Beating Collegiality Out Of The Work Place
American management began to do what it could to make office environments more pleasant sometime after the bad economic patch in 2001 and 2002. At some companies such as Wal-Mart (WMT) workers have been…
All Work
Douglas A. McIntyre
Fear And Loathing In The Commercial Real Estate Industry
In most large American cities there are office buildings which sit half finished in their financial districts. There are still huge cranes next to some of them. If the construction on a site ended…
AAPL Weekly Headline Roundup: March 16-20
Apple shares broke through $100 this week with charts suggesting there’s more upside to come. Here are other top Apple headlines aggregated from 24/7 Wall St. partner Apple Investor News: • iPhone 3.0 system…
Media Digest 3/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the House passed a bill that would tax AIG’s (AIG) and some other bonuses by 90%. Reuters reports that the US gave auto suppliers a $5 billion lifeline. Reuters says that…
Oracle (ORCL) starts a new trend of tech dividends?
By Douglas McIntyre for DailyFinance Oracle (ORCL) did two things yesterday: It beat Wall Street earnings forecasts, and it set its first dividend. The second action may be more important than the first. The…
Buyout for More Efficient Solar Panels from National Semi (NSM)
National Semiconductor Corp. (NYSE: NSM) is making a push into solar via an acquisition. The company has acquired Act Solar, Inc. to expand its portfolio of power optimization technologies along with the acquisition of…
Palm Sees Revenue Slap (PALM)
Palm, Inc. (NASDAQ: PALM) posted its third quarter results and disclosed that it had a net loss of $98 million or -$0.89 EPS after items. The loss on a non-GAAP basis was -$94.7 million…
Microsoft’s (MSFT) Ballmer Waits For Yahoo! (YHOO) To Lose Money, Then Move In For The Kill
Microsoft’s (MSFT) CEO Steve Ballmer is making a good show of trying to get Yahoo! (YHOO) to discuss selling its search business. The combination could give MSFT 30% of the US market to Google’s…
Barrick Raises Cash (ABX)
If you thought the corporate bond market spreads were going to keep issuers away, there has been a record amount of new issuances. Today, Barrick Gold Corporation (NYSE: ABX) announced plans to sell some…
Toll CEO Unloads Even More Stock (TOL, XHB)
Toll Brothers Inc. (NYSE: TOL) has submitted two different filings showing that CEO Robert Toll unloaded 1 million shares this week.
The Reflation Trade Emerges, Again (USO, OIL, GLD, GDX, DBA)
Some good news in the markets today and the massive influx of future money from the Fed and Treasury has led to a substantial increase in both crude oil and gold prices. NYMEX crude…
Snapping up Volkswagen could be the smartest move in the car business
By Matthew DeBord from The Big Money The auto industry generates nothing these days that even remotely resembles good news. General Motors is teetering on the edge of official (as opposed to undeclared) bankruptcy.…
Leading Indicators Actually Lagging
The Conference Board has just released the “Leading Economic Indicators” for the month of February. While these arguably don’t really lead, there was another drop to -0.4% for February. Both components, the “coincident” and…
Alcoa Prices Offerings (AA)
Alcoa Inc. (NYSE:AA) has priced its offering of 150 million shares of common stock at $5.25/share. That represents a discount of about 23% to yesterday’s closing price of $5.48/share. At the same time, Alcoa…
Is The Corning (GLW) News A ‘Green Shoot’?
Is today’s Corning (NYSE: GLW) news one of the “green shoots” Fed Chairman Ben Bernanke was talking about? Corning said it now believes total glass volume for the first quarter could be flat to…
Schumpeter, and the Slow March Toward Socialism?
By John Tamny RealClearMarkets In his 1942 book, Capitalism, Socialism and Democracy, Joseph Schumpeter asked the essential question: “Can capitalism survive?” His unsettling answer was, “No. I do not think it can.” Schumpeter’s words…
Chinese Expand Oil Drilling (CEO, COP)
Chinese oil giant CNOOC Ltd. (NYSE:CEO) has begun production at a new field in Bohai Bay, off China’s northeast coast. The new field is relatively small, producing just 4,000 barrels/day, but production is expected…
Cisco Acquisition.. What The Flip? (CSCO)
Cisco Systems, Inc.(NASDAQ: CSCO) has made an announcement in acquisitions that may seem like a move further outside of its core operations. It is actually just one more move into the mobile consumer arena. …
DryShips Scores Petrobras Award (DRYS, PBR, RDS-A)
DryShips Inc. (NASDAQ: DRYS) has just announced a new contract order that is sending shares soaring. The company’s Ocean Rig ASA subsidiary has received a ‘letter of award’ from Petrobras (NYSE: PBR) for a…
Celebrating a Less-Bad Jobs Number
There was actually a drop in the jobless claims numbers this week. The new weekly data from the Labor Department came in at 646,000, down 12,000 fro the week before. The prior week’s jobless…