Starbucks (SBUX) is not doing very well selling convincing investors that coffee sales in its stores are rising at an acceptable rate. The company's stock is down 22% this year.So, ... Read Full Story »
Newspapers companies have hoped against hope that the rapid fall of their print advertising would level out or at least decelerate. But, for the large companies like Gannett (GCI) and ... Read Full Story »
Shares of both China Mobile (CHL), the largest Chinese cell company, and No.2 China Unicom (CHU) both sit at 52-week highs. And, no wonder. China Unicom now has almost 151 ... Read Full Story »
Microsoft (MSFT) is finally getting serious about connecting its Windows product to other software using the internet. Google (GOOG) has been doing this with its spreadsheet and document products for ... Read Full Story »
However badly the big car companies bled sales this summer, it appears that August brought no hope for better days.Bloomberg speculates that Toyota (TM) sold more cars that Ford (F). ... Read Full Story »
As the municipal WiFi business at Earthlink (ELNK) has come under financial pressure, the future of city-wide wireless projects is in trouble. ELNK shares are down over 20% in the ... Read Full Story »
http://www.bloomberg.com/apps/news?pid=20601087&sid=ajZ2lVrqeb2I&refer=homeA study out fo Sweden may help the flagging fortunes of the stent businesses at Boston Scientific (BSX) and Johnsohn & Johnson (JNJ). Several pieces of research had indicated that ... Read Full Story »
According to GigaOm, the Google (GOOG) mobile phone is getting closer. The phone will run mobile Linux and can run Java virtual machines. It will run video clips. The Google ... Read Full Story »
According to Reuters, HSBC (HBC) bought 51% of Korea Exchange Bank $6.3 billion.Reuters writes GE (GE) bought buy British oilfield services firm Sondex for $583 million. Reuters reports that oil ... Read Full Story »
Markets in Europe were mixed at 7.40 AM New York timeThe FTSE was up .2% to 6,317. Barclays (BCS) was up 3.3% to 633.5. BP (BP) dropped .6% to 554.The ... Read Full Story »
Most markets in Asia were down modestly.The Nikkei fell .3% to 16,525. Sony (SNE) was up .4% to 5600. Toyota (TM) was up 1.5% to 6860.The Hang Seng fell .4% ... Read Full Story »