Alaska Air: The Industry Jewel
The Southwest (NYSE: LUV) plan to buy AirTran (NYSE: AAI) for a 60% premium has pushed up the stock prices of all the small carriers. JetBlue (NASDAQ: JBLU) was up less than 6% at…
All Work
Douglas A. McIntyre
The Twitter-24/7 Wall St. Market Report (9/27/2010) M&A: Southwest, Unilever
Twitter has, by most estimates, 100 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 (9/27/2010) BMW Engines, Disney Distribution
Updated throughout the day. American International Group (NYSE: AIG) is close to a deal to make good on its obligations to the Treasury. (Reuters) BMW and Saab may set up an engine building and…
Pre-Market Movers 9/27/2010 (AAI)(LUV)(JBLU)
AirTran (NYSE AAI) is up 64% on an buyout offer from Southwest (NYSE: LUV) JetBlue (NASDAQ: JBLU) is up 10% in sympathy with AirTran Southwest Air down 3% on plans to buy AirTran. LDK…
Analyst Upgrades/Downgrades (9/27/2010) (NOK)(STP)(STP)
Moody’s downgraded the senior debt rating of Anglo Irish Bank by three notches to Baa3 from A3. Hapoalim Securities negative on Trina (NYSE: TSL)–hold– and Solartech Power (NYSE: STP)–sell. Sanford Bernstein takes Nokia (NYSE:…
Developers Desert Apple For Android At Rapid Pace
Apple may have the largest application store in the world with 200,000 apps and nearly 4 billion downloads. But, software developers see Google’s (NASDAQ: GOOG) Android as the mobile platform of the future and…
The China Chicken Trade Wars
The Chinese Ministry of Commerce plans to put a levy on broiler chicken parts sent to the most populous nation in the world by American poultry farmers. The tariffs could be as high as…
The New Wave Of Super-Rich Wall St. Executives
The Wall Street austerity of 2008 and 2009 has quickly given in to a bounty of riches for the top tier of management at large financial firms. Proxies showed this began late last year.…
America’s Ten Most Innovative Companies
The term “innovation” is difficult to quantify when it comes to large companies across different industries. 24/7 Wall St. chose to look at global patent filings, filings by field, and increases in R&D spending…
24/7 Wall St.’s Corporate Power Rankings: Week 37
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
Media Digest 9/27/2010 Reuters, WSJ, NYT, FT, Bloomberg
Reuters: American International Group (NYSE: AIG) and the Treasury are closer to a deal to recoup the taxpayers’ investment in the insurer. Reuters: China said movement on a bill to force revaluation of the…
Hyundai Recalls Nearly 140,000 2011 Sonatas, No Mention On Website
Hyundai has been the fastest growing car company in the US over the last two years. It has matched high quality with low prices, much as Japanese manufacturers did for three decades. The company’s…
Short Interest In Telecom And Tech Rises
Short sellers increased their positions in a number of telecom and tech stocks. Shares sold short in AT&T (NYSE: T) rose 14% to 58.2 million. The short interest in Verizon (NYSE: VZ) rose 15.6%…
Jeff Zucker Should Have Been Fired Long Ago
In a move that should have surprised no one, Comcast Corp. (NASDAQ: CMCSA) said today that it was replacing Jeff Zucker as head of NBC Universal once the business is sold by General Electric…
House Ways And Means Plans To Seize Yuan Issue
The House Ways and Means Committee rejected arguments by China and some economists that the manipulation of the yuan has been harmless to US trade. China recently stated that America could no longer be…
College Graduates Are Really Screwed
Attention college seniors: it’s an awful year to graduate college. Anyone with a brain knows that given the state of the economy but the Brookings Institution recently spelled it out in frightening detail.…
How Apple Hammers The Competition
The success of the company is particularly spectacular because it is largely a four-product enterprise, consisting of the iPad, iPod, Mac, and iPhone. It also produces a suite of supporting software that includes its…
Home Sales Remain In Crater
Sales of new single-family houses in August 2010 were at a seasonally adjusted annual rate of 288,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and…
The Twitter-24/7 Wall St. Market Report (9/24/2010) Gold Price, Durable Goods
Twitter has, by most estimates, 100 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 (9/24/2010) Buy-Out Targets, GM
Updated throughout the day. ARM Holdings (NASDAQ: ARMH) is a buy-out target (various) Tibco (NASDAQ: TIBX) is a buy-out target (Barron’s) Japan may further intervene in financial markets to affect the price of the…