Why Doesn’t AT&T Quit The Wireless Business
AT&T Inc.’s (NYSE:T) doesn’t have much time left to keep its promises to fix what it bills as the “nations’ fastest mobile broadband network.” It may not be worth the bother. As Consumer Reports…
All Work
Douglas A. McIntyre
Just Say No To An Unemployment Task Force
In an interview with The Financial Times, American Express Co. (NYSE: AXP) Chief Executive Kenneth Chenault called for the formation of task force among business and political leaders to tackle the unemployment problem. This…
The Twitter-24/7 Wall St. Market Report (12/6/2010) Facebook Facelift, Kellogg And Pfizer CEOs
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Top Active Trader Alert Stocks (CISG, VRGY, NVMI, LTXC, RDWR)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of CNinsure Inc. (NASDAQ: CISG), Verigy Ltd. (NASDAQ: VRGY), Nova Measuring Instruments Ltd. (NASDAQ: NVMI), LTX-Credence…
Ackman Offers To Help Borders Bid For Barnes & Noble
The regulator filing reads: The Reporting Persons have informed the Issuer that they would be prepared to finance, on mutually acceptable terms, an offer by the Issuer to purchase all of the equity securities…
The Five Companies That Should Leave The Dow, And The Five That Should Replace Them
The Dow Jones Industrial Average (also called The Dow, Dow 30 and the DJIA) is what most Americans think of as the “stock market.” The widely followed benchmark of 30 American stocks, however, no…
Pfizer CEO Gone, Who Is Next? Boeing, Sprint, And Nvidia
Pfizer’s (NYSE: PFE) CEO Jeff Kindler resigned because he was tired, he says. “The combination of meeting the requirements of our many stakeholders around the world and the 24/7 nature of my responsibilities, has…
QE3, QE4, Qe5 Or Just A Larger QE2?
Ben Bernanke, out on another tour of the country to support the Fed’s policies, told “60 Minutes” that the $600 billion planned purchase of US bonds may be inadequate. “We’re not very far from the…
Europe Face Moral Hazard Again And Again
There have been recent reports that German chancellor Angela Merkel threatened to pull her nation out of the euro zone. That would almost certainly cause a collapse of the euro and the alliance. Germany…
Media Digest (12/6/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
AOL (NYSE: AOL) may break itself into pieces in preparation for a potential merger with Yahoo! (NASDAQ YHOO). (Reuters) Ben Bernanke, chairman of the Federal Reserve, told “60 Minutes” that the central bank could…
Facebook’s Meaningless Redesign Of Profile Pages
Some Facebook users will be able to redesign their profiles pages beginning today. These sections of Facebook accounts are essentially the front porch to the online presences of countless numbers of people. The new…
E-Commerce Giants Flatten Smaller Competition
Analysis of Spending Growth Among Top 25 Online Retail Sites Nov. 1-29, 2010 vs. Corresponding Days in 2009 Total U.S. – Home/Work/University Locations Source: comScore, Inc. Spending Growth Dollar Share 2009 2010 Total Retail…
Gas Prices Close In On $3
The traffic on the nation’s roads may be a little light this Christmas. Gasoline prices has spiked up. The average price for regular gasoline at U.S. filling stations rose 3.92 cents to $2.9121 a…
Has Holiday Shopping Activity Started To Falter?
The rate of e-commerce sales growth for this holiday season has begun to slow. And, there is some reason to believe that the problem will become worse. comScore reports that online sales growth in…
Google Chrome Netbook Coming Soon?
A number of sources are reporting today that Google Inc. (NASDAQ: GOOG) is set to announce a Google netbook next Tuesday, December 7th. The netbook reportedly uses Google’s Chrome operating system running on an…
Groupon Slips Through Google’s Hands
Groupon, the online discount coupon company, did not sell itself to Google (NASDAQ: GOOG). Many media including The Wall Street Journal, AllThingsD, and The New York Times reported that the deal was a good…
Car Salesmen And Members Of Congress At Bottom Of Trust Ratings
Americans do not trust car salesmen, members of Congress and lobbyists. That list not unusual. Nor is the list of the most trusted professions–nurses, military officers and pharmacists. A new Gallup poll asked people…
IAC’s Day Of Reckoning Will Come
IAC/InterActiveCorp (NASDAQ:IACI), Barry Diller’s Internet empire, says on its website that “our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world.” …
Google Android Phenomenon Continues (SCOR, MOT, RIMM, NOK, GOOG, AAPL, MSFT)
Research firm comScore, Inc. (NASDAQ: SCOR) has released its October report on the US mobile phone industry. The top device maker is Samsung, with 24.2% of the market, up 1.1% since the last survey…
Seagate Is Not For Sale, Who Will Buy It (STX, WDC, IBM, HPQ, SNDK, AAPL)
Earlier this week Seagate Technology PLC (NYSE: STX) said that it was ending discussions with private equity firms concerning a possible sale, and that the company would instead begin a $2 billion stock buyback…