Apple (AAPL) Beats Proview In Court
Chinese-based Proview Electronics continues to contend that it was bilked out of the iPad name by Apple (NASDAQ: AAPL). The firm says Apple should have paid it much more for the trademark than the…
All Work
Douglas A. McIntyre
Corporate Governance Spreads To Yahoo!, Green Mountain, Chesapeake
Corporate governance, which is a subject often debated but usually in abstract, has moved to the front pages. Patti Hart, the Yahoo! (NASDAQ: YHOO) director who was in charge of the search for new…
German Record Imports And Exports
Despite the fact that much of Europe is crumbling around it, Germany posted recent highs for both imports and exports in March. Demand from the US and developing markets must be good. The topline…
What’s Important in the Financial World (5/8/2012) Buffett’s Newspapers, Facebook Road Show
For some reason, Europe’s largest stock markets have shrugged off election results in Greece and France. Many indexes are down, particularly in Greece. But the markets the world watches most closely — those in…
America Adjusts for Obesity
Authors of a new CDC study, widely covered in the press, reported that the number of Americans considered obese will rise to 42% of the population by 2030. The medical costs of the shift will be…
The Debate About Austerty Is Over
Angela Merkel said there will be no debate about a change in the agreements EU members have made about the austerity measures forced on the financially weakest nations in the region. “We in Germany are of the…
Enthusiasm About a JCPenney Turnaround Ends
JCPenney (NYSE: JCP) was set to be the next Sears or Kmart. But then Ron Johnson came on as CEO after a run as the head of Apple’s (NASDAQ: AAPL) retail stores. JCPenney’s shares surged.…
Media Digest (5/8/2012) Reuters, WSJ, NYT, FT, Bloomberg
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent more time…
Another Nokia Lumia 900 Bug
Nokia’s (NYSE: NOK) flagship Lumia 900 had a software bug when it launched. This caused bad PR, but the problem was quickly solved. That was not the end of glitch problems. The smartphone has…
Mark Zuckerberg’s Facebook Roadshow Hoodie
The Facebook IPO road show has started. Based on news accounts, the most important part of the event is that CEO Mark Zuckerberg wore a hoodie, jeans, and sneakers to the first large presentation…
Buffett Buys Newspapers
Warren Buffett surprised investors when he said Berkshire Hathaway (NYSE: BRK-A) may buy more newspapers. It already owns the daily in Buffalo and recently bought the paper in Omaha, which is where his conglomerate…
Europe Markets Ignore Greece
For some reason, Europe’s largest stock markets have shrugged of election results in Greece and France. Many indexes are down, particularly in Greece. But, the markets the world watches most closely–those in France, England,…
Today’s Best Market Rumors (5/7/2012) Icahn Sells LightSquared
Updated throughout the day on the 24/7 Wall St. Wire. Carl Icahn sold his stake of troubled broadband company LightSquared (Reuters) Micron Technology won the right to negotiate exclusively to buy failed Japan chip…
What’s Important In The Financial World (5/7/2012) Gas Prices Fall, U.S. to Cut AIG Stake
France and Greece are not the only nations in which the forces of austerity suffered a setback. The party of Angela Merkel, the champion of government cost cuts across Europe, gave up ground in local elections. Merkel’s…
The Two Candidates to Run Yahoo!: Board Member Thomas McInerney and EVP Ross Levinsohn
Yahoo.comYahoo! (NASDAQ: YHOO) may have to quickly replace its CEO, Scott Thompson. Corporate governance questions have been raised because he lied about his education. Thompson also has lost some or nearly all of the respect of investors,…
The Troubled Tenure of Sprint Chairman James H. Hance
When it comes to failures and strategic mistakes at Sprint-Nextel (NYSE: S), the spotlight has focused mainly on CEO Dan Hesse. He has held the reins at the nation’s third largest wireless company since…
Media Digest (5/7/2012) Reuters, WSJ, NY Times, FT
Voters in Greece and France turn away from German austerity measures set for the region’s weakest nations. (Reuters) AT&T (NYSE: T) moves into the home monitoring market. (Reuters) Ally Financial falls back into financial…
Barclays To Start Online Bank
Barclays, the UK based bank, has decided to move into the US online bank business. The move is a mystery given the competition from American banks, brokers, and financial advisors. Barclays believes that the…
Treasury To Sell More AIG Shares
The US government will cut its stake in AIG (NYSE: AIG), again. It plans to take its total piece of the company down to 63%. The cost of the bailout to taxpayers have been…
A Sharp Drop In Gas Prices
The widely followed Lundberg Survey showed that gas prices fell 6.75 cents to $3.8452 a gallon for the average price of regular based on national samples. The data for was the period which ended…