Finger Pointing Begins In Cyber Attack Wars
The head of the FBI said that cyber attack threats to US companies and the federal government are not strictly from groups in large nations such as China and Russia. Terrorists are increasingly turning…
All Work
Douglas A. McIntyre
China Loses Some Of Its Ambition
Many economists and experts at the IMF and World Bank have said that China’s GDP growth could be over 10% this year. That is based on the increased demand for consumer goods among China’s growing…
Media Digest 3/5/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The House passed the $15 billion jobs bill. Reuters: China will slow government stimulus spending. Reuters: Toyota (TM) said there is no evidence of unintended acceleration in fixed cars.
Asia Markets And Europe Open (3/5/2010)
Markets in Asia were higher. The Nikkei rose 2% to 10,348. Sony (SNE) rose sharply. The Hang Seng was up .6% and the Shanghai Composite rose .1%. Data from MarketWatch. Douglas A. McIntyre
The Parthenon Is For Sale
The Parthenon was built in 432 BC. It is priceless. The site brings in a lot of tourist dollars, but it more than a source of capital; it is a national treasure like the…
Is a New MSN Layout The Answer? (MSFT, YHOO, GOOG)
I was looking through my emails this morning and saw the change that has long been on the way… A new MSN is coming. Microsoft Corp. (NASDAQ: MSFT) has its search pact with Yahoo!…
KB Home Loses Ron Burkle (KBH)
KB Home (NYSE: KBH) is losing a very prestigious name on its Board of Directors. The company just announced that Ron Burkle will not stand for re-election to KB’s Board of Directors at the…
Sony Prepares For A Come-From-Behind Defeat
The Holy Grail of consumer electronics devices is one that would combine the best features of the Apple (AAPL) iPad, iPod, and iPhone. Sony (SNE) means to introduce products to challenge the Jobs &…
Tower Automotive, Tower International IPO Filing
Tower International, Inc., or Tower Automotive LLC, has just filed to come public in an IPO. The company does not list any shares or or terms and did not list an exchange or a…
PC Sales Will Grow This Year, But How Many Will Be Given Away?
It has been expected for some time that global PC sales would rise this year as the economy recovers and the demand for Microsoft (MSFT) Windows 7 causes people and business to replace existing machines…
Pending Home Sales Hit By Thor’s Hammer
During the last month, there has been a great deal of bad news about housing, foreclosures, and default rates. And, there has been almost no good news to offset it. Pending home sales added to…
52-Week Lows Soon Gone in Tech (AMZN, AAPL, CSCO, GOOG, INTC, MSFT ORCL, RIMM, SNDK)
The 52-week low search is a common tool used by value investors, momentum investors, growth investors, and traders in various price screens to help decide when to a buy or sell a stock. The…
Weekly Jobless Data Prelude to Confusing Unemployment Report
The weekly jobless claims from the U.S. Labor Department showed a decline from the week before. The weekly claims fell by a 29,000 adjusted figure to 469,000 claims after last week’s figure was moved…
Today’s Best Market Rumors (3/4/2010)
Updated throughout the day. Updated: 11.32 AM Eastern: Vonage (VG) may be bought, by AT&T (T)? Redhat (RHT) may be bought by IBM (IBM). Cree (CREE) may buy Nanometrics (NANO) (Barron’s) Prudential plc is…
Top 10 Analyst Upgrades and Downgrades (BBT, BA, KO, FDX, FITB, MDVN, OVTI, RCL, ZUMZ, DIS)
These are the top ten analyst calls we have seen in upgrades, downgrades, and initiations from Wall Street research calls this Thursday morning: BB&T Corp. (NYSE: BBT) Raised to Outperform at Bernstein. Boeing Co.…
Hacker Ring Steals Data From Half Of America’s 1000 Largest Firms
Internet security, whether it is provided by software companies or the government, is not very good. Law enforcement groups have finally shut down the Mariposa botnet which is one of the world’s largest networks…
Prius Sales Accelerate In Japan
The market may have overestimated the effects that Toyota’s 8.5 million global vehicle recall would have on the company’s future sales. In the US, the Japanese car company only sold 10% fewer units in…
Greece To Raise 3 Billion-5 Billion Euros In Junk Debt, Maybe
Greece has decided to raise three billion to five billion euros through a 10-year bond. The country has hired several banks including Barclays (BCS) and HSBC (HBC) to handle the transaction. The bonds have not been…
The Really Big Suits Against Toyota Begin In Earnest
Toyota (TM) got a small taste of things to come. The company already faces a raft of class action and liability suits. Now, a suit which involves the crash of a Lexus ES 350…
Media Digest (3/4/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The Senate rejected a plan to send $250 to the elderly. Reuters: Obama is still pushing the Volcker rule. Reuters: The Facebook CEO is in no rush for an IPO. Reuters: Toyota (TM)…