Archive for August, 2009

Disney’s Marvelous Bet on Superheroes

Submitted by WC Power Tech Fund
The Walt Disney Company (DIS) set its mouse ears on the biggest name in comic books in a purchase agreement that will bring all of Marvel Entertainment’s (MVL) characters into the Disney fold. The $4Billion purchase agreement with Marvel is similar to Disney’s previous $8Billion buy of animation powerhouse Pixar, [...]

Apple-China deal struck: iPhones official

Submitted by WC Power Tech Fund
China Unicom (CHU) and Apple (AAPL), after months of negotiations and several false starts, have completed a deal that will flood the Chinese market with legitimate iPhones before the year is out. China Unicom is building out its 3G network that will be ready by the end of the September [...]

Government owned General Motors bails out Dealers stalled by Government [Update]

Submitted by WC Power Tech Fund
This little gem of a news story is making the rounds recently as General Motors dealerships across America are on the verge of closing shop due to cash flow issues relating to the Cash For Clunkers program.
The program itself has been a huge success for the Automotive Industry, specifically the [...]

Home Reno Sector still facing Economic Headwinds

Submitted by WC Power Tech Fund
Lowe’s (LOW), the smaller competitor to housing renovation giant Home Depot (HD) found its stock slipping nearly 10% today on disappointing revenue and earnings numbers for its 2nd quarter. As money has been flowing this year into the more established names in anticipation of recovery, Lowe’s had an opportunity to [...]

GM makes Marketing Splash with Chevy Volt

Submitted by WC Power Tech Fund
The plug-in Electric Vehicle that’s supposed to usher in a General Motors of the future has had a tumultuous lifespan thus far, but to its credit the company continues to plow ahead with the Chevrolet Volt the best way it can. By winning the marketing war early!
The Volt has been [...]

Jobs jobs jobs spark continued rally

Submitted by WC Power Tech Fund
American payroll numbers came in this morning and the results were as good as they could be given current economics. Predicted job losses averaged around 325,000 but initial numbers for July put losses at 247,000. Employers have certainly slowed their layoffs in June and July. Additionally the June number was [...]

End of July Market Musings & Microhoo deal

Submitted by WC Power Tech Fund
As another month comes to a close, the market’s resistance proof rally continues on the strength of strong earnings and more signs of a waning recession. GDP numbers out for the previous quarter showed a decline of 1% in American GDP, this was better than the expected 1.5% decline, which [...]