Nissan’s Big New Hybrid
Nissan’s flagship brand is Infiniti which competes with BMW, Mercedes, the Lexus brand of Toyota (NYSE: TM), and the Acura brand of Honda (NYSE: HMC). The Cadillac brand of GM needs to be added…
All Work
Douglas A. McIntyre
An Apple Buyout Of Sony?
Sony (NYSE: SNE) shares have moved up recently on rumors that the company might be bought by Apple Inc. (NASDAQ: AAPL). Apple could easily afford the deal. It has over $50 billion of cash…
Nine Great Brands That Had To Change Their Name
Many companies keep the names that they used to brand themselves when they were founded. Firms such as Ford (NYSE: F) and Apple (NASDAQ: AAPL) may have changed their corporate names slightly (Apple Inc.…
Media Digest (10/26/2010) Reuters, WSJ, NYT, FT, Bloomberg
Reuters: American International Group (NYSE: AIG) CEO Benmosche has cancer. (Reuters) Ford Motor (NYSE: F) may post record profits. (Reuters) William Dudley of the New York Fed said the central bank could support the…
Has Netflix Found The Internet Video Holy Grail?
Netflix Inc. (NASDAQ:NFLX) is in the middle of the oldest dilemma on the Interne: how to make money doing cool stuff. It’s the old “why buy the cow when you can get the milk…
National Association of Realtors: A Housing Recovery Or A Mirage?
The National Association of Realtors says exiting home sales rose a strong 10% in September. Existing home sales includes single-family, townhouses, condominiums and co-ops. The figure was a seasonally adjusted annual rate of 4.53 million…
The Broad Commodity Boom Is a Negative Economic Signal
By John Tamny of Forbes Some economic commentators have decided that commodities hitting record highs across the board is a signal of a growing global economy. Their argument might be true if the rise…
The Twitter-247 Wall St. Market Report 10/25/2010 Geithner Visits China
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 (10/25/2010) B of A Mortgages, Adobe Free
Updated throughout the day. Bank of America (NYSE: BAC) has found a number of errors in its mortgages (WSJ) Adobe (NASDAQ: ADBE) will try to stay independent. (Financial Times, Germany) The President’s deficit reduction…
Consumer Holiday Spending To Drop Again This Year
The average American consumer plans to spend less on holiday gifts this year, according to a new Gallup poll. Gallup’s initial measure of Americans’ 2010 spending intentions found that people plan to spend about $715…
Strikes Against Austerity May Cost France Over $200 Million A Day
Labor strikes in France, aimed to get the government to reverse plans for pension cuts and a higher national retirement age, may have cost the nation $200 million in lost business a day. “Beyond the…
Sony Finally Kills The Walkman
Sony lost the spot as the leader in portable music players when it failed to create a product like the Apple Inc. (NASDAQ: AAPL) iPod in 2000. Apple was still a small, weak company.…
Will Car Rentals Be In The Future Of Automaker
The world of car driving would change a great deal if vehicle manufacturers began to compete against rental companies, which are the auto companies’ largest customers. BMW will begin to rent cars in Germany.…
How Do People Make Ends Meet?
It will take decades to calculate the damage caused by the Great Recession, but there is little doubt that even those lucky enough to have jobs are struggling. For young people starting their careers,…
Media Digest (10/25/2010) Reuters, WSJ, NYT, FT, Bloomberg
Reuters: What might have become a currency war before the G20 has turned to very tentative cooperation. Reuters: Emerging nations will have more say in IMF policies. WSJ: Bank of America (NYSE:…
What is “Quantitative Easing,” and Why Should We Care?
Retirees are struggling right now because investment returns are so low that their pensions and IRAs are not producing enough interest income to meet their expenses. Stock prices are where they were 10 years…
G20 Makes Tepid Statement On Currency Exchange Rates
The G20 finance ministers meeting in Korea issued a lukewarm endorsement of the obligations of each nation to prevent the use of its currency as a trade weapon. The statement has not teeth and…
Fitch May Cut Ratings Of Large Banks
Financial regulatory measures may have finally caught up to the ability of some large banks to stabilize their balance sheets. This problems sits side-by-side with the foreclosure document scandal which has left financial firms…
Fast Casual Dining is a Winner (CMG, CAKE, BJRI, PNRA, BWLD, MCD)
Consumers who might remain unconvinced about an economic recovery still have to eat. And not all of them are eating at fast food restaurants. Chipotle Mexican Grill, Inc. (NYSE:CMG) reported a third-quarter sales increase…
The Ten Biggest Philanthropists of the Decade
Individual philanthropy has been at the heart of American culture since its founding. Considered the oldest charity founded in America, the St. George Society, provided aid to impoverished colonists before the Declaration of Independence…