Too Many Smartphones
Dell (NASDAQ:DELL) announced that it will launch a smartphone with AT&T (NYSE:T) next year. The handset will be powered by the Google (NASDAQ:GOOG) Android operating system. The news about Google’s role has to annoy…
All Work
Douglas A. McIntyre
The Rise Of The Kindle And The Fall Of Literacy
Jeff Bezos, the founder of Amazon (NYSE:AMZN), is being praised as the man who has invented the next big and important electronic device. That category includes the Sony (NYSE:SNE) PS2, the Apple (NASDAQ:AAPL) iPod,…
Media Digest 10/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: GM says most of its cost cutting is done and its sales chief left. Reuters: Spot gold hit a record above $1,050. Reuters: The Senate healthcare bill weighs in at $829 billion. Reuters: …
Asia Markets And Europe Open 10/8/2009
Markets in Asia rose moderately with Shanghai closed for the holiday. The Nikkei rose .3% to 9,832. The Hang Seng was up 1.1% to 21,475. HSBC (NYSE:HBC) was up. At the open in Europe,…
Ron Paul, With Nothing Better To Do, Asks To Delay Bernanke Confirmation
Ron Paul found that he could not be elected President and in most of the United States could not make a solid run for dog catcher. He spends most of his time in Washington…
52-Week High Club
Kohl’s Corporation (NYSE: KSS) hit a yearly high of $58.03 after Morgan Stanley upgraded the department store operator from “equal weight” to “overweight”. MV Oil Trust (NYSE: MVO) hit a yearly high after the…
ALCOA Brings In Surprise Profit (AA)
Aluminum giant and Dow Jones Industrial Average component Alcoa Inc. (NYSE: AA) has just kicked off earnings season for the Q3-2009 period. Shares were halted ahead of the earnings report. The company posted a…
ConocoPhillips Gets More Shareholder-Friendly (COP, XOM, CVX)
ConocoPhillipsConocoPhillips (NYSE: COP) is trying to further adopt shareholder-friendly strategies with a higher payout and lower expenses. With as much as this stock has lagged some peers until recently, that should be of little…
Oil Tries to Interpret Inventory Data (OIH, USO, OIL)
The Department of Energy gave some critical data in its weekly oil inventories. Frankly, you can make a bullish case here and a bearish case as well. The drop in crude oil came to…
Major Secondary Offerings Keep Coming (ALTH, ATAX, ARYX, APPY, GRS, LINE, SGMO, CAR)
We are seeing more and more waves of secondary offerings continue to hit the Street since the stock market has held up. Many stocks are close to near-term highs and it seems they are…
Citi Pumps Vonage (VG)
Vonage Holdings Corporation (NYSE: VG) was a recent huge winner on news that it was going to enter the apps market and would be available on iPhones and more. The shares have risen this…
Today’s Best Market Rumors (10/7/2009) (NOK)(AAPL)(JPM)(GE)(WYNN)
Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ, but ask…
Top Day Trader Alerts (C, RPRX, AAI, AVNR, AA, LINE, VICL)
These are this Wednesday morning’s top day trader and active trader stocks with price and volume moves. More detailed price and volume analysis has been provided with a link to each stock story over…
24/7 Wall St. TV: $10 Trillion In Baby Boomer Cash
Baby boomers control $10 trillion in assets. A great deal if not most of that money has been invested in the stock market as this part of the population attempted in increase the size…
Top Analyst Upgrades (ANF, CSCO, KO, GR, HMY, KSS, NWS-A, DIS, VIA-B)
These are this Wednesday mornings top pre-market analyst upgrades and positive research calls we have seen early on from Wall Street: Abercrombie & Fitch (NYSE: ANF) Raised to Equal Weight at Morgan Stanley. Cisco…
Top Analyst Downgrades (AU, BP, CBST, GFI, SNN, STJ, TSM)
These are this Wednesday mornings top Wall Street analyst downgrades and cautious research calls we have seen early this morning: Anglogold (AU) Cut to Neutral at Nomura. BP plc (BP) Cut to Hold at…
What’s That Bar Code Doing On The Google (NASDAQ:GOOG) Homepage
The Google (NASDAQ:GOOG) logo has been replaced with a bar code today. The company many be the only large corporation in the world which is willing to take the risk of altering or even…
Hope For Retail: Costco (NASDAQ:COST) Beats The Street
Costco (NASDAQ:COST) announced earnings that beat Wall St. expectations. Net sales for the fiscal 2009 fourth quarter ended August 30, 2009 were $21.89 billion, a drop from $22.63 billion in the same period a year…
Sirius XM (NASDAQ:SIRI) Management’s Big Stock Sales
There are two ways to look at management’s sales of millions of shares in Sirius XM (NASDAQ:SIRI). One is that the executives saved the company from an almost certain bankruptcy and deserve a pay…
Citigroup (NYSE:C) Tries To Dump Its $100 Million Man
Andrew Hall, the head of Citigroup’s (NYSE:C) Philbro commodities trading unit, has been a thorn in the side of the bank since it was disclosed that he made as much as $100 million. Congress,…