U.S. Euro Revenge: Floods of Fat American Tourists
The U.S., and the rest of the world, is being held hostage to the woes of Europe. Don’t fret about it. Americans are about to take revenge on Europe for its poor fiscal management…
Media
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Newest first · Page 297Media Digest 6/4/2010 Reuters, WSJ, NYTimes FT, Bloomberg
Reuters: More doubts about the global economy arose as the G20 prepares to meet. Reuters: American International Group (NYSE: AIG) is not sure about the future of AIA. Reuters: Census hiring…
Media Digest 6/3/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: G20 nations have no agreement on a bank levy. Reuters: Buffett’s testimony before the Financial Crisis Inquiry Commission did little to change members’ views of the ratings agencies. Reuter: Facebook’s CEO has not…
Americans Don’t Know Their Broadband Speeds And May Not Care
A new FCC study shows that 4 out of 5 Americans do not know the connection speed of the broadband service in their homes. The FCC announced last week that subscriber rules for wireless…
Media Digest 6/2/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The prime minister of Japan resigned. Reuters: American International Group (NYSE: AIG) may have an IPO for AIA. Reuters: Apple Inc.s (NASDAQ: AAPL) Steve Jobs finds suicides at Foxconn disturbing. Reuters: The US…
BP plc (BP) Shares Plunge 13%
Shares of BP plc (NYSE: BP) fell as much as 13% in Europe, their largest drop in 18 years, on news that the company’s “top kill” effort had failed and the relief wells to…
Media Digest 6/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
MarketWatch: BP plc (NYSE: BP) opened down 12% after top kill failed. Reuters: American International Group (NYSE: AIG) turned down a deal from Prudential plc to cut the price of AIA. Reuters: The ECB…
NOAA Shows Spill Moves Deeper In Gulf And Toward Florida
New maps from the NOAA show the spill from the Deepwater Horizon spreading toward Cuba and the southern tip of Florida. The leak has now been pumping roughly 15,000 barrels of crude into the…
Network TV Ad Sales Stronger Than Expected (CBS, NWS, DIS, GE)
The broadcast TV networks’ dog-and-pony show known as the “upfront market” has gotten off to a good start this year. Advertisers get to see the coming season’s new TV shows and then mull over…
Media Digest 5/28/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Ford Motor (NYSE: F) may kill the Mercury brand. Reuters: Apple Inc. (NASDAQ: AAPL) is finding a flood of Asian buyers for the iPad. Reuters: Prudential plc is in talks with American International…
Media Digest 5/27/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The US will suspend Arctic drilling. Reuters: Lehman sued JPMorgan Chase (NYSE: JPM) for billions of dollars. Reuters: The Fed’s Bullard said that promises of low rates for long periods have risks. Reuters: …
Blockbuster Can’t Reduce Debt, Faces Bankruptcy (BBI, NFLX, WMT, NCR)
When Blockbuster Inc. (NYSE:BBI) filed its 2009 annual report in March, it included the dreaded “going concern” sentence, indicating that it needed to boost its operating income and restructure its debt. Its first quarter…
Justice Department Squeezes Apple
The Department of Justice is considering the extent to which Apple Inc (NASDAQ: AAPL) has a monopoly in the digital music sales business. Its iTunes store controls much of the market. The government agency…
Media Digest 5/26/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: BP plc (NYSE: BP) had warning signs of pressure on its Deepwater Horizon rig. Reuters: Geithner went to Europe to press for more reform. Reuters: The Qatar sovereign wealth fund wants to buy…
Online Gaming Woes in China (GA, NTES, PWRD, GAME, SNDA, CYOU)
We have seen some interesting research on the highly under-followed online gaming sector in China from the research team at Auriga. Some of the trends will be very disturbing for growth investors who chase…