Newspapers Cut To Black
Not too many years ago, one senior newspaper executive said that there was nothing wrong with cutting costs but that, eventually, a company could cut so much that it would disappear up its own…
All Work
Douglas A. McIntyre
The Twenty Companies That Wall St. Can Trust The Least
Wall St. likes financial statements that give it deep insights into a company’s operations, especially its liabilities. It likes boards that make sure shareholders get as complete a picture as possible of a firm’s…
Apple’s Tablet Computer: The DVD Killer
The music industry never saw the Apple (NASDAQ:AAPL) iPod coming. The iPod was an expensive toy when it was introduced in 2001. There was no reason to think it would do well. Digital multimedia…
Short Interest Up In Financials, Mixed In Tech (FRE)(CIT)(EBAY)(INTC)
Short interest in a number of major financial firms rose for the period ending October 15. Shares short in Citigroup (NYSE:C) rose 51% to 178.1 million. The short interest in CIT (NYSE:CIT) was up…
Media Digest 10/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: UBS (NYSE:UBS) will put in a new US chief. Reuters: Goldman Sachs (NYSE:GS) says “dark pools” help investors. Reuters: The US is welcoming the rise of the yuan. Retuers: Nelson Peltz’s board seat…
Asia Markets (10/27/2009)
Markets in Asia were sharply lower. The Nikkei fell 1.5% to 10,212. Honda fell (NYSE:HMC). The Hang Seng was down 1.7% to 22,197. China Life (NYSE:LFC) rose. The Shanghai Composite was down 2.8% to…
Auctioning Off Central Park
Rumor has it that several auctioneers collapsed from exhaustion during the four-day process of selling 9,000 homes and properties which have been seized by tax collectors in Wayne Country, Michigan. Detroit sits inside the borders…
The DryShips Earnings Anchor (DRYS)
DryShips Inc. (NASDAQ: DRYS) posted what some may take as mixed earnings despite the stock’s reaction in the after-hours session. The headline figure looked disappointing at first with a report of $35.6 million net…
When Special Dividends Don’t Deliver (MOS, MOO)
Sometimes special dividends make sense, and sometimes they do not. Mosaic Co. (NYSE: MOS) traded lower most of the trading day after the fertilizer and potash giant declared a special cash dividend of $1.30…
DryShips Earnings on Deck (DRYS)
DryShips, Inc. (NASDAQ: DRYS) is set to report earnings this afternoon. Calling this one the more volatile stocks in a volatile space would be redundant at a minimum. While we are cautious in about…
Applied Materials Still Expanding Solar (AMAT, FSLR)
Applied Materials, Inc. (NASDAQ: AMAT) appears to not be slowing down on its solar ambitions, or at least not as much as we might have all guessed about six months ago when new expansions…
New York Times (NYT) Loses Over 7% Of Circulation, Washington Post (WPO) Down 6%
Daily circulation at the nation’s newspapers dropped 10% for the six months ending September 30 according to industry measurement service Audit Bureau of Circulations. It is not clear whether newspapers are helping themselves by…
SPAC Dealsheet Changes Continue (CLA, NAQ, IDI, TMI)
SPACupdate.com provides daily reports and e-mails covering blank checks, their targets and relevant trading data. Monday and Tuesday, a pair of mergers will go to shareholders for a vote. Capitol Acquisition Co. (AMEX: CLA)…
Today’s Best Market Rumors (10/26/2009) (ATVI)(BP)(BX)(NFLX)(BAC)
Updated throughout the day. Updated 10.53 AM EST Activision-Blizzard (NASDAQ:ATVI) “Guitar Hero 5″ is selling poorly. (Barron’s) Update 9.47 AM EST: BP’s (NYSE:BP) new chairman will make significant changes to the oil company’s board. …
Top Day Trader Alerts (FITB, STI, CIT, AMZN, BCRX, LM)
This morning you are getting the broader summaries without links to VSInvestor.com because of an issue at the hosting and publishing side that has caused a temporary outage. Here are brief morning movers: Fifth…
B of A And Citi Top Managers Earn $18 Million Each
Bankers have become more and more adroit at shooting themselves in the foot this year. Congress, the Administration and the public are already upset by actions that they believe caused the credit crisis, forcing…
The Impressive Absurdity of Insider Trading Rules
by John Tamny of Forbes In the past week reports about alleged “insider trading” on the part of billionaire Galleon Group founder Raj Rajaratnam have been splashed all over the pages of major financial…
Top 10 Analyst Upgrades, Downgrades, Initiations (BHP, DFG, FITB, GNTX, HRB, INTU, POT, RTP, RVBD, STI)
These are this Monday’s top ten analyst calls from Wall Street for upgrades, downgrades, and initiations: BHP Billiton (NYSE: BHP) Started as Neutral at HSBC. Delphi Financial (NYSE: DFG) Started as Outperform at KBW.…
T-Mobile Offers Everything Free To Battle AT&T, Sprint, And Verizon
The T-Mobile US division of German telecom giant Deutsche Telekom (NYSE:DT) has run a distant fourth in cellular subscribers in America well behind AT&T (NYSE:T), Sprint (NYSE:S), and Verizon Wireless (NYSE:VZ)(NYSE:VOD). T-Mobile means to…
Google’s (GOOG) Android Could Squeeze Out Apple (AAPL)
Nokia’s (NYSE:NOK) Symbian mobile operating system has dominated the handset software business for years. Microsoft’s mobile Windows has made some progress in picking up market share during the last decade, but its success has…