Among The Apple Announcements, No Move Toward 4G
Apple (NASDAQ: AAPL) announced its new iCloud multimedia storage system and a new version of its OS called Lion. Nothing was said about updated versions of the iPad or iPhone at Apple’s World Wide…
All Work
Douglas A. McIntyre
Greece Telecom Sale Not Enough
The Greek government will sell 10% of the Hellenic Telecommunications Organization, the nation’s telecom company, to Deutsche Telekom of $585 million. That it not much for a country that has $130 billion in loans…
A Misguided Plan To Cut The Federal Workforce By 10%
Three Congressmen, Reps. Darrell Issa of California, Dennis Ross of Florida and Jason Chaffetz of Utah are proposing to cut the federal workforce by 10% before 2015. There plan is simple . The Office…
Media Digest (6/7/2011) Reuters, WSJ, NYT, FT, Bloomberg
A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit a 2 1/2…
The Countries Where Internet Use Will Explode
Think the Internet is big now? You ain’t seen nothing yet. A recent report from Cisco Systems Inc. has some astounding predictions, including one that global Internet traffic will rise 4-fold from 2010 to…
Martha Stewart Living Death Watch (Update)
The effects of Martha Stewart Living Omnimedia’s (NYSE: MSO) announcement that it would explore “strategic” options has worn off. This is to a large extent due to remarks made by Martha Stewart herself. Stewart told All…
Rumors We Would Like To Hear: HTC To Buy RIM
Taiwan smartphone company HTC has an annual revenue run rate of close to $20 billion and it is currently growing at a rate of about 100% a year. HTC will ship 60 million handsets,…
Austerity Watch: Why Giving The Young More Tax Breaks Might Work
Youth may be wasted on the young, but people starting out in their careers deserve more assistance than they are getting from the government. That’s the gist of an interesting p9st on The Daily, …
Today’s Best Market Rumors (6/6/2011) OPEC Increase?
Updated throughout the day Goldman Sachs (NYSE: GS) may make a public attack on Senate charges about its behavior before the credit crisis (WSJ) Two senior JP Morgan (NXYSE: JPM) executives will leave top…
Top Active Trader Alert Stocks (BPAX, STKL, UTHR)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of BioSante Pharmaceuticals (NASDAQ: BPAX), unOpta, Inc. (NASDAQ: STKL), and United Therapeutics Corporation (NASDAQ: UTHR).…
EU And IMF Need Assurances From Greek Unions
Demonstrations over Greece’s plans to increase austerity measures to get new EU and IMF loans brought 80,000 people into the streets of Athens over the weekend. Prime Minister George Papandreou may get the money…
Media Digest (3/6/2011) Reuters, WSJ, NYT, FT, Bloomberg
Goldman Sachs (NYSE: GS) may release papers to investigators that show its trading behavior at the start of the credit crisis used flawed math and that the bank did not violate regulations. (WSJ) The…
Where Is The Proof Of Google’s Chinese Cyberattack?
The Chinese government has attacked Google (NASDAQ: GOOG) over its allegations that hackers within the People’s Republic recently compromised Gmail accounts. China’s People’s Daily reported that Google’s comments have “become obstacles for enhancing global…
The Week’s Market Winners
S&P 500 WEEK TOP 10 (27 MAY – 2 JUN) Ticker Weekly Price Change (%) Close Price 2Jun11 Close Price 27May11 Market Cap ($Mil) Apollo Group Inc APOL 16.6 46.90 40.22 6618.9 DeVry Inc…
From Dodd(-Frank) to Dud?
by Jesse Eisinger and Jake Bernstein ProPublica, June 3, 2011, 9:16 a.m.by Jake Bernstein and Jesse Eisinger, ProPublica, Dec. 22 by Jake Bernstein and Jesse Eisinger, ProPublica, Aug. 26by Jesse Eisinger and Jake Bernstein,…
Daily Austerity Watch: Soda Taxes Are Not The Answer To Fiscal Woes:
Politicians, such as Philadelphia Mayor Michael Nutter, find the idea of taxing sugary drinks appealing because they think it will solve their fiscal problems and promote better nutrition at the same time. The one…
Top Active Trader Alert Stocks (DRYS, OREX, TSLA)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of DryShips, Inc. (NASDAQ: DRYS), Orexigen Therapeutics, Inc. (NASDAQ: OREX), and Tesla Motors, Inc. (NASDAQ:…
The Ten Countries With The Most Millionaires
The world is becoming wealthier. According to a new report from The Boston Consulting Group, global wealth grew by about 8% in 2010 to $121.8 trillion. By the end of 2015 that amount is…
Which Social Network Will Be The Last IPO?
There is a game of chicken between social networks and the stock market. Each new IPO raises more questions about valuations. Those questions may bring more skepticism from investors. The big social network that…
Unemployment And Gas Prices
The May ADP numbers are awful, showing that the US economy added only 38,000 private sector employees. Public sector jobs are likely to fall as well as austerity measures at the federal, state, and…