My Great Big, Fat Greek Bailout
The bailout of Greece has come down to a very few options: 1) Germany can bail Greece out because it is the one European nation that can afford to, 2) Germany will not bail Greece out…
All Work
Douglas A. McIntyre
Is Everything In The World Broken?: Graco Recalls 1.2 Million High Chairs
Mattel (MAT) toys had lead paint in them. Car companies from Toyota (TM) to Nissan to Honda (HMC) have recalled cars for defects, some of them dangerous. The US Consumer Product Safety Commission announced a…
Old White Men Keep Grip On Corporate Board Room
Ninety percent of S&P 500 companies have a female board member, but few hold chairman’s positions or the top jobs on key committees. The situation is much worse at smaller firms. Only 50% of…
Media Digest 3/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: China will send an envoy to the US to discuss the yuan. Reuters: European carriers who lost money on the Apple (AAPL) iPhone won’t do the same in their deals to sell the…
The Palm Bunt (PALM)
Palm Inc. (NASDAQ: PALM) rose ahead of earnings on short covering with shares posting an unofficial close of $5.65 for a 5.2% gain. The troubled smartphone maker reported earnings at -$0.61 EPS vs -$0.42…
What’s Left of Delta Petroleum After the Sale? (DPTR)
Delta Petroleum Corporation (NASDAD: DPTR) is one of the top market gainers today on news that the independent oil and gas exploration and development company entered into a non-binding letter of intent for a…
BioHealth Business Daily (APPA, ARIA, MDVN, OSIP, SOMX, TEVA)
These are some of the top movers in the world of BioHealth investing. It is usual that drug companies and biotech stocks have major volatility around news and these are examples of that today. …
Filtering Rumors of the Fed Rate Hike
The stock market has become the marketplace of rumors. Now it seems the same is true for the bond market as well. Rumors have been floating around that the Fed may raise the discount…
S&P Next International Bond Downgrade (BWX)
If you think that the credit issue and risk in sovereign debt is going away any time soon, you better think again. A small under-covered downgrade today is something which should be reviewed by…
Defending R-I-M Blackberry versus iPhones (RIMM, AAPL, GOOG)
Research in Motion Limited (NASDAQ: RIMM) has been the envy of many cellphone makers for the last two years. Now you have Apple Inc. (NASDAQ: AAPL) with the iPhone and Google Inc. (NASDAQ: GOOG)…
Democrats Get Weapon Of Mass Destruction For Healthcare Vote
After months of bickering, it looked like the Congressional vote on the Obama-esque healthcare reform package was too close to call. Democrats have been questioning members of their own party to vote with them for…
Toyota (TM) Brands Dominate JP Power Dependability Survey, Discontinued GM Cars Do Well
Toyota (TM) dominated the 2010 JD Power Vehicle Dependability Survey. Granted, the poll looks back over a period of a year. Power describes the methodology as “original vehicle owners were asked to report the type and number of…
Trina Solar Joins Secondary Offering Waves (TSL)
Trina Solar Limited (NYSE: TSL) is joining on the open floodgates of secondary offerings this week. Yesterday we had filings for or pricing in almost 20 deals, and that number is greater now. Last…
Today’s Best Market Rumors (3/18/2010)
Updated throughout the day. GMAC has attracted potential buyers including Wibur Ross, BlackRock (BLK), and Blackstone Group (BX) (Reuters) The Blackstone Group, the Apollo Group and Colony Capital may buy WestLB’s real estate finance unit. (FT) Sprint (S)…
Barnes & Noble (BKS): New CEO, Same Company
Barnes & Noble (BKS) made an odd decision today. It named a new CEO who will probably have no power to run the company. William Lynch comes from HSN where he was head of HSN.com.…
Top Analyst Upgrades and Downgrades (AMD, CAR, BRCM, BKC, CHK, GLW, GED, HBC, INTC, MU, NDAQ, NKE, NVDA, SNV)
These are this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Advanced Micro Devices (NYSE: AMD) Started as Underperform at Macquarie; Removed from Conviction Sell list Goldman Sachs (still…
The Twitter-24/7 Wall St. Daily Stock Watch
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networds in the world. All major media companies have a presence on Twitter and some are…
McDonald’s Pushes The $1 Soda
One dollar for any soda, any size. That is part of the McDonald’s (MCD) plan to get customers to flock to its stores this summer. Coca-Cola (KO) and McDonald’s management are trying to get…
Kraft (KFT) Readies “Sodium Light” Foods A Little Late
It is not lost on food producer Kraft (KFT) that sodium is a major cause of high blood pressure which contributes to the early death of some people. The press has seized on sodium…
Whither The Yuan
The US expressed “real concern” today about the value of the Chinese yuan. The Administration is getting pressure from Congress, unions, and some American companies to force the People’s Republic to allow the yuan to…