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…
All Work
Douglas A. McIntyre
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…
The Twitter-24/7 Wall St. Market Report Marathon Break-Up, Jobless Rate
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 (CERS, EXFO, LEDS, MU)
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Cerus Corporation (NASDAQ: CERS), EXFO Electro-Optical Engineering (NASDAQ: EXFO), SemiLEDS Corporation (NASDAQ: LEDS), and Micron…
Today’s Best Market Rumors 1/13/2011 MySpace Spin Out, Sara Lee M&A
Updated throughout the day KKR may make a bid for Sara Lee (NYSE: SLE) (Reuters) MySpace may be spun off by News Corp (NYSE: NWS) (WSJ) Douglas A. McIntyre
Moody’s: Unpleasant Comments On US Debt
Moody’s made comments on the sovereign paper of the UK, UK, Germany, and France. Each of these nations has a Aaa rating currently. The assessment of each was harsh but the US was singled…
The Ten Companies That Control The Death Industry
Death in America is a $15 billion a year industry. That includes funeral homes, crematoriums, and cemeteries, but excludes related costs such as headstones and crypts. It is expensive to die in the United…
Boeing’s New Excuse For Dreamliner Delay Is US Government
Boeing’s (NYSE: BA) 787 Dreamliner has had six official delays in its launch data, and more if every glitch in production is counted. Boeing says it will announce another new release plan in two…
The World Economic Forum Takes Stand On Global Risks
nationsonline.orgThe World Economic Forum has offered its annual evaluation of the economic situation around the globe. It does not like what it sees, for the most part. There is some sense to that. Most…