Ten Reasons To Panic About The Market
The sell-off, which has driven most stock markets around the world down by 10% in the last week, is likely to get worse. It is a sign that many believe a new recession has…
All Work
Douglas A. McIntyre
Market Collapse Silver Lining: Gasoline Prices
Gasoline prices are likely to plunge. The same economic concerns that have prompted a massive sell-off in equities have also driven down the price of crude. It has retreated to $83 from over $110…
The Reasons People Love LinkedIn Is Why It Doesn’t Work
More and more people have joined LinkedIn (NASDAQ: LNKD), the professional social network. These people either like to see powerful people on their friends lists, or they are looking for jobs LinkedIn said revenue…
No Punishment For US Deficit Trouble
Just as the U.S. government is being criticized for a huge deficit and an inability to control its growth, the cost the Treasury spends to raise money has fallen sharply. It is an example…
Media Digest (8/5/2011) Reuters, WSJ, NYT, FT, Bloomberg
Wall St. had its worst sell-off in two years (Reuters) Regulators have begun to tussle over interpretations of the Dodd-Frank financial reform bill (Reuters) LinkedIn (NYSE: LNK) posted strong earnings and a good forecast…
The Nine States Slashing Unemployment Benefits
Around 14 million people in the U.S. are jobless today. Yet, several states — even some that are experiencing economic recoveries — have begun to cut jobless benefits, according to recent data obtained by…
Lipitor OTC: What Next? (PFE, MRK, AZN, SNY, BMY, LLY, JNJ, AMGN)
Once patent protection expires on a prescription drug, the drug’s maker can take a serious beating in revenue and profitability. One way to make up for the loss is to get US Food &…
Top Active Trader Alert Stocks (DNDN, KFT, KSS, ZIP)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Dendreon Corporation (NASDAQ: DNDN), Kraft Foods Inc. (NYSE: KFT), Kohl’s Corporation (NYSE: KSS), and Zipcar,…
June Unemployment By City: The Damage Worsens
Newspaper headlines focus on the national unemployment rate. But the effects of joblessness are often very local as towns and cities lose tax revenue and have to care for those out of work. Unemployment…
Costco Wholesale: Consumers Get Cheap
Costco Wholesale (NASDAQ: COST) is the first retailer to report results each month. Its July numbers were particularly strong. Sales for the four weeks of July were higher by 10%. Wall St. expected that…
Budweiser: New Cans, Same Results
Budweiser released a new can. It has been using the old design for ten years. Beer cans don’t sell beer. “Shipments of Budweiser to wholesalers, a measure of sales volume, fell 7.3% last year…
Too Late For The Fed To Prevent Recession
Markets rose yesterday, to some extent on a belief that the Federal Reserve would try to boost the economy through a third round of quantitative easing. This has become known as QE3, a reprise…
Media Digest (8/4/2011) Reuters, WSJ, NYT, FT, Bloomberg
Hitachi and Mitsubishi may merge (Reuters) Japan intervened in the yen (Reuters) Spain will offer bonds and the European Central Bank meets to examine option to help the country’s debt problems (Reuters) The U.S.…
The Last AAA Countries (And Those At Risk)
The markets have been roiled recently by the debt ceiling debate, the potential debt downgrade of the U.S., and the likely new recession that will come from the austerity measures. For now, the U.S.’s…
Debt-Ceiling Crisis Abated … for Now
When the debt-ceiling crisis of 2011 finally became history, most Americans were extremely relieved to know that the United States would not have to default on its obligations. The armed forces at home and…
Planting a Seed in the Weak Equities Markets (CF, POT, MOS, MON, SYT, AGU, DBA, MOO)
While the debate over raising the US debt ceiling grabbed all the headlines for the past week or so, US equity markets have been facing other headwinds that haven’t lightened since the deal was…
A Lukewarm Beginning at Dunkin’ Donuts (DNKN, SBUX, MCD, YUM, PBJ)
It looked like Dunkin’ Brands Group, Inc. (NASDAQ: DNKN) was off to a great start following its IPO last week. Shares soared 50% from the offering price as investors piled in. But a stellar…
New Phones Aim to Breathe Some Life into RIM (RIMM, AAPL, GOOG, MSFT, NOK)
Smartphone maker Research in Motion Ltd. (NASDAQ: RIMM) has released five new phones this morning, including one, gasp, that does not have a keyboard. While shares are getting a bounce pre-market, this announcement is…
Advertising Still Drives Media (CBS, TWX, CMCSA, DIS, VIA, PBS)
Judging by the earnings reports out this morning from some of America’s largest media companies, US consumers are soaking up more entertainment than ever and they’re willing to pay for it. Media heavyweights CBS…
The Twitter-24/7 Wall St. Market Report (8/3/2011) ADP 114,000
Yahoo! Finance: Private sector added 114,000 jobs in July http://yhoo.it/o19CLBY Yahoo! Finance: MasterCard posts 33 percent 2Q profit increase http://yhoo.it/mRgmIz $MA Reuters Biz: Private sector added 114,000 jobs in July: ADP http://reut.rs/nOAVqh Reuters…