Archive for April 29th, 2009

GM Bondholders Think They Deserve More Equity

Sorry, you’re going to put up with another GM restructuring story. Think positive, there’s only about 30 days left to go. Anyway, the bondholders plan to present a counteroffer to the company and government that is shall we say a bit different than what’s on the table. From the WSJ, here’s the new proposal: The [...]

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Wal-Mart Sees Some Encouraging Signs In Sales Mix

I’m a big fan of Wal-Mart but not as a shopper. I think that the enormous data they mine from their network on a real time basis provides the best insight to the American consumer available. So, when they come out with information I take note. Here is their latest announcement: Wal-Mart Stores Inc’s  U.S. [...]

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Q1 GDP: Miserable But Maybe The Bottom

The headline number today is the 6.1% drop in GDP for the first quarter. Expectations were for a drop of 4.7%. Let me give you a few of the key statistics and then I thought it might be worthwhile to share some of the commentary I found on the Web today. The key factor in [...]

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