DJIA Stocks That Could Kill the Rally
No matter how well the general market does, the advance of the Dow Jones Industrial Average still relies on just 30 stocks. Some have outrun their current values, and drops in those shares will undermine…
All Work
Douglas A. McIntyre
Howard Stringer, Who Ruined Sony, Retires
courtesy of Sony Corp.Sir Howard Stringer, who Sony Corp.’s (NYSE: SNE) board turned to as chief executive in 2005, said he will retire as chairman. He departs as the company he oversaw sits in the rubble,…
Media Digest (3/11/2013) Reuters, WSJ, NY Times, FT, Bloomberg
courtesy of Facebook Inc.Twitter is now a place where people can create stock hoaxes. (Reuters) U.S. companies keep profits abroad, according to a Wall Street Journal survey. (WSJ) Japan’s machinery orders fall. (WSJ) Alibaba…
Pondering the Fate of Time Inc.
ThinkstockThe plan under which Time Warner Inc. (NYSE: TWX) will spin off its Time Inc. magazine division received mostly negative press, particularly about the fate of the print operations. Most analysts believe that Time…
More Bad News About 787 Dreamliner Batteries
ThinkstockBoeing Co. (NYSE: BA) got some more bad news about the battery problems in its 787 Dreamliner. Fires caused by the batteries are hard to extinguish. According to Fire Engineering: A battery fire in…
China’s Exports Surge in February: A Sign of Global Economic Recovery?
ThinkstockChina’s exports jumped in February, which may indicate a recovery of the economy across most of the rest of the world. Or it could be that inventories of goods are low in many nations and…
What’s Important in the Financial World (3/8/2013)
courtesy Boeing Co.Bad News for Boeing Boeing Co. (NYSE: BA) got some more bad news about the battery problems in its 787 Dreamliner. Fires caused by the batteries are hard to extinguish. According to…
No Insurance for the Poor
ThinkstockOne of the goals of the social safety net established over the past 80 years has been to give, in stages, people who cannot afford essentials access to them. No one can argue that…
In Facebook Redesign, a Hope for Other Big Websites
courtesy of Facebook Inc.If Facebook Inc.’s (NASDAQ: FB) redesign succeeds at improving user engagement and marketing dollars, it will provide an benchmark for other large websites, even if they are not social media destinations. The…
U.S. Companies That Appear Generous to Shareholders Are Not
ThinkstockThe Wall Street Journal reported that S&P 500 companies will return $300 billion to shareholders in 2013 via dividends and share purchases. The figure is a record, which would imply a level of generosity,…
Media Digest (3/8/2013) Reuters, WSJ, NY Times, FT, Bloomberg
courtesy of AOL, IncThe European Central Bank cuts its growth forecasts for group members and says inflation is not a threat. (Reuters) The Motorola division of Google Inc. (NASDAQ: GOOG) will cut 1,200 jobs.…
Addidas Reports Strong Sales in China
ThinkstockThe running shoe business continues to hold its own, particularly if the running shoes are used for golf or are sold in China. Adidas Group, which owns Reebok and other businesses, reported that for…
Facebook’s Redesign Aims to Keep Users Online Longer
courtesy of Facebook Inc.Facebook Inc. (NASDAQ: FB) has admitted, in it own way, that people do not spend as much time as they used to on the social network, as well as that the…
Uncertain Fate of the 787 Dreamliner
courtesy Boeing Co.There is more confusion about the near-term fate of the Boeing Co. (NYSE: BA) 787 Dreamliner. Some media outlets say that test flights could begin soon, and that an acceptable solution to…
What’s New in the Financial World (3/7/2013)
ThinkstockAdidas Full-Year Sales The running shoe business continues to hold its own, particularly if the running shoes are used for golf or sold in China. Adidas Group, which owns Reebok and other businesses, reported…
Time Inc. and the Restructure of Print
ThinkstockOwners of print media finally have started to do what they have threatened to do since advertising in the sector began a sharp and relentless drop a half a decade ago. In an admission that…
Media Digest (3/7/2013) Reuters, WSJ, Bloomberg
ThinkstockTime Warner Inc. (NYSE: TWX) will spin off its Time Inc. publishing unit. (Reuters) The National Transportation Safety Board will release a report on Boeing Co. (NYSE: BA) 787 Dreamliner battery problems. (Reuters) Carl…
Dell’s Future: A Sell-Off of Its Parts
courtesy Dell Inc.Dell Inc. (NASDAQ: DELL) is besieged by investors who want an alternative future to Michael Dell’s plans to take the company private. Although Dell’s board recently issued a report in support of…
A Rally in Support of a Higher Minimum Wage
Ed Brown, via Wikimedia CommonsThe American public’s support for an increase in the minimum wage has grown. The support is badly fractured, which may make federal action on the wage more difficult. The strong…
America’s Fattest States
ThinkstockNo matter how fat American are, they are fatter in some places than others — not the waist line, but the location. Gallup has released its report on the states where people are fastest…