Cost Of Japan Earthquake May Hit $35 Billion
Preliminary estimates for the cost of the 8.9 magnitude earthquake are as high as $35 billion, and the effects of the tsunami could cause that to grow According to research firm AIR Worldwide: Given…
All Work
Douglas A. McIntyre
S&P 500 Gainers For The Week 3.4-3.10 (SBUX, S, LUV)
Starbucks Corp SBUX 14.6 37.97 33.12 28325.6 Western Digital Corp WDC 14.4 34.32 30.01 7950.8 Sprint Nextel Corp S 12.9 4.90 4.34 14652.6 Iron Mountain Inc IRM 9.7 27.66 25.21 5535.6…
iPad Sold Out Online? (AAPL)
For those who couldn’t wait until 5 p.m. PT to get an iPad 2 from Apple Inc. (NASDAQ: AAPL) at a retail store, the company offered online sales at its website beginning at 1:00…
Nuclear Plant Extension Underwhelms Entergy (ETR, EXC, DUK)
The US Nuclear Regulatory Commission has approved a 20-year renewal of Entergy Corp.’s (NYSE: ETR) Vermont Yankee nuclear power plant. Whether that’s good news or bad for Entergy remains to be seen. The company…
The 24/7 Wall St./Flame Index: March 11 Bad Weather For Del Monte
AIG (NYSE: AIG) suffered from news that it will buy back $16 billion of distressed securities. Del Monte (NYSE: DLM) received bad press because of concerns about poor weather effecting crops. Note: The Flame…
Top Active Trader Alert Stocks (ARO, LIME, RCRC)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Aeropostale, Inc. (NYSE: ARO), Lime Energy Co. (NASDAQ: LIME), and RC2 Corporation (NASDAQ: RCRC).…
How Many iPads Are Enough?
The Apple (NASDAQ: AAPL) iPad 2 goes on sale today both online and in stores. Securities analysts and thousands of self-proclaimed Apple experts will await the weekend sales count like candidates who watch overnight…
Concerns About The Economy Broaden
Concern about the economy has begun to rise after a drop in mid and late 2010. There are a number of reasons for this, but these worries will persist until unemployment and GDP have…
Saudi Arabia Unrest: The Advantage Of Bribes
Muammar Muhammad al-Gaddafi might have been better off to use the billions of dollars he has hidden around Libya to bribe his opposition than to wage war on his countrymen. He does use the…
Media Digest (3/11/2011) Reuters, WSJ, NYT, FT, Bloomberg
Japan was hit by an 8.9 magnitude earthquake. (Reuters) Chinese insurance regulators passed on details of the AIG (NYSE: AIG) disaster to local insurance companies, according to WikiLeaks. (Reuters) Apple (NASDAQ: AAPL) will release…
Can America Afford The Rising Cost Of Autism?
If past trends are any indication, autism rates could rise by as much as 75% in the next five years. This could not have come at a worse time for the nation’s overburdened and…
S&P Cuts Libya To Junk
Only the most intrepid global capital markets investors would put money into Libya’s debt. Now even those buyers of sovereign paper have been forewarned. According to the S&P, “lowered its long- and short-term sovereign…
The 24/7 Wall St./Flame Index: March 10 GM CFO Goes
BP (NYSE: BP) stayed at the top of the list of companies receiving the most negative news after skepticism about its CEO’s apology about Deepwater Horizon. Dynegy (NYSE: DYN) threatened a Chapter 11 filing.…
The Twitter-24/7 Wall St. Market Report (3/10/2011) US Trade Gap & Jobs
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 (GMCR, HGSI, SBUX)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), Human Genome Sciences (NASDAQ: HGSI), and Starbucks…
Moody’s Downgrades Spain, But Misses A Point
Moody’s downgraded Spain’s sovereign paper “by one notch to Aa2 from Aa1. The outlook on the Aa2 ratings is negative.” The cost of fuel and inflation of goods were not mentioned as primary problems.…
China Trade Deficit Reaches $7.3 Billion, Hope For US Exports
China’s trade deficit reached $7.3 billion in February, a number many experts say was due to the Lunar New Year holiday. Media sources say the number is the highest in seven years. Economists believe…
High Gasoline Prices Soak Everything On $5 A Gallon Fears
Ben Bernanke and a number of prominent economists say that the US is in better financial shape to endure high gas and oil prices now than it was in 2008 when gas prices moved…
The States With The Strongest and Weakest Unions
The size of American labor unions has fallen sharply in the last decade. Much of this has to do with the erosion of the US manufacturing base. The single best example of this is…
Media Digest (3/10/2011) Reuters, WSJ, NYT, FT, Bloomberg
Moody’s cuts Spain’s rating and said current cuts were possible (Reuters) China posted a trade deficit of $7.3 billion. It was the worst in seven years and may have been caused by national holidays…