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…
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Douglas A. McIntyre
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,…
Three Million Jobs Created By The Fed, But No One Can Find Them
Federal Research Vice Chair Janet L. Yellen, speaking at the The Brimmer Policy Forum, Allied Social Science Associations Annual Meeting, argued that asset purchases by the central bank in 2008, 2009, 2010, and extending…
VW America: No Chance To Get US Foothold, A Defeat For Martin Winterkorn
VW wants to be the largest car company in the world. It already has strong presences in the EU, much of South American, and Asia–particularly China. The US is the one market it will…
Ford Launches Electric Focus
Ford (NYSE: F) announced an all-electric version of its Focus model. The car will be sold in 2012. Ford will work with Best Buy (NYSE: BBY) to offer a 240-volt home charging station. Ford said,…
Verizon Gets The Apple iPhone
This week Verizon will announce that the Apple (NASDAQ: AAPL) iPhone will be available through its wireless network, which it co-owns with Vodaphone (NYSE: VOD). The deal will be part of a presentation by…
Top Active Trader Alert Stocks (BPOP, DNDN, LIZ, XOMA)
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Popular, Inc. (NASDAQ: BPOP), Dendreon Corporation (NASDAQ: DNDN), Liz Clairborne, Inc. (NASDAQ: LIZ), and Xoma…
Today’s Best Market Rumors (1/7/2010) CitiFinancial M&A
Updated throughout the day. Documents from Facebook show it is profitable (Reuters) Citigroup (NYSE: C) is looking for a buyer for CitiFinancial (FT) Douglas A. McIntyre
More Hopeless US Political Pressure On China Trade
Aged Senate liberal Charles Schumer has asked the president to put more pressure on China over the trade issue. Schumer believes that the People’s Republic manipulates the yuan and continues to produce a trade…