Amazon And The Commercial Real Estate Disaster
Many of the largest mall operators in the US have gone into default. The Wall Street Journal recently said that the problem is caused by the effects of the economy on small business owners and…
All Work
Douglas A. McIntyre
Portugal And The Price Of Oil
Portugal finally asked the EU for financial aid. The capital markets had driven its cost of borrowing too high to be sustainable. The country also had to admit that the figures from its last…
Another Mad Rush To Control The TV
Dish Network bought the assets of Blockbuster to compete with Netflix (NASDAQ: NFLX), if the media is right. At about the same time, Netflix signed an arrangement to offer “Mad Men,” and Google (NASDAQ:…
The US Companies Adding The Most Employees
The unemployment rate rose so fast in 2008 and 2009 that in some months the US lost more than 500,000 jobs. That trend has only begun to reverse itself this year, and the progress…
Media Digest (4/7/2011) Reuters, WSJ, NYT, FT, Bloomberg
The ECB is likely to raise rates and more may come this year (Reuters) Portugal sought aid from the EU as its ability to raise money faltered (Reuters) A top M&A lawyer Mathew Kluger…
Daily Austerity Watch 4/6/11 — Government Shutdown Likely
The Washington media elite is giving Daily Austerity Watch whiplash. First, pundits were certain that the government was going to shut down as the Democrats and Republicans continue their game of fiscal chicken. Then…
The Twitter-24/7 Wall St. Market Report (4/6/2011) Blockbuster Sale, Portugal Debt Sale
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 (AMSC, ORCH, GLNG)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of American Superconductor Corporation (NASDAQ: AMSC), Orchid Celmark, Inc. (NASDAQ: ORCH), and Golar LNG Limited…
Today’s Best Market Rumors (4/6/2011) Borders Reorg, Dish Buy Blockbuster
Updated throughout the day. Dish Network bought the remaining assets of Blockbuster (WSJ) Success Factors will shift its IPO from NASDAQ to NYSE (WSJ) The head of Italian bank Generali stepped down (WSJ) Borders…
Dish Network To Reboot Blockbuster
Just as it appeared that Blockbuster would be liquidated Dish Network bought it for $320.6 million in a process overseen by a federal bankruptcy court, according to The Wall Street Journal. The most extraordinary…
Toyota Credit Rating–Another Quake Victim
Moody’s may rob Toyota Motor (NYSE: TM) of its Aa2 rating which would in theory make it more expensive for the world’s largest auto manufacturer to raise money. In its comments about Toyota, Moody’s…
Is John Chambers Too Old To Fix Cisco?
CEO years are like dog years. Most chief executives at large corporations are fortunate if they last a decade on the job. Cisco’s (NASDAQ: CSCO) CEO John Chambers, who has been on the job…
Media Digest (4/6/2011) Reuters, WSJ, NYT, FT, Bloomberg
The SEC has a plan to lower market volatility (Reuters) A re-balancing of the Nasdaq 100 cuts Apple’s (NASDAQ: AAPL) influence on the index (Reuters) John Chambers, the head of Cisco (NASDAQ: CSCO) said…
At The Core Of Republican Deficit Plan–Do Tax Cuts Work?
The Republicans released their proposed financial plan and it aims to balance America’s budget by 2015. Called “The Path To Prosperity: Restoring America’s Promise”, its success is based as much on tax modifications as…
Austerity Watch (4/5/2011) Fear & Loathing In DC, The Collapse Of Portugal
The concerns over government spending and the need for a new budget in Washington grew as Tim Geithner said the Treasury would be out of money before mid-May. Members of Congress hardly seem to…
The 24/7 Wall St./Flame Index: April 5 The Companies With The Most Bad News
Note: The Flame Index scans thousands of news sites 24 hours per day and ranks companies getting the most negative press right now. The Flame Index Media Analysis Algorithm crunches the data for an…
Top Active Trader Alert Stocks (CBST, EXPE, LEDS)
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Cubist Pharmaceuticals (NASDAQ: CBST), Expedia, Inc. (NASDAQ: EXPE), and SemiLEDs Corporation (NASDAQ: LEDS). Cubist…
Today’s Best Market Rumors (4/5/2011) Living Social Capital, Google FTC
Updated throughout the day. The FTC will begin an antitrust probe into Google’s (NASDAQ: GOOG) search business (Bloomberg) Living Social will raise $400 million (WSJ) Douglas A. McIntyre
Gas, Up Nearly 3% In A Week, Presses Toward $3.75
Economists and the media continue to say that no one can predict when the price of gas will hurt consumer spending, damage business profits, and slow economic growth. There is no need to worry…
The Ten States With The Worst Property Taxes
The burden of property taxes occurs several ways. The first is their cost. Others are relative–what someone pays in relationship to theoretical value of their homes. Another is the percent a homeowner pays of…