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China GDP Lower Than Expected

ThinkstockChina posted a first-quarter GDP increase of only 7.7%, against expectations of closer to 8%. It is not entirely clear whether the drop was due to lower demand for goods and services among China’s…

Douglas A. McIntyre · 13 years ago

What Is Important in the Financial World (4/12/2013)

ThinkstockAnother Dreamliner Delay Bloomberg points out that the Boeing Co. (NYSE: BA) Dreamliner 787 may not be back in service as fast as the press and many airlines expect. The sticking point is that…

Douglas A. McIntyre · 13 years ago

Media Digest (4/12/2013) Reuters, WSJ, NYT, FT, Bloomberg

courtesy of Facebook Inc.Martha Stewart Omnimedia Inc. (NYSE: MSO) is unable to get a court to dismiss charges by Macy’s Inc. (NYSE: M) that it has exclusive rights to some of her products. (Reuters)…

Douglas A. McIntyre · 13 years ago

NVIDIA Buyback/Dividend Smells Like Chip Envy

courtesy of NvidiaNVIDIA Corp. (NASDAQ: NVDA) sounds like great news on the surface that it wants to return $1 billion this year to shareholders. After all, its market cap is only $7.76 billion, meaning…

Jon C. Ogg · 13 years ago

Mixed 30-Year Treasury Bond Auction

ThinkstockThe U.S. Treasury just auctioned off $13 billion in 30-year Treasury Bonds. The so-called “Long Bond” went off at a yield of 2.998% for the 3.125% coupon. Another issue to review is the strength…

Jon C. Ogg · 13 years ago

Goldman Sachs Downgrades Microsoft to Sell

Wikimedia CommonsFirst it was gold and now it is Microsoft Corp. (NASDAQ: MSFT). Gold took a pounding yesterday when Goldman Sachs Group Inc. (NYSE: GS) said it is time to sell gold. Now it…

Jon C. Ogg · 13 years ago