All Work

Douglas A. McIntyre

Today’s Best Market Rumors (11/17/2009) New Bid For Cadbury

Updated throughout the day. Updated 4.06 PM EST:  “U.S. chocolate giant Hershey Co. has been in high-level talks with Italian chocolate maker Ferrero Spa to possibly craft a rival joint bid to Kraft Foods…

Douglas A. McIntyre · 17 years ago

Exposing the Myths About China and the Yuan

By John Tamny of Forbes   “Money is nothing but a medium of exchange…” – Ludwig Von Mises, The Theory of Money and Credit, p. 31 By John Tamny   President Obama’s arrival in…

Douglas A. McIntyre · 17 years ago

Semitool Becomes Part of Applied Materials (SMTL, AMAT)

Semitool, Inc. (NASDAQ: SMTL) has become the perfect fit for Applied Materials, Inc. (NASDAQ: AMAT).  Applied has decided to acquire the maker of multi-chamber single-wafer and batch wet chemical processing equipment used in the…

Douglas A. McIntyre · 17 years ago

Mortgage Loan Deliquencies Move Up Toward All-Time Record

Mortgage loan delinquency (the ratio of borrowers 60 or more days past due) increased for the 11th straight quarter, hitting an all-time national average high of 6.25 percent for the third quarter of 2009,…

Douglas A. McIntyre · 17 years ago

Transportation Companies Expect Huge Stimulus Windfall

New research indicates that transportation companies will benefit the most from the government’s huge stimulus investment in infrastructure. According to a new ChangeWave survey of 313 people who work for companies involved with infrastructure projects…

Douglas A. McIntyre · 17 years ago

Did NY Fed Cost Taxpayers Billions?

There are two sides to every story, and sometimes three, four or five. An audit by the Special Inspector General for the Troubled Asset Relief Program claims that the Federal Reserve Bank of New…

Douglas A. McIntyre · 17 years ago

The Pay Czar Blinks, A Little

The pay czar, Kenneth Feinberg, is tough man. He has forced firms that have taken TARP money to sharply drop the base salaries of their senior managers. Executives will have to take more of…

Douglas A. McIntyre · 17 years ago

Unemployed, But Still A Homeowner

There were two speeches by senior members of the US government about unemployment yesterday. The one that received the most attention was Federal Reserve chief Ben Bernanke’s talk at the Economic Club of New…

Douglas A. McIntyre · 17 years ago

Media Digest 11/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The head of GMAC quit. Reuters:   Microsoft (NASDAQ:MSFT) co-founder Paul Allen has cancer. Reuters:   The Fed will keep rates low. Reuters:   Lehman sued Barclays (NYSE:BCS) over a “wind fall” profit on assets.

Douglas A. McIntyre · 17 years ago

Asia Markets And Europe Open 11/17/2009

Markets in Asia were mixed. The Nikkei fell .6% to 9,730. Sony (NYSE:SNE) dropped. The Hang Seng was down .1% to 22,914. The Shanghai Composite rose .2% to 3,283. At the open in Europe,…

Douglas A. McIntyre · 17 years ago

Dry Bulk Shipping Stocks Rally

Tickerspy’s Dry Bulk Shipping Stock Index (*DBULK) rose 5.1% today, beating the S&P 500 by 1.3.%.  Dry shipping stocks were given a boost by upgrades today.  Deutsche Bank upgraded Genco (NYSE: GNK), Euroseas Ltd…

Douglas A. McIntyre · 17 years ago

52-Week High Club (FDX, LNY, MRK, GOOG)

FedEx Corp. (NYSE: FDX) over 3% to a yearly high of $84.92.  Barron’s reported that the package delivery company may rise as high as $100 dollars according to a survey of investors and analysts.…

Douglas A. McIntyre · 17 years ago

Unemployment: Then (1982) And Now

Fed Chairman Ben Bernanke commented today that he was concerned that the recovery will not be strong enough to support job growth next year. While the current recession in the United States has yet to be declared…

Douglas A. McIntyre · 17 years ago

Verisk Analysts, Lackluster Initiations (VRSK)

Verisk Analytics, Inc. (NASDAQ: VRSK) is seeing some very cautious or at least unexciting analyst initiations now that its quiet period has ended.  This post-IPO has at least held its value, which is more…

Douglas A. McIntyre · 17 years ago