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Daily Archives: December 4, 2009

Weak Dollar, More Layoffs (TM)(SNE)

Posted: December 4, 2009 at 5:53 am

The head of Toyota (NYSE:TM) recently said that a recall of four million cars with floor mat problems would not hurt company profits anywhere near as much as a surging ...
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China Blames Investment Banks For Derivatives Losses

Posted: December 4, 2009 at 5:38 am

Caveat emptor. Caveat emptor. Chinese official are blaming US banks for selling some of the country's state-owned companies complex derivatives on which they lost money. The FT and other media report that ...
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Goldman Sachs (GS) May Buckle To Pay Package Pressure

Posted: December 4, 2009 at 5:18 am

The argument that Goldman Sachs (NYSE:GS) will pay its employees too much this year has always been a weak one. Some shareholders believe that more money should be going to them, perhaps ...
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Survey: Holiday Spending Ticks Up And Soars At Amazon (AMZN)

Posted: December 4, 2009 at 5:00 am

A new survey from ChangeWave shows that holiday spending has improved in 2009 compared with 2008 and purchasing activity at Amazon (NASDAQ:AMZN) is soaring. The study of 2,954 consumers was completed ...
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Bernanke Will Get His Second Term

Posted: December 4, 2009 at 4:39 am

Several Senators cuffed Fed Chairman Ben Bernanke around during hearings today. Chris Dodd, who runs the Senate Banking Committee in whose presence Bernanke appeared, gave the world assurances that the ...
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Media Digest 12/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 4, 2009 at 4:04 am

Reuters:   Goldman Sachs (NYSE:GS) may make bonus payments in stock. Reuters:   China is worried about sticking to dollar deposits. Reuters:   A well-known economist says housing will continue to fall. Reuters:   ...
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Asia Markets And Europe Open (12/4/2009)

Posted: December 4, 2009 at 3:31 am

Markets in Asia were mixed. The Nikkei was up .4% to 10,023. Honda (NYSE:HMC) and Sony (NYSE:SNE) rose but Toyota (NYSE:TM) dropped. The Hang Seng fell .3% to 22,495. Sinopec ...
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