The Goldman Sachs Share Price And The Wisdom Of Crowds
There has not been any collapse of the prospects of Goldman Sachs Group (NYSE: GS), at least as far as traders are concerned. At $158.85, the stock trades well above its lows last February…
All Work
Douglas A. McIntyre
Netflix, Starbucks And The Resurrection Of The Middle Class
Starbucks (NASDAQ: SBUX) climbed another rung on the ladder of its recovery. The run of ever-spectacular results at Netflix (NASDAQ: NFLX) continues.The results of the two companies met at the crossroads of the new optimism of…
Chinese Demand for Oil Keeps Growing
For the seventh consecutive month, Chinese demand for crude oil has increased by double digits over demand just one year ago. Demand in March grew by 12.8% year-over-year. The demand increase has been driven…
IMF World Economic Outlook: Cloudy With A Chance Of Rain
The International Monetary Fund is out with its latest World Economic Outlook. The document goes to great lengths to contradict itself, leaving the reader to wonder if the global financial situation is getting better…
Ag Machinery & Construction Equipment On The Rebound (CAT, DE, CNH)
Recent earnings reports from machinery makers Caterpillar Inc. (NYSE:CAT) and Deere & Co. (NYSE:DE) have been weak, but getting better. Caterpillar reported fourth-quarter and full-year 2009 earnings in January and Deere reported first quarter…
The New Bloomberg.com: Another Fast Horse In Financial Site Race
Bloomberg LP has the sales and news service to field one of the best financial websites in the country. Analysts estimate that the site’s parent had revenue of $6.25 billion in 2009 and that…
Chrysler: Losing Money Is Never Good News
The pig was out at Chrysler and so was the red lipstick. The floundering US car company presented the case that its $197 million loss in the first quarter was perfectly fine.The firm also…
Today’s Best Market Rumors (4/21/2010) SEC’s New Goldman Problem
Updated throughout the day. The government has testimony from a Paulson & Co. official that could contradict its own claims against Goldman Sachs. (CNBC) Google (NASDAQ: GOOG) will buy ITA Software for $1 billion…
McDonald’s: Cheap Eats Win Again
The appeal of McDonald’s (NYSE: MCD) cheap, quality food can never be underestimated even as the economy emerges for a recession that drives people to inexpensive restaurants. Revenue at the fast food company rose 10%…
AT&T Results Turn Sour: IPTV and Wireless Fade
AT&T (NYSE: T) is running out of new wireless customers to convert. It added only 1.9 million wireless subscribers in the last quarter to push its total to 87 million. The explosive growth in Apple,…
The Twitter-24/7 Wall St. Stock Market Report 4.21
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…
Boeing’s Bad Luck Continues: Incompetence Overcomes Headwinds
Boeing (NYSE: BA) is finally close to being out from under the years of delays of the launch of its flagship Dreamliner. Supplier, labor, and poor technical coordination caused half a dozen delays while customers…
Misleading Research: Americans Now Prefer American Cars
American cars have now passed their Asian competitors in the quality race among US consumers. The new Associated Press-GfK Poll shows that “38 percent say U.S. cars are best and 33 percent prefer autos made…
Volcano Costs To Airlines Reach $1.7 Billion, Some Carriers In Jeapordy
The cost of the Iceland volcanic eruption to airlines has reached $1.7 billion and it has risen at a rate of $400 million from April 17 to 19 period. Some of Europe’s largest airlines…
Apple Prepared To Pass Microsoft As Second Most Valuable US Company
Over the last year as Apple’s (NASDAQ: AAPL) sales have grown and expectations for its new products have blossomed, the company’s market value has increased by more than double as its stock price moved from…
Media Digest (4/21/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Paulson & Co defended itself in its role in the Goldman Sachs Group (NYSE: GS) charges. Reuters: Google, Inc. (NASDAQ: GOOG) may buy ITA which provides airline flight data. Reuters: Yahoo! (NASDAQ: YHOO)…
“Equal Pay Day” And The Myth Of Compensation Equality
Across the measurements of job equality, it is remarkable how little improvement there has been for women over the last decade. Pay parity is both made and born at least as it affects the annual compensation of women and minorities.…
The Month’s Biggest Index Gainers : Broadcast TV, Newspapers and Magazines, and Real Estate Development
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in broadcast TV, newspaper and magazines, and in real estate development. Broadcast TV stocks are up 27.6% in the…
Offshore Wind Farms Are Moving To America
The US has no offshore wind power generation capability — yet. That could change by the end of this month as US Interior Secretary Ken Salazar has promised a decision on the long-delayed Cape…
Yahoo! Net Up On Cost Cuts, Prepares For Battle With AOL, Facebook
Yahoo! (NASDAQ: YHOO) had a large advance in net income in the quarter ending March 31. EPS rose from $.08 to $.22 in the last period. Net income was $313 million up from $118…