According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
Microsoft (MSFT) just released earnings that were mediocre but not any worse than was expected. It said that the balance of the calendar year would not be much better. In stating that,…
Starbucks Corp. (NASDAQ: SBUX) has performed rather well in the most recent 5-week stock market rally. After all, shares hit a low of $7.06 last November and challenged the $8.00 mark just…
The recession is claiming another American habit. People are not going out to drink coffee. They are making it at home, probably to save money. The National Coffee Association, which tracks these…
The economy is so bad that most people live in a world where they shop at Wal-Mart (WMT) and eat at McDonald’s. Finding entertaining things to do has simply gotten too expensive.…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector. We…
Someone needs to tell McDonald’s (MCD) that there is a recession. The company posted remarkable same-store sales again in February. After making an adjustment for the different number of days in the…
Douglas A. McIntyre It’s another rough trading day in the stock market. It is bad enough that the DJIA is down over 3% to decade lows and under 7,000… But even almost all of the…
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are…
McDonald’s (MCD) is planning to open 500 new stores in China over the next three years. Why? Because it can. McDonald’s is one of a tiny handful of large American companies which…
According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and…
If only the stock market was made up of companies like Coke (KO), McDonald’s (MCD), P&G (PG), and Wal-Mart (WMT). But, it isn’t. They are among the few firms which can still…
According to Reuters, the White House is finishing a bank rescue package , that involves investment by private equity. Reuters reports that a poll of analysts cut Q2 earnings forecasts. Reuters reports…
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide…
