Exclusive Interview With Glam CEO Samir Arora
Glam Media is the latest media company to claim that it will soon become the largest employer of journalists. At a dinner in San Francisco earlier this month, CEO Samir Arora said Glam will…
All Work
Douglas A. McIntyre
Media Digest (4/26/2011) Reuters, WSJ, NYT, FT, Bloomberg
A review of data from the damaged Southwest Air (NYSE: LUV) 737 raised questions about Boeing’s (NYSE: BA) manufacturing process. (Reuters) Sony (NYSE: SNE) has begun to market a tablet PC. (Reuters) Silver prices…
The Royal Wedding, Unlike All Others–Financially
What’s the difference between this week’s wedding of Prince William and Kate Middleton and everyone else’s? Logistics and money. The affair — no, make that spectacle — is rumored to cost as much as…
Job Discrimination Against The Jobless
In February, the Equal Employment Opportunity Commission held a public hearing to investigate whether employers are unfairly denying jobs to unemployed applicants. Though the issue was widely covered in the press and resulted in…
Commodities Watch: Barrick Outbids Chinese Miner; China Raises Quotas on Some Metals; USDA Releases Food Price Forecast (ABX, EQXMF, LUNMF)
Today’s news includes a higher bid for a Canadian copper and gold miner, some higher quotas on Chinese metal exports, and the latest forecast on food prices for 2011 from the US Department of…
Alternative Energy Watch: BrightSource Files for IPO; IEA Publishes Roadmap for Biofuels; Chinese Battery Maker De-listed (CRTP, GOOG, PCG, EIX, GS, C, DB)
Today’s alternative energy watch begins with a look at the IPO filing by solar thermal maker BrightSource and then examines a new roadmap for biofuels offered up by the International Energy Agency. We’ll also…
RadioShack is Doomed (RSH, BBY, WMT, TGT, COST, VZ, VOD, S, T)
Shares in RadioShack Corp. (NYSE: RSH) are trading lower today than they were five years ago. The stock peaked in July 2007 at around $35/share and hit a low below $7/share in March 2009.…
Daily Austerity Watch: Greece Burns, Debt Ceiling Nears
Greek Prime Minister George Papandreou is on a quixotic quest — to borrow a metaphor from another cash-strapped European country — to convince the world that his country will not have to restructure its…
Natural Gas Drilling Is at a Crucial Turning Point
by Abrahm Lustgarten, ProPublica, April 21, 2011, 2:33 p.m. ProPublica has been covering gas drilling since 2008. When The Guardian asked us to participate in a series it is running about hydraulic fracturing and…
Top Active Trader Alert Stocks (AVNR, BRCD, SOHU)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of AVANIR Pharmaceuticals (NASDAQ: AVNR), Brocade Communications Systems (NASDAQ: BRCD), and Sohu.com Inc. (NASDAQ: SOHU).…
Today’s Best Market Rumors (4/25/2011) Boeing 737, GM Brand
Updated throughout the day. Supply problems will hurt sales of Apple (NASDAQ: AAPL) iPads (Reuters) Production problems at Boeing (NYSE: BA) caused trouble in its 737 planes (ABC) GM (NYSE: GM) will try to…
Gas Prices Now Up $1 In A Year
Gas prices are officially up $1 in one year, if anyone cares. The AAA Daily Fuel Gauge Reports shows that a gallon of regular gas cost $2.854 a year ago, and $3.863 yesterday. Maybe…
GM May Take Back No.1 Car Company Spot From Toyota Due To US Taxpayers
GM (NYSE: GM) may be the No.1 car company in the world this year, after it lost that position to Toyota (NYSE: TM) three years ago. The change of fates has more to do…
Another Reason To Fire Boeing’s CEO
W. James McNerney, Jr., Boeing’s (NYSE: BA) Chairman and CEO, has hung onto his job since July 2005. The company’s flagship Dreamliner has been delayed at least a half a dozen times over that…
America’s Housing Paradox: Homes Are Affordable, But No One Will Buy
Americans still believe homes are still a good long-term investment. Unfortunately for the real estate sector, 30% of the same people think home prices will continue to drop compared with 28% who believe they…
Media Digest (4/25/2011) Reuters, WSJ, NYT, FT, Bloomberg
The NYSE (NYSE: NYX) said an M&A deal with Deutsche Boerse would offer greater savings than a NASDAQ (NYSE: NDAQ) deal. (Reuters) Silver rose 5% on the dollar’s weakness. (Reuters) The housing market may…
America’s Ten Largest Employers
The largest companies in the US based on the number of workers worldwide are not necessarily the biggest in terms of revenue, profits or business locations. Some are much more efficient than others. Apple…
Windows’ Future In Question As Sales Reach 350 Million
Odd, that Microsoft (NASDAQ: MSFT) should announce that it had sold 350 million copies of Windows 7 just as Amazon’s (NASDAQ: AMZN) cloud computing service collapsed and left clients’ website and download services marooned.…
The Week’s Largest Market Losers
Iron Mountain’s proxy fight with Elliott Management continued, as the company added an Elliott board member and said it may sell its digital assets. Harley fell on weak earnings. Gilead posted atrocious earnings. S&P…
Week’s Largest Stock Gainers
Biogen Idec shares rallied on news that its MS drug has posted positive trial results. F5 reported a strong quarter as did Intel. S&P 500 WEEK TOP 10 (15 APR – 21 APR) Ticker…