This column highlights the most interesting and useful business and financial commentary from around the Web each day. Feel free to send along your own suggestions
for blog content that you've read or written.
All Things D
"Now that Apple has broken with tradition and issued a dividend, who among the non-dividend paying tech firms will follow suit? Impossible to say, though the company that’s likely at the top of the short-list is Google. With $44.63 billion in cash and cash equivalents on its balance sheet as of Dec. 31, the search behemoth is the most cash-rich tech company among the big dividend holdouts. In fact, it’s now the only tech company with a market cap above $100 billion that doesn’t offer a dividend." (For related content, see iYawn? Apple Announces Dividend and Share Repurchase Program
"When Facebook goes public this year, it will raise at least $5 billion, making it the biggest Internet IPO the world has ever seen. The day it debuts on the stock exchange, Facebook will be worth more than General Motors, the New York Times Company, and Sprint Nextel combined. The next morning, Mark Zuckerberg’s smiling face will appear on the front page of newspapers around the world. But don’t be surprised if that smile looks like the forced grin of someone dragged to the altar." (Also read The Facebook IPO: Google All Over Again, and a New Tech Bull Market?
The Capital Spectator
"The recent pop in the 10-year Treasury Note's yield—up about 40 basis points this month to ~2.4%--has inspired cries that the end is near. One Wall Street analyst lamented that the recent pop in this rate was a sign of rising inflation expectations and that this was something to worry about...NOW! He also recognized that the market's repricing of Treasuries for higher yields also reflected a brightening economic outlook. But he couldn't see that the two trends are, in fact, connected these days because the new abnormal
continues to rule." (For related content, see Trouble Ahead: Employment, Inflation, and the Fed
"Job losses among women during the recent recession exhibit a curious pattern by marital status that is revealing about the importance of labor demand and supply factors. During the 2008-9 recession, job losses were not equitably shared; employment rates fell more for some groups than others. Not surprisingly, employment changes varied by industry, with the greatest percentage job losses in residential construction and large job losses in manufacturing."
China Real Time Report
"Despite five months in a row of falling housing prices and other ominous signs in China’s property sector, the country’s real estate practitioners have nevertheless managed to maintain a surprising level of optimism. But considering how many Chinese investors and developers failed to anticipate the extent of the current slowdown in the domestic property market, Tsinghua University economist Patrick Chovanec said at a property panel in Beijing on Tuesday, the time has come to dispel a couple myths about certain silver bullet solutions for the sector."
Follow the markets all day every day with a FREE 14 day trial to Buzz & Banter. Over 30 professional traders share their ideas in real-time. Learn more.
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.