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Month: February 2011

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Roadblock To Growth Of New Internet Superpowers Is Overseas

Social game network Zynga is about to be valued at $7 billion as it raises more capital. Groupon was recently valued at $6 billion, and Facebook at $50 billion. These businesses will continue to…

Douglas A. McIntyre · 16 years ago

The Global Recovery Now Has Two Big Engines

China’s trade surplus was $6.45 billion in January. Some economists believe that China’s import rise were partly due to higher prices that the People’s Republic must pay for commodities. Another part of the increase…

Douglas A. McIntyre · 16 years ago

Greece Again Sovereign Debt Flash Point

The debate over the fate of Europe’s poorer nations continues to return to Greece. It has become the canary in the coal mine as capital markets investors and other EU nations contemplate the region’s…

Douglas A. McIntyre · 16 years ago

Media Digest 2/14/2011 Reuters, WSJ, NYT, FT, Bloomberg

The size of the Japanese economy dropped in the fourth quarter of last year, but exports may aid a rebound. (Reuters) The Obama budget will cut $1.1 trillion in costs over 10 years. (Reuters)…

Douglas A. McIntyre · 16 years ago

The Week’s Largest Market Losers

S&P 500 WEEK: BOTTOM 10 (04FEB-10 FEB) Ticker Weekly Price Change (%) Close Price 10Feb11 Close Price 04Feb11 Market Cap($Mil) Akamai Technologies Inc AKAM -14.9 40.75 47.88 7430.4 Cisco Systems Inc CSCO -14.2 18.92…

Douglas A. McIntyre · 16 years ago

China’s New Protectionism

China will create a new body to review all significant foreign investments made in companies based in the People’s Republic. “Foreign investments in military, agriculture, energy and resources, key infrastructure, transport systems, key technology…

Douglas A. McIntyre · 16 years ago

The Week’s Largest Market Gainers

S&P 500 WEEK TOP 10 (04 FEB -10 FEB) Ticker Weekly Price Change (%) Close Price 10Feb11 Close Price 04Feb11 Market Cap($Mil) Big Lots Inc BIG 20.1 40.77 33.95 3076.8 NYSE Euronext NYX 15.8…

Douglas A. McIntyre · 16 years ago

Carl Icahn Goes After Clorox (CLX)

Wikimedia Commons (Adina Firestone)If any activist investor is able to rattle a public company, it is Carl Icahn.   He just disclosed that he owns 9% of Clorox Corporation (NYSE: CLX) totaling 12.5 million…

Jon C. Ogg · 16 years ago