The Twitter-24/7 Wall St. Market Report (1/19/2011)
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…
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Douglas A. McIntyre
China Should Call Washington’s Obtuse Currency Bluff
By John Tamny of Forbes If the dollar were remotely strong now, calls from Washington for China to revalue its currency upward would be problematic. But since the dollar’s weak, there’s no time like…
Top Active Trader Alert Stocks (AAPL, CREE, HEV)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Apple Inc. (NASDAQ: AAPL), Cree, Inc. (NASDAQ: CREE), and Ener1, Inc. (NASDAQ: HEV). Apple Inc.…
Today’s Best Market Rumors (1/19/2010) Starbucks Pay By Phone
Updated throughout the day. Citigroup (NYSE:C) will name John Havens as president (WSJ) Starbucks (NYSE: SBUX) will launch a new product that will allow customers to pay via smartphone (NYT) Douglas A. McIntyre
The Ten Public Companies Americans Are Most Interested In
There are several ways to rank America’s most widely followed public companies. They could be ranked by annual sales, brand value, market capitalization, number of customers, or profits. Another approach is to analyze how…
China’s Internet Population Reaches 457 Million On Mobile Strength
The number of people who use the Internet in China reached 457 million in 2010, up 19%. The rapid increase will challenge the government’s ability to control information and news flow, especially on portable…
No Surprise: China Regulation Hampers US Business There
The American Chamber of Commerce in Shanghai reported shocking data, at last for companies that have never done business in China. In its 2010–2011 China Business Report, the organization reports that: Issues related to a…
Media Digest (1/19/2011) Reuters, WSJ, NYT, FT, Bloomberg
Obama and China president Hu Jintao are likely to clash on economic issues. (Reuters) The American Chamber of Commerce in Shanghai said regulations which are not enforced are the largest problem in the People’s…
China Outlends The World Bank
For cash-starved governments and businesses around the world, China is the lender of last resort. The economic might of the world’s most populous country will only grow stronger in the years to come. The…
America’s Worst Directors: M. Anthony Burns Of Pfizer
M. Anthony Burns has been a director of Pfizer (NYSE: PFE) since 1988 when the company went through several disastrous M&A events. Since then he’s sat through the ouster of two CEOs. The former…
Solar Panel Manufacturing Won’t Boost US Jobs (ESLR, ESLRD, JASO, TSL, LDK, FSLR, SPWRA, WFR)
US manufacturing sector employment peaked in the late 1970’s at more than 19 million jobs. Since then, the decline in employment has fallen to a projected low of less than 12 million jobs, according…
Top Active Trader Alert Stocks (AAPL, ARIA, DTLK, CMA)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Apple Inc. (NASDAQ: AAPL), Ariad Pharmaceuticals (NASDAQ: ARIA), Datalink Corporation (NASDAQ: DTLK), and Sterling Bancshares,…
WikiLeaks–The 21st Century Washington Post
There is another round of outrage among businesses and banks because WikiLeaks has gotten hold of private documents from bank Julius Baer from one of its former executives. Reuters reports that the data was…
Obama’s New Economic Plan: A Wing And A Prayer To Cut Paperwork
President Barack Obama used the opinion page of The Wall Street Journal to address many of the economic needs of the United States and to provide some of his solutions. Obama has tried to…
OPEC’s Funny Math For Oil Demand
OPEC recently released its January Monthly Oil Report. The analysis by the economists for the Organization of the Petroleum Exporting Countries is that the need for crude this year has risen compared to their…
Media Digest (1/18/2011) Reuters, WSJ, NYT, FT, Bloomberg
Some Senators said they would pass a currency bill to punish China on the value of the yuan just as the People’s Republic president Hu Jintao visits Obama. (Reuters) Citigroup (NYSE: C) will probably…
The Eight States Running Out Of Homebuyers
The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers. That seems obvious, but the “buyers’ strike” has caused house prices to drop, along with an epidemic…
Apple’s Steve Jobs Takes Medical Leave, Shares Likely To Plunge
Steve Jobs wrote Apple employees that he will take a medical leave of absence but will stay CEO. It is one of the few piece of news that could cause Apple’s shares to plunge.…
Shanghai Composite Drops 3% As People’s Republic President Visits US
The Shanghai Composite dropped 3%. The reasons included concerns that the central bank has tightened to prevent inflation. That maneuver may not be successful due to rising labor and commodities costs. The visit of…
A Colossal CyberAttack On The World’s Internet System
The OECD has released a report entitled “Reducing Systemic Cybersecurity Risk” which argues that hackers could bring global financial and infrastructure systems brought to their knees. The shock could be so great that it would…