Tuesday, November 21, 2006

The! Biggest! News! of! the! Day! - Not Dell, Nordstrom, Boeing or Wal-Mart

Here are some of the contenders for today's biggest...news...of...the...day...

  • Word that Dell will report earnings tonight...
  • Some optimism on Wal-Mart Stores (WMT) as it is said that the "shares are attractively priced"...
  • Better-than-expected earnings from Medtronic (MDT)...
  • Better-than-expected earnings from Nordstrom (JWN)...
  • An argument that the new markets for electricity "do not work right"...
  • An order by Korean Air for 25 Boeing (BA) aircraft...
  • An argument that "Monday's modest decline is only the beginning of something much bigger"...

While those are all stories worth watching, I think it is obviously clear that the biggest story is this - Under Pressure, News Corp. Pulls Simpson Project...I don't think it is surprising that the OJ deal was canceled, it is surprising, however, that anyone thought it was a good idea in the first place...

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