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…
All Work
Douglas A. McIntyre
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…
Top Active Trader Alert Stocks (ASCMA, CISG, DRYS, SMT)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Ascent Media Corporation (NASDAQ: ASCMA), CNinsure Inc. (NASDAQ: CISG), DryShips Inc.…
Today’s Best Market Rumors (12/3/2010) South Korean Cars, Apollo Buyout
Updated throughout the day. Apollo Management will buy Regis (NYSE: RGS) (NYPost) A free trade deal between the US and South Korea is hung up on the issue of tariff’s on cars made in…
The Ten States Where The Most People Go Hungry
There are at least ten states in which 6% or more of population experiences very low food security. According to the United States Department of Agriculture, “In households with very low food security, the…
Does Anyone Want Super Fast Wireless Service?
Analysts who follow the telecom industry were surprised when Verizon Wireless recently announced it would offer LTE 4G broadband service in a number of cities. One reason for the shock is that there are still very…
Tax Everything That Moves
The head of auto research firm Edmund’s recently suggested that the federal government raise the tax on gasoline. He thinks the President’s deficit reduction panel has overlooked how much a sharp increase in the…
What Will China Do With All Of Its Gold?
The Xinhua news agency reports that China imported just under 210 metric tons of gold in the first ten months of 2010. That is about five times the what it had during the same…
Media Digest (12/3/2010) Reuters, WSJ, NYT, FT, Bloomberg
Trading activity in several healthcare deals is being examined by federal authorities.(WSJ) Payroll numbers should have improved in November. The jobless rate was probably flat. (Reuters) China said it would move toward a “prudent”…