Electric Cars Could Flop
Global sales of all types of electric-powered vehicles is expected to be under 1 million units of the estimated total of 44.7 million units that will be sold in 2010. By 2020, nearly 71…
All Work
Douglas A. McIntyre
The Twitter-24/7 Wall St. Market Report 10/27/2010 Fed Ease, Nook, Durable Goods Bad
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…
Today’s Best Market Rumors 10/27/2010 Google Real Estate, Buffett
Updated throughout the day. The Federal Reserve will begin modest easing next week (WSJ) Google (NASDAQ: GOOG) is about to purchase a large Manhattan commercial building for $2 billion (NYPost) The CFTC will investigate…
Short Sellers Flee Telecom And Financial Stocks (VZ, T, MOT, S, MSFT)
Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an exit of…
IBM Helps To Create A Cellphone Battery That Will Last Forever
It is a lengthy way to say that electronic batteries can nearly be perpetual motion machines. “Ecole Polytechnique Federale de Lausanne and IBM (NYSE: IBM) announced a major research initiative, with several leading academic…
Mayhem Master Ellison Of Oracle Points To HP CEO’s Guilt
Larry Ellison, the founder and CEO of Oracle (NASDAQ: ORCL), is one of the most powerful and wealthy executives in the world. He has also set himself up to be judge, jury, and hangman…
The European Labor Unions That Could Destroy Austerity
The government austerity budgets being put into place around Europe have raised the ire of powerful labor unions which have already proven this year that they can disrupt the business and government operations of…
US Companies Have $1 Trillion, But Won’t Spend It, At Least Not On Jobs
Moody’s reports that US corporations have amassed $1 trillion in cash. The document, entitled “U.S. Corporate Cash Hoard Near $1 Trillion, But Unlikely To Be Used for Expansion” explains that these firms view the…
Media Digest 10/27/2010 Reuters, WSJ, NYT, FT, Bloomberg
The Federal Reserve will begin monetary easing shortly. (Reuters) Oracle (NASDAQ: ORCL) CEO Larry Ellison claims he can prove wrongdoing by Hewlett- Packard’s (NYSE: HPQ) new chief executive. (Reuters) The International Energy Agency said…
Apple To Further Delay White Version Of iPhone 4
Like the Ford Model-T, the Apple (NASDAQ: AAPL) iPhone is available in any color as long as it is black. That will be true until spring of next year, so people who want a…
GlaxoSmithKline Papers Over Importance Of $750 Million Government Settlement
GSK agreed to pay $750 million to settle false claims suit over the distribution of some of its drugs. The press statement by the company makes it appear almost as it nothing had happened:…
Hot Apple Rumors Of The Day 10/26
Along with the scuttlebutt about a potential Sony acquisition and chatter about a planned mammoth data center in North Carolina, the Apple rumor sites had some tantalizing tidbits. Here is a sample. Macworld defends…
Is the United States Getting More Corrupt? The Most (And Least) Corrupt Nations In The World
People think that the United States is more corrupt this year than last year, according to Transparency International’s widely followed Corruption Perceptions Index. To be precise, the U.S. scored a 7.1 on the 10…
Airgas Meets Expectations and Rebuffs Takeover Offer Again (ARG, APD, AXE)
Industrial equipment supplier Airgas, Inc. (NYSE:ARG) reported second fiscal quarter 2011 results today that were pretty much in line with expectations. EPS, excluding items, came in at $0.83 on sales of $1.06 billion. That…
Housing Market Crushed: Case-Shiller
Unemployment, falling housing prices, and a relentless increase in foreclosures damaged home prices again, according to August Case-Schiller. Data through August 2010, released by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the…
The Twitter-24/7 Wall St. Market Report 10/26/2010 Ford, Ford, Ford
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…
Today’s Best Market Rumors (10/26/2010) ITA Deal Danger
Updated throughout the day. Online travel companies want to block the Google (NASDAQ: GOOG) buyout of ITA Software (various) Chemical company China National BlueStar, backed by Blackstone, may buy Norway solar company Elkem. (Reuters)…
Ford Become World Class Again, Posts Big Earnings But Weakness Outside US
VW and Toyota (NYSE: TM) have competition from a US car company again–Ford. Ford Motor Company (NYSE: F) Q net income of $1.7 billion, $.43 cents per share, a $690 million improvement from third…
Digg, Once The Darling Of Web 2.0, Near Death
Digg.com was once so important to web 2.0, the spread of information and social media behavior that its executives were often interviewed about the future of news on the internet. Jay Adelson, who founded…
Fed Easing And The Debate Over Inflation
PaulVolcker, the aged former Fed chairman, says that quantitive easing poses little threat to the economy. “Inflation is not a problem right now. It won’t be a problem next year, it won’t be a problem…