Enterprise software company CA, Inc (CA) will fire 1,000 people, about 7% of its work force. The firm will take a $50 million restructuring charge in the current year, according to an ... Read Full Story »
Updated throughout the day. Microsoft (MSFT) will release its own line of smartphones (WSJ) The SEC is having trouble overhauling its enforcement divisions (Washington Post) Hedge fund assets will hit ... Read Full Story »
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter ... Read Full Story »
These are this Tuesday's top analyst upgrades, downgrades, and initiations seen from Wall Street research notes this morning: Apartment Investment & Management Co. (NYSE: AIV) Raised to Sector Perform at ... Read Full Story »
Just several weeks ago, Greece was on the brink of economic collapse, its debt a staggering 12% of GDP, and its unions prepared to stop work at any sign of ... Read Full Story »
If and when the DJIA hits 11,000 it won't matter much beyond being a round number. The Dow fell below 12,000 in June 2008 and below 10,000 in October of ... Read Full Story »
In keeping with the tradition of reporting data that is "less bad" than it was a year ago instead of "much worse", real estate research firm Reis said that US apartment ... Read Full Story »
Most market experts would not have expected Apple's (AAPL) market value to have passed Walmart's (WMT) or GE's (GE). But, it has even though the maker of the iPad and iPod had ... Read Full Story »
Reuters: Oil dropped as the dollar strengthened. Reuters: Samsung posted record profits. Reuters: Greece wants to amend its aid deal with Europe and not use IMF. Reuters: The US Transportation ... Read Full Story »
The Department of Transportation wants to make Toyota (TM) pay the maximum civil penalty-- $16.375 million-- for "failing to notify the auto safety agency of the dangerous 'sticky pedal' defect for at least ... Read Full Story »
Is airline management finally "getting it" and acting responsible? For American (AMR) and JetBlue (JBLU), based on last week's announcement, the answer is yes! At least this time! AirlineFinancials.com ... Read Full Story »
The 10-Year Treasury Note is back at 4.00% for the first time since June 2009. The 30-Year is still under the 5.0% hurdle, but both of these levels may need ... Read Full Story »
Today's version of the BioHealth Business Daily includes some less covered stocks because of the impact from the news flow today. We are seeing shares moving in Aeterna Zentaris Inc. ... Read Full Story »
It is hard to not notice the $1.70 gain in WTI NYMEX Crude to over $86.50 per barrel this morning. This is on the heels of new reports of economic ... Read Full Story »
Apple Inc. (NASDAQ:AAPL) may have already unleashed its iPad and already disclosed its first day sales of more than 300,000 iPad units. We have already seen many analyst calls this ... Read Full Story »