A G8 Promise To The Middle East Already Broken
The FT recently pointed out that aid from the G8 to new democracies in the Middle East and North Africa may be undermined by austerity movements in the world’s large economies. The IMF says…
All Work
Douglas A. McIntyre
How Much Are China Sales Worth To Microsoft ?
Microsoft (NASDAQ: MSFT) says that the sales of Windows in China are about 5% of what they are in the US although each country has about the same number of PCs. Piracy is the…
Media Digest (5/27/2011) Reuters, WSJ, NYT, FT, Bloomberg
Google (NASDAQ: GOOG) was sued by PayPal and Ebay (NASDAQ: EBAY) over the use of trade secrets in its new e-commerce payment system. (Reuters) A power shortage in China may cause the government to…
Wisconsin Anti-Union Law Goes Down In Flames: Daily Austerity Watch
Wisconsin Gov. Scott Walker (R) became a hero to fiscal conservatives earlier this year for pushing a law through the state Legislature that stripped most of the collective bargaining rights away from public sector…
Bill Clinton Was Right About The Debt Ceiling: Daily Austerity Watch
Former President Bill Clinton got in hot water yesterday for arguing that a default on the U.S. might not be as calamitous as some have suggested. The “Comeback Kid” quickly apologized, which is a…
Top Active Trader Alert Stocks (LVLT, NTAP, USAT)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Level 3 Communications, Inc. (NASDAQ: LVLT), NetApp Inc. (NASDAQ: NTAP), and USA Technologies (NASDAQ:…
Today’s Best Market Rumors (5/25/2011) More Goldman Trouble
Updated throughout the day Citic Sec will raise $1.6 billion in a Hong Kong IPO (Reuters) The Administration will suspend a number of regulation which slow American business (FT) The NY Fed is investigated…
In Defense Of Steve Ballmer
In defense of Steve Ballmer, Microsoft (NASDAQ: MSFT) may not be a company that can be greatly improved, no matter who runs it. Hedge fund chief David Einhorn of Greenlight Capital called for Ballmer…
How Foreclosures Will Save Housing: 28% Of Homes Sold In Q1 In Foreclosure
Foreclosures are the blight that has spread through the real estate market and driven prices to decade lows. The drop in property values that foreclosures have caused has pressured homeowners who want to sell…
Martha Stewart Living Death Watch
Martha Stewart Living Omnimedia (NYSE: MSO) has retained Blackstone to consider strategic options for the company founded by the diva of good taste. “Strategic options” is usually another way to say the firm is…
Media Digest (5/26/2011) Reuters, WSJ, NYT, FT, Bloomberg
G8 leaders will met and will probably focus on the IMF and upheaval in Africa and the Middle East (Reuters) Hedge fund manager David Einhorn wants Steve Ballmer replaced as CEO of Microsoft (NASDAQ:…
Eight Things College Graduates Can Do To Land A Dream Job
Graduating college is no longer a golden ticket to economic security. As the economy continues to struggle, many recent graduates are being forced to live with their parents as they compete for jobs with…
Six Reasons The American Economy Needs Memorial Day
The origins of Memorial Day date to the aftermath of the Civil War when people would decorate the graves of fallen soldiers to honor their service. Though the holiday still retains its reverential and…
Toyota And Honda Head To The Slaughterhouse
Unit Sales Forecast Manufacturer May 2011 Forecast % Change vs. April 2011 % Change vs. May 2010 Chrysler 110,132 -5.3% 5.1% Ford 188,280 -0.5% -1.9% GM 225,394 -3.1% 1.5% Honda 92,889 -25.6% -20.7% Hyundai/Kia…
The Twitter-24/7 Wall St. Market Report (5/25/2011) Durable Goods, California Pizza Kitchen
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Top Active Trader Alert Stocks (COST, CPKI, VVUS)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Costco Wholesale Corporation (NASDAQ: COST), California Pizza Kitchen, Inc. (NASDAQ: CPKI), and Vivus, Inc.…
Today’s Best Market Rumors (5/25/2011) Zynga IPO, Avon Charges
Updated throughout the day. Google (NASDAQ: GOOG) will launch an online payment system this week (Reuters) Diageo may buy Jose Cuervo (Reuters) State attorneys general told several banks that they face civil suits which…
The Six Demographic Characteristics Of Divorce
Divorce is a common in America today. In many cases, divorce affects people from all walks of life similarly except for the poor. Between 2005 and 2009, 10.8 percent of “white” people referred to…
Sony 0, Microsoft 2 –PS Customers Screwed
Sony Corp. (NYSE:SNE) Chief Executive Howard Stringer is living proof of “Murphy’s Law.” Everything that could have gone wrong for the media and electronics giant has done so. Last month came word that personal…
Short Sellers Savage The Macro-Caps Across The Board
No industry was able to avoid short selling activity, particularly among its largest companies. Tech, automotive, conglomerates, consumer goods, and financial shares were all under pressure, and big firms took the brunt of the…