Merrill Lynch (NYSE:MER) sold the city of Springfield Mass a financial instrument which lost 90% of its value. According to The Wall Street Journal "Merrill violated state law by not ... Read Full Story »
Eddie Lambert has been a bust as a retailer. He may be fine at running a hedge fund, but due to his large holding in Sears (SHLD), that distinction may ... Read Full Story »
Google (GOOG) lost a little bit of its prized search share in December according to Nielsen.Compared with November numbers, Google's piece of the US market fell from 57.7% to 56.3%. ... Read Full Story »
Markets continued to reel as investors took a chainsaw to the third trading week of 2008. Gold faltered and oil continued to pull back from the hundred-dollar high. On Thursday, ... Read Full Story »