In early trading in Asia, Japan's Nikkei 225 is down 4.4% to 12,745 at 8 PM New York time.The ASX All Ordinaries Index is off 5.3%Douglas A. McIntyre ... Read Full Story »
Microsoft (MSFT) is behind in the virtualization software business. Way behind. Wall St.'s perception, which is probably correct, is that recent IPO VMWare (VMW) has the industry lead. The company ... Read Full Story »
Several of China's largest banks may take billions of dollars in write-downs due to their ownership of US mortgage-backed securities. According to The Wall Street Journal "Bank of China's total ... Read Full Story »
Yahoo! (YHOO) management finally saw the writing on the wall. It read that the future was grim.The internet portal company is now almost certain to cut jobs before now and ... Read Full Story »
One stock which may come under more than normal pressure tomorrow is virtualization software company VMWare (VMW). Microsoft (MSFT) disclosed detail of its plans to take on the successful IPO ... Read Full Story »
Shares in BHP Billiton (BHP) and Rio Tinto (RTP) both lost over 10% of their market caps in Europe trading today. For BHP that is almost $18 billion and for ... Read Full Story »
There was an interesting article in this weekend's edition of Barron's. The financial weekly bible is noting that, despite the turmoil and perhaps terminal verdict of bond insurers, there may ... Read Full Story »
Tuesday could bring a 1,000 point drop on the Dow, especially if markets in Asia and Europe repeat their Monday performances tomorrow. China's big Hang Seng index fell 5.5% to ... Read Full Story »
Markets in Europe were down significantly at 7.20 AMThe FTSE fell 4.9% to 5,613. BHP Billiton (BHP) was off 7.5% to 1275. BT (BT) was off 5% to 262.The DAXX ... Read Full Story »
After two years of extraordinary run-ups, China's two big stock indices, the Hang Seng and Shanghai Composite have gone negative. The implications for the huge country could be more than ... Read Full Story »
The big US companies with the weakest prospects have sold off by as much as 50% over the few months. But, because some of them have powerful brands, large customer ... Read Full Story »
Sen. Charles Schumer and the rest of Congress are making a painfully slow but purposeful rush to save the economy from recession. It is a shame the the actions will ... Read Full Story »
According to Reuters, BHP Billiton (BHP) is lining up more bank financing in its bid to buy Rio Tinto (RTP).Reuters writes that the GE (GE) jet engine backlog in China ... Read Full Story »
Markets in Asia fell sharply.The Nikkei fell 3.9% to 13,326. Docomo (DCM) fell 4.6% to 165000. Toyota (TM) fell 3.6% to 5260.The Hang Seng dropped 5.5% to 23,819. China Life ... Read Full Story »