The States Where People Can’t Afford Gas
The price of gasoline has risen to $3.815, according to AAA. Four dollar gas may only be a month away if crude oil stays above $105 and the Libyan conflict continues. There are also…
All Work
Douglas A. McIntyre
Daily Austerity Watch: More Troubles For Greece
Daily Austerity Watch wouldn’t want to be Greek Prime Minister George Papandreou for all the baklava in Athens. Then again, we wouldn’t want to trade places with Gov. Jerry Brown (D-CA) for all the…
Top Active Trader Alert Stocks (AMLN, BRNC, CHK, GOOG, INFY)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Amylin Pharmaceuticals (NASDAQ: AMLN), Bronco Drilling Company (NASDAQ: BRNC), Chesapeake Energy (NYSE: CHK), Google, Inc.…
The Twitter-24/7 Wall St. Market Report (4/15/2011) Gas Prices, India Inflation
This is the Twitter-24/7 Wall St. market report for April 15, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Today Best Market Rumors (4/15/2011) NBC Sports, Groupon IPO
Updated throughout the day. Regulators and Wall St. banks are close to a settlement on mortgage loan fraud (WSJ) An IPO may value Groupon as high as $20 billion (WSJ) Comcast’s (NASDAQ: CMCSA) NBCU…
As World Hunger Rises, Aid Disappears
Global organizations like the World Bank and UN may hope that the more that they discuss the global food crisis, the more likely that it is the trouble will go away. The agencies cannot…
Google’s Earnings No Sign Of Tech’s Direction
Tech stocks will sell off because of weakness in Google’s (NASDAQ: GOOG) earnings. They should not. Google’s numbers are not a sign of anything beyond its profligate spending. The search engine company’s net income…
Moody’s Downgrades Ireland, And With It All Of Europe
Moody’s downgraded Ireland’s sovereign paper from Baa1 to Baa3. That is two notches and the credit rating agency also said its outlook on the debt was still negative. The downgrade was deserved and shocked no…
China’s 9.7% GDP–No Easy Answer On Inflation
China’s GDP rose 9.7% in the first quarter. The nation’s consumer prices rose 5.4% in March compared to the same month a year ago. Economists would argue that China could tame inflation by lowering…
Media Digest (4/15/2011) Reuters, WSJ, NYT, FT, Bloomberg
A sharp increase in costs hurt Google’s (NASDAQ: GOOG) first quarter earnings. (Reuters) Bank of America (NYSE: BAC) is expected to beat earnings forecasts but mortgage costs will hurt its numbers. (Reuters) Banks are close…
Alternative Energy Watch: Suntech Now World’s Largest Supplier of Solar PV Modules; Methane Releases Revisited; Storage Deal Announced for Wind Farm (STP, FSLR, CSIQ, HSOL, SPWRA, JASO, DUK)
Our daily review of alternative energy begins today with the latest rankings of solar PV makers by sales. Also, a recent study by Cornell University researchers on the release of methane as a result…
Daily Austerity Watch: The United States of Ireland
Let’s close our eyes and pretend we live in a country where taxes so low that companies are beating down the door to set up shop there. Readers of Daily Austerity Watch may ask…
Top Active Trader Alert Stocks (ERIC, INVE, IRE, NBG, OPEN)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Identive Group (NASDAQ: INVE), Bank of Ireland (NYSE: IRE), National…
The Twitter-24/7 Wall St. Market Report (4/14/2011) Zipcar IPO, BP Trouble
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 (4.14.2011) Warner M&A, White iPhone
Updated throughout the day. US regulators are examining whether large banks manipulated the Libor (WSJ) Apple (NASDAQ: AAPL) suppliers have begun to make components for a white iPhone 2 (Reuters) China’s Citic Securities will…
Foreclosures Fell But The Real Estate Market Still Stinks
The real estate market is showing signs of life after being pushed into the abyss by the Great Recession. A resurgence, though, is not around the corner. Foreclosure activity fell 27% in the first…
Finland May Be New Block To EU Bailouts
nationsonline.orgThe politics within national borders have been a limitation to the bailouts of financially weak European nations which so far include Ireland, Greece, and Portugal. Ruling parties have been put out of office in…
The Ten Largest Military Powers In The World
America is the arms merchant to the world and is likely to sell $50 billion in weapons this year. Business may not be as good in the near term, however. Military spending among all…
Senate “Anatomy Of Financial Collapse” Is Exciting Read
The Senate Investigations Subcommittee released its Levin-Coburn Report On the Financial Crisis, which is entitled “Anatomy of a Financial Collapse.” It is 635 pages and reads like a crime fiction novel. “The report catalogs conflicts of…
The Myth About Online Ad Sales Growth
The Internet Advertising Bureau, anxious to prove the effectiveness of its media, distributed a report which says online ad revenue reached $7.4 billion in the fourth quarter of 2010, up 19% from the same…