The cable and telecom companies have come up with a new way to get more money out of their subscribers. They will offer less expensive plans with many fewer "stations". ... Read Full Story »
The Treasury Department decided not to name China as a currency manipulator in a cleverly worded decision. The opinion was part of a Treasury report to Congress-- the "Semi-Annual Report ... Read Full Story »
Reuters: The US did not name China a currency manipulator. Reuters: Most money managers don't believe the U.S. is in a double-dip recession -- yet. Reuters: The IMF said housing ... Read Full Story »
Obama may never get his way as he tries to shut down deepwater drilling in the Gulf as a reaction to the BP disaster An appellate court upheld a ruling ... Read Full Story »
There are several stocks on the move in after-hours trading tonight. Some are on earnings and some are carry-over trades on the surface. We have reviewed the moves and added ... Read Full Story »
Merck & Co., Inc. (NYSE: MRK) will dump 16,000 workers now that its merger with Schering-Plough well along. The company announced plans to phase out operations at eight research sites ... Read Full Story »
The research firm Hitwise reports that Microsoft Corporation's (NASDAQ: MSFT) Bing search engine market share rose 7% in June, from 9.23% to 9.85%. The number is probably within a the ... Read Full Story »
If you trade triple-leverage ETFs, Direxion is no stranger to you. And if you recall reverse stock splits becoming mandatory due to wild price moves, Direxion is no stranger to ... Read Full Story »
The second half of the real-estate debacle was supposed to come in the second of half of 2010. The first part came in 2008, when the value of residential mortgage-backed ... Read Full Story »
Apple Inc's (NASDAQ: AAPL) stock is down from its 52-week high of $279 to $256. One of the most significant reasons that although the iPhone, especially the latest version, is ... Read Full Story »
Seaborne shipping is experiencing a boom and bust period now as container shipping is having a difficult time meeting demand while dry bulk shipping continues its free-fall. The Baltic Dry ... Read Full Story »
Meredith Whitney called the first banking and financial implosion right. Then came the year-plus of a huge exponential rally where she stayed mostly very cautious in the sector for banks ... Read Full Story »
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) and Warren Buffett are not supposed to be this controversial. In fact, Mr. Buffett would probably tell you he'd rather be boring. Yet, ... Read Full Story »
Netflix, Inc. (NASDAQ: NFLX) has become a true battleground stock where bulls and bears fight it out to the death. With shares trading around $120.00, the Big-V is a concern: ... Read Full Story »
Retail sales reports for the month of June are arriving thick and fast this morning, but the news is lukewarm at best and the outlook for the back-to-school season is ... Read Full Story »