Toyota To Raise Prices, Test Consumer Resilance
Toyota Motor (NYSE: TM) will raise prices on some of its cars and light trucks by 2.2% in May. It is a risk worth taking if sales of all vehicles in the US will…
All Work
Douglas A. McIntyre
Oil Prices And S&P Profit Forecasts
JPMorgan recently increased its profit estimate for the S&P 500 2011 earnings from $94 to $97.50. The bank is not alone in its optimism. The direction of the market, which has recently hit two-and-a-half…
Americans Concerned About Outsourcing Overseas
Unemployment in the US would improve more rapidly if American companies stopped sending jobs overseas. That conclusion may be naive, but it it real nonetheless. A new Gallup poll says. “One in four Americans…
Fannie Mae And Freddie Mac Execs Got Fair Pay
The Federal Housing Finance Agency’s Inspector General issued a report which says the managements at Freddie Mac and Fannie may have been paid too much. The FHFA should have been more transparent about the…
Media Digest (4.1.2011) Reuters, WSJ, NYT, FT, Bloomberg
David Sokol’s trading in Lubrizol before Berkshire Hathaway (NYSE: BRK) bought it may cause regulators to review the transaction. (Reuters) The Inspector General of the Federal Housing Finance Agency said pay of executives and…
From Strippers to Shipwrecks, America’s Most Unusual Public Companies
The capital markets bring reward and obligation alike to public companies which need them for capital needed to fuel their growth. Many unique companies which opt to go public have business models many Americans…
A Three-Year Look At Airlines
Three-Year History of Ten Key Metrics for Major US Airlines: (For this analysis United/Continental data is pro forma) Operating Revenue (total of eight airlines) 2008 = $126.2 billion 2009 = $106.7 billion 2010 = $122.2 billion…
Daily Austerity Watch (3/31/11) — Portugal, US Budget
Portugal: Forget S&P, Moody’s, the IMF or the EU. The best explanation of Portugal’s financial predicament is on the website of Portugal’s Tourism Office even though it was not planned that way. We sometimes…
In Debate Over Bank Capital Regulation, a Trans-Atlantic Gulf
by Jesse Eisinger, ProPublica, March 30, 2011, 4:26 p.m.March 16, 2011 The United States and Britain are two countries separated by a common financial crisis. Since the crisis, Anat Admati and her colleagues have…
Top Active Trader Alert Stocks (DNDN, SYMX, TSLA)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Dendreon Corporation (NASDAQ: DNDN), Synthesis Energy Systems, Inc. (NASDAQ: SYMX), and Tesla Motors Inc.…
Today’s Best Market Rumors (3/31/2011) Johnson & Johnson Revamp
Updated throughout the day Former Goldman Sachs Group (NYSE: GS) Morgan Sze raised $1 billion for a new fund. (Reuters) Johnson & Johnson (NYSE: JNJ) will reorganize its consumer products division after numerous recalls…
The Brain Cell Phone Injury Debate Goes Nowhere
Researchers have tried for years to prove or disprove that cell phone use damages the brain. Long term exposure to handsets, some believe, must have side effects. Those cellular communications waves cannot help but…
Greece Might Finally Sell The Acropolis
After months of denials, Greek Prime Minister George Papaconstantinou admitted the country may be forced to sell the Acropolis, something that many consider to be unthinkable. But the unfathomable may be possible. Though the wonder…
TARP Might Make Money
The Treasury Department website is dominated by a headline that reads “Tarp Bank Programs Make Money.” The assertion has been challenged by the Congressional Budget Office. The fact that the statement might be even…
The Future of Berkshire Hathaway: Why Sokol Doesn’t Matter
Anyone who reads a newspaper or visits a news or financial site knows that Berkshire Hathaway (NYSE: BRK.B) executive David Sokol quit the conglomerate. There were questions about his trading of shares in Lubrizol before…
Media Digest (3/31/2011) Reuters, WSJ, NYT, FT, Bloomberg
A former Goldman Sachs Group (NYSE: GS) trader launched a $1 billion fund of his own (Reuters) Geithner said inflexible currencies are the world’s biggest monetary problem (Reuters) Brent rose to $116 and will…
While Nuclear Waste Piles up in U.S., Billions in Fund to Handle It Sit Unused
While Nuclear Waste Piles up in U.S., Billions in Fund to Handle It Sit Unused by Joaquin Sapien ProPublica, March 30, 2011, 11:52 a.m. While the nuclear crisis in Japan has focused attention on…
Daily Austerity Watch 3.30.11 — Just Say No?, IMF
Here is our latest installment of the Daily Austerity Watch, 24/7 Wall St.’s summary of the major news of efforts by governments to bring their fiscal houses in order. U.S. — Tired of austerity? …
Top Active Trader Alert Stocks (CEPH, NLST, VRX, VVTV)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Cephalon, Inc. (NASDAQ: CEPH), Netlist, Inc. (NASDAQ: NLST), Valeant Pharmaceuticals (NYSE: VRX), and ValueVision Media,…
Today’s Best Market Rumors (3/30/2011) SK Telecom To Buy Blockbuster?
Updated throughout the day. SK Telecom may make a bid for Blockbuster assets (FT) Microsoft (NASDAQ: MSFT) is at work on a mobile payment systems for Windows 7 (Bloomberg) Douglas A. McIntyre