Part of the long-term thinking at GE (GE) has been that, as the US economy slowed, emerging markets in Asia would drive double-digit returns. GE's international business would more than ... Read Full Story »
In many homes, the TV is topped by a cable box, a DVR, a satellite box, a PC, a Slingbox, and an Unbox from Amazon (AMZN). Netflix (NFLX) thinks that ... Read Full Story »
Banks are supposed to be one another's friends. The all have the same problems now. They are all lobbying for the same relief. They often share customers. When they compete, ... Read Full Story »
Sometimes surveys are unnecessary. The results are foregone and obvious. Saying that airline passengers hate the carriers that take them around for business and pleasure is plain to anyone who ... Read Full Story »
The US government now says that food prices will rise 5.5% this year. The previous forecast was 4.5%. According to The Wall Street Journal "The forecast released Monday by the ... Read Full Story »
Microsoft (MSFT) could not buy Yahoo! (YHOO), so now it is proposing to purchase just a piece. It wants to get the portal company's search engine business and leave Yahoo! ... Read Full Story »
What is for sale on Wall St.? It depends on who one wants to believe. Some rumors are false and may be planted for nefarious reasons. Others are true, but ... Read Full Story »
According to Reuters, Microsoft (MSFT) is proposing to buy Yahoo!'s (YHOO) search business.Reuters writes that Barclays (BCS) is looking at a possible bid for Lehman (LEH). Reuters reports that customer ... Read Full Story »
Markets in Asia were mostly down The Nikkei fell .8% to 14,160. Kobe Stell was up 7% to 368. Docomo (DCM) was down 2.5% to 156000.The Hang Seng was off ... Read Full Story »