As a media man, Rush Limbaugh is a veritable Midas. He has at least five easily discernable revenue streams. In all, Limbaugh likely brings in close to $60 million each year. It’s a good ... Read Full Story »
Reuters: The Treasury says the TARP loss will be $200 billion less than expected. Reuters: Cadbury (NYSE:CBY) will respond to the Kraft (NYSE:KFT) offer on the 14th of December. Reuters: ... Read Full Story »
Markets in Asia were mixed. The Nikkei rose 1.5% to 10,168. JAL rose sharply on news of a government bailout. The Hang Seng fell .8% to 22,325. Geely Auto rose. ... Read Full Story »
Apple (NASDAQ:AAPL) has opened scores of retail stores and by almost any measure they have been a success. Microsoft (NASDAQ:MSFT) is opening retail locations to sell its hardware and software. ... Read Full Story »
The attached chart from The American Observer does a particularly good job of showing the progress of unemployment superimposed on a map of the United States. The period covered is ... Read Full Story »
Pressure from the federal government and taxpayers did nothing to bend the will of Goldman Sachs (NYSE:GS) It will pay out $19 billion in bonuses to its employments which means that ... Read Full Story »
This was a wild week, and perhaps a disappointment that the news did not propel stocks even higher. There were many key movers though, and we have a very active ... Read Full Story »
Apple (NASDAQ:AAPL) customers who want to buy and play music and video from the iTunes store have to download it to their iPods or iPhones. The huge consumer electronics company ... Read Full Story »
State Bank and Trust Company is taking over two failed and seized banks in Georgia, making this the #125 and #126 closed banks in America during the financial crisis. But ... Read Full Story »
It may be that Treasury Secretary Tim Geithner needs to take a revisionist's view of history to support his attacks on the large bonuses Goldman Sachs (NYSE:GS) and other banks are about ... Read Full Story »
Bank of America Corporation (NYSE: BAC) was all over the news for repaying the TARP and for its huge $15.00-equivalent stock offering of more than $19 billion. The S&P rebalance ... Read Full Story »
Akamai Technologies Inc. (NASDAQ: AKAM) rose 7.9% to a yearly high of $25.66 after the software company was upgraded to "outperform" by Oppenheimer & Co. Flow International Corp. (NASDAQ: FLOW) ... Read Full Story »
This morning the Bureau of Labor Statistics announced that the unemployment rate had dropped from 10.2% to 10% and that nonfarm payroll jobs declined by just 11,000. The market rallied ... Read Full Story »
We have had a hard time not noticing how many more emails Apple Inc. (NASDAQ: AAPL) has sent out on deals compared to last year. More importantly, we have noticed ... Read Full Story »
Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts. It looks like we have another week of rig count growth on the three major counts, a positive ... Read Full Story »