By now, even the pygmies have heard that Steve Jobs is taking a medical leave of absence as CEO of Apple Inc. (NASDAQ: AAPL). Where Apple goes from here is ... Read Full Story »
Target Corporation (NYSE: TGT) announced this morning that its board of directors has appointed president and CEO Gregg Steinhafel as the company's chairman of the board, effective February 1. ... Read Full Story »
KeyBanc is lowering estimates and price targets for payment processors, including MasterCard (NYSE: MA) and Visa (NYSE: V). The firm said they are taking a far more cautious approach than ... Read Full Story »
This morning we had several key pieces of economic data in weekly jobless claims and in the ever-important reading of wholesale inflation measured via the producer price index. Interestingly enough, ... Read Full Story »
By John Tamny RealClearMarketsA recent newspaper headline asked a question that's presently on the minds of many Americans: "How long will the economic plunge go on?" Depending on the person ... Read Full Story »
The French has turned to a trait which has been uncommon in the European country.One of the most well-regarded analysts at Societe Generale says that it is time for the ... Read Full Story »
These are some of the top pre-market analyst upgrades we have seen this Thursday morning with more than two hours until the market opens:AmerisourceBergen (ABC) Raised to Outperform at Oppenheimer.Dollar ... Read Full Story »
These are some of the top pre-market analyst downgrades we have seen this Thursday morning with more than two hours until the market opens:Aegon (AEG) Cut to Sell at UBS.Apple ... Read Full Story »
Analysts have been concerned that JP Morgan (JPM), considered the most successful of the large US banks, might miss its numbers and turn in a lossThe financial firm held the ... Read Full Story »
During the last half of the 20th Century every family wanted to have a car, and most bought one.. In many cases they got two or three. The automobile was ... Read Full Story »
Motorola (MOT) will lay off 4,000 more people this year. In the fourth quarter, it sold only half as many handsets as it did in the same quarter a year ... Read Full Story »
Congress is fighting with both the administration that is leaving and the one that is coming about what should happen to the $350 billion left in the TARP. Most legislators ... Read Full Story »
Sociologist and business consultant Watts Wacker has pointed out that the most successful enterprises in the world are created by people who are willing to be a zebra in a ... Read Full Story »
According to Reuters, Steve Jobs will take a medical leave from Apple (AAPL) until June 30.Reuters reports that Bank of America (BAC) is in discussions with the government to get ... Read Full Story »
Markets in Asia were sharply lower.THe Nikkei fell 4.9% to 8,023.The Hang Seng was off 3.4% to 13,235.The Shanghai Composite fell .5% to 1,920.At the open in Europe, the FTSE ... Read Full Story »