EU Rescues More Difficult As French And German Economies Surge
Germany’s GDP rose by 1.5% in the first quarter. France’s was higher by 1%. The numbers are nothing to brag about, but they are far better than those of the weak economies of Ireland,…
All Work
Douglas A. McIntyre
The $4 Gas Disaster: Another Tick Down For Prices, A Disaster In The Wings
AAA Daily Fuel Gauge: $3.982 The price of gas ticked down yesterday from $3.984 the day before and the same figure a week earlier. The daily gas price watch has become so popular the…
PR Firms, The Lowest Of The Low, Get Another Black Eye
Facebook hired WPP Group PLC’s Burson-Marsteller to get journalists to write negative things about Google’s (NASDAQ: GOOG) practice of collecting private data from its users. That makes Facebook look cunning, unethical, and naive. It…
The Ten States That Profit Most From Sin
As state budgets strain under huge debt loads, they are counting increasingly on “sin taxes”, one of the few reliable sources of revenue in these uncertain economic times. States have profited from the public’s …
Media Digest (5/13/2011) Reuters, WSJ, NYT, FT, Bloomberg
Taxes are a major hurdle in budget negotiations (Reuters) The IMF warned the sovereign problems of weak EU nations could spread to other (Reuters) Brent crude remained at recent levels even though some data…
Daily Austerity Watch: Why Non Profits Are Getting Squeezed
Non-profits are being squeezed like they have never been squeezed before by state and local governments, and the situation is only going to get worse. Providence Mayor Angel Tavares, whose city faces a $110…
The Twitter-24/7 Wall St. Market Report: Wholesale Prices, Retail Sales, Job Claims
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…
Today’s Best Market Rumors (5/12/2011) Takeda M&A, AIG Shares
Updated throughout the day. Takeda may buy Nycomed for $12 billion (Reuters) AIG (NYSE: AIG) may cancel its $9 billion stock offering (Reuters) Goldman Sachs has a deal with the Chinese government to launch…
Top Active Trader Alert Stocks (CSCO, SLV, WIBC)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Cisco Systems, Inc. (NASDAQ: CSCO), iShares Silver Trust (NYSE: SLV), and Wilshire Bancorp, Inc.…
Foreclosures Hit 40-Month Low As 50-Month High Lies Ahead
Foreclosures reached a 40-month low in April, and the news is more negative than positive. Real estate research firm RealtyTrac reported that its U.S. Foreclosure Market Report for April 2011 showed foreclosure filings —…
National Employee Morale Day At Cisco (NASDAQ: CSCO)
Cisco CEO John Chambers should get to live through the disgrace of rebuilding the company he made and to stand at the door of the firm and hand out the pink slips. One of…
Hatred Of Goldman Sachs May Help Business
GS.COMGoldman Sachs Group (NYSE: GS) may be the most hated large financial firm in the world. That does not seem to have hurt its business prospects. It may even help them. Companies who need…
The Cities With The Best And Worst Public Transportation
The nation’s public transit systems are rated on everything from cleanliness to on-time performance. A unique report issued by the Brookings Institution seeks to add a new and potentially useful metric — their ability…
Media Digest (5/12/2011) Reuters, WSJ, NYT, FT, Bloomberg
The government may stop the sale of $9 billion in AIG (NYSE: AIG) shares if it does not do well. (Reuters) Taketa may take over Nycomed for $14.2 billion. (Reuters) Cisco (NASDAQ: CSCO) warned…
What Does It Cost? $38,335, The Amount Boston Scientific Paid Its CEO Per Day Before He Prematurely “Retired”
> Amount Paid: $39.6 Million > Days Worked: 1,033 Days > Amount Paid Per Day: $38,335 J. Raymond Elliott, the chief executive of medical device maker Boston Scientific, has announced that he will be…
Daily Austerity Watch: Hard Choices For Governors
The forces of austerity are taking it on the chin in state capitals. Pennsylvania Gov. Tom Corbett (R) is facing a revolt by members of his own party over his plans to slash $1.6…
The $4 Gas Disaster: Public Transportation Rises
AAA Gas Gauge: $3.962 Prices began to inch higher as flood waters in the center of the country and in the Mississippi raised concerns about supply. Crude also rebounded toward $105, after a sharp…
24/7 Wall St. And Harris Interactive Survey: How Do You Choose To Travel?
24/7 Wall St. & Harris Interactive have teamed up to do a national survey to better understand American travel habits. As one of our informed readers, we would love to hear from you! Please take this opportunity to share your opinion on…
The Twitter-24/7 Wall St. Market Report (5/11/2011) Massive Trade Deficit
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 (ASML, ASYS, ROVI)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of ASML Holding N.V. (NASDAQ: ASML), Amtech Systems, Inc. (NASDAQ: ASYS), and Rovi Corporation (NASDAQ:…