Nokia and RIM Are Not the Same
The share prices of Nokia (NYSE: NOK) and Research In Motion (NASDAQ: RIMM) show that investors do not see the two companies as being in the same predicament. RIM’s stock price has dropped more quickly…
All Work
Douglas A. McIntyre
Media Digest (6/26/2012) Reuters, WSJ, NYT, FT, Bloomberg
A Cyprus bailout could cost 10 billion euros. (Reuters) Dell (NASDAQ: DELL) bids $2.3 billion for Quest Software (NASDAQ: QSFT). (Reuters) Microsoft (NASDAQ: MSFT) to buy Yammer for $1.2 billion. (Reuters) Facebook (NASDAQ: FB)…
Ten States Dying for Health Coverage
The lack of medical coverage in America is a serious problem as approximately 50 million people were uninsured all through 2010. But the U.S. Supreme Court on Thursday ruled the Patient Protection and Affordable…
Moody’s Downgrades 28 Spanish Banks
Just as it appeared that Spain could not have any more bad news because there is none left to have, Moody’s downgraded 28 banks in Spain and released a spreadsheet with long-term ratings and…
Facebook COO Sandberg Becomes One More Powerless Board Member
So many people wanted Facebook (NASDAQ: FB) to have a female member of its board of directors. As a new age corporation how could it have made the glaring mistake of having one which…
Easy Fix for Retirement Problems: Work Longer
By Gail Buckner / FOXBusiness Let’s get the bad news out of the way first: 51% of households below the age of 65 are at risk of not having enough income to enjoy the…
Today’s Best Market Rumors (6/5/2012) Anheuser-Busch InBev And Grupo Modelo
Updated throughout the day on the 24/7 Wall St. Market Wire Anheuser-Busch InBev is in talks to buy brewer Grupo Modelo (WSJ) J.P. Morgan Chase & Co will increase risk management at the division…
The 7 Safest Banks in America
Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are just not as safe…
Tough Times for PC Makers
Shares in China-based PC company Lenovo have fallen sharply during the past few weeks. Lenovo is, by some measures, the number two manufacturer of personal computers. It competes globally with Hewlett-Packard (NYSE: HPQ) and…
Who Will Save Spain Now?
Spain’s Economy Minister Luis De Guindos has sent a communique to Eurogroup Chairman Jean-Claude Juncker in which he says Spain’s banks will need a massive bailout — as much as 100 billion euros. Many…
Maybe Not $3 Gas
Robert Murray http://www.geograph.org.uk/photo/1449653Four months ago, it was inconceivable that gasoline prices could dip to near $3 a gallon. Most experts expected high oil prices to guarantee a price of $4 for a gallon of…
What’s Important in the Financial World (6/25/2012)
Four months ago, it was inconceivable that gasoline prices could dip to near $3 a gallon. Most experts expected high oil prices to guarantee a price of $4 for a gallon of regular on…
Why Unemployment Could Rise This Year
The number of jobs the economy has added in each of the past four months has been weaker than expected. May unemployment numbers show that only 69,000 jobs were added. The national unemployment rate…
Samsung Supply Chain Trouble for Galaxy S III?
A key aspect of Apple’s (NASDAQ: AAPL) success is the flexibility and robustness of its supply chain. It has been so carefully engineered that sharp spikes in demand rarely keep new products off store…
Tech Company Job Satisfaction Led by LinkedIn: People Like to Work for Successful Companies
Research firm PayScale issued a report based on queries of tech company employees about, among other things, job satisfaction. The results largely confirm the old belief that people are happier working for successful companies and less…
Media Digest (6/25/2012) Reuters, WSJ, NYT, FT, Bloomberg
AB InBev (NYSE: BUD) may buy the part of Modelo it does not already own. (Reuters) Samsung expects a rise in Q2 handset sales. (Reuters) Research In Motion (NASDAQ: RIMM) may split into two companies. (Reuters) Sony…
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…
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…