Quantcast

Monthly Archives: July 2011

Today’s Best Market Rumors (7/11/2011) News Corp Rumors, Cisco 10,000 Layoffs

Posted: July 12, 2011 at 8:25 am

Updated throughout the day The US government will investigation News Corp (NYSE: NWS) for bribery charges (various) Eurozone finance ministers are ready to accept a Greek default (Reuters) News Corp ...
Read Full Story »

Chesapeake To Make Nat-Gas Key For U.S. Energy Policy, Finally (CHK, CLNE, WPRT, KMP, XOM)

Posted: July 12, 2011 at 8:19 am

After markets closed yesterday, Chesapeake Energy Corp. (NYSE: CHK) announced a plan to create a $1 billion venture capital fund to promote increased demand for natural gas by replacing petroleum-based ...
Read Full Story »

Small Business Survey Offers More Stagnation… Or Is It Stagflation?

Posted: July 12, 2011 at 7:51 am

The National Federation of Independent Business has just released its survey for June, and the overall trend has now dropped for four months in a row.  Some of the conditions ...
Read Full Story »

Valuing The Best Conglomerate For The Second Half of 2011 (GE, UTX, BRK-A, HON, MMM, TXT, TYC)

Posted: July 12, 2011 at 7:20 am

24/7 Wall St. has been using valuation analysis for value investors for a couple of weeks and we wanted to review the conglomerates in a search for the best value ...
Read Full Story »

Startups Moderate Hiring Shows Caution Trumps Enthusiasm

Posted: July 12, 2011 at 6:41 am

Startups should be at the core of optimism and enthusiasm when it comes to the recovery of the economy as they help drive growth in many sectors, including jobs. Otherwise, ...
Read Full Story »

Countries With The Most People Over 100

Posted: July 12, 2011 at 6:36 am

The first person to live to over 150 years of age has already been born.  This, according to the Strategies for Engineered Negligible Senescence Foundation. The United Nations says that ...
Read Full Story »

Too Many Solutions To EU Debt Crisis

Posted: July 12, 2011 at 6:31 am

The EU is once again weighing the possibility that the best method to prevent the debt crisis in the region from growing further is to buy the sovereign paper of ...
Read Full Story »

China Loses Control Of Its Bank System

Posted: July 12, 2011 at 6:26 am

The People's Republic central government is supposed to control everything in China from child birth rates to internet access. The effectiveness of that control was questioned, however, when the country ...
Read Full Story »

Media Digest (7/12/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: July 12, 2011 at 6:22 am

News Corp (NYSE: NWS) may face a bribery probe in the U.S. (Reuters) An Apple (NASDAQ: AAPL) patent lawyer may leave the firm (Reuters) China bank lending picked up. This ...
Read Full Story »

Tech Earnings Get Off Poorly For Summer Earnings Season (NVLS, MCHP, KLAX, LRCX, AMAT, TXI, ADI, SMH)

Posted: July 11, 2011 at 6:16 pm

Many investors probably consider that it will be the larger technology companies which will kick off the bias for technology this earnings.  Guess again.  Technology is now already under a ...
Read Full Story »

Alcoa’s Report More Mixed To Positive, News Reports Call It “A Miss” (AA)

Posted: July 11, 2011 at 4:24 pm

Alcoa, Inc. (NYSE: AA) has just unofficially kicked off the summer earnings season.  Shares were weak in the last two trading sessions ahead of the earnings report, but that is ...
Read Full Story »

Are French Banks Next On The Block After Italy? (EWQ, FTE, BNPQY, EEA, FEZ, IEV)

Posted: July 11, 2011 at 3:19 pm

By now, the term "PIIGS" is rather well-known due to debt woes and economic woes of Portugal, Ireland, Italy, Greece, and Spain.  French banks have been considered as having above-average ...
Read Full Story »

Local.com: Competing Against Groupon On The Cheap (LOCM, SPMD)

Posted: July 11, 2011 at 2:05 pm

If you have been a reader of 24/7 Wall St. for long, we have not exactly hid the fact that this "online coupon and daily deals" business is not very ...
Read Full Story »

Cisco–One Of The Largest US Layoffs Of The Year?

Posted: July 11, 2011 at 1:34 pm

Cisco (NASDAQ: CSCO), one of the largest tech firms in the U.S. with a market cap of $85 billion and annual sales of $40 billion, will lay off 5,000 to ...
Read Full Story »

Another Day, Another Lifeline for YRC Worldwide (YRCW)

Posted: July 11, 2011 at 1:10 pm

YRC Worldwide Inc. (NASDAQ: YRCW) appears to have gotten yet one more lifeline, one which continues to dilute and dilute by the looks of it.  This troubled trucking company has ...
Read Full Story »