Manufacturing Jobs May Return to the U.S., If China Cooperates
The Boston Consulting Group has issued a long report that says manufacturing jobs that moved to China in recent years will return to the U.S. That will only be true to the extent China…
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Douglas A. McIntyre
Media Digest (11/7/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
Sony (NYSE: SNE) may buy Ericsson out of their smartphone joint venture. (Reuters) Geithner says problems with EU sovereign debt pose a significant risk to the global economy. (Reuters) A bill that would label…
America’s Recession-Proof Companies
With fears of a new economic downturn, investors have become concerned about sales and profits of large companies. But there are companies that have already proven themselves in the recent recession. They also offer…
Top Active Trader Alert Stocks (JCP, ERIC, TGT, YHOO)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of JC Penney Company, Inc. (NYSE: JCP), LM Ericsson Telephone Company (NASDAQ: ERIC), Target Corporation…
Today’s Best Market Rumors (10/6/2011) Microsoft And Yahoo!
Microsoft (NASDAQ: MSFT) considers an offer for Yahoo! (NASDAQ: YHOO) (Reuters) The European Banking Authority will begin new stress tests to cover problems with sovereign debt holdings (FT) Douglas A. McIntyer
Steve Jobs and the Freedom of the American Business System
Steve Jobs was the greatest genius of the American technical age, which started with the launch of the PC and the operating systems that ran it. He was uniquely American, because his brand of…
How to Make a Profit on Global Warming
The enterprising can find a way to make money on almost anything. Scandinavian shipowners claim that the melted Arctic ice cap has created shipping lanes that will make ocean transport more efficient — and…
Tim Geithner Still Behind the Curve on EU Trouble
Treasury Secretary Tim Geithner told the House Financial Services Committee what almost every educated person in America and Europe knows. The EU sovereign debt and bank balance sheet crises will have effects well beyond…
Consumer Spending Craters in September
Chart Consumer spending moved down fairly sharply in September. It is not just a sign of slowing. If a new Gallup tracking poll is right, improvements in consumer activity that occurred in late 2010…
Media Digest (10/6/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56. Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters) Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data plan. (Reuters)…
Steve Jobs Dead At 56
The man who will be remembered by many as the greatest American CEO, Steve Jobs, is dead at 56. He was the founder, and until recently chief executive of Apple (NASDAQ: AAPL) He pulled…
The Ten States With The Cheapest Gas
Gas prices are falling. In fact, they’ve declined to lows not seen in months. Concerns of yet another global recession have caused oil prices to drop, and with them, gas prices. In the U.S.,…
Top Active Trader Alert Stocks (AAPL, ALU, RIMM, WAL)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Apple, Inc. (NASDAQ: AAPL), Alcatel-Lucent (NYSE: ALU), Research In Motion Limited (NASDAQ: RIMM), and Walgreen…
Today’s Best Market Rumors (10/05/2011) NYSE Merger, Super Committee
Updated throughout the day. Yahoo!’s (NASDAQ: YHOO) bankers have prepared financial data for potential buyers (various) Super committee issues have come down to taxes and cuts in entitlements programs (Reuters) The EU will seek…
Eurozone Economic Contraction Confirmed
The research firm Markit finally confirmed what economists and politicians had feared. The September PMI of the 17-nation eurozone showed trouble. The final number is 49.1, with anything below 50 a sign of private…
Apple Plays for 2012
The launch of the new iPhone disappointed Wall St. But Apple’s (NASDAQ: AAPL) decision not to significantly upgrade the smartphone is a signal that it believes the first half of 2012 will be the…
Greeks March as Spain Misses Growth Targets
More bad news from Europe. Spain’s Employment Minister Valeriano Gomez told CNBC that a slow economy almost certainly will cause his country to miss growth targets. About the same time he was interviewed, huge…
Jobs Sentiment Falls Before Official Release of Figures
ChartThe Gallup poll about job creation should be a decent predictor of what official government numbers will show about September employment numbers. The data are the result of interviews of 500 people every day.…
Why Wall St. Does Not Care About Protests
People who think investment bankers make too much money have converged on Wall St. to protest that executives there earn millions and they do not. Bankers who barely survived the credit crisis and the…
Media Digest (10/5/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
Moody’s (NYSE: MCO) cuts Italy’s debt rating. (Reuters) Bernanke says the U.S. economy is close to the flat line. (Reuters) New Apple (NASDAQ: AAPL) iPhone 4S does not impress investors. (Reuters) Boehner says a…