Author Archives: Douglas A. McIntyre

Detroit Real Estate Value Drops Below Tiny Ann Arbor

The value of all the real estate in Ann Arbor, the home of the University of Michigan, is greater than all the real estate in Detroit. The numbers are based ...
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Will Tronc Vice Chairman Offer $18 a Share?

There is speculation by the Los Angeles edition of the American Business Journal that Tronc Inc. (NASDAQ: TRNC) Vice Chairman Patrick Soon-Shiong may make a bid for the entire company. In ...
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Wave of New BMW and Mercedes Models Threatens Lincoln and Cadillac

BMW has the financial wherewithal to launch "40 variants" to its model line. Those are 40 new options that luxury car buyers will have from just one company, which is ...
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Sears Management Says It May Not Survive

Usually buried in the small print of some troubled public companies is the phrase "substantial doubt exists related to the Company's ability to continue as a going concern." Recently that company was ...
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More Cost Cuts Likely For Newspaper Industry–Moody’s

The traditional newspaper business in the U.S. will continue its decline, according to Moody's Investor Services. One of the few points of relief will be the ability to cut costs. ...
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Tesla Owners Love Their Cars, Despite Many Flaws

Flaws, mechanical problems and software glitches have little influence on whether Tesla owners love their cars. That is what new data from highly regarded research firm J.D. Power says. Owners ...
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JetBlue Drops Prices as Low as $44

JetBlue Airways Corp. (NASDAQ: JBLU) is having a sale for spring travelers. On some routes, one-way tickets are as low as $44. On a very large number, the fares are ...
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The $40 iPhone 8

The most expensive version of the new iPhone 8 will cost $1,000 or more, according to a Wall Street research firm. The price will be based on a set of ...
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Retail Stocks Fall Apart as Kohl’s, Macy’s and Gap Sell Off

Retailer shares have been unable to fully stabilize after sell-offs that accompanied their earnings for the 2016 holiday period. Some retailers shuttered stores. Others gave pessimistic guidance. The slide began ...
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Tronc Vice Chair Soon-Shiong to Leave Board

Tronc Inc.'s (NASDAQ: TRNC) Vice Chairman Patrick Soon-Shiong will not stand for reelection, according to a list of directors in the current company proxy statement. The statement also shows he ...
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‘Beauty and the Beast’ Opens With $170 Million in Ticket Sales

"Beauty and the Beast," released last week by Walt Disney Co. (NYSE: DIS), broke several ticket sales records as it opened with sales of $170 million. No other movie has ...
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Spring Travel Season to Drive 145 Million Fliers

From the start of March to the end of April, there will be 145 million fliers on America's airlines to destinations around the world. Industry organization Airlines for America says ...
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Uber President Resigns — Reuters

Troubled ride-sharing service Uber lost its president, a former executive from Target Corp. (NYSE: TGT). Jeff Jones has quit, according to Reuters. He made the following statement, according to Reuters: ...
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Apple Market Cap Nearly Three Quarters Of $1 Trillion

Apple's (NASDAQ: AAPL) market cap sits at $734 billion, as its shares have passed an all-time high of $141. A number of analysts believe that figure will go to $160, ...
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How Much Does Germany, Second Largest Financial Supporter of NATO, Owe?

Germany is supposed to be the second largest contributor of funds to NATO, after the United States. However, the rule books about how NATO is governed and funded are immensely ...
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