Economic Confidence Slides
Confidence in the economy in the early part of September was down from the previous two months and collapsed compared to to the same period last year. “Although economic confidence in the U.S. appeared…
All Work
Douglas A. McIntyre
The Twitter-24/7 Wall St. Market Report (9/14/2010)
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 (8/14/2010)
Updated throughout the day. American International Group (NYSE: AIG) has a plan to reduce government ownership of the insurance company (WSJ) Obama may be about to appoint Elizabeth Warren as head of the consumer…
Consumer Reports Continues To Savage iPhone 4
Now that Apple Inc (NASDAQ: AAPL) has said it will stop giving people a little rubber case to improve reception of the iPhone 4, Consumer Reports is back in the market with a savage…
Investors Nervous About The Markets Head For The Exits
Investors, worried about market volatility, no longer view the purchase and sales of stocks as an even playing field, and are acting accordingly. Events like the “flash crash” have made them unusually nervous. A…
Toyota’s New Fleet Of Hybrids–Obsolete Before They Are Launched
Toyota Motor (NYSE: TM) will launch six new hybrids over the next two years to sit in showrooms with its highly popular Prius. Hybrid sales are modest, making up 15,444 vehicles of the company’s…
Media Digest (9/14/2010) Reuters, WSJ, NYT, FT, Bloomberg
Reuters: American International Group (NYSE: AIG) is at work on a plan to repay its government aid. Reuters: The yen hit a new 15-year high. Reuters: Microsoft’s (NASDAQ: MSFT) new Halo game hopes to…
The Brands That Have Lost The Most Value In The Last Decade
Many of the 100 most valuable brands from 2001, lost much of their value between then and 2009. Many of these brand declines are predictable, given the fate of their sectors. Car companies such…
Rip Van Winkle Wakes To The Recession
Several prominent economist who have apparently been slumbering the last three years suddenly awoke this week and, upon an examination of the global financial situation, said that unemployment was the primary enemy of the…
The Public Pension Bomb Is Set To Explode
In state capitals and universities across the U.S., leaders are facing the unpleasant reality that they don’t have enough money to meet their future pension obligations. States alone are facing a $1 trillion shortfall,…
U.S. Multinational Are Adding Jobs — Overseas
U.S. companies are on a hiring spree though Americans are not benefiting from it in the least. According to Tax Notes, between 1999 and 2008 employment by foreign affiliates of U.S. parent companies soared…
Profits Flying High on US Airways Turnaround
By Robert Herbst Coming next month AirlineFinancials.com estimates US Airways (LCC) will report an all time record 3rd quarter profit of $225 million from $3.2 billion in projected operating revenue. This record high profit and near record…
The Twitter-24/7 Wall St. Market Report (9/13/2010)
This is the Twitter-24/7 Wall St. market report for September 13, 2010. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Today’s Best Rumors (9/13/2010)
Updated throughout the day. Goldman Sachs Group (NYSE: GS) may demote some partners (WSJ) Chinese investors may make a bid for Prudential plc (The Times Douglas A. McIntyre
Get Ready For Avis To Counter Hertz Bid For Dollar Thrifty, Stock Trades Above Offer
Money is cheap and deals are getting expensive. Hewlett-Packard (NYSE: HPQ) has overpaid for 3PAR (PAR) and ArcSight, at least based on their balance sheets and cash flow. HP could say that the deals…
YouTube Hopes To Reinvent Itself With Live Streaming
YouTube will undertake one of the most ambitious projects in its history. The largest video website in the world will begin to test live streaming of content. In its blog, the Google Inc. (NASDAQ:GOOG)…
BP Expects Oil Spill Costs To Be Under $20 Billion, As Panic About Spill Recedes
BP plc (NYSE: BP) may want to halt the sale of its assets in Prudhoe Bay and Russia. The company has told Citigroup analysts that it does not even expect to spend the $20…
Tax Reform And The Future Of GDP
Economists who specialize in the effects of taxes on GDP had often made a simple and rational forecast. Tax rates would rise in 2011 because individuals and businesses assumed that tax cuts implemented during…
Why Basel III Won’t Work
The new bank capital rules for large multinational banks, called Basel III, may seem to set rules that will prevent another global credit catastrophe similar to the one in 2008. But, its full implementation…
24/7 Wall St.’s Corporate Power Rankings: Week 35
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…