The US economy lost 2.4 million jobs in the last four months of 2008. At the current rate of layoffs,…
Starbucks (SBUX) posted bad earnings for last quarter. Over the last 2 years Starbucks expanded extensively, refusing to recognize that…
Robert Rubin, former Goldman Sachs (GS) chief, Treasury chief, and lead director at Citigroup (C) should have been flying to…
Citrix Systems Inc. (NASDAQ: CTXS) is getting shelled after its earnings report. The company’s net fell 4% to $0.33 EPS,…
Starbucks Corp. (NASDAQ: SBUX) has posted disappointing earnings. The coffee giant reported $0.15 non-GAAP EPS and $2.62 billion in revenue. …
Qualcomm Inc. (NASDAQ: QCOM) reported earnings of $0.31 in pro forma non-GAAP EPS and $2.52 billion in revenue. Thomson Reuters…
According to MarketWatch, "The Federal Reserve said Wednesday that it would keep intact its current policy of record-low interest rates.…
Bank of America (BAC) is forcing a number of employees in its investment banking operation to defer their bonuses to…
Losing money and announcing layoffs is becoming more and more routine. That holds true even for DJIA components. The Boeing…
Colonial Bancgroup Inc. (NYSE: CNB) is looking like it is the next banking institution on the verge of tipping over…
The global economy is faced with total write-downs on toxic asset which could top $2.2 billion. Most of this paper…
Citi resumes coverage on Lloyds Banking Group (NYSE: LYG) with a buy from hold, citing reduced fears of nationalization. Citi…
ConcocoPhillips Corporation (NYSE:COP) confirmed today its week-ago operations update that the company would take a $34 billion non-cash impairment charge…
The Internet was going to save the newspaper industry. The Internet was going to save The New York Times Company…
After the market closed yesterday, Chesapeake Energy Corporation (NYSE:CHK) announced that it would take a $1.8 billion non-cash, after-tax impairment…
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