‘Financial Markets’ Archives
AT&T ♥ iPhone and can’t live without
Gizmodo - AT&T's quarterly earnings came out yesterday and touted that, as always, AT&T picked up over a million new customers—1.4 million, to be exact. It also revealed how badly they need the iPhone. Of AT&T's 1.4 million new customers, around 800,000 came aboard with the iPhone (given that of the 2.4 million iPhones they moved, "more than [...]
Microsoft’s Last Financial Quarter Could’ve Used a Service Pack
Gizmodo - Results for last quarter are in, and with revenues reported well below already cautious estimates, it was a nasty few months for Microsoft. It's almost as if they're sitting on new generations of products in every single space they inhabit. But analysts were well aware of Microsoft's cage of not-quite-released hardware and software, [...]
Mississippi asks “Does my ass look fat in these jeans?” Answer is ‘Yes!’
National Post - Obesity rates continued to climb in the past year with 23 U.S. states reporting adults in their states are fatter now than they were a year ago, two advocacy groups said on Wednesday. Obesity rates did not decrease in a single state last year, and the groups warned that the U.S. obesity epidemic must be addressed as lawmakers [...]
The iPhone 3G S explained in detail video!
Here is a video from Apple explaining all the details about the new iPhone 3G S. It's pretty much what you expected from Apple and after today's announcements of all the exciting stuff on the way it's just 'one more thing' to wet your technologic appetite. Enjoy. (Link goes to Engadget post in which you can get to the video) Source
Bought anything from Sony lately? Yeah, neither has anyone else
Business Week - Sony Sees a Second Year of Losses and will close eight factories, centralize procurement, and revamp its supply chain, but it also needs some great new products. For months, Sony's (SNE) management has been taking an ax to its operations. Back in December, as the yen's unfavorable surge and a drop-off in global demand for [...]
Optimism Boosts Stocks 200 Points
The Daily Beast - To buy or to sell? That is the question. Across the board, stocks rallied today—with the Dow up 214.33 points, to close at 8,246.74, and the S&P surging 3.39 percent, putting it in positive territory for 2009—spurred by statistics showing that construction spending and pending home sales were on the rise. Read More
Stocks tumble on news that investors no longer take banks at their word when they say things are going well
Yahoo News - Investors are back to worrying about banks. Long-present unease about soured loans bubbled over on Monday after Bank of America Corp. said it set aside $13.4 billion to cover lending losses even as it posted earnings that beat expectations. Other big banks have also increased loss provisions in the past two weeks. Major market [...]
What Do They Know That We Don’t?
The Daily Beast - Even as he talks up the stock market, a Daily Beast exclusive shows the president's top economic advisor trounced the indexes (and Tim Geithner) by putting most of his millions into municipal bonds. Read More
CNBC Hearts Apple
TUAW.com - A panel on CNBC's Fast Money was recently remarking on AAPL's apparent invulnerability to the recession that's currently affecting the United States, noting that it's jumped 40% so far this year, outperforming the NASDAQ. J.P. Mark of Farmhouse Equity Research suggests that the excitement that persists among Apple's retail employees [...]
Bank stocks are rallying because Wells Fargo is going to make a $3 billion profit in actual real money they can use to buy stuff
Wall Street Journal - Shares of bank stocks rallied in premarket trading Thursday after Wells Fargo & Co. (WFC) projected its first-quarter results well above analysts' expectations, boosting sentiment for a sector that has been plagued by worries.
