More 4G Smartphones Flood the Market
LG, the third largest handset maker in the world, is about to release its new 4G-enabled Thrill. It will be marketed by AT&T (NYSE: T). The Thrill is another in a flood of 4G…
All Work
Douglas A. McIntyre
Italy: Austerity on Top of Austerity
Italy appears to have admitted that its recent austerity plans fail to go far enough to bring down its deficit to levels that would be acceptable to the European Central Bank. Prime Minister Silvio…
PIMCO’s Bill Gross Talks Too Much
Bill Gross, who manages the world’s largest bond fund, told the Financial Times and almost anyone else who would listen: “Do I wish I had more Treasuries? Yeah, that’s pretty obvious. … I get…
Amazon Tablet May Sell Five Million Units in Q4
Amazon (NASDAQ: AMZN) is likely to succeed where Hewlett-Packard (NYSE: HPQ), Dell (NASDAQ: DELL), Research In Motion (NASDAQ: RIMM) and several other PC and consumer electronics companies have failed. Its new Google (NASDAQ: GOOG)…
Media Digest (8/30/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
Foreign oil companies may have to give up natural gas rights in Iraq. (Reuters) Several large pharma firms are in the early stages of an attempt to find new and more effective cholesterol drugs.…
The Hottest International Housing Markets
Even as the value of residential real estate around the developed world continued its multi-year plunge in the second quarter, some countries bucked the trend. In seven national markets, housing values rose by more…
The Twitter-24/7 Wall St. Market Report (8/29/2011) Greek Banks To Merge, Saab Bankrupt
FT: China moves to curb off-balance sheet lending http://on.ft.com/qg3OWt #FinancialTimes NYT: Greek Lenders Alpha Bank and Eurobank to Merge WSJ: Greek Banks to Merge WSJ: Union: Saab May Go Bankrupt FT: Doubts over German…
Today’s Best Market Rumors (8/29/2011) AT&T Mobile Payment Systems
Updated throughout the day. Tumblr will raise money at a $800 million valuation (WSJ) China will curtail off balance sheet lending by its banks (FT) AT&T (NYSE: T) and T-Mobile have set $100 million…
American View of Govenment Reaches All-Time Low
No one would be shocked by research that shows Americans view the federal government negatively. What might be unexpected is just how much they do. The percentage of people who view the federal government…
Social Network Use Lags Among Wealthy and Educated
The Pew Internet & American Life Project released new research that shows “Fully 65% of adult internet users now say they use a social networking site like MySpace, Facebook or LinkedIn, up from 61%…
Favoritism Rampant at Large Companies
“Senior executives say widespread favoritism exists in large organizations, yet few admit practicing favoritism themselves,” according to research by Georgetown University’s McDonough School of Business. The study adds that among senior management, “29 percent of…
Central Bankers Ignore Voters
Most of the central bankers and the head of the IMF ignored the power of voters in the developed nations, where growth and deficits are twin problems, when they made comments at the recent…
Media Digest (8/29/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters) Samsung to delay its tablet launch in the U.S. because of IP lawsuits from Apple…
The Eleven Reasons Americans Still Can’t Sell Their Homes
The environment for selling homes becomes more difficult with each passing month. Some estimates put 11.1 million mortgages, about 23% of the U.S. total, underwater, meaning that homeowners owe their banks more than the…
The Most Innovative CEOs In America
Steve Jobs’s transition from CEO of Apple (NASDAQ: AAPL) to chairman has caused a great deal of ink to be spilt on the departure of other famous CEOs, such as Walt Disney, Henry Ford,…
The Twitter-24/7 Wall St. Market Report (8/26/2011) GDP Revised Down, Greece Trouble
Zerohedge: Government has subtracted an annualized 2.0% of economic growth in the past 3 quarters due to overly front load stimulus NYT: Second-Quarter G.D.P. Revised Down to 1% MSNBC: US economy grew at slightly…
Top Active Trader Alert Stocks (OVTI, P, TIF)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of OmniVision Technologies, Inc. (NASDAQ: OVTI), Pandora (NYSE: P), Tiffany & Co. (NYSE: TIF). OmniVision…
Today’s Best Market Rumors (8/26/2011) Tumblr Cash
Updated throughout the day. India’s GVK Power & Infra is near a deal to buy two Australian coal mines owned by Hancock Prospecting (Reuters) Tumblr is set for a new financing (WSJ) US banks…
Gas Price Drop Stalls
Many economists believe that gasoline prices will continue to fall as the economy slows and oil stays closer to $80 than $100. Gas prices have supported that theory over the past few weeks. But the…
Finland Holds Europe Hostage
nationsonline.orgFinland may destroy a Greek bailout deal, which demonstrates how one of the smallest nations in Europe can hold the region’s financial health hostage. This opens the question once again whether the EU’s structure…