Bernanke Predicts 2010
Fed Chairman Ben Bernanke is spoke today in a speech to the Economic Club of New York which gives the bulls and the bears plenty of ammunition to support their ongoing cases. Bernanke told…
All Work
Douglas A. McIntyre
How High Are Intel Dividend Aspirations (INTC)
Intel Corporation (NASDAQ: INTC) is defying the old status quo of big technology companies which do not pay what most would consider real dividends. Today’s quarterly dividend hike to $0.1575 from $0.14 is far…
Lowe’s (LOW): Hope Gets In Your Eyes
One word from a CEO can obscure an entire earnings reports. Home improvement giant Lowe’s (NYSE:LOW) reported lackluster earnings. However, its chief Robert A. Niblock said, “We are beginning to see signs of improved performance…
Bristol-Myers Cleans Up on Mead Johnson (BMY, MJN)
Bristol-Myers Squibb Company (NYSE: BMY) is going to completely separate itself from its holdings in Mead Johnson Nutrition Company (NYSE: MJN). The company expects that the split-off will be a tax-advantaged way to divest…
Top Day Trader Alerts (C, DELL, NLST, NABI, PARD, RVSN, CSCO, S)
These are this Monday morning’s top day trader and active trader alert stocks. We have a link through to each stock at VSInvestor.com with more detailed analysis and data. Citigroup, Inc. (NYSE: C) is…
Today’s Best Market Rumors (11/16/2009) (DVN)(NVDA)(C)(AAPL)
Updated throughout the day. Updated 12.43 PM EST: Apple may hire its own video game developers to create iPhone and iPod products (Apple Insider) Updated 11.57 AM EST: Devon Energy (NYSE:DVN) may sell its…
Top 10 Analyst Upgrades, Downgrades, Initiations (CADX, COH, DELL, HTE, JWN, RIMM, S, STP, URI, VRSK)
These are the top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls early this Monday: Cadence Pharmaceuticals (NASDAQ: CADX) Cut to Perform at Oppenheimer. Coach Inc. (NYSE: COH)…
CNN Paid Lou Dobbs $8 Million To Leave
Lou Dobbs and his ranting and raving about immigration and whether the president was born in the US finally cost him his job. He and his employer CNN spun it differently. Dobbs implied that…
Amazon (AMZN) And MasterCard (MA) Turn To Social Networks For Holidays
The use of social networks to sell products and services gets more complex by the day. The latest scheme to tap into the swarms of people who congregate at Facebook is a program from…
Cisco’s (CSCO) Tandberg Gamble That Video Quality Pays
Cisco (NASDAQ:CSCO) has decided to gamble that it can get reluctant Tandberg shareholders to support a buyout of their company by raising its offer to $3.4 billion. That is a 10% improvement over Cisco’s previous…
Japan GDP Moves Up At 4.8% Annual Rate
By Douglas A. McIntyre Japan’s GDP rose at an annual rate of 4.8% in the quarter ending September 30th. Most analysts had forecast a figure below 3%. It is not entirely clear how much…
Sony (SNE) Throws Cold Water On The Holidays
Sony (NYSE:SNE) expects its holiday sales to be poor. That is terrible news for the consumer electronics and PC industries. Sony is a nearly perfect proxy for those sectors. It sells PCs, video games, TV screens,…
GM Will Start To Repay US And Continue Installments Next Year
GM will make a $1.2 billion payment to the US and Canada on its $6.7 billion senior note from the Treasury and Canadian government, probably in December. The $6.7 billion is the entire sum of money…
Media Digest 11/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The Ohio Attorney General is suing a number of Wall St. firms. Reuters: GM will start to repay part of its debt to the US. Reuters: Citigroup (NYSE:C) will sell Bellsystem to Bain.…
Asia Markets And Europe Open (11/16/2009)
Most markets in Asia rose sharply. The Nikkei was up .2% to 9,791. Mitsubishi UFJ (NYSE:MTU) fell. The Hang Seng rose 1.7% to 22,944. The Shanghai Composite was up 2.7% to 3,275. At the…
Google (GOOG) Settles With Authors, Publishers
Google (NASDAQ:GOOG), book authors and publishers had until midnight to provide a federal court with a plan to settle their differences on how the search engine digitizes and charges for books. The group waited…
Apple: Court Rules Psystar Cannot Sell Mac Knock-Offs
In a court case that began last year, Apple (NASDAQ:AAPL) charged the young upstart Psystar, which makes Mac knock-offs, with a host of copyright and trademark violations. The venerable computer and consumer electronics company…
Earnings Duel on Deck: Lowe’s vs. Home Depot (LOW, HD)
This week’s earnings calendar is going to be dominated by retail earnings. Early in the week you have the home improvement and building material wars with earnings first out of Lowe’s Companies Inc. (NYSE: LOW)…
24/7 Wall St. TV: China Pushes US To Raise Interest Rates Which Would Undermine Recovery
The Federal Reserve and most economists believe that keeping US interest rates at near zero has been critical to the recovery of the American economy. Even with rates at historically low levels, banks and…
24/7 Wall St. TV: Should Starbucks (SBUX) Serve The Deranged?
Starbucks (NASDAQ:SBUX) is s fine place for the homeless and deranged to spend their time. The purchase of one cup of coffee gives them access to comfortable chairs, bathrooms, and music for hours the…