Greg Gambone

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  • I Didn't Know Bill Gates Was Psychic

    By Greg Gambone - May 9, 2013 | Tickers: AAPL, GOOG, MSFT | Editor's Choice

    It's been a long time since I actually found myself laughing out loud while reading the news, but that's exactly what happened (more than once) when I stumbled across an article in The Guardian yesterday. The article was entitled "Bill Gates Predicts iPad And Android Users Will Switch To PC Tablets" and went on to describe how Gates believes that the future of mobile computing will be shaped more »

  • Can the Apple iWatch Revolutionize the Wearable Device Trend?

    By Greg Gambone - February 15, 2013 | Tickers: AAPL, GLW, INTC, SNE, VZ

    Apparent leaked reports of research teams at Apple (NASDAQ: AAPL) working in secret to develop a new “smart” wristwatch have been circulating for months. While the idea of a discrete, multi-functional wearable device has been around for decades, and a few companies have recently announced successful projects, the trend never really took off.

    Considering that Apple is probably the leader in digital innovations, it’s not hard to believe the more »

  • Why the SEC's Aggressive FCPA Actions Are Useless

    By Greg Gambone - February 14, 2013 | Tickers: NES.DL, NE, WMT

    Elisse Walter, Chairman of the Securities and Exchange Commission, made the opening remarks at the Foreign Bribery and Corruption Training Conference in Washington, D.C. on Monday. The overall tone of the comments was optimistic about the agency’s capabilities, yet clearly suggestive of an intention to increase efforts to seek out and vehemently prosecute corporations who violate the FCPA.

    Merriam-Webster defines bribery as “[the] crime of giving a benefit more »

  • McGraw-Hill Is Still a Good Buy Despite S&P Lawsuit

    By Greg Gambone - February 13, 2013 | Tickers: MHFI, MCO

    Despite the recent lawsuit filed by the Justice Department against McGraw-Hill (NYSE: MHFI) and Standard & Poor’s, which alleges the company knowingly issued inflated positive ratings to mortgage securities and lenders from September 2004 to October 2007, it’s unlikely that the outcome of the suit will negatively impact the long-term stability of the company or the ratings industry as a whole.

    Both McGraw-Hill and Moody’s (NYSE: MCO) stock more »

  • Why the DOJ's Lawsuit Against S&P Will Do More Harm Than Good

    By Greg Gambone - February 10, 2013 | Tickers: MHFI, MCO

    The Justice Department's lawsuit against Standard & Poor's can have a ripple effect that will open the flood gates for countless additional lawsuits against the ratings industry by investors who lost money, claiming they based their decisions on intentionally manipulated and inflated ratings.

  • Is the Life Insurance Industry Dying?

    By Greg Gambone - February 10, 2013 | Tickers: GNW, MET

    The writing is on the wall, and has been for quite some time now. Insurance companies have realized they can no longer be everything to everyone. They’ve dropped the Jack-of-All-Trades perspective and begun the shift back to singularity. Focus seems now to be on shedding less profitable divisions and returning to core strengths.

  • Expect Higher Prices at the Grocery Store

    By Greg Gambone - January 11, 2013 | Tickers: GIS, K, MDLZ

    The worst drought to hit the U.S. in five decades has crushed the country's wheat crop by more than 25%. Grocery prices are expected to rise when food manufacturers pay a premium for flour and other wheat-based necessities. 

  • Don’t Get too Excited About Apple’s iTV

    By Greg Gambone - January 11, 2013 | Tickers: AAPL, CMCSA, GOOG, NFLX, PCRFY

    Rumors about Apple's unveiling of the iTV are creating a buzz and analysts have projected impressive results. But don't get too excited. It won't generate the massive stampedes created by other i-device releases. 

  • Bribery is Just Standard Operating Procedure

    By Greg Gambone - December 24, 2012 | Tickers: AZSEY.PK, ORCL, OFIX, PFE, TYC

    Bribing foreign officials and disguising secret payouts as legitimate expenses has become commonplace among some of the world's largest corporations. 

  • Insurers Must Embrace Technology to Survive

    By Greg Gambone - December 18, 2012 | Tickers: HIG, MET, PRU

    Insurance industry giants continue to experience declines, depsite recent quarterly sales increases. Remaining profitable in the face of stiff competition and low interest rates requires embracing innovative new technology aimed at younger consumers.

  • Allstate Share Price Rises After Customers are Exiled

    By Greg Gambone - August 10, 2012 | Tickers: BRK-A, ALL, TRV

    Allstate's share price rose modestly over the past week as the insurance giant continues to back further out of homeowners insurance markets it feels are at risk of being hit by a major hurricane. 

  • Banking's Big Dogs Take a Step in the Right Direction, But too Late?

    By Greg Gambone - July 25, 2012 | Tickers: BAC, EBAY, JPM, PNC, WFC | Editor's Choice

    Wells Fargo, Bank of America, and JPMorgan Chase roll out a new mobile banking platform that features digital check capturing using your Smartphone's camera, plus the ability to transfer money to anyone with an account at either of the three banks. Does anyone care?