Another Bogus Real Estate Market Statistic
The real estate web site Zillow ginned up a real doozy of a statistic about the state of the real estate market today arguing that the “Zillow Home Value Index has now fallen 26%…
All Work
Douglas A. McIntyre
Top Active Trader Alert Stocks (APOL, GLUU, HILL, SHLD)
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Apollo Group inc. (NASDAQ: APOL), Glu Mobile (NASDAQ: GLUU), Dot Hill Systems Corp (NASDAQ:…
The Twitter-24/7 Wall St. Market Report (1/11/2011) AMD CEO, Japan Bond Buy
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…
Today’s Best Market Rumors (1/11/2011)
Updated throughout the day. MySpace will layoff 500 workers. The company is a division of News Corp (NYSE: NWS) (WSJ) The Apple (NASDAQ: AAPL) iPhone will cost Verizon $5 billion in subsidies (Bloomberg) Douglas…
Sprint The Casualty In AT&T vs Verizon War
Sprint-Nextel (NYSE: S) did not get the Apple (NASDAQ: AAPL) iPhone. Verizon Wireless did. Analysts say that Verizon may have to pay $2.5 billion to purchase iPhones this year. It cannot make that money…
Underwater Mortgages — Measuring the Unmeasurable
Underwater mortgages are a serious problem affecting the economy, but much of the conventional wisdom about the issue makes no sense. For instance, no one is quite sure how many mortgages are “underwater”, meaning…
Steve Ballmer Is Not Going Anywhere
Microsoft’s (NASDAQ: MSFT) CEO Steve Ballmer is not going anywhere. Some analysts say that the company’s performance at CES was poor. The world’s largest software firm said sales of its Kinect video game device…
Japan To Buy Euro Debt
Japan plans to join China as a major buyer of debt in EU nations, particularly those in financial trouble. “Japanese Finance Minister Yoshihiko Noda said Tokyo was considering using its euro reserves to buy…
Media Digest (1/11/20110 Reuters, WSJ, NYT, FT, Bloomberg
The G20 has begun work to lower chances of a food crisis (Reuters) China is likely to tighten again (Reuters) Oil stayed above $89 due to a shutdown of the Alaska pipeline (Reuters) The…
The 10 Companies That Added The Most Jobs In 2010
Last year seemed like another of unrelenting layoffs, but ten large companies added, in total, more than 200,000 jobs, according to Challenger, Gray & Christmas. Most of this increase in employment was in the…
DuPont Buying Danish Food Additives Firm
For the first nine months of its 2010 fiscal year, E.I. du Pont de Nemours and Co. (NYSE: DD) got nearly one-third of its sales from its agricultural and nutrition division. That’s more than…
Top Active Trader Alert Stocks (CNXT, HILL, STRA)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Conexant (NASDAQ: CNXT), Dot Hill Systems (NASDAQ: HILL), and Strayer Education, Inc. (NASDAQ: STRA).…
Today’s Best Market Rumors (1/10/2011) Goldman Hedge Fund, Sara Lee M&A
Updated throughout the day. Several senior Goldman Sachs Group (NYSE: GS) traders will leave to start a hedge fund (FT) The insider trading probe by the federal government is likely to cause more arrests…
The Ten States With Miraculous Recoveries In Unemployment
Unemployment numbers give very little information about how the recession has damaged the economies of cities and states which had relatively high unemployment before the recession. The media have not reported that there is…
China Trade Surplus Shrinks To $13.1 Billion: A Month Does Not A Trend Make
China’s December trade surplus was only $13.1 billion, a 17.9% increase. That would be a boom for any other nation. But, November’s improvement was a more impressive 34.9%. Some economists will claim that China’s…
The 2010 Patent Kings: Top Ten Patent Grants By Company
Patents approved by the US Patent and Trademark Office rose 31% in 2010 , according to IFI Claims Patent Services. The surge may have something to do with a pick-up of R&D after the…
The Irony Of EU Pressure On Portugal
Germany, France, and the IMF has recently put pressure on Portugal to accept financial aid from the EU. They are concerned that the bond market will turn on the small nation and drive yields…
Media Digest (1/10/2010) Reuters, WSJ, NYT, FT, Bloomberg
DuPont (NYSE: DD ) will buy Danisco for $5.8 billion to move into food business (Reuters) A number of Goldman Sachs Group (NYSE: GS) traders will depart to start a hedge fund (FT) Portugal…
Verizon To Offer Unlimited Data iPhone Plan, Price War
Verizon (NYSE: VZ) will offer unlimited data plans when it rolls out the Apple (NASDAQ: AAPL) iPhone next month, according to The Wall Street Journal. AT&T (NYSE: T), previously the exclusive provider of the…
Can Tobacco Company Dividends Stay High? (MO, PM, BTI, RAI, LO, VGR)
Some of the highest dividend-paying stocks have been the tobacco companies. Altria Group Inc. (NYSE: MO), Philip Morris International Inc. (NYSE: PM), British American Tobacco plc (AMEX: BTI), Reynolds American Inc. (NYSE: RAI), Lorillard,…