UN: Global Population To Hit 10 Billion
The world’s population is likely to reach 10.1 billion people by the end of the century up from 7 billion this year. It will reach 9.3 billion along the way–probably in 2050. There is…
All Work
Douglas A. McIntyre
Media Digest (8/1/2011) Reuters, WSJ, NYT, FT, Bloomberg
A debt deal agreed to by both parties will be voted on today (Reuters) The debt deal is likely to cause a sharp improvement in stock prices (Reuters) Hackers said they hit a cyber…
Debt Ceiling Update: Did Obama Sabotage Talks With GOP?
As the epic conflict over the debt ceiling draws on, President Obama is besieged by denunciations from the right while fielding a blitz of disapproval from the angry left. The Democrats feel betrayed by…
National Employee Morale Day At Merck (MRK)
Merck (NYSE: MRK) released an unusual earnings announcement. It is profitable, has a bright future, and will fire about 13,000 people. These employees can leave with the knowledge that they have helped the big…
Gold Sets Another Record High, Silver Punts (NEM, ABX, GG, GLD, IAU, GDX, GDXJ, SLV, DBS, SLW, PAAS, SIL)
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver…
Great American Stores Starving For Customers
It’s no secret that U.S. retail sales collapsed in 2008 and 2009 because of the recession. But several of the largest retailers consistently performed poorly between 2005 and 2010 for reasons that go beyond…
New 52-week Low for GM: Reacting to … What? (GM, F, TM)
In the absence of an agreement on a new US debt ceiling, the US government will stop paying its bills on Tuesday, August 4th, and, just like the rest of us, when that payment…
Ten Signs The Double-Dip Recession Has Begun
Today’s news on GDP shows the double dip has arrived–an expansion of only 1.3% and consumer spending up .1% in the second quarter. Astonishingly low by any account.. The debt ceiling trouble and lack…
Top Active Trader Alert Stocks (ACHI, VPRT, YHOO)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Allied Health Care International, Inc. (NASDAQ: AHCI), VistaPrint NV (NASDAQ: VPRT), and Yahoo! Inc.…
America’s Fastest Growing Cities Rue Their Successes
Most newspapers, TV stations, and websites did stories about the fastest growing cities when the Census put out its list of municipal population size for 2010. The media compared these to 2000 figures. The…
Starbucks: The Return Of The Wealthy Consumer
Starbucks (NASDAQ: SBUX) made one thing clear when it reported earnings. It will depend on affluent consumers to continue its success, which at this point is unquestionable. The slowing economy may not make the…
Contagion Concerns Resurface In Europe
While the eyes of the financial world are fixed on the U.S. budget debate and refinancing of Greece, Moody’s has put Spain’s sovereign debt on credit watch and the country set new elections. The…
Apple’s iPhone Sales Double, Set To Double Again
The juggernaut that is Apple (NASDAQ: AAPL) iPhone sales grows more powerful each day. New data show that Apple thrashed its smartphone competitors in the second quarter and may have become the largest smartphone…
Today’s Best Market Rumors (7/29/2011) Reuters, WSJ, NYT, FT, Bloomberg
Plans for a budget vote by Republicans in the House fell apart (Reuters) Moody’s threatened to downgrade Spain (Reuters) BSkyB will have a $1.6 billion share buyback (Reuters) S&P said the U.S. should cut…
Verizon: The Largest Dividend In The World
Verizon Wireless is owned 55% by Verizon (NYSE: VZ) and 45% by UK-based Vodafone (NYSE: VOD). Yesterday, the cellular service provider said it would pay a dividend of $10 billion next year. The size…
Top Active Trader Alert Stocks (AKAM, ASML, ECYT, LOGI)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Akamai Technologies, Inc. (NASDAQ: AKAM), ASML Holding N.V. (NASDAQ: ASML), Endocyte, Inc. (NASDAQ: ECYT),…
The Twitter-24/7 Wall St. Market Report (7/28/2011) Sony Disaster, Exxon Wins
This is the Twitter-24/7 Wall St. market report for July 28, 2011. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Foreclosure Rates Improve, For The Time Being
Foreclosure rates improved in the first half of the year in most large American cities. It is hardly a headline worth writing as the situation is about to take a sharp turn for the…
Future Of Banks Dims As Credit Suisse Cuts 2,000 Jobs
The world’s largest financial firms were supposed to recover after the credit crisis and the unprecedented support they received from the world’s largest governments. But things have not turned out so well if recent…
Dow Headed Toward 2,000 Point Adjustment As Debt Talks Stall
The DJIA has fallen from 12,745 a week ago to 12,330. If recent history is any indication, that move down could quickly become a 2,000 points one if the federal government cannot come up…