It Is Easier To Fall Into Bankruptcy In A Recession
It seems pointless to spend a lot of time proving that companies are more likely to go bankrupt during a recession. Margins are hurt by bad sales. Firms cannot easily get access to capital…
All Work
Douglas A. McIntyre
Media Digest 7/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The economic crisis will dominate the G8 summit. Reuters: A NY court ruled against AIG (AIG) in a battle with former CEO Greenberg. Reuters: Google (GOOG) will launch an operating system for low…
Asia Market And Europe Open 7/8/2008
Markets in Asia fell. The Nikkei dropped 2.4% to 9,421. Toyota (TM) fell on concerns about the economy. The Hange Seng dropped. .7% to 17,734. PetroChina (PTR) fell on dropping oil prices. The Shanghai…
Morgan Stanley’s Credit Analyst Lends Weight To Equity Fears (MS, DFS, RGS, KLIC, AAI)
An appetite for risky assets that has sent small-cap and emerging market stocks and junk bonds flying since March now is getting more scrutiny from a market heavyweight. Greg Peters, head of credit strategy…
ETF/ETN Investors Have To Watch CFTC Speculation/Limitation Rules (USO, UNG, GAZ, OIL, JJC, GLD)
We are witnessing a pivotal moment in investing history. After a decade of opening up all markets to the public and to more speculators with exchange traded products, some might soon be closed to…
BioHealth Business Daily (CI, AET, MYL, JAZZ, PTIE, GSK, ALNY, FOLD, HALO, AOB, STEM)
Here are some of the top stories affecting key drug and biotech stocks that are covered in-depth today at BioHealthInvestor.com: Cigna corp. (NYSE: CI), Aetna Inc. (NYSE: AET), and other managed care companies are…
Quantifying Triple Leverage ETF Performance vs. Target Index (FAS, FAZ, BGU, BGZ, ERX, ERY)
Direxion has issued its semi-annual report for its triple leverage ETF holders and there are some interesting revelations here. While there are many others covered, we wanted to demonstrate some of the differences among…
Health Care Companies Play Let’s Make A Deal (CI, AET, HUM, UNH, WLP, CVH, THC, HLS)
Managed health care company stocks are rising Tuesday despite press reports that hospitals will contribute $155 billion over 10 years toward insuring the nearly 50 million Americans who do not have coverage. The cuts…
Day Traders & GM Stock: Drag Race To Zero (GMGMQ)
How many bankrupt companies have OTC and Pink Sheet stocks before they disappear for the long haul? Enron, Lehman, Adelphia… General Motors (GMGMQ) is on this list. Some of these stay trading for some…
Hansen Medical Credibility As Weak As The Stock (HNSN, ISRG)
Hansen Medical Inc. (NASDAQ: HNSN) is becoming the Boulevard of Broken Dreams in the land of speculative medical instrument stocks. We gave a volume spike alert at VSInvestor.com on this one, but this situation…
The Silver Lining within Rising Jobless Numbers
By John Tamny of RealClearMarkets Last Thursday’s news of yet another increase in the national rate of unemployment was predictably met with quite a few downcast headlines. The Wall Street Journal led with…
T. Boone Pickens Oil Targets For 2009 and 2010 (CLNE)
Today marked the one-year anniversary of the launch of The Pickens Plan. Oil magnate T. Boone Pickens was giving a large update and gave his oil targets for 2009 and 2010 in a CNBC…
Top Early Bird Analyst Calls (APC, NLY, CTL, KEY, INTC, LSI, MMM, MRVL, STO, STLD)
These are the top pre-market early-bird analyst calls we have seen with about two and a half hours until the market opens this Tuesday morning: Anadarko Petroleum (APC) Raised to Buy at BofA/Merrill Lynch.…
Sony (SNE) Gets Into Netbooks Late
Sony (SNE) never got into the multimedia handheld business the way that Apple (AAPL) did with the iPod. The Japanese company’s joint venture with Ericsson that builds and markets handsets is behind Apple, RIM…
Consumer Reports May Start To Fire Staff
Consumer Reports, the non-profit advocacy magazine owned by the Consumers Union, may fire 21 editors and product reviewers if its writer’s union does not agree to sacrifice raises. According to the New York Post,…
China Economy Defies Gravity
It does not make any sense that China’s GDP is growing, unless the government is buying that growth with its stimulus package. If that is true, it is remarkable how well China’s program is…
World’s Oldest Bible To Go Digital
One of the wonderful things about technology is that it can make the old new again. Parts of the oldest Christian Bible, probably written in the fourth century, will be available online. According to…
Palm (PALM) Picks European Vendors For Pre
Analysts in the United States are already saying that sales of the Palm (PALM) Pre by exclusive distributor Sprint (S) are starting to slow. Fortunately for Palm shareholders, the handset company has already found…
World Banks Warns The Worst May Not Be Over
World Bank president, Robert Zoellick, was born in Naperville, Illinois. He was educated at Harvard Law School and worked at Goldman Sachs and the State Department but still has the directness of a Midwesterner.…
Toyota Keeps Its Edge By Pushing Through Troubles
Media in Japan recently reported that Toyota (TM) will begin to produce its new plug-in hybrid in 2012. Toyota will be using lithium-ion batteries which it can produce efficiently in a joint venture with…