In any market, fools probably outnumber smart investor by a wide margin. Shareholders in dead pool tech firms like Sun (JAVA) and AMD (AMD) are not at the "high intelligence" ... Read Full Story »
Chieftain Capital Management owns over 60 million Comcast (CMCSA) shares, which is 2% of share outstanding. The investing firms want CEO Brian Roberts to leave. The problem is that his ... Read Full Story »
GM chief Rick Wagoner is prepared to work 24 hours a day to continue cutting costs in the US. Even if he has to take them to zero, he will ... Read Full Story »
Ben Benanke joined a line of politicians from both sides of the aisle in suggesting massive infusions of capital and incentives to save the US economy. The total value of ... Read Full Story »
There is a rule against taunting in football along with penalties. That has not moved to big business yet.International Business Machines Corp. told Wall Street to raise its 2008 according ... Read Full Story »
According to Reuters, IBM (IBM) issued a strong forecast for next year.Reuters writes that Bush and Congress are looking at a $150 billion package to improve the economy.Reuters reports that ... Read Full Story »
Most markets in Asia rose modestly.Te Nikkei was up .6% to 13,861. KDDI was off 4.2% to 793000. Docomo (DCM) was off 2.6% to 173000. Softbank was up 3.4% to ... Read Full Story »