Warren Buffett is dumping Moody's Corp. (NYSE: MCO). We'll never know until it is already done whether the Oracle of Omaha wants to jettison it entirely from the holdings of ... Read Full Story »
Auriga is a boutique research firm that many have not heard of, but this morning the firm has reiterated its BUY rating on Microsoft Corporation (NASDAQ: MSFT) and its $33.50 ... Read Full Story »
China Unicom (NYSE:CHU) released its earnings yesterday and as part of its comments to investors it said it had only sold 5,000 iPhones since it started offering the handset. China Unicom posted ... Read Full Story »
Updates throughout the day. Updated 10.33 AM EST: Royal Bank of Scotland may have to divest its majority interest in the RBS Sempra Commodities joint venture. (The Deal) Bank of ... Read Full Story »
These are the top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Tuesday morning: Apollo Commercial Real Estate (NYSE: ARI) Started as Overweight ... Read Full Story »
Best Buy (NYSE:BBY) wants to join the legion of other firms with branded movie download services, although it is not clear why. A number of media sources say that the ... Read Full Story »
By John Tamny The 18th century French writer Voltaire once observed that the State is "a device for taking money out of one set of pockets and putting it into ... Read Full Story »
We always knew that Warren Buffett loved the railroad stocks. We also had for years heard Buffett talk about the prospects of a "whale of a deal" in large acquisitions. ... Read Full Story »
Cisco (NASDAQ:CSCO) may control most of the global router and enterprise video conferencing business, but it wants a bigger footprint in home video delivery. Silicon Valley's biggest M&A machine has ... Read Full Story »
The dollar is still losing its luster as the foreign reserve currency of choice. India has just bought 200 tons of gold from the IMF at $1,045 an ounce which ... Read Full Story »
Two coffee companies which sell their products online and through retailers are merging. They should be able to create a formidable competitor for Starbuck's retail business outside its own stores. Diedrich (NASDAQ:DDRX) will ... Read Full Story »
Bankers from the nation’s 28 largest banks were called to regional Federal Reserve offices across the country today to get a message from the agency. That message was that they ... Read Full Story »
Jerome York is a nasty piece of work and a financial genius who has been successful as a lieutenant to billionaire raider Kirk Kerkorian. York’s curriculum vita as a financial ... Read Full Story »
Reuters: The value of the yuan could cause a trade war between the US and China. Reuters: Executive pensions rose despite drops in stock prices. Reuters: Lloyds will make a ... Read Full Story »
Markets in Asia were mixed. The Hang Seng was down 1.8% to 21,240. The Shanghai Composite was up 1.2% to 3,114. At the open in Europe, The FTSE was down ... Read Full Story »