The 24/7 Wall St./Flame Index: March 9 BP Apology
BP plc (NYSE: BP) CEO Dudley apologized for the Deepwater Horizon disaster. The gesture apparently did not go over well. Negative press on the UK-based oil firm moved it to the top of the…
All Work
Douglas A. McIntyre
The Twitter-24/7 Wall St. Market Report (3/9/2011) Toyota Expands
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 (AEZS, FNSR, JDSU, OCLR)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of AEterna Zentaris, Inc. (NASDAQ: AEZS), Finisar, Inc. (NASDAQ: FNSR), JDS Uniphase Corporation (NASDAQ: JDSU),…
Today’s Best Market Rumors (3/9/2011) T-Mobile, ING Direct
Updated throughout the day. The European Banking Authority may not be able to use one standard to audit EU banks which means the process will be done nation by nation (WSJ) A deal to merge…
BP’s Empty Apology
“Never apologize; It’s a sign of weakness”–John Wayne, “She Wore A Yellow Ribbon” 1946 BP plc (NYSE: BP) CEO Bob Dudley said he was sorry about the oil spill that was the result of…
The Failure Of News Tailored To Each Person
A new Apple (NASDAQ: AAPL) iPad app called Zite will personalize news for each user based on their reading habits. Zite describes the service as “Personalization that works automatically as you use read and…
Sprint Tie-Up With T-Mobile Does Little To Help Either
Sprint-Nextel (NYSE: S) is apparently in talks with European telecom giant Deutsche Telekom about combining its US cellular division T-Mobile with the No.3 wireless provider. T-Mobile is No.4 in US cellular customers. The new…
Media Digest (3/9/2011) Reuters, WSJ, NYT, FT, Bloomberg
The Federal Reserve may change it bond buying plans because of higher oil prices. (Reuters) Toyota Motor (NYSE: TM) plans to double profits by 2015 through the launch of new hybrids and growth in…
The Myth Of The Underwater Mortgage
Just over 11 million homes had underwater mortgages at the end of the final quarter of 2010. The precise figure is 11.1 million, which represents 23.1% of all properties with a mortgage. The value…
Boeing Takes Names, Still Flying Into Headwinds (BA, EADSY, AIRYY)
The Boeing Co. (NYSE: BA) appears to have a little momentum coming off its big win over EADS (OTC: EADSY) for the new US Air Force tanker. The company has just revealed new orders…
Sprint, T-Mobile Could Combine (S, DTEGY, T, VZ, AAPL, GOOG)
A combination of Sprint Nextel Corp. (NYSE: S) and the T-Mobile USA bit of Deutsche Telekom AG (OTC: DTEGY) would bring together some 67 million subscribers now currently divided almost evenly between the two…
The 24/7 Wall St./Flame Index: March 8 Coal Drop Hits Massey
Bad press about Chevron (NYSE: CVX) rose on news that a federal judge would delay an $18 billion damage judgement made in Ecuador. Rite Aide was hit by poor press as the Supreme Court…
Economic Optimism Down
Economic optimism tailed off in February. Oil prices are at least partly to gain, although the data is from a month ago. It is not hard to guess that the figures will worsen in…
The Twitter-24/7 Wall St. Market Report (3/7/2011) McDonald’s Same Store Sales & Subway Battle
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 (ATRN, NFLX, URBN)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Atrinsic, Inc. (NASDAQ: ATRN), Netflix, Inc. (NASDAQ: NFLX), and Urban Outfitters, Inc. (NASDAQ: URBN).…
Today’s Best Market Rumors (3.8.2011) Goodbye Smith Barney, Icahn M&A
Updated throughout the day Carl Icahn may sell Federal-Mogul (Reuters) Morgan Stanley (NYSE: MS) will kill its Smith Barney brand (WSJ) Douglas A. McIntyre
Ten Companies Where Gas Prices Will Cause The Most Layoffs
“If gasoline tops $4.00 per gallon in the coming weeks, consumers may be forced to make significant changes to their spending habits. At this stage of the recovery, that could be an extremely damaging…
Subway Passes McDonald’s In Global Store Count
Subway now has more outlets than McDonald’s (NYSE: MCD), according to the sandwich shop chain. Subway had 33,749 restaurants across the world at the end of 2010, it claims. McDonald’s had 32,737 at year-end, according…
Sovereign Debt Downgrades Open IMF Door
nationsonline.orgDowngrades, sovereign interest rates, contagion, defaults, and loan guarantees. These terms swirl around Europe each time the debt of a nation is cut by a rating agency as Greece’s was by Moody’s yesterday. The…
Apple’s Primacy May Have To Move From Smartphones To Tablets
Steve Jobs said that the Apple (NASDAQ: AAPL) iPad has 90% of the table PC market when he launched the new iPad 2. Industry experts confirmed the remarkable number. The iPad may become Apple’s…