Americans Expect Home Prices To Fall
A majority of Americans expect the drop in home prices which began in 2007 and has occurred each year since then to continue in 2011. This is not surprising. S&P recently wrote that the…
All Work
Douglas A. McIntyre
Another Year Of Big Profit For Airlines
AirlineFinancials.com estimates the eight largest US airlines, starting this week, will collectively report $3.95 billion in profits from $122.2 billion in revenues for 2010. The average net profit margin is projected at 3.3%. Assuming…
Media Digest (1/17/2010) Reuters, WSJ, NYT, FT, Bloomberg
Chinese President Hu Jintao remained firm on his country’s yuan policy. (Reuters) Eurozone finance ministers will debate an increase in the region’s bailout fund. (Reuters) Investors are looking for more strong banks earnings after…
OPEC OKs $100 Oil
Oil ministers from both Venezuela and Libya said they did not believe $100 oil prices would do any damage to the world economy. Libya’s minister believes that crude at $120 a barrel would not…
The Worst Stocks Of The Week (SVU, WMT, MRK, VZ, S, T, AAPL)
S&P 500 WEEK: BOTTOM 10 (07 JAN-13 JAN) Ticker Weekly Price Change (%) Close Price 13Jan11 Close Price 07Jan11 Market Cap($Mil) SUPERVALU INC. SVU -13.4 7.50 8.66 1591.3 Merck & Co Inc. MRK -7.1…
Americans Hate Their Lives
Americans are told, almost every day, that their lives are getting better. The recession is over. They are about to get the benefits of tax laws. US citizens will keep their Social Security, Medicare,…
Best Stocks Of The Week (NVDA, ITT, AAPL, GOOG, APOL, NFLX, CSTR)
S&P 500 WEEK TOP 10 (07 JAN -13 JAN) Ticker Weekly Price Change (%) Close Price 13Jan11 Close Price 07Jan11 Market Cap($Mil) NVIDIA Corp NVDA 17.7 23.39 19.87 13589.6 ITT Corp ITT 13.0 59.45…
The Real Reason Why Retail Sales Rose? Discounts
Lost in the fog about the record 0.5% growth in December and 6.6% gain in 2010 retail sales was the reason behind it: discounts. Retailers — both large and small — learned their lesson…
Will New Verizon 4G Phones Threaten iPhone Sales?
The availability of the iPhone 4 from Apple Inc. (NASDAQ: AAPL) on the Verizon Wireless network is expected to be be a big win for the carrier, a joint venture between Verizon Communications Inc.…
Seven Companies That Rely On Aging Products
Some of America’s largest companies rely heavily on products which they have owned for decades to account for a very large part of their sales and a significant part of their reputations with the…
Tax Refunds for Some Headed to Prepaid Debit Cards
The US Treasury Department will be sending out 600,000 invitations to taxpayers who are unlikely to have a bank account offering them an opportunity to receive their tax refunds through a prepaid debit card.…
Google’s ITA Acquisition Could Launch US Anti-Trust Complaint
The $700 million acquisition of ITA Software by Google Inc. (NASDAQ: GOOG) has been opposed by other travel sites practically from the moment it was announced in July 2010. Now, Bloomberg is reporting that…
Top Active Trader Alert Stocks (CPIX, CSTR, INTC)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Cumberland Pharmaceuticals, Inc. (NASDAQ: CPIX), Coinstar (NASDAQ: CSTR), and Intel Corp (NASDAQ: INTC).…
China Tightens Again, Will Be Overwhelmed By Inflation
China tightened bank reserve standards again to take some of the capital poured into the market by stimulus programs out of circulation. The action is unlikely to stop inflation. Too many forces are in…
Netflix Crushes Redbox
Coinstar (NASDAQ: CSTR) said that sales results from its Redbox kiosks were below expectations. That caused the company to revise downward Q4 and 2011 expectations. “Nevertheless, redbox revenue grew 38% year-over-year in the fourth…
Kinect Cannot Save The Video Game Industry
The Kinect version of Xbox 360 sold eight million units the first 60 days it was on the market. Kinect sales should have improved as the holiday season progressed. That did not happen because…
Among Americans, A Sudden Concern About The Deficit
American’s may have heard about the warnings from Moody’s and S&P. The two credit ratings agencies announced that they could downgrade the US’s AAA ratings. According to Gallup, while unemployment remains the single greatest…
Media Digest (1/13/2011) Reuters, WSJ, NYT, FT, Bloomberg
The heads of several major investment banks attempted to sell their services of an AIG (NYSE: AIG) plan to pay off money it owes taxpayers (Reuters) Forecasts from Intel (NASDAQ: INTC) helped combat fears…
An Android Secuity Threat? A Self-Serving Answer
Is Google Inc.’s (NASDAQ:GOOG) Android operating system more vulnerable to security flaws than the Apple Inc. (NASDAQ:AAPL) iPhone as Trend Micro CEO Steve Chang claims? Who knows? But that didn’t stop Bloomberg News from…
Economic Recovery Sputters Amid Weak Consumer Confidence
The U.S. economy continues to sputter along like a car down to its last gas cap’s worth of fuel before stalling on the side of the road. Jobless claims figures unexpectedly rose and now…