We lost Roy Disney today, Walt’s nephew, a force within the Disney Corporation for decades and an activist shareholder who fought the good fight through his Shamrock Holdings vehicle. I’ll crosspost some of what Nikki Finke has up and then I’ll send you over to Deadline Hollywood for the rest. Godspeed, Roy. And thank you….
Disney
Big Business and Big Government: Let the Apathy Olympics Begin!
Nothing that Obama has proposed, that Geithner has enacted or that Krugman has cheerleaded has meant a damn thing for small businesses in the US.
Hot Links: The Ugliest Buildings in the World
Stuff I’m Reading this Morning… Market’s quiet ahead of earnings from Citigroup (pre-market) and Google (after the close). (Reuters) Bloomberg should’ve bought a blog network instead of BusinessWeek. (VixAndMore) Happy Dow 7537! Ya know, in real dollar terms. (ZeroHedge) What’s the investment climate like Down Under? My mate Trader Mark knows. (FundMyMutualFund) Wait til you…
Hot Links: The Marshmallow Test
Stuff I’m Reading this Morning… A new blog takes a look at how profitable vs unprofitable IPOs fare in the stock market. (TechFlash) Green Shoots! The return of tech M&A…here’s a list of all the recent deals. (GigaOM) Signs in exports, tourism and even housing that California could be turning. (LAT) S&P says corporate stock…
Hot Links: So Cute Your Head Will Explode
Stuff I’m Reading this Morning… 8 Reasons Goldman Sachs Says Buy The Chinese Selloff. (TPC) Sex offenders living under a bridge receiving stimulus money. I’d say that “stimulus” is the least of their problems, yuk yuk yuk. (DailyBeast) Buffett still selling Moody’s. Sucks to be a ratings agency these days. (Bloomberg) Nikki takes us behind…
Hot Links: Venom Mickey
Stuff I’m Reading this Morning… FDIC’s Sheila Bair makes the case against having just one banking super-regulator in this morning’s op-ed. (NYT) Are you following the JunkDEX? Guess what the components are…lol. (VIXandMore) Check this huge graphic out: The Anti-Fed Fact Sheet. (VisualEconomics) Chinese ADR’s outperforming actual Chinese stocks…’cause we westerners know better what your…
Breakfast Links: Post-Apocalyptic Disney
Stuff I’m Reading this Morning… JPMorgan almost bought Morgan Stanley at Paulson‘s request during the crisis. (DealBook) SIA: 2nd quarter chip sales up 17% sequentially, 4 months of gains in a row. (WSJ) Commercial RE loans blowing up faster than you thought. (Clusterstock) Nouriel Roubini goes bullish on commodities. (ResearchReloaded) A Swissman (is that a…
New Dow Jones Industrial Average Candidates?
As of this writing, there are 4 stocks in the Dow Jones Industrial Average that are trading under $10 per share (and several others that are close): Citigroup (C) Bank of America (BAC) General Motors (GM) Alcoa (AA) According to Jim Bianco of Bianco Research: “Dow Jones, the keeper of the DJIA, has an unwritten…