Foreclosed home sales were 24% of all transactions in the second quarter of 2010. The average price of a foreclosed home that was sold was 26% below comparable homes not ... Read Full Story »
Spain lost its precious Aaa rating as Moody's downgraded its sovereign debt one notch to Aa1. The agency said the outlook for the new rating is stable. Moody's gave three ... Read Full Story »
Reuters: China said legislation aimed at a devaluation of the yuan violated WTO regulations. Reuters: IPOs do poorly in the People's Republic now but can raise money from overseas investors. ... Read Full Story »
It is broadly assumed that American workers with access to computers spend some portion of their day using them for personal communication, gain, or pleasure. The actual wasted time and ... Read Full Story »
Insider selling often does not usually offer any more insight than insider buying. But when you have a hot sector that is full of rumors about who the next storage, ... Read Full Story »
Wal-Mart Stores, Inc. (NYSE: WMT) is getting a new CFO. The company has an SEC filing that shows that Thomas M. Schoewe will retire on November 30 as executive vice ... Read Full Story »
BP Plc.'s incoming CEO (NYSE: BP) Bob Dudley knows that the public is skeptical about his company's plans to create a Safety Division. After all, the oil company has made ... Read Full Story »
Monsanto Company (NYSE: MON) is down and out as a stock. At $48.50, its 52-week trading range is $44.61 to $87.06. This was also a $120 stock as recently as ... Read Full Story »
The issue of intermittency is well-known in alternative energy circles. Solar panels don't work when the sun doesn't shine, nor do wind turbines when the wind doesn't blow. But there ... Read Full Story »
Gold is a currency on fire. Currencies are losing their value against hard assets as it seems most nations are devaluing in a race to zero. Gold is now above ... Read Full Story »
Active traders have many stocks to choose from this Wednesday. We are tracking news and moves in shares of American International Group, Inc. (NYSE: AIG), BP plc (NYSE: BP), Family ... Read Full Story »
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ... Read Full Story »
Updated throughout the day. Sanofi-Aventis may raise its bid for Genzyme (NASDAQ: GENZ). The Administration has begun to pressure American International Group (NYSE: AIG) to find a way to lessen ... Read Full Story »
Bill Gross of Pimco may be the most widely-admired fixed income investor in the world. He is also a first rate pessimist in a pessimistic time. His most recent monthly ... Read Full Story »
The proposed merger and acquisition of Genzyme Corporation (NASDAQ: GENZ) by Sanofi-Aventis (NYSE: SNY) is about to get interesting. There is a building collective thought that a higher bid price ... Read Full Story »