That didn’t take long.
FBN’s first 5 minutes of programming yesterday morning included a sports report. Odd for a business channel but Fox did say they were targeting more main street as opposed to wall st.
Not that CNBC is paying attention but … this morning on Squawk Box they also did a sports report, giving the scores of the 2 baseball playoff games and the Monday night football game. Joe Kiernan ended the report with “Now you’re up to date on Sports”.
Other than events like the Super Bowl and even then only in the context of how it affects business have I ever seen a segment on sports on CNBC.
What’s next? Local traffic reports? I guess we should watch FBN to find out.
Not a good start for FBN.
It took all of 49 seconds for one of the newsreaders to get something wrong.
Hitachi has a new chip (actually, smaller recording heads) that will allow hard drive makers to dramatically increase the amount of storage they can fit on a disk. Except the newsreader Chick called it Memory, not Storage.
Does it really take a geek to know that hard drives provide storage, not memory? Anyone who has ever compared PC’s or laptops before buying one at least knows that they are different things.
She looked good though.
And then we got an explanation that Hitachi is an ADR along with a definition of what an ADR is. Talk about unimportant info. Does it trade on the NYSE, NASADQ or AMEX? Who really cares if it’s an ADR and what an ADR is?
What is it about AAPL that brings the morons out of the woodwork? Neil Cavuto on Fox News delivered a pathetic end of show “commentary” that showed how little he understands about Wall St., product marketing and for that matter the pop culture of the Iphone. I happened to catch his performance on the air and was stunned at how much he got wrong in his folksy “commentary”. Maybe he should take a page out of the Katie Couric and Dan Rather playbook and have some low level staffer write these “from the heart” commentaries. (more…)