Companies Paying Their CEOs More Than the Taxman
The press recently had a field day with a report from the “Institute for Policy Studies” about executive pay. The report said the of the 100-highest paid U.S. CEOs in 2011, “26 took home…
All Work
Douglas A. McIntyre
One Thing That Could Make Facebook’s Stock Surge
courtesy Facebook Inc.A large upside earnings surprise for the current quarter is the one and only thing which could pull Facebook (NASDAQ: FB) shares out of their tail-spin and push them up considerable. Facebook’s stock…
Today’s Best Market Rumors (8/17/2012) Yahoo! COO
Updated throughout the day on the 24/7 Wall St. Wire: Yahoo! (NASDAQ: YHOO) begins the search for a new COO. (AllThingsD) The White House may release part of the U.S.’s strategic oil reserve in…
Spain Bank Loans Get Worse
Bad loans held by Spain’s banks rose in June to reach record levels. The news might have been expected because so many of these loans are mortgages and Spain’s real estate sector continues to…
One Finland Official Supports Euro — CNBC
Finland, which has not always offered whole-hearted support to the euro, says it is fully committed to the union. Alex Stubb, the country’s minister for European affairs and foreign trade, told CNBC that his…
Yahoo! Seeks COO — Report
Yahoo! Inc. (NASDAQ: YHOO) has begun the search for a chief operating officer who would be number two to new CEO Marissa Mayer. AllThingsD reports that the person would need turnaround and financial experience.…
What’s Important in the Financial World (8/17/2012)
Yahoo! Seeks COO Yahoo! Inc. (NASDAQ: YHOO) has begun the search for a chief operating officer who would be number two to new CEO Marissa Mayer. AllThingsD reports that the person would need turnaround…
Media Digest (8/17/2012) Reuters, WSJ, NYT, FT, Bloomberg
Some members of the Fed believe there is no need for QE3 and interest rates may be set higher by the central bank before 2014. (Reuters) Facebook Inc. (NASDAQ: FB) shares drop below $20…
Is Verizon the Perfect Stock?
Is Verizon Communications Inc. (NYSE: VZ) the perfect stock? No. The “perfect stock” headline is used by financial and business websites and publications to sucker people into reading articles that have little relevance for most investors.…
Why Americans Love the Computer Industry and Hate the Government
Gallup reports that among 25 industries rated by Americans, respondents give the computer industry more positive rankings than any other. That observation comes without explanation. But it may be as simple as the fact that not only do…
Merkel Supports Euro, Again
Angela Merkel came back from an extended summer vacation and immediately said she supports efforts by the European Central Bank to buy the bonds of troubled sovereigns. In theory, this will bring down yields…
America’s Oldest Brands
Consumers, it seems, are always after the shiny new product. For some industries, the latest version is always the most popular — the newest smartphone, tablet and sneaker are always the products in highest…
Syria Starts to Struggle as the U.S. Extends Its Sanctions Against Iran
The International Monetary Fund said Syria was one of the few countries in the Middle East whose economy is expected to contract in 2012. The IMF expected the regional economy to grow by more…
What’s New in the Financial World (8/16/2012)
China Sees Weak Second Half China has admitted publicly that its second half economic situation will be poor, a statement of what experts around the world have said for months. PMI numbers have been weak almost…
Pessimism About Jobs Grows Worldwide
As much of the world made a modest recovery from the recession, many people were still worried about their jobs last year. But, those concerns returned to prerecession levels — similar to the ones just ahead of 2009…
Lenovo Profits Up 30% as HP and Dell Struggle
Lenovo continues to beat Hewlett-Packard Co. (NYSE: HPQ) and Dell Inc. (NASDAQ: DELL) at what used to be their own game. The China-based company has not only gained market share, it has posted strong…
Media Digest (8/16/2012) Reuters, WSJ, NYT, FT, Bloomberg
Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge presses for Apple Inc.…
Better Educated, Better Off in Job Market
Flickr, James SarmientoA group from the Georgetown Public Policy Institute has come out with an extraordinary analysis of the labor market and its relationship to educational attainment. It is titled “The College Advantage: Weathering…
U.K. Retail Sales Up
U.K. retail sales were up a bit more than might be expected in a nation that has been hit by a new recession. The Office of National Statistics reported: In July 2012, all retailing…
Today’s Best Market Rumors (8/15/2012) Payment System to Compete with Google
Updated throughout the day on the 24/7 Wall St. Wire: Several of the largest retailers in the country, including Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT), will launch a program called…