In a clear display of how much money is chasing investment in the equities markets in China, the new small cap stock market, ChiNext, had a spectacular debut. The average value of ... Read Full Story »
The film of Michael Jackson's rehearsals for his British concert tour was a big risk for Sony (NYSE:SNE) which apparently put up $60 million for the rights to the footage. ... Read Full Story »
Amazon (NASDAQ:AMZN), Target (NYSE:TGT), and Wal-Mart (NYSE:WMT) are apparently sharply limiting the number of books customers can buy under their programs to sell popular titles at discount prices. Book publishers ... Read Full Story »
The SEC missed a number of signals in the Bernie Madoff case. Some concerns were raised by his clients and Barron's years before he was caught. It seems that a similar ... Read Full Story »
The old media is running out of time. The online editions of The Washington Post (NYSE:WPO), New York Times (NYSE:NYT), and Time, Inc (NYSE:TWX) properties do well, but not well ... Read Full Story »
The Commerce Department announced GDP growth of 3.5% for the third quarter, putting an exclamation point to the end of the recession. The power behind the improvement was, as usual, ... Read Full Story »
Reuters: The US economy is stable but risks remain according to Geithner. Reuters: JPMorgan (NYSE:JPM) raised concerns about Galleon in 2001. Reuters: As many as five million Americans have been ... Read Full Story »
Markets in Asia were higher. The Nikkei rose 1.5% to 10,034. Sony (NYSE:SNE) cut the forecast of its full-year loss The Hang Seng was up 2.2% to 21,731. CNOOC (NYSE:CEO) ... Read Full Story »
Wynn Resorts Ltd. (NASDAQ: WYNN) may have set a high bar for Las Vegas Sands Corp. (NYSE: LVS) and its earnings report today, but cost cuts helped the company to ... Read Full Story »
The market has just absorbed over $500 million worth of stock in secondary offerings today alone. We have offerings that came from Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW), Dollar ... Read Full Story »
It has become commonplace to see initial public offerings from earlier private equity holdings that were once public and taken private. Yet it is very odd to see a company ... Read Full Story »
Yahoo! Inc. (NASDAQ: YHOO) had its analyst day on Wednesday and the comments started coming out late yesterday. This was the first real show and tell session it has had ... Read Full Story »
Updated throughout the day. Updated 10.45 AM EST There is not as much cash on the sidelines as most investors expect. (Reuters) Yahoo! (NASDAQ:YHOO) has frozen hiring on the team ... Read Full Story »
The Commerce Department has reported in Q3-2009 Gross Domestic Product figures. We had 3.2% as the official estimate, but Goldman's drop late yesterday took expectations lower. Bloomberg had consensus at ... Read Full Story »
If you think oil companies make too much money regardless of what the numbers are, you might consider looking at just how sensitive the companies are to the price of ... Read Full Story »