Markets in Europe were sharply lower at 7.20 AM Eastern timeThe FTSE fell 1.6% to 5,930. BHP Billiton (BHP) was off 4.8% to 1413. Diageo was up 1.7% to 1014.The ... Read Full Story »
JPMorgan Chase (NYSE: JPM) posted earnings of $3 Billion in net income with a generation of $0.86 EPS vs $0.92 estimates. Revenues were $18.275 Billion on a consolidated basis, while ... Read Full Story »
Most of the talk about Apple's (AAPL) new movie rental business centers around what will happen to bit players like Netflix (NFLX) and Blockbuster (BBI).While it is not clear that ... Read Full Story »
Consider the stocks which hit 52-week highs in 2007 and may not be back to those levels of years.JP Morgan (JPM) hit $53.25 and now trades at just above $39. ... Read Full Story »
The wind blowing on Wall St. is perverse and racked with fear. Traders will turn vicious in the face of reasonable results. They will not even spare their own financial ... Read Full Story »
Recessions are no good, no fun, and we are for all practical purposes in one. The government numbers just aren't yet there. But if you are a CEO that was ... Read Full Story »
Even if Google (GOOG) is winning in the search engine market, Yahoo! (YHOO) does have the most unique visitors of any web operation. That may be changing as Google gains ... Read Full Story »
Accordiing to Reuters, Sony Ericsson posted strong results and said it was improving market share.Reuters writes that Intel (INTC) missed forecasts driving its shares down.Reuters reports that Boeing (BA) is ... Read Full Story »
Markets in Asia fell sharply.The Nikkei fell 3.4% to 13,505. NEC fell 5% to 419. The Hang Seng fell 5.4% to 24,451. China Life (LFC) fell 7.6% to 33.45. CNOOC ... Read Full Story »