Markets in Asia were mixed. The Nikkei fell 1.3% to 7,970. The Hang Seng was up .9% to 13,781. The Shanghai composite rose 2% to 2,225. At the open in ... Read Full Story »
Dow Chemical (DOW) continues to dodge the issue of why it will not close the transaction to buy Rohm and Haas. (ROH). Most analysts think that when a joint venture with ... Read Full Story »
A look at the companies which announced layoffs in December and January demonstrates that almost no industry is immune from job losses due to this contracting economy. Tech companies such ... Read Full Story »
The advent of the printed book is usually traced back to The Gutenberg Bible in 1455. People have been used to reading the written word on paper ever since. Based on new ... Read Full Story »
The press has not learned, despite repeated experiences, that televangelists, medical researchers, elected politicians and chief executive officers are often incapable of telling the truth. That is not to say ... Read Full Story »
The price of crude oil has refused to rise even though OPEC has lowered production and threatened to further reduce exports. The September decrease of two million barrels a day ... Read Full Story »
This coming week will mark the earnings reports for two key household consumer stocks, both of which were supposed to be defensive. The Coca-Cola Company (NYSE: KO) reports earnings on ... Read Full Story »
For some countries, it may already be too late to keep their economies in a recession hoping for a recovery late in the year.That notion would make some sense. In ... Read Full Story »
Skechers (SKX) Big loss and analysts cuts. The daily double. Drops to $7.11 from 52-week high of $25.20.AIG (AIG) Report says government investment in the company is a bust. Sells ... Read Full Story »
General Electric Company (NYSE:GE) has authorized its regular quarterly dividend of $0.31 per share. This will keep the dividend the same, but if you read into Jeff Immelt's comments, it ... Read Full Story »
The sun is not shining on solar stocks these days. Evergreen Solar Inc. (NASDAQ:ESLR) reported a fourth-quarter net loss of $52.1 million (EPS of -$0.32) on revenue of $44.2 million. ... Read Full Story »
ONEOK, Inc. (NYSE:OKE) and its pipeline partnership ONEOK Partners, L.P. (NYSE:OKS) have issued guidance for 2008 and 2009. ONEOK has affirmed 2008 EPS "at the low end" of the $2.95-$3.05 ... Read Full Story »
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by ... Read Full Story »
In its seemingly never-ending quest to raise cash, Constellation Energy Group, Inc. (NYSE:CEG) has sold its downstream natural gas trading business to the North American trading arm of Australia's Macquarie ... Read Full Story »
General Electric Company (NYSE:GE) has authorized its regular quarterly dividend of $0.31 per share of the Company’s common stock. This will keep the dividend the same, but.... if you read ... Read Full Story »