HP’s Board Walks Out, Leaves A Void
Four members of the Hewlett-Packard (NYSE: HPQ) board will leave and be replaced by five new members. Those who will depart were at the center of the debate over the fate of Former CEO…
All Work
Douglas A. McIntyre
Google: The Non-CEO As CEO
The press made a great deal of the change in command at the top of Google (NASDAQ: GOOG). It is hardly a change at all. The new CEO of the giant search company is…
Media Digest (1/21/2011) Reuters, WSJ, NYT, FT, Bloomberg
Hewlett-Packard (NYSE: HPQ) substantially changed its board. Four directors left and several, including former Ebay (NASDAQ: EBAY) CEO Meg Whitman, were added (Reuters) Paul Volcker will leave his post as an advisor to the…
Warren Buffett’s Greatest Investments Of All Time
Many investors find no better teacher than Warren Buffett. His place as one of the world’s wealthiest men speaks for itself thanks to the almost unimaginable gains seen by Berkshire Hathaway Inc. (NYSE:BRK.A). 24/7…
Why Cracking Down On Illegal Immigrants Is Nuts
The Obama administration has been accused by Republicans of being “soft” on illegal immigration. Nothing can be further from the truth and there lies the problem. As The Wall Street Journal noted today, U.S.…
Top Active Trader Alert Stocks (CYTX, EBAY, FFIV, FITB, MNKD)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Cytori Therapeutics (NASDAQ: CYTX), eBay Inc. (NASDAQ: EBAY), F5 Networks, Inc. (NASDAQ: FFIV), Fifth Third…
State Problems Risk Renewed Rise In Unemployment
Economists believe that the US recovery is well enough underway so that the private sector will begin to add jobs. It happened to a limited extent in the fourth quarter of last year. Some…
Time To Drop Earnings Estimates For 2011
Delta Airlines (NYSE: DAL) said that an increase in the cost it must pay for fuel could hurt its earnings for the balance of the year. The International Air Transport Association, which constantly revises…
Greece Wants A Better Deal
Greece wants a better deal on the rate it pays for its sovereign debt. “A discussion has begun on the cost of the loans and that is very important for us, so that we…
China’s Economy And Stock Market Decouple
China’s GDP grew 9.8% in the fourth quarter of last year. The country’s consumer price index dropped to 4.6% in December compared to the month before. Experts will say that tightening by the central…
Media Digest (1/20/2011) Reuters, WSJ, NYT, FT, Bloomberg
Google’s (NASDAQ: GOOG) results will be helped by holiday spending (Reuters) Ebay’s (NYSE: EBAY) turnaround helped increase earnings (Reuters) Nintendo said the negative reports about its 3D products were out of proportion (Reuters) Nokia…
U.S. Defense Cuts Present A Huge Opportunity For The Chinese
Defense Secretary Robert Gates won kudos earlier this month when he announced plans to slash $78 billion over 5 years from the Pentagon’s budget and cut the size of the Army and Marine Corps. …
US Firms Sign Up to Deliver the Goods to China With Special Hope For GE
The visit of China’s president Hu Jintao has given several US companies an opportunity to announce deals with a variety of Chinese companies in everything from clean energy projects to airplane avionics. It’s good…
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…
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…