Chrysler sells very few cars overseas, so it may never recover from the auto industry recession. GM and Ford (F), which have fairly large operations outside the US, should look ... Read Full Story »
The delays in the Boeing (BA) Dreamliner were bound to cause its customers to take actions against the airplane manufacturer and that has happened. The Wall Street Journal reports that ... Read Full Story »
Nintendo had its worst quarter in a long time. Sales of its aging Wii video console fell by over half to 2.23 million units for the last period. Profits also ... Read Full Story »
No one wants to say the recession is over. It would be bad luck. The minute a prominent economist or the head of the Fed or Treasury Secretary calls an ... Read Full Story »
Wall St. found a lot of things wrong with the joint venture in the search engine industry between Microsoft (MSFT) and Yahoo! (YHOO) The smaller company’s stock dropped 12% and ... Read Full Story »
Reuters: Unemployment is causing further stress in the housing market. Reuters: The Microsoft (MSFT) deal with Yahoo! (YHOO) may have challenges with regulators. Reuters: Sony (SNE) lost money on weakness ... Read Full Story »
Most markets in Asia were up slightly. The Nikkei rose .5% to 10,165. Honda (HMC) rose on good results as did Sony (SNE). The Hang Seng was up .9% to ... Read Full Story »
There is news out in the after-hours session that General Electric Co. (NYSE: GE) may be a bit safer from all of the fears that it would have to separate ... Read Full Story »
Green Mountain Coffee Roasters, Inc., (NASDAQ: GMCR) has been a stock that nearly defied logic in its meteoric rise. It has at least defied gravity. The company has just announced ... Read Full Story »
The Mosaic Company (NYSE: MOS) has just announced a new unsecured credit facility with a syndicate of banks. While credit has been tight for many companies, this new three-year $500 ... Read Full Story »
USEC Inc. (NYSE: USU) has just announced that it is requesting that the Obama administration "review further the economic recovery and national and energy security benefits of providing a loan ... Read Full Story »
Petra Solar, Inc. may be an unknown company to many investors. But an announcement from it and Public Service Enterprise Group Inc. (NYSE: PEG) may soon change that. The companies ... Read Full Story »
We may soon see if Goldman Sachs Group Inc.'s (Nasdaq: GS) argument that government attempts to curb energy market speculation will have unwanted consequences. All signs point to the ... Read Full Story »
This Friday will mark the first look at Q2 preliminary Gross Domestic Product. The GDP, or the GNP if you learned it before the mid-1990's, is expected to show another ... Read Full Story »
This morning came a key analyst downgrade, in the brokerage firm sector itself. The analyst team at Goldman Sachs Group Inc. (NYSE: GS) downgraded shares of rival Morgan Stanley (NYSE: ... Read Full Story »