Economic Confidence and the Stock Market
It is odd that economic confidence should be tied to the stock market. According to Gallup, it is, even though the great majority of American do not own stocks — at least not directly. …
All Work
Douglas A. McIntyre
Media Digest (9/27/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
World stocks rise on the hope that the eurozone will address its financial problems. (Reuters) Apple (NASDAQ: AAPL) shares fall because of rumors that iPad production is low. (Reuters) Warren Buffett’s Berkshire Hathaway (NYSE:…
Nine American Cities Going Broke
Of the 7,800 bonds in the U.S. secured by state or local governments, only 25 are currently speculative-grade, or junk-bonds, rated by Moody’s Ba1 or lower. Only municipalities received such low ratings, and the…
America’s Most Dysfunctional Boards
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the boards of…
Top Active Trader Alert Stocks (DB, FSLR, LULU, NFLX, TEVA)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Deutsche Bank (NYSE: DB), First Solar, Inc. (NASDAQ: FSLR), Lululemon Athletica (NASDAQ: LULU), Netflix, Inc.…
Today’s Best Market Rumors (9/26/2011) Groupon IPO, Netflix And Dreamworks
Updated throughout the day Netflix (NASDAQ: NFLX) has a deal to stream Dreamworks movies (NYT) Groupon no longer has a date for its IPO (WSJ) Amazon.com (NASDAQ: AMZN) will release a tablet PC to…
As German Confidence Drops, Bailouts Less Likely
Germany is the “banker to Europe” because of the size of its economy, the ongoing improvement of its GDP and the prosperity of its citizens and businesses. Confidence among voters about their well-being is…
Morale Collapses in Greece Just as Nation Needs to Rally
It is hard to make the argument that Greece can begin an economic recovery if Greek citizens view their situations as hopeless. A new study by Gallup shows that an increasing number of Greeks…
Pew Research — Local Information Need Buoys Newspapers
The death of newspapers and local TV may not be a death at all. Editors of these media will need to understand what consumers want from them before there can be any considerable turnaround…
Media Digest (9/26/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
Europe begins to more aggressively look for problems to its debt crisis as pressure from the rest of the world grows. (Reuters) Amazon.com’s (NASDAQ: AMZN) new tablet PC may be a serious challenge to…
Policy Uncertainty, EU’s Fatal Flaw, Grows
nationsonline.orgThe ECB will continue to buy the bonds of financially troubled EU nations, but it won’t say for how long. This forces capital markets investors to see the rescue of the region’s weakest nations…
Blackberry Owners, Shrinking But Rich
The number of smartphone owners who use Research In Motions’s (NASDAQ: RIMM) Blackberry is shrinking as a part of the overall market. But, at least the people who use the devices are rich. That…
Kodak: Its Credibility Gone, Now Has Viability Trouble
Eastman Kodak (NYSE: EK) drew $160 million from its revolving credit line, a signal that the company’s viability is at risk. In an 8K filing with the SEC, the firm stated, “On September 23,…
Top Active Trader Alert Stocks (FCX, HPQ, NKE)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Freeport-McMoRan Copper & Gold (NYSE: FCX), Hewlett-Packard Company (NYSE: HPQ), and NIKE, Inc. (NYSE:…
The Twitter-24/7 Wall St. Market Report (9/23/2011) 10-Year Yield At 1.68%
MarketWatch: Yield for benchmark 10-year Treasury note plumbs new record low at 1.68% CNNMoney: Greece is definitely not the word. Moody’s downgraded 8 banks further into junk territory. Zerohedge: GM at 50% of post…
Today’s Best Market Rumors (9/23/2011) Bank Of America Sell Pizza Hut?
Updated throughout the day. AXA may sell its private equity business (Reuters) Bank of American (NYSE: BAC) will sell its commercial real estate portfolio for $8800 million (WSJ) Bank of American may sell its…
European Financial Stability Facility Expansion Could Stop Contagion, If Voters Approve
Many economists are more worried about the contagion that a Greek default would bring than about the default itself. The eurozone may increase the size of its 440 billion euro European Financial Stability Facility.…
As Media Consumption Moves to the Internet, Facebook Awaits
Two things happened this week in the world of internet media that appear to be unrelated but could change the consumption of information substantially. The Pew Research Center for the People & the Press…
Apple’s iPad Sales Strength Grows as Rivals Lack Success Formula
It is old news that Apple (NASDAQ: AAPL) sells more iPads by a huge margin than any rival can sell other tablet PCs. Apple is so successful that it is almost unfair. New research…
The Nike and McDonald’s Economy
Nike (NYSE: NKE) is one of the few companies that posted strong profits for the past quarter and offered optimistic guidance going forward. It joins McDonald’s (NYSE: MCD) as one of the world’s largest…