Amazon (AMZN) Kindle Users Are Old, Feeble
Someone at technology news site, Cnet, came up with the clever idea of running a poll to learn the age of people who use Amazon’s miracle book reader, the Kindle. Seven hundred people responded,…
All Work
Douglas A. McIntyre
Why Chrysler Doesn’t Matter
By the time Chrysler filed for Chapter 11 yesterday, it was no longer a large American company. Although the firm is private, most estimates are that the No.3 US car company may only have…
AAPL Weekly Headline Roundup: May 1
From 24/7 Wall St. partner Apple Investor News: Aside from the iPhone-Verizon rumor and iPhone apps passing the one billion mark, there were some interesting headlines this week that speak to Apple’s future direction:…
Media Digest 5/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will buy Citiroup’s (C)…
Determining When Higher Rates Are Coming
This week’s FOMC statement and ‘less-bad’ recent economic data brought up an interesting notion now that the Federal Reserve seems to be at least a bit less negative on the economy. Ditto on the…
Apple (AAPL) iPhone Thrashes Competition In Customer Satisfaction
The evidence keeps mounting that competing with the Apple (AAPL) iPhone is a losing game. According to the new JD Power survey of customer satisfaction among smartphone owners, the iPhone beat competition from LG,…
Public Companies To Benefit From DigitalGlobe IPO (DGI, MS, OZM, ORB)
DigitalGlobe, Inc. may be the next high tech initial public offering, and it looks like several public companies will stand to benefit from it. This is a high-resolution satellite image operation that will trade…
Goverment Says Chrysler Bankruptcy Will Be Easy, Pigs Also Fly
The Administration is talking like it has the judge who will preside over the Chrysler Chapter 11 in its pocket. Obama recently made the comment that “it will be a quick trip through bankruptcy.” The government…
As Hulu Picks Up Steam, Disney (DIS) Climbs On Board (GOOG)(NWS)(GE)
Hulu, the large premium video site owned by GE’s (GE) NBC Universal, News Corp. and Providence Equity Partners, is growing faster than most analysts expected. According to comScore, Hulu had more than 380 million videos…
Pandemic Winners and Losers
Swine flu can be both misfortune and opportunity. By Martha C. White of The Big Money The outbreak of the H1N1 influenza strain (otherwise known as the ickier-sounding “swine flu”) has major political and…
Gold Miners Struggling with Costs, Gold Prices (NEM, ABX, GDX)
Lower prices for copper and gold hit Newmont Mining Corp. (NYSE:NEM) hard in the first quarter of 2009. Barrick Gold Corp. (NYSE: ABX) is also getting hit after its report, and all of this…
First Solar Moves Closer To The Double (FSLR, TAN, SPWRA, ESLR)
Maybe there’s some life left in the solar industry after all. First Solar, Inc. (NASDAQ:FSLR) reported EPS for the first quarter of 2009 of $1.99, blowing past estimates of $1.50 and tripling EPS of…
Implosion Alert: SEQUENOM, Lessons of Destroyed Credibility (SQNM)
SEQUENOM, Inc. (NASDAQ: SQNM) looks like the newest implosion of a hopeful company. The company was supposed to have the Holy Grail for detection of Down syndrome. After yesterday’s close, the company announced that…
Motorola (MOT) Stays Crippled
Motorola (MOT), the cult stock of losers and former target of Carl Icahn’s wrath, posted poor earnings yet again. For the first quarter, revenue at the handset and telecom equipment company was $5.371 billion…
Exxon Sees Wrath of Low Oil Prices (XOM)
Exxon Mobil Corp. (XOM) got to see exactly what the impact of lower oil prices does to the top-line. The company posted earnings of $0.92 EPS, which is down from $2.02 a year ago. …
Power Generation Results Mixed (D, XEL, NRG, EXC, RRI)
Three large electric utilities reported earnings this morning, and the results are could be better, but they could also be worse. Dominion Resources, Inc. (NYSE:D) and NRG Energy, Inc. (NYSE:NRG) were up following their…
The Jobless Becoming Larger Than Any Standing Army
The change in weekly jobless claims came in at 631,000 for this last week. That is a drop of 14,000, but that also comes after a revision of the week before to 645,000 rather…
When Trade Isn’t Free, Neither Are Our Work Choices
By John Tamny of RealClearMarkets “Starvation, pauperism, and insufficient supply can only be removed from the masses by increasing the quantity to be divided among the masses.”Anti-Corn Law League, “A Plea for the Total…
Top 10 Analyst Upgrades & Downgrades (BHP, COST, DRIV, GT, PX, PZN, RAI, ROK, VIP, VMC)
These are ten of the top analyst upgrades and downgrades we have seen from Wall Street early this Thursday morning: BHP Billiton (BHP) Started as Outperform at RBC. Costco (COST) Cut to Neutral at…
In A Race For The Economic Bottom, EU Pulls Ahead Of US
The US may have believed it had cornered the market for economic misery with back-to-back quarterly GDP drops of over 6%. But, Europe refuses to be bested. What it may not be able to…