Quantcast

Monthly Archives: January 2010

It’s Investment Banking: Why Wall Street Pay Is High

John Tamny of Forbes   In a 2005 speech meant to reduce the irrational criticism of Wal-Mart's wage policies, then-CEO Lee Scott calmly explained that the retail giant's low hourly ...
Read Full Story »

Oil Races Toward $90

China reported that its exports rose 18% in December over the same period last year. It also said that factory production was up 25% for the same time frame. The ...
Read Full Story »

China Finds Another Way To Poison US Kids

The AP has discovered that China is replacing lead in a number of the pieces of jewelry that it makes for export with cadmium. Medical books say that the metal can cause ...
Read Full Story »

Ford (F) Looks For “World Car” Holy Grail

Major auto companies have made efforts to create a "world car" for decades. It would be a vehicle which could use one design, one platform, and one engine which could ...
Read Full Story »

Bankers Testify In DC, Their Pockets Bulging With Cash

A number of the top bankers from firms including Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), and JP Morgan (NYSE:JPM) will testify before the The Financial Crisis Inquiry Commission which has ...
Read Full Story »

Media Digest 1/11/2010 Reuters, WSJ, NY Times, FT, Bloomberg

Reuters:   A senior Fed official said the joblessness will not affect rate policy. Reuters:   Shares in China lenders rose causing economic overheating fears. Reuters:   Motorola (NYSE:MOT) says cellphone use for shopping ...
Read Full Story »

Asia Markets And Europe Open (1/11/2010)

Markets in Asia rose. The Nikkei was up 1.1% to 10,799. JAL fell on fears of bankruptcy. The Hang Seng rose .5% to 22,413. The Shanghai Composite rose .5% to ...
Read Full Story »

24/7 Wall St.’s Corporate Power Rankings

The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm's industry, product introductions, ...
Read Full Story »

“Avatar” Becomes No.2 Film In History Of The Universe

It seems inevitable that movies about odd aliens, supernatural events, and bizarre figments of writers' imaginations rise weightlessly to the top of box office receipt lists. "Avatar" became the No.2 grossing film of all ...
Read Full Story »

Hope For Global Economy As China Exports Surge

China's exports increased at an unexpectedly rapid pace, up 18% in December compared to the same month in 2008. One economist told Reuters that the data mean that China's GDP rose ...
Read Full Story »

The Unusual Suspects (AA, INTC, JPM, BRK-A, CYCC, GENZ, IMMU, MNKD, QCOM, SWC)

There are many companies that deserved to be on this weekend's slate of unusual suspects that have key current developments to watch in this coming week.  Some are unusual trading activity, ...
Read Full Story »

Consumer Credit In Record Drop, Biggest Since 1943

Consumer borrowing took a breathtaking and record-breaking fall in November, according to figures released yesterday by the Federal Reserve. Revolving consumer credit dropped almost 18% from a year earlier fueling ...
Read Full Story »

JAL, One Of The World’s Largest Airlines, Set To Go Under

JAL is not only the flagship carrier for Japan; it is one of the largest airlines in the world. JAL ranks among the top ten in the industry both in ...
Read Full Story »

Out For Smokes or Alien Abductions… The Shrinking Labor Force

The Great Recession has taken its toll on America.  The New-Normal in U.S. economic data and jobs is starting to look like more like Europe every day, except that none of ...
Read Full Story »

Jim Cramer’s Gold Stocks For 2010 (GLD, FCX, EGO, GDXJ)

Jim Cramer continued on his theme stock picks for 2010 on CNBC's MAD MONEY tonight.  We have already heard Cramer's theme picks for homeland security, technology, ADRs, and for energy ...
Read Full Story »