12 Stories

Zuckerberg's Hoodie: Gleeful Snub to Wall Street?

One analyst thinks it's a 'mark of immaturity'

(Newser) - On the first day of Facebook's IPO roadshow yesterday, Mark Zuckerberg showed up to a meeting with potential investors wearing a hoodie—a wardrobe choice that one Wall Street analyst says is a glaring "mark of immaturity," reports Bloomberg . "He’s actually showing investors he doesn’... More »

Meet the Agent Who Found bin Laden

The story of the unsung CIA man who hunted the leader for a decade

(Newser) - By now, you’ve seen the photo of Obama administration brass awaiting word of the raid on Osama bin Laden’s compound. What you haven’t seen is the CIA agent standing just outside the frame, a man the AP identifies only as “John.” He spent years doggedly... More »

Intel's Purchase of McAfee Baffles Analysts

Researchers line up to pan acquisition

(Newser) - Intel agreed to buy McAfee for $7.68 billion today, leaving analysts slack-jawed with disbelief. “I would love to be wrong, but I think we may all look back five years from now and say, 'Wow. That was a big mistake,’” one Forrester analyst tells PC World... More »

Sarah Palin Makes Fox Debut

GOP star talks Obama, Pelosi, Iran with O'Reilly

(Newser) - Sarah Palin made her much-anticipated debut on Fox News tonight, appearing as a contributor on Bill O’Reilly’s show. The former Alaska governor (and weekend sportscaster for an Anchorage TV station) hit on President Obama, Nancy Pelosi, Harry Reid, and US relations in with Iran, Colby Hall notes for... More »

ESPN Axes Phillips' Galpal, Too

Meanwhile, former baseball analyst enters sex-addiction rehab

(Newser) - A day after ESPN fired baseball analyst Steve Phillips in the wake of his affair with a production assistant, the channel has cut Brooke Hundley loose, too. And that’s not all, Phillips agent tells the New York Post: Phillips, 46, is seeking treatment for sex addiction, and it’s... More »

Sales of Men's Undies Rebound With Economy

Analyst sees hope in unusual indicator's promising numbers

(Newser) - Amid mixed reports about recession and economic recovery, here's a bright spot: Men’s underwear sales are on the rebound. Believe it or not, that's a reliable indicator, because selling unmentionables is “such a need-based business that it really is a good indication that the consumer hasn't checked... More »

Goldman Analyst Bullish on Stocks' Recovery

Cohen predicts S&P to gain 10% by Jan 2010

(Newser) - A top Goldman Sachs forecaster predicts the recovery in stocks that began in March should hold, Reuters reports. The S&P 500 could rise as much as 10% from its current level to top 1,050-1,100, says Abby Joseph Cohen, the chief of Goldman’s investment policy committee. "... More »

Companies Hobbled by Fewer Wall St. Analysts

(Newser) - The turmoil on Wall Street has left fewer analysts covering companies of all sizes, the Journal reports, leaving smaller operations struggling to connect with investors. Since September, there have been more than 2,200 instances of analysts formally dropping coverage—nearly a quarter of all research. That plunge has been... More »

Obama, Biden Earn A-Minuses

Pundits offer wide-ranging report card

(Newser) - On President Obama’s 100th day in office, Mark Halperin of Time provides a White House report card:
  • Barack Obama: A-. “Instantly comfortable and highly skilled at the hardest job in the world.”
  • Joe Biden: A-: Operates "precisely in the manner he and Obama discussed
... More »

Madden Has Lots of Fans, If Not All the Facts

Aging voice of the NFL still flashes brilliance along with slip-ups

(Newser) - John Madden's on-air analysis isn't always right—zealous fact-checkers will attest to that—but the elder statesman of NFL commentators is usually on the money, writes Matthew Futterman in the Wall Street Journal. "I know there's talk he's lost a step," his former boss acknowledges, but the onetime... More »

Analyst Rules Could Use Some Analysis

It might be time to ease some of the restrictions

(Newser) - Frank Quattrone is back in the investment business and is taking on research rules, Andrew Ross Sorkin writes in the New York Times. Quattrone thinks Wall Street should try to remove the settlement that forced the separation of investment banking and research. The rules are “denying small companies the... More »

After Yahoo, Microsoft Amps Up Search Effort

Ballmer says company can be more flexible now in Google fight

(Newser) - CEO Steve Ballmer is spinning Microsoft’s failure to acquire Yahoo expertly, telling analysts today that, unburdened by the search giant, the company can be more frisky and adaptable in its fight with nemesis Google, the Wall Street Journal reports. Actions might speak louder than words, though: Microsoft announced yesterday... More »

12 Stories