Apple iPad Launch Details
JoeInQueens, via Wikimedia CommonsApple (NASDAQ: AAPL) will likely announce the release of its new iPad on October 22 at a large media event set by the world’s premier tech company. Among the questions analysts…
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Douglas A. McIntyre
China Q3 GDP and End of the Country’s Growth Spurt
ThinkstockChina’s National Bureau of Statistics announced that third-quarter gross domestic product (GDP) rose 7.8%. Now, speculation and arguments over whether the People’s Republic can maintain the pace in the fourth quarter and into 2014…
J.C. Penney Open on Thanksgiving, No Solution for Sales Trouble
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) will be open on Thanksgiving, at least so far as letting customers in at 8 p.m. that day can be considered Thanksgiving hours. Those…
Google Earnings: Is 12% Growth Good Enough?
courtesy of Google Inc.The market already has rewarded Google Inc.’s (NASDAQ: GOOG) third-quarter earnings by lifting its shares to nearly $1,000, which is an all-time high. Investors were impressed by the improvement in Google advertising…
Oreos Are as Addictive as Cocaine
ThinkstockSome good news for makers of cookies and candy. Recent research shows that Oreos are as addictive as cocaine. However, the companies may want to hold off celebrating. The data are based on the habits of…
How Badly Do Christmas Retail Sales Get Hit?
ThinkstockThe CEO of the National Retail Federation, Matthew Shay, penned a letter that stated the organization’s position on how badly its members could be harmed by the government shutdown and lack of a long-term resolution. Anyone reading…
S&P Can Run to Record 2,000
For the S&P 500 to reach 2,000, it will need to rise 16% above what is already nearly record territory. The index should make it. Most analysts believe that the Washington settlement will be short-lived as the…
Rumors About Apple iPhone 5C Could Be Wrong
courtesy of Apple Inc.The Wall Street Journal and Reuters believe they have discovered some negative news about Apple Inc. (NASDAQ: AAPL). Like many rumors reported by the press, the accounts could be completely wrong,…
For Intel, No End to Troubles
Wikimedia CommonsThe three headlines about Intel Corp.’s (NASDAQ: INTC) earnings indicated that the numbers were fine, the forecast lackluster and a critical new chip product will be delayed. Much less was said about Intel’s lack of…
Why Oracle CEO Ellison’s Pay Does Not Matter
courtesy of OracleA new article in The Wall Street Journal that describes proxy adviser objections to Oracle Corp. (NASDAQ: ORCL) CEO Larry Ellison’s pay follows months of uproar about his compensation. He made $78.4…
Fast Food Jobs Cost America $7 Billion A Year? Does McDonald’s Make America Poor
ThinkstockFiled under “data to hard to obtain and analyze” are various estimates for what poverty or low wages cost the U.S. economy. Among the issues this kind of analysis creates are that increased wages can cut the margins of those…
The Death of College
ThinkstockThe reputation of college has fallen on hard times. A four-year education can cost $100,000 and leave graduates with burdensome loans. Many college graduates have found that, even with advanced degrees, they cannot find…
Can Netflix Dodge YouTube?
courtesy of NetflixGoogle Inc.’s (NASDAQ: GOOG) YouTube may be Netflix Inc.’s (NASDAQ: NFLX) biggest problem. Despite deals with content companies that now includes Sony Corp.’s (NYSE: SNE) TV operation, possible deals to form partnerships…
UPDATE: Burberry CEO Joins Apple
courtesy of Apple Inc. Update: Apple stock up following announcement that Burberry CEO will join Apple. As of 2:00 PM EST, Apple shares are up more than 1% to over $501 while Burberry Group…
Congress and President Ignore International Calls for Debt Solution
ThinkstockCongress and the White House have become adroit at ignoring the desires of voters to resolve the issue of the government debt and sending home roughly 800,000 workers. So why should the two buckle…
The Only Seven Earnings Reports That Really Matter
Wikimedia CommonsThe general investing public will spend much of its energy waiting for earnings from famous companies such as Facebook Inc. (NASDAQ: FB) and J.C. Penney Co. Inc. (NYSE: JCP). These are nothing more…
AIG’s Benmosche Sorry for Racist Comments, but Not Really
ThinkstockThis is what American International Group Inc. (NYSE: AIG) CEO Robert H. Benmosche told The Wall Street Journal when he was asked about the public’s negative reaction to bonuses paid to executives as large U.S.…
GM Prices Cadillac ELR Too High
courtesy of General Motors Co.General Motors Co. (NYSE: GM) has priced the new Cadillac ELR electric luxury car far too high for it to sell well. The primary reason is not that it has…
Can Starbucks Change Washington and Save the U.S.? No
courtesy of StarbucksFor a number of years, Starbucks Corp. (NASDAQ: SBUX) CEO Howard Schultz has displayed a sort of arrogance about what he, and sometimes his coffee company, can do to save the world. The…
Why No One Wants to Buy an Electric Car
Courtesy Toyota Motor Corp.The very modest success of Tesla Motors Inc. (NASDAQ: TSLA) has been used as proof that the electric car has come of age and demand for these autos will soar. Nothing could…