Blockbuster (BBI), the world’s largest movie rental chain, has all sorts of problems. It is nearly insolvent. Its model of renting DVDs from stores has been largely bypassed by online operations such as…
Reuters: China took a hard position on the value of the yuan despite US pressure. Reuters: Google’s (GOOG) ad partners in China expressed concerns about its plans. Reuters: If banking laws change,…
PepsiCo, Inc. (NYSE: PEP) is the latest of the big companies to hike their dividend payouts this morning. We have not kept an exact tally, but this is getting close to 70…
The Apple (AAPL) App Store has about 150,000 applications which have been downloaded more than 3 billion times. Most of the apps are free, but some cost $50 or more. 24/7 Wall…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Tiger Woods sponsorship income in 2009 was estimated by several media sources to be $110 million. Thirty million dollars of that came from Nike (NKE). There are no estimates for the revenue…
Timothy Cook, Apple’s (AAPL) COO, who sat in while Steve Jobs was away ill, made a bonus valued at $22 million for his work. The bonus was awarded on March 10 and is discretionary,…
Douglas A. McIntyre Average: “an estimation of or approximation to an arithmetic mean”–Webster Among the public companies in the handset business which trade on US exchanges, Nokia (NOK) has performed the most poorly over the…
Updated throughout the day. Citigroup (C) may earn $20 billion in 2012 (FT) Macquarie Group, Australia’s largest investment bank, is on the hunt for more U.S. assets. (Bloomberg) Regulators have told Bank…
On the tenth anniversary of the tech bubble of 2000, short sellers aggressively dropped their bets against hardware, software and internet companies. Figures are from February 28. The short interest in Apple…
The Apple (AAPL) iPad tablet computer looks like it will launch into a market where it has no rivals. The Amazon (AMZN) Kindle is not a PC at all. It is underpowered and has…
Updated throughout the day. The EU may form its own version of the IMF (various) Dubai may have a deal to defer payments on $26 billion in Dubai World debt (CNBC) CCMP Capital…
Douglas A. McIntyre The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Reuters: Met Life (MET) is close to buying AIG’s (AIG) foreign insurance unit for $15.5 billion. Reuters: Subway will try to catch McDonald’s (MCD) in China by 2020. Reuters: Greece’s central bank…
This week’s list of UNUSUAL SUSPECTS for stocks to watch is actually much different from what we have seen in other reports. Earnings season is finally over, so we only have two…
