According to Reuters, Obama is prepared to put up to $750 billion into banks.Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that will give the…
Most tax plans start with increasing the portion that the very wealthy pay as a percent of their income. That is not just true in America. It is a global way of…
Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). Share short…
According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect.Reuters says Obama is pushing for quick Wall St. reform.Reuters reports that Citigroup…
Microsoft (MSFT) CEO Steve Ballmer has yet again made a public comment about doing a search deal with Yahoo! (YHOO). Because Yahoo! still has a 20% market share in US search, it probably…
Douglas A. McIntyre Citi reiterates a ‘Buy’ rating and $22 price target on Microsoft (Nasdaq: MSFT) following yesterday’s analyst meeting. The firm said Mr. Softie is well positioned to outperform in a recession due to…
Douglas A. McIntyre Google (GOOG) came very close to facing antitrust charges when it planned to partially marry its search system with Yahoo!’s (YHOO). With 65% of the US search market, analysts believe the Google…
It would make sense that as businesses cut back on spending for PCs they would also cut back on the purchase of servers.One of the things computers and servers have in common…
According to Reuters, Obama set out his goals in an address before Congress.Reuters reports that UAW leaders are urging members to vote for the new Ford (F) contract.Reuters reports that The San…
Microsoft (Nasdaq: MSFT) CEO Steve Ballmer is stirring up Yahoo! (Nasdaq: YHOO) speculation again, speaking at an analyst conference this morning.Some comments: CEO Steve Ballmer sees huge opportunity in search, advertising. Wants…
Douglas A. McIntyre Every time there is news about the internet portal Yahoo! (YHOO), it makes the front pages. The only story about Yahoo, however, that deserved attention was the monstrous violation of fiduciary duty…
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…
According to Reuters, Allan Stanford was found in Virginia.Reuters reports that the stimulus is unlikely to fix state problems.Reuters writes that US consumer prices probably moved up in January.
Facebook may not make any money, now or in the future. It may only be worth 10% of its maximum valuation of $15 billion. But, in spite of all that it is…
Domestic car sales are down about 30%. Sales at Chrysler have been hit hardest, down 50% in the most recent two months. In a bad economy, it makes sense that consumers will…