The Battle For What’s Left Of GM Gets Meaner
The engagement has become hand-to-hand as the fight to see who will make it out of the rubble of the GM (GM) restructuring comes to a close. The most recent development is that the…
All Work
Douglas A. McIntyre
Google (GOOG): The Economy In A Tea Cup
When Google (GOOG) reported earnings, earnings which were extraordinary during a poor economic period, for the first quarter, the company’s chatty CEO Eric Schmidt said “Google had a good quarter given the depth of…
Weekly Apple (AAPL) Headline Roundup: April 17
This was the week analysts stumbled over each other to raise their price targets on Apple prior to next Wednesday’s earnings report. Will this create a “sell the news” effect? Here are the week’s…
Media Digest 4/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP) and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car company in…
Asia Markets An Europe Open 4/17/2009
Markets in Asia were mixed. The Nikkei rose 1.7% to 8,908. The Hang Seng was up 1% to 15,712. The Shanghai Composite fell 1.2% to 2,504. At the open in Europe, the FTSE was…
Direxion Launches FAS/FAZ-Like ETFs For T-Bonds (FAS, FAZ, TYD, TYO, TMF, TMV)
Direxion is at it again with triple-leverage ETFs. If you love trading the financial stocks for triple leverage via the Direxion Financial Bull 3X Shares (NYSE: FAS) or shorting them with triple leverage via…
GE Full Earnings Primer (GE)
General Electric Co. (NYSE: GE) is on deck for earnings Friday morning. While the whole market has been hanging on to the financial stocks, GE has been trading like a financial stock rather than…
Google Slides Past Gatekeepers (GOOG)
Google Inc. (NASDAQ: GOOG) is out with its first quarter earnings report. The search and online ad giant posted earnings at $5.16 EPS and $4.07 billion in ex-TAC revenues. Estimates from Thomson Reuters were…
Google’s Earnings Controversy (GOOG, YHOO, BIDU)
This afternoon’s earnings report from Google Inc. (NASDAQ: GOOG) is perhaps one of the most anticipated earnings releases so far this earnings season for Q1-2009. Google could steer almost every tech and media company…
Regions Claims Profitability, Slips A Mickey To Bears (RF)
Regions Financial Corp. (NYSE: RF) filed its annual meeting presentation this morning in an SEC filing, and in that filing, C. Dowd Ritter, Chairman, President and CEO, announced that Regions will report a profit…
Introducing the Tarp-o-Meter
Keeping track of who’s paying back. By Gabriel Beltrone and Natalie Matthews of The Big Money Ever drive by your local church or United Way office and see one of those huge motivational thermometers,…
Buffett Housing Play: Pay Mortgage If You Lose Your Job (BRK-A)
Berkshire Hathaway Inc. (NYSE: BRK-A) is known for investing in and owning many businesses which Warren Buffett believes or believed had a time horizon of “forever” even if they closed the stock market. In…
Kinder Morgan And Broader LP Distribution Conundrum (KMP, EPD, ENB, BSR)
There could be some trouble ahead in at least some of the entities in the pipeline business and the practice of distributions from LP’s if you look at operating numbers and the trends in…
Sunoco and Holly, Tulsa Refinery Hot Potato (SUN, HOC)
Sunoco, Inc. (NYSE: SUN) has signed a definitive agreement with a subsidiary of Holly Corporation (NYSE: HOC) to sell Holly its 85,000 barrel/day refinery in Tulsa, Oklahoma, for $65 million. The sale includes the…
Bearish Dendreon (DNDN) Analyst Throws In The Towel, Upgrades to Hold
The bearish Dendreon (Nasdaq: DNDN) analyst at Brean Murray is throwing in the towel and turning slightly more bullish. The firm upgraded the stock from Sell to Hold, following this week’s positive PROVENGE data.…
Yingli Taking the Money (YGE)
Chinese solar panel maker Yingle Green Energy Holding Company Limited (NYSE:YGE) has taken a loan of $50 million from a credit line established earlier this year with ADM Capital and the China Export-Import Bank.…
AMR & Southwest Battle For Hindenburg Earnings (LUV, AMR)
Southwest Airlines Co, (NYSE: LUV) is getting to see some selling this morning after its earnings report. Actually, that is after its losses. Southwest is not used to this and you can’t help but…
Good News, Only Over 6 Million Jobless
There may be some good news on the jobless claims front. We saw a drop of 53,000 on the weekly jobless claims. The new number was ‘only’ 610,000 for the week. This would have…
Sun Ready To Resume Talks, Should IBM Even Listen? (JAVA, IBM, HPQ)
Sun Microsystems Inc. (NASDAQ: JAVA) is seeing a bit of excitement this morning on word that it is ready to resume talks with IBM (NYSE: IBM). We have been under the belief that this…