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Monthly Archives: September 2010

Jeff Zucker Should Have Been Fired Long Ago

Posted: September 24, 2010 at 6:02 pm

In a move that should have surprised no one,  Comcast Corp. (NASDAQ: CMCSA) said today that it was replacing Jeff Zucker as head of NBC Universal once the business is ...
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House Ways And Means Plans To Seize Yuan Issue

Posted: September 24, 2010 at 11:36 am

The House Ways and Means Committee rejected arguments by China and some economists that the manipulation of the yuan has been harmless to US trade. China recently stated that America ...
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College Graduates Are Really Screwed

Posted: September 24, 2010 at 10:59 am

Attention college seniors: it's an awful year to graduate college.     Anyone with a brain knows that given the state of  the economy but the Brookings Institution recently spelled it ...
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How Apple Hammers The Competition

Posted: September 24, 2010 at 10:55 am

The success of the company is particularly spectacular because it is largely a four-product enterprise, consisting of the iPad, iPod, Mac, and iPhone. It also produces a suite of supporting ...
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Home Sales Remain In Crater

Posted: September 24, 2010 at 10:36 am

Sales of new single-family houses in August 2010 were at a seasonally adjusted annual rate of 288,000, according to estimates released jointly today by the U.S. Census Bureau and the ...
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The Nine Industries That Know Everything About You

Posted: September 24, 2010 at 10:05 am

By Douglas A. McIntyre The FBI gathers more about people than they will ever know. Credit rating agencies watch almost every financial transaction of tens of millions of people. Here ...
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The Twitter-24/7 Wall St. Market Report (9/24/2010) Gold Price, Durable Goods

Posted: September 24, 2010 at 9:00 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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Today’s Best Market Rumors (9/24/2010) Buy-Out Targets, GM

Posted: September 24, 2010 at 8:33 am

Updated throughout the day. ARM Holdings (NASDAQ: ARMH) is a buy-out target (various) Tibco (NASDAQ: TIBX) is a buy-out target (Barron's) Japan may further intervene in financial markets to affect ...
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Active Stock Trader Alerts 9/24/2010

Posted: September 24, 2010 at 8:19 am

AMD (NYSE: AMD) is up 2% after lowering its earnings forecasts Vical (NASDAQ: VICL) down 14% on late stage drug trial failure. ARM Holdings (ARMH) up 7% on buyout rumors. ...
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Major Analyst Upgrades/Downgrades (9/24/2010) (AMTD)(CSX)

Posted: September 24, 2010 at 8:04 am

Piper Jaffray upgrades shares of Kenexato Overweight and raised the its target to $29 from $13. BNP Paribas was downgraded to "equal weight" from "overweight" by Morgan Stanley on valuation ...
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Oracle–The Next IBM

Posted: September 24, 2010 at 6:05 am

Oracle's (NASDAQ: ORCL) revenue run rate is about $60 billion a year. That compares to $100 billion for IBM (NYSE: IBM) and Hewlett-Packard (NYSE:HPQ). Oracle has advantages as it attempts ...
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Spain’s Turn To Compound Eurozone’s Trouble

Posted: September 24, 2010 at 5:40 am

The will of the Spanish to hold to their austerity plan has begun to be questioned. The nation's finance minister, Elena Salgado, will present her budget for the next year ...
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The Rapid Growth Of Layoffs In Pharma, As Industry Despairs Of Its Future

Posted: September 24, 2010 at 5:18 am

Bristol-Myers Squibb (NYSE: BMY) will cut nearly 1,000 workers. That is on top of large rounds of firings in 2007 and 2008. The company gave an odd reason for the ...
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Free Budweiser For 500,000 People

Posted: September 24, 2010 at 4:56 am

Anheuser-Busch InBev plans to give out 500,000 free samples of Budweiser beer over the next few weeks.  The offer will target upscale bars and restaurants. According to Reuters, "In addition ...
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Media Digest (9/24/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 24, 2010 at 4:06 am

Reuters: Petrobras raised $70 billion in the largest stock offer in history. Reuters:   There will likely be no tax cut before the election, according to Democrats Reuters:   Obama asked the ...
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