Intel (INTC) has been trying to get rid of its smaller competitor, AMD (AMD), for years. It may have even gone too far according to antitrust regulators in Europe. But, ... Read Full Story »
Starbucks (SBUX) seems hell bent on cutting its way to profitability. It may work, but it is also possible that the economy has gone through such an upheaval that the ... Read Full Story »
The Administration appears to be ready to give GM (GM) and Chrysler more money. According to The Detroit Free Press, the car companies are about to get further aid in the ... Read Full Story »
Over the past week 24/7 Wall St. has picked several stocks from major sectors that are likely to double off of their lows. This group focuses on the transportation sector ... Read Full Story »
It looks like "All Fools Day" will come early on Wall St. this year. Several banks are going to try to raise the base salaries of key employees to dodge ... Read Full Story »
Now that final numbers from 2008 have been filed for most large US companies, 24/7 Wall St. is picking several stocks that are likely to double off of their lows, ... Read Full Story »
According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system. Reuters reports that Lehman will put two ... Read Full Story »
Markets in Asia were higher The Nikkei rose 3.2% to 7,949. The Hang Seng was up 1.3% to 13,129. The Shanghai Composite rose 3% to 2,218. Data from Reuters. Douglas ... Read Full Story »
Energy Conversion Devices, Inc. (NASDAQ: ENER) has made an announcement after the close that really is nothing better than an old fashioned earnings warning. The company also is lowering production ... Read Full Story »
4 Kids Entertainment (KDE) Big Q4 loss. Drops to $1.01 from 52-week high of $25.30. Nanogen (NGEN) Delisting notice. Drops to $.07 from 52-week high of $.59. Data Domain (DDUP) ... Read Full Story »
The latest National Association of Home Builders' survey shows that confidence is unchanged from last month. This is the second month in a row that the level has remained at ... Read Full Story »
President Obama has asked Treasury Secretary Tim Geithner to look at compensation being paid to AIG (AIG) employees for work done in 2008 and to pursue "every legal avenue to block ... Read Full Story »
Cisco Systems, Inc. (NASDAQ: CSCO) came out with its big technology platform announcement, as prior reports had hinted at. This includes announcements for services and products involving Microsoft Corp. (NASDAQ: ... Read Full Story »
Canadian pipeline company Enbridge Inc. (NYSE: ENB) has agreed to sell its 24.7% equity stake in Colombia's Ocensa pipeline to the country's national oil company, Ecopetrol S.A. (NYSE: EC). The ... Read Full Story »
Today is the first day of reporting for the new crude oil price assessment announced earlier this month by Platts. The new marker has already had its name changed from ... Read Full Story »