FCC: Not All Broadband Is Created Equal
The FCC has been concerned for some time that not all Americans have broadband, and that those who do have slower connections than they believe. The agency released a report, it claims, shows its…
All Work
Douglas A. McIntyre
CBS, Left For Dead, Rises
The traditional network TV business was supposed to have begun a sharp decline years ago, killed by the Internet and online video. CBS (NYSE: CBS) proved that is hardly true. Its net income doubled…
Media Digest (8/3/2011) Reuters, WSJ, NYT, FT, Bloomberg
Fitch and Moody’s kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West could hasten the rise of BRIC economies (Reuters) Google+ (NASDAQ: GOOG) and the Apple…
America’s Ten Sickest Housing Markets
For three years, the real estate market has been going in one direction — primarily down. Some areas, however, have begun to recover. Recent S&P/Case-Shiller data show that among the top 20 housing markets…
Moody’s Backs Down: US Remains AAA
Moody’s backed away from a decision that could have haunted the credit rating agency for years. It affirmed the Aaa credit rating of the United States, a move many believed would not happen. The…
A Winning Chip Stock (INTC, NVDA, TXN, QCOM, AMD, BRCM)
With the exception of Intel Corp. (NASDAQ: INTC), chip makers’ stocks have gotten taken something of a beating since the beginning of the year. Over the past 12 months, though, there’s one chip maker…
The Twitter-24/7 Wall St. Market Report (8/2/2011) Second Half Revisions,Personal Income
Zerohedge: Moody’s Zandi downgrades 2H GDP Forecast for U.S. “at best 3%” — down from 3.5% MSNBC: After debt deal, economy in deeper peril http://on.msnbc.com/nYrOIt WSJ: Breaking: U.S. personal spending fell 0.2% in June,…
Top Active Trader Alert Stocks (ALU, NOK, SIRI)
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Alcatel-Lucent (NASDAQ: ALU), Nokia Corporation (NASDAQ: NOK), and Sirius XM Radio (NASDAQ: SIRI). Alcatel-Lucent…
EU Youth Unemployment Tops 20%
nationsonline.orgThe economy in the EU region will not get better for years because it can’t. Eurostat reports that unemployment in June among people under 25 was 20.3% in the euro-area. The rate is an…
Google Android Market Share Moves To No.1
Google’s (NASDAQ: GOOG) Android mobile OS has the largest share of the smartphone market worldwide, research company Canalys reports. Based on its survey of 56 countries, Android’s share was 48% in the second quarter. The…
Toyota And BMW Forecasts Surge
Toyota (NYSE: TM) is supposed to be a company in trouble. BMW, on the other hand, is the car industry’s darling. But both raised their sales forecasts for the balance of the year. Either…
Media Digest (8/2/2011) Reuters, WSJ, NYT, FT, Bloomberg
The House approved a debt-ceiling compromise (Reuters) Fake Ikea stores have been set up in China (Reuters) Central Falls, RI declared Chapter 9 (Reuters) Canalys says Google’s (NASDAQ: GOOG) Android has 50% of the…
The Countries With The Fastest Growing Populations
The world’s population is likely to exceed 10 billion by the end of the century, up from 7 billion this year, according to research based on United Nations data. While population changes will remain…
July 2011 Manufacturing ISM Report Makes Stocks Nosedive
The July 2011 Manufacturing ISM Report was devastating and sent stocks reeling downward. The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management Manufacturing Business Survey…
Top Active Trader Alert Stocks (LVLT, PAET, SIRI, SUNH)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Level 3 Communications (NASDAQ: LVLT), PAETEC Holding Corp. (NASDAQ: PAET), Sirius XM Radio Inc.…
The Twitter-24/7 Wall St. Market Report (8/1/2011) US Debt Downgrade, July Car Sales
NYT: Global Markets Are Up After U.S. Debt Deal http://nyti.ms/qTmc0C Bloomberg: U.S. Auto Sales Stall http://bloom.bg/qlvWbd $F $GM Zerohedge: Goodbye Japan V-Shaped Recovery: Record July Car Sales Plunge http://is.gd/qLHeNc Yahoo! Finance: Debt deal brings…
Today’s Best Market Rumors (8/1/2011) Foxconn Robots, Goldman Sale
Updated throughout the day. Apple (NASDAQ: AAPL) supplier Foxconn will use up to one million robots for manufacturing by 2013 (Reuters) Lansdowne Partners sold an $850 million stake in Goldman Sachs (NYSE: GS) as…
HSBC To Kill 30,000 Jobs
The recession is supposed to be over, or at least the part during which joblessness grew. HSBC (NYSE: HBC) offered another example that is not the case. It will cut 30,000 people over the…
Budget Deal: No New Taxes
“Read my lips: no new taxes”–George H. W. Bush at the 1988 Republican National Convention The final budget bill crafted to allow an increase in the debt cap will be shy one thing: There…
The US Car Market And The Collapse Of GM
GM (NYSE: GM) was supposed to be one of the largest beneficiaries of the recovery of the US car market. It had been through a bankruptcy with federal government aid which helped it substantially…