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…
All Work
Douglas A. McIntyre
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…
Major Stock Indices Still Well Below All-Time Highs
The DJIA is up 70% over the last year and the NASDAQ has almost doubled. But, most market indices are still down 15% to 25% from their late 2007 highs. Some traders speculate that…
IMF Says Financial System Is Better, But Not Really
The good news from the IMF April Global Stability Report is that worldwide bank write-down should be $2.3 trillion and not the $2.8 trilion that the agency estimated last October. The IMF said that the improvement was…
FDA Gets Pushed On High Salt Content In Food
The pressure on the FDA to take measure sthat would lowere the salt content of food increased today. According to the AP, “the prestigious Institute of Medicine said the food industry hasn’t done enough…
Ernst & Young Gets Pulled Into Lehman Ugliness
There have been questions about the role of Lehman Bros auditor Ernst & Young since an investigation into the bankruptcy done by an independent party–Anton R. Valukas, Chairman of Jenner & Block — was…
Apple App Store Has Lost $450 Million To Piracy (Update), What About The iPad?
Website Vimov says that Apple, Inc (NASDAQ: AAPL) iPad apps may create a billion dollar industry by 2012. Vimov writes, “if the iPad App Store were to be like the iPhone’s, then 40-60% of…
The Final Stake To The Heart? Greek Unemployment Spikes
It is simple math. High unemployment drives up government support costs to the jobless, and undermines consumer spending. Greece announced today that its unemployment rate rose to 11.3%. That is only modestly high than…
Today’s Best Market Rumors (4/20/2010)
Updated throughout the day. American International Group (NYSE: AIG) may sue Goldman Sachs Group (NYSE: GS) over $2 billion in losses on insured derivatives. Google Inc’s (NASDAQ: GOOG) password system was broken into by…
The Twitter-24/7 Wall St. Stock Market Watch
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…
Goldman Sachs Crushes Estimates As Critics Stew, Firm Appears To Moderate Compensation As UK Starts New Probe
Goldman Sachs Group (NYSE: GS), in the shadow of an SEC investigation, beat earnings estimates handily. It was not a surprise after Citgroup Inc. (NYSE:C), Bank of Americ (NYSE: BAC), and JPMorgan Chase (NYSE: JPM) posted strong…
Another Delay In iPad Shipments
Due to demand that drove iPad sales in the US to more than 500,000 units, the company had to delay the launch of the product overseas until May 10. That does not seem to have…