The Ten Worst Drug Recalls In The History Of The FDA
This year’s recall of certain types of Tylenol and Motrin by Johnson & Johnson (NYSE: JNJ), which began in January, brought back memories of the 1982 Tylenol recall. It affected as many as 21…
All Work
Douglas A. McIntyre
Is the `Cash On The Sidelines’ Argument A Myth?
Want further proof of the reluctance of companies to hire? Well, here it is, or maybe not. Data released yesterday from The Federal Reserve showed that U.S. nonfinancial companies held $1.93 trillion in cash…
Media Digest (12/10/2010) Reuters, WSJ, NYT, FT, Bloomberg
The new Apple (NASDAQ: AAPL) iPad may have front and back cameras. (Reuters) Strength in the Chinese economy pushed crude back above $89. (Reuters) The strength of China’s trade may cause a rise in…
The American People Are Mad As Hell and Can’t Take It Anymore
Americans are so mad about the economy that they can’t think straight, if two recent Bloomberg News of polls of 1,000 people are any indication. In one survey, more than half of respondents said…
The Twitter-24/7 Wall St. Market Report (12/9/2010) Howard Stern Renews, Jobless Claims
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 (AGNC, ASML, LULU, TEVA)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of American Capital Agency Corp. (NASDAQ: AGNC), ASML Holding (NASDAQ: ASML), Lululemon Athletica (NASDAQ:…
US Home Values To Drop $1.7 Trillion In 2010
The aggregate value of homes in the United States will drop $1.7 trillion this year after a drop of $1 trillion in 2009. That data comes from a report from real estate research firm…
Today’s Best Market Rumors (12/9/2010)
Updated throughout the day. MasterCard (NYSE: MA) will buy Travelex (Reuters) Morgan Stanley (NYSE: MS) will sharply cut management pay (WSJ) Google (NASDAQ: GOOG) did not complete a buy-out of Groupon due to a…
China Car Sales Reach All-Time Record
China’s November car sales hit a one-month record. Total cars and light vehicles shipped to dealers reached 1.34 million, up 29% from the same month last year. Sales for the first eleven months of…
The Tax Cut Vs. Deficit War
Senator Tom Coburn of Oklahoma told the FT that new tax cuts, an extension of Bush programs, will send the capital markets a simple message: America does not care about its deficit. Americans only…
2010’s Worst-Performing Companies On the S&P 500
Meet the Nine Worst Performers Of The S&P 500, the broadly followed stock market index, that analysts expect will improve next year. The reasons why they are in the Wall Street dog house may be…
Media Digest (12/9/2010) Reuters, WSJ, NYT, FT, Bloomberg
Seventeen billionaires including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz have agreed to pledge most of their money to charity. (www.thegivingpledge.org) (Reuters) WikiLeaks supporters shut down the MasterCard (NYSE: MA) and Visa (NYSE V) websites. (Reuters)…
Why E-Commerce Still Doesn’t Count
There has been just as much written about e-commerce as there is about bricks-and-mortar sales this holiday season, if a quick read of online business sites and financial publications is any indication E-commerce revenue…
$100 Oil Once More on the Horizon
We did a story in October detailing five reasons to worry about oil getting to $100/barrel by the end of next year, and another five reasons to worry that oil would indeed reach that…
Toyota’s Bright Spot: Lexus Is No.1 US Luxury Car
Toyota Motor (NYSE: TM), its brand besieged in the US and elsewhere due to recalls, has one bright spot in the US. The company’s luxury brand, Lexus, was the No.1 selling high-end car in…
Electric Vehicles Getting Ready for Prime Time (TSLA, GM, NSANY, TM, F, HMC)
At the annual United Nations sessions on climate issues in Cancun, US energy secretary Steven Chu predicted that electric vehicles powered by batteries will be able to compete more effectively with petroleum-burning cars in…
Top Active Trader Alert Stocks (AIB, AIXG, IRE, MVIS, NFLX, OREX, RYAAY, VVUS)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Allied Irish Banks, plc. (NYSE: AIB), Aixtron AG (NASDAQ: AIXG), Bank of Ireland (NYSE:…
Today’s Best Market Rumors 12.8.2010 Mastercard Attack, BP Spill
Updated throughout the day. Hackers have attacked the MasterCard (NYSE: MA) website in retaliation for the credit card companies withdrawal of the ability to use its plastic for contributions to WikiLeaks (Reuters) PE firm…
Market Disappointed With McDonald’s (MCD) Sales
The market is disappoint with McDonald’s (NYSE: MCD) same-store sales in November. The company’s stock trades down about 2% to $79, still near its 52-week high. The shares have risen to their peak value…
Americans Support Helping The Unemployed
Americans support extending unemployment benefits, which is among the most expensive of the compromises made between President Obama and the Republicans. They also support extending the Bush Tax Cuts. Taken together, the costs of…