Microsoft (MSFT): The Redmond Nation Turns Toward Sanity
At the coroner’s inquest about the dead deal for Microsoft (MSFT) to buy Yahoo! (YHOO) it became clear the Redmond got the best of it. For reasons which investors are not likely to fathom,…
All Work
Douglas A. McIntyre
AmTech’s Favorite Defense & Infrastructure Fundamental Picks (FLR, LMT)
There is an interesting report from research team over at American Technology Research called "Our Best Dozen Fundamental Picks" as earnings season is upon us. The research firm noted that investors already expect a…
AmTech Issues Best Fundamental Alternative Energy Picks (ENER, FSLR, FSYS)
The research team over at American Technology Research has issued a report called "Our Best Dozen Fundamental Picks" going into earnings season. The research firm notes that investors are already prepared for a disaster…
Earnings Confessions Starting (AFFX, BEAV, COHR, CONN, NTY, ORBK)
As we are entering earnings season, we are also starting to get "confession season" where companies begin issuing updates ahead of their formal earnings. Some of these will make some obvious sense, and others…
Mitsubishi UFJ Closes Morgan Stanley (MS) Deal
According to The Wall Street Journal, "Mitsubishi UFJ Financial Group closed a $9 billion investment in Morgan Stanley that gives MUFG a 21% interest. Under revised terms, MUFG has acquired $7.8 billion of convertible…
Yahoo! (YHOO) Deal For AOL (TWX) Done?
The long-rumored Time Warner (TWX) deal to merge AOL into Yahoo! (YHOO) is nearly done, according to Time Warner insiders. The deal should be difficult to do, but TWX CEO Jeff Bewkes may feel…
Top Pre-Market Analyst Upgrades (ANN, CVC, COF, CELG, GME, PPDI, STJ, STI, THQI, WOOF, WU)
These are some of the many research upgrades we have seen from Wall Street analysts this Monday morning with more than two hours to the open: Ann Taylor (ANN) Raised to Neutral at Goldman…
Top Pre-Market Analyst Downgrades (ALL, DO, DOW, JCG, LULU, SONC)
These are some of the top pre-market downgrades we are seeing this Monday morning with more than two hours to the open: Allstate (ALL) Cut to Sell from Hold at S&P Equity Research Diamond…
Goldman Sachs Hits Oil Sector (BHI, EP, XOM, KMP, MMP, EPB, MRO, MUR, KGS, SLB)
In a perhaps late research call in the oilpatch, Goldman Sachs has downgraded the exploration & production sector to Neutral from attractive and downgraded the oil services sector to Neutral from Attractive. Interestingly enough.…
Can The Market Rally For A Week? It Needs To (PEP)(JNJ)(INTC)(WFC)(JPM)(MS)
A big up day in the market, say 4% or 5%, is not a rally, at least not any more. The DJIA has proved that it can move 1,000 points from bottom to top…
As UK Bank Rescue Moves Forward Could The US Treasury Own Most Of Citigroup (C)?
The UK government is about to become the de facto largest shareholder in two of the country’s largest banks, HBOS and The Royal Bank of Scotland (RBS). Given the number of times that England…
The Caste System At The Core Of The Credit Crisis
The great fraud perpetrated by the criminal manipulators at the top of the US financial system was that almost every American could move up a level in the US caste system, an entity whose…
Sony (SNE) Opts To Let PS3 Prices Stay High For Holidays: Guts On Parade
Sony Corp. (SNE) has elected not to mark down the price of its PlayStation 3 system for the holidays. The most basic version of the console, which was released in November 2006, is currently…
Starbucks (SBUX) Goes Into Litigation After Store Closings
The turnaround at Starbucks (SBUX) has been tough since Howard Schultz returned as CEO in January. The stock is down nearly 50% year-to-date as the company returns it focus to coffee, rearranges it scheduling…
Media Digest 10/13/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, world markets are waiting to see how the bailout of banks in Europe and the US will work. Reuters reports that Japan’s Mitsubishi UFJ Financial Group is looking for more favorable…
Saving The Economy By Forgiving Or Putting Off Debt Payments
A sort of shadow economy has been forming. The sherriff in Cook Country, Illinois has stopped enforcing evictions on may foreclosed homes. According to The Chicago Tribune, Sherriff Tom Dart cited the growing number…
America’s Next Major Financial Hurdle: Government Retiree Health Plans
State and municipal governments have failed to put tens of billions of dollars into health plans for their retired workers. The Governmental Accounting Standards Board was set up to monitor the use of GAAP…
Credit Crisis Report 10/12/2008 Problems Deepen (MS)(RBS)(HBO)(FNM)(FRE)(GM)(F)
The IMF said that the world banking system faces of meltdown if governments does not take immediate action to support that largest banks. Based on comments from Paulson, the US may be moving a…
Apple (AAPL): Stabbed In The Back By Nvidia (NVDA), Will Jobs Short The Shares?
It turns out the cowpie of the PC chip world, built and marketed by Nvidia (NVDA), may have ended up in some Apple (AAPL) laptops. That would make the Mac buyers miffed. The semiconductor…
IMF Says Markets Could Drop Another 20%
The people who run the International Monetary Fund probably don’t have any money in the stock market. They as the bond-owner, conservative sorts. Their risk aversion has not taken away their pessimism, and it…