Zings Of The Day (MSFT, SBUX, ABT)

Blockbuster BLOKA officially filed for bankruptcy this morning, almost 25 years to the day its first store opened in Dallas, TX. The company received $125 million in DIP financing to keep it afloat. Many analysts blame the rise of Netflix NFLX and Coinstar's Redbox CSTR for Blockbuster's demise. Or it could be all those employees handing out "free" DVD's when I was a kid. Abbott ABT is recalling its Similac baby formula, after beetles were found in the products and the Michigan plant where they are made. Abbott was hesitant to recall the formula, saying that babies needed more protein in their diets. I assume they wanted the babies to look like The Situation. Microsoft MSFT sold debt yesterday at the lowest yield on record, yielding 0.875%. Investors will receive a "Are you sure you want to proceed?" message every time a coupon payment is paid. Starbucks SBUX announced yesterday it is raising prices on certain drinks to combat the rising cost of green coffee beans. It would not say whether it would cut costs in response to those awful sandwiches it makes. Facebook may be working on creating two smartphones, as a response to consumers growing demand for Facebook to run their lives. Facebook would not confirm these reports, although it did say it would be working on creating Facebook-branded toilet paper to make the experience more "social".