Did Disney Share in Apple’s Jobs Reporting Duties? (AAPL, DIS)
By now, even the pygmies have heard that Steve Jobs is taking a medical leave of absence as CEO of Apple Inc. (NASDAQ: AAPL). Where Apple goes from here is one issue dependent upon…
All Work
Douglas A. McIntyre
Target and the Final Exit of Bob Ulrich (TGT, WMT)
Target Corporation (NYSE: TGT) announced this morning that its board of directors has appointed president and CEO Gregg Steinhafel as the company’s chairman of the board, effective February 1. Steinhafel will succeed Bob Ulrich,who…
KeyBanc Lowers Estimates and Price Targets On Payment Processors MasterCard (MA) and Visa (V)
KeyBanc is lowering estimates and price targets for payment processors, including MasterCard (NYSE: MA) and Visa (NYSE: V). The firm said they are taking a far more cautious approach than the Street and are…
Economic Data Shows Recovery More Than Elusive
This morning we had several key pieces of economic data in weekly jobless claims and in the ever-important reading of wholesale inflation measured via the producer price index. Interestingly enough, the NY Fed manufacturing…
Government Solutions Are Slowing the Economy
By John Tamny RealClearMarkets A recent newspaper headline asked a question that’s presently on the minds of many Americans: "How long will the economic plunge go on?" Depending on the person answering the question,…
Societe Generale Analyst Calls For Depression
The French has turned to a trait which has been uncommon in the European country. One of the most well-regarded analysts at Societe Generale says that it is time for the US to gird…
Top Pre-Market Analyst Upgrades (ABC, DLTR, ECL, MOT, PRSP)
These are some of the top pre-market analyst upgrades we have seen this Thursday morning with more than two hours until the market opens: AmerisourceBergen (ABC) Raised to Outperform at Oppenheimer. Dollar Tree (DLTR)…
Top Pre-Market Analyst Downgrades (AEG, AAPL, BHP, CSIQ, CWST, JASO, MTB, NT, RRGB, STP, TRMB, WMI)
These are some of the top pre-market analyst downgrades we have seen this Thursday morning with more than two hours until the market opens: Aegon (AEG) Cut to Sell at UBS. Apple (AAPL) Cut…
JP Morgan (JPM) Holds The Line For The Banking Industry, Again
Analysts have been concerned that JP Morgan (JPM), considered the most successful of the large US banks, might miss its numbers and turn in a loss The financial firm held the line and left…
Sales Of The PC, The Automobile Of The 21st Century, Fall On Hard Times
During the last half of the 20th Century every family wanted to have a car, and most bought one.. In many cases they got two or three. The automobile was a status symbol, and…
The Ominous Sign Of Laying Off People At Profitable Companies (DELL)(MSFT)(GOOG)(MOT)
Motorola (MOT) will lay off 4,000 more people this year. In the fourth quarter, it sold only half as many handsets as it did in the same quarter a year ago. The decision makes…
Bank Of America (BAC) And The Incredible Disappearing TARP
Congress is fighting with both the administration that is leaving and the one that is coming about what should happen to the $350 billion left in the TARP. Most legislators do not seem to…
Steve Jobs: “The Deviant’s Advantage” (AAPL)
Sociologist and business consultant Watts Wacker has pointed out that the most successful enterprises in the world are created by people who are willing to be a zebra in a field of horses. His…
Media Digest 1/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Steve Jobs will take a medical leave from Apple (AAPL) until June 30. Reuters reports that Bank of America (BAC) is in discussions with the government to get billions of extra…
Asia Markets And Europe Open 1/15/2009
Markets in Asia were sharply lower. THe Nikkei fell 4.9% to 8,023. The Hang Seng was off 3.4% to 13,235. The Shanghai Composite fell .5% to 1,920. At the open in Europe, the FTSE…
Jim Cramer Stays Against Apple (AAPL)
On tonight’s MAD MONEY on CNBC, Jim Cramer briefly addressed Apple Inc. (NASDAQ: AAPL). He said he has been against the company because of Steve Jobs’ health concerns. Today’s actions apparently are not even…
Motorola Morale, An All-Time Low (MOT)
Motorola Inc. (NYSE: MOT) must be the worst place to work in the entire mobile communications sector. It is one thing that the company is issuing yet another earnings warning . But the layoff…
Tim Cook Fills In For Steve Jobs (AAPL)
Apple Inc. (NASDAQ: AAPL) just delivered some startling news, which is actually not startling if you have been following the stories about the health of CEO Steve Jobs. Because of health issues, Steve Jobs…
SIRIUS XM Trades Equity For Debt, A Penny at a Time (SIRI)
SIRUS XM Radio Inc. (NASDAQ: SIRI) issued a statement after the close showing how the company is taking tiny steps to trim its debt balances. Every penny of debt it can shed helps its…
The 52-Week Low Club (FNB)(HBC)(UNP)(NCS)(FITB)
F N B Corporation (FNB) Predicts big loss. Down to $8.89 from 52-week high of $20.70. HSBC Hldgs (HBC) Concerns bank will take huge write-down. Drops to $41.04 from 52-week high of $88.15. Norfolk…