Today’s Breakout Stocks: High And Low
For today’s winners and losers, two of the four companies on the lists today are pharmaceutical companies, moving on action from drug regulators. One of them, Arena Pharmaceuticals, has seen its stock soar in…
All Work
Douglas A. McIntyre
Bank Downgrade Backlash
Many analysts said that the Moody’s downgrade of banks reflected circumstances that the capital markers already realized. The downgrades, therefore, were largely useless. But the reaction to the rating changes by Moody’s were very…
New Nintendo 3DS
Nintendo, which has lost considerable ground to Microsoft (NASDAQ: MSFT) and Sony (NYSE: SNE) in the game console business, released another machine as part of its comeback attempt. Nintendo says it will have a…
Germany Confidence Falters
Add one more piece of pessimistic news to that coming from economic research firms in Europe. The Ifo Institute issued its latest data on Germany: The Ifo Business Climate Index for industry and trade…
What’s Important in the Financial World (6/22/2012)
Add one more piece of pessimistic news to that coming from economic research firms in Europe. The Ifo Institute issued its latest data on Germany: The Ifo Business Climate Index for industry and trade in Germany…
IMF Steps Up Role in Crisis: Does Anyone Care?
The International Monetary Fund tried to elbow itself to center stage in the debate about solving Europe’s financial crisis. This just ahead of a meeting of eurozone finance ministers, who gathered primarily to address immediate…
Samsung’s New Exploding Galaxy Smartphone
Most brand new and extremely popular consumer electronics or smartphones have flaws, either real or rumored. Apple (NASDAQ: AAPL) had an antenna problem with one of its early iPhone models. Steve Jobs had to defend…
Media Digest (6/22/2012) Reuters, WSJ, FT, Bloomberg
The heads of Germany, France, Spain and Italy meet to seek a solution to the financial crisis in the eurozone. (Reuters) A “bug” interrupts Twitter service twice. (Reuters) Moody’s downgrades 15 banks, including Bank…
Economy Puts Sharp Brakes on Eurozone PMI
nationsonline.orgManufacturing in the eurozone has returned to levels like those of the last recession. This is another sign that the area has entered a second recession. But the data show that this new recession my be…
Today’s Market Winners And Losers (6/21/2012)
While the Dow Jones Industrial Average, S&P 500 and NASDAQ are down slightly today after weak data on the U.S. labor market. Nevertheless, there are several big winners and losers as of midday. Three of…
Today’s Best Market Rumors (6/21/2012) J&J Risperdal Settlement
Updated throughout the day on the 24/7 Wall St. Wire Johnson & Johnson (NYSE: JNJ) is close to a deal with the government for off-label promotion of antipsychotic Risperdal (WSJ) JPMorgan (NYSE: JPM) has sold…
Ten Brands That Will Disappear In 2013
Each year, 24/7 Wall St. identifies 10 important American brands that we predict will disappear within a year. This year’s list reflects the brutally competitive nature of certain industries and the reason why companies…
Why Business Insider Matters
Business Insider’s barely controlled riot of sharp analysis on the economy, thinly sourced stories, extremely deep coverage of the tech and media industries, scandal and gossip, along with coverage of mainstream news, has battered…
More Galaxy S III vs. the iPhone
People who review smartphone products are giddy over the new Galaxy S III, and the consensus is growing that the product is better than the Apple (NASDAQ: AAPL) iPhone in many ways. According to…
Oil Prices Tumble
WTI crude prices raced lower, toward $80. That is down from above $108 just four months ago. China’s manufacturing data and an admission by the Federal Reserve of an economic slowdown in the United…
Spain Bond Problems Rise
Spain’s bond yields rose again as it became clearer that the country cannot survive without a huge financial bailout costing hundreds of billions of dollars. Today’s auction of April 2014 bonds required an average…
What’s Important in the Financial World (6/21/2012)
Spain’s bond yields rose again as it became clearer that the country cannot survive without a huge financial bailout costing hundreds of billions of dollars. Today’s auction of April 2014 bonds required an average…
American Health Care Kills More People
Despite improvements in treatments for the sick and injured, discoveries of new and often more effective drugs, and more hospital facilities that claim to be state of the art, uninsured Americans have been victims of…
America Still Can’t Build Quality Cars
In the race for leadership in vehicle quality, American car companies have chased their Japanese rivals for two decades. Data from industry research firm JD Power show that U.S. manufacturers have started to falter…
Hunger: Another Major Problem That Won’t Be Solved
It has been widely assumed for many years that the problem of worldwide hunger could be solved by financial and food donations from rich nations, improved training of farmers in nations with food shortages, and…