Media Digest (6/30/2011) Reuters, WSJ, NYT, FT, Bloomberg
Markets expressed concerned about what the Fed will do as QE2 ends. (Reuters) Lloyd’s new CEO may cut 15,000 jobs. (Reuters) Asia will press Lagarde to keep promises she gave while seeking…
Markets expressed concerned about what the Fed will do as QE2 ends. (Reuters) Lloyd’s new CEO may cut 15,000 jobs. (Reuters) Asia will press Lagarde to keep promises she gave while seeking…
West Texas Intermediate Crude is bleeding today now that the IEA has made a coordinated release of 60 million barrels of oil. Half of that will come from the United States and…
May retail sales may be hurt by a weakened economy. (Reuters) Some Fed officials believe that poor jobs results should cause interest rates to stay low. (Reuters) An academic models shows LinkedIn…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. American Eagle Outfitters, Inc. (NYSE: AEO) Raised to Positive at Susquehanna.…
Crude oil is already the most volatile of all economic factors for airlines and their earnings. Last week we saw oil drop from $110 to under $100 in very short order and…
If you still believe that speculators cannot really drive markets up too far in any direction, take a look at the commodities market. The continuous raising of margins in silver has taken…
A report from the Senate Permanent Subcommittee on Investigations accuses Goldman Sachs Group (NYSE: GS) of selling weak financial securities and betting against the interests of its clients. (Reuters) Glencore will raise…
It is hard to call the market weak right now even if today was a mixed day. We have seen a meteoric rise from the bottom. So what happens when you see…
Republicans plan to cut $6 trillion from the budget over the next decade (Reuters) Google (NASDAQ: GOOG) may be investigated by the FTC (Bloomberg) The FAA will begin inspection of most older…
It is April Fools’ Day but we are not going to propagate any hoaxes. What we do want to revisit is some of the great frauds which have originated outside of public companies and…
David Sokol’s trading in Lubrizol before Berkshire Hathaway (NYSE: BRK) bought it may cause regulators to review the transaction. (Reuters) The Inspector General of the Federal Housing Finance Agency said pay of…
Three-Year History of Ten Key Metrics for Major US Airlines: (For this analysis United/Continental data is pro forma) Operating Revenue (total of eight airlines) 2008 = $126.2 billion 2009 = $106.7 billion 2010 =…
There are dozens of “best” lists put out by the media every year. These stories have catchy titles like the most admired companies, the largest companies, the wealthiest billionaires, the most well-liked…
By Robert Herbst You think you are paying more at the corner gas station? Checkout what the airline industry is looking at! If the current price of jet fuel was the average for the…
Antitrust regulators will get a great deal of exercise this spring. AT&T (NYSE: T) has announced it will buy T-Mobile from Deutsche Telekom. Sprint-Nextel (NYSE: S), the struggling wireless company, will object…