All Work

Douglas A. McIntyre

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…

Douglas A. McIntyre · 17 years ago

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…

Douglas A. McIntyre · 17 years ago

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…

Douglas A. McIntyre · 17 years ago

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…

Douglas A. McIntyre · 17 years ago

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…

Douglas A. McIntyre · 17 years ago

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…

Douglas A. McIntyre · 17 years ago

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)…

Douglas A. McIntyre · 17 years ago

Asia Markets And Europe Open (3/4/2010)

Markets in Asia fell. The Nikkei was down 1.1% to 10,146. Toyota (TM) moved up over 3%. The Hang Seng was off 1.4% to 20,576. China Unicom (CHU) fell and HSBC (HBC) rose. The Shanghai Composite dropped…

Douglas A. McIntyre · 17 years ago

The Below Average CEO: John W. Chidsey, Burger King

Average: “an estimation of or approximation to an arithmetic mean”–Webster Burger King (BKC) is the perennial also-ran in the fast food market in which its runs well behind McDonald’s (MCD). Burger King’s shares have underperformed those…

Douglas A. McIntyre · 17 years ago

National Employee Morale Day At Take-Two Interactive (TTWO)

Video game publisher Take-Two Interactive (TTWO) announced better than expected earnings today but also said it would need to cut its staff. Net revenue for the first fiscal quarter was $163.2 million, compared to…

Douglas A. McIntyre · 17 years ago

Beige Book… A Hint of Things Better

The Federal Reserve has issued its most recent Beige Book, which does not really sound that much different from from many of the notes from the latest FOMC minutes.  The Fed noted slight improvement…

Douglas A. McIntyre · 17 years ago

Greek Stock Proxy: Austerity Plan Falls Short (NBG)

Every time there is news from Greece about its debt woes, the first place to look for a reaction on how it will play out for U.S. investors and traders it seems to be…

Douglas A. McIntyre · 17 years ago