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Monthly Archives: June 2010

Media Digest (6/16/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 16, 2010 at 3:58 am

Reuters:   Credit rating agencies will not be heavily regulated under the new financial reform bill. Reuters:   AT&T (NYSE: T) had privacy problems with its iPhone 4 order system. Reuters:   The ...
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Government Ups Daily Deepwater Spill Rate To 60,000 Barrels

Posted: June 15, 2010 at 6:51 pm

Every time the government releases new data on the rate at which the Deepwater Horizon rig is leaking, the figure doubles. Today, the Deepwater Horizon Incident Joint Information Center reported ...
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The Oil Industry Says It Can Regulate Itself

Posted: June 15, 2010 at 6:36 pm

"Badges? We ain't got no badges. We don't need no badges! I don't have to show you any stinkin' badges!"--The Treasure of the Sierra Madre, 1948 A former Shell Oil ...
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Builder Confidence Flags, Housing Double Dip

Posted: June 15, 2010 at 12:54 pm

The double dip in housing has caught up to another important player. The National Association of Home Builders/Wells Fargo Housing Market Index dropped sharply in June. Recently, mortgage application dropped ...
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Will The Pilot’s Strike Push Spirit Into Bankruptcy?

Posted: June 15, 2010 at 12:02 pm

Spirit Airlines is currently closed down due to a strike by its pilots. The carrier announced today that the shutdown will continue at least through Thursday. The work stoppage could ...
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Treasury: Money Still Finding Its Way Into The US

Posted: June 15, 2010 at 9:09 am

The US probably became a significant draw for "safe have" seeking money in April. That was probably more true in May. The results of foreign investment is American assets was ...
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Today’s Best Market Rumors (6/15/2010)

Posted: June 15, 2010 at 9:00 am

Updated throughout the day. US lawmakers may not put tough restrictions on credit rating agencies. (Reuters) Zynga Network, the maker of games for social networks, has landed 13.5 billion yen ...
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A Tale of Four Stock Market Decades

Posted: June 15, 2010 at 8:51 am

By John Tamny of Forbes This one argues that the '20s stock market resembles the '90s, and the '70s resembles the market of the decade just passed.  It seems the ...
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The Twitter-24/7 Wall St. Stock Market Report 6.15.2010 The Wisdom Of Crowds?

Posted: June 15, 2010 at 8:48 am

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ...
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Pre-Market Movers (NLST)(JAZZ)(DRYS)(CCNE)(LOGI)

Posted: June 15, 2010 at 8:11 am

Stocks moving up in the pre-market: Netlist (NASDAQ: NLST), Jazz Pharmaceuticals (NASDAQ: JAZZ), Hercules Offshore (NASDAQ: HERO), Clearwire (NASDAQ: CLWR), Ericsson (NASDAQ: ERIC), and DryShips (NASDAQ: DRYS) Moving down: (more...) ...
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Analyst Upgrades And Downgrades

Posted: June 15, 2010 at 7:35 am

BP plc (NYSE: BP) was downgraded by Fitch. JPM Securites downgrades Eli Lilly (NYSE: ELY) to market perform. Rosetta Resources (NASDAQ: ROSE) downgraded to neutral by SunTrust Callaway (NYSE: ELI) ...
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24/7 Wall St. Ten Brands That Will Disappear in 2011

Posted: June 15, 2010 at 6:49 am

24/7 Wall St. has created a new list of brands that will disappear, which includes Readers Digest, Kia Motors, Dollar Thrifty (NYSE: DTG), Zale (NYSE: ZLC), Blockbuster (NYSE: BBI), T-Mobile, ...
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China’s Two-Headed Labor Problem

Posted: June 15, 2010 at 6:00 am

China's Premier Wen Jiabao  says that workers should be treated better. Jiabao's comments come in light of a series of strikes at Honda Motor (NYSE: HMC) plants and supplier facilities. ...
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Apple iPhone Available In Any Color As Long As It Is Black

Posted: June 15, 2010 at 5:28 am

People who want to order the new iPhone from Apple Inc.'s (NASDAQ: AAPL) online store can do so now, as long as they are willing to get the phone with ...
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China Real Estate: A Bubble Is Not A Bubble Until The Money Runs Out

Posted: June 15, 2010 at 5:08 am

Many of China's banks and financial regulators are concerned that real estate prices in the People's Republic are too high. This is not a new assertion. Investor and analysts around ...
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