September, a rather solid figure on weekly jobless claims and in continuing  jobless claims, and a ...
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Top 10 Analyst Upgrades, Downgrades, Initiations (BRCD, DRWI, EMC, JDSU, MSFT, NRG, NTAP, SVVS)

These are this mornings top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls.  In fact, because today is a short day or partial off for most, ...
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Wal-Mart (WMT) Big Winner In Online Holiday Shopping Traffic

More than 13% of people who went to the top 500 retail websites went to Walmart.com for the week ending November 21. The number was up 77% from the previous ...
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Starbucks (SBUX) Goes To China

Starbucks (NASDAQ:SBUX) wants to follow Wal-Mart (NYSE:WMT), McDonald's (NYSE:MCD), Dell (NADSAQ:DELL) and hundreds of other large American companies into China. It is the promised land for consumer spending. The middle ...
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The Federal Reserve Speaks With Forked Tongue

The minutes of The Federal Reserve Board and the Federal Open Market Committee for November 3 and November 4 are a study in contradiction and perhaps even confusion. Members of ...
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The Bank Regulation Tower Of Babel

FDIC chair Sheila Bair, who would seem to be one of the less important members of the government's financial team, yesterday strongly suggested  that secured creditors at the largest banks bear losses of ...
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Media Digest 11/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Chinese banks must raise large sums of capital which could test equity markets. Reuters: AIG's (NYSE:AIG) CEO had his pay package approved. Reuters:   The Fed sees growth but substantial ...
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