Reuters: Rio Tinto (NYSE: RTP) and BHP Billiton (NYSE: BHP) killed a $116 billion joint iron ore venture. Reuters: The People's Daily said the rise in the yuan will not ... Read Full Story »
The Mac is unlikely to take Apple Inc (NASDAQ: AAPL) to the leader's board for PC sales. It is still considered too much of a niche product. And, netbooks, which ... Read Full Story »
The environment for home sales becomes more difficult with each passing month. Some estimates put 11.1 million mortgages, about 23% of the US total, underwater, meaning that homeowners owe their ... Read Full Story »
The US Treasury Department announced the final numbers for the nation's budget deficit for the fiscal year which ended on September 30. It was the second largest in US history ... Read Full Story »
The Treasury Department caved into pressure and delayed its decision to label China as a currency manipulator. The Administration decided to defer the decision instead of sending a report to ... Read Full Story »
Apple Inc. (NASDAQ: AAPL) has earnings due on Monday, October 18, 2010, after the closing bell. While we wanted to look at the consensus data, we also wanted to see ... Read Full Story »
The US Environmental Protection Agency has released its expected increase in the ethanol "blend wall" from 10% (E10) to 15% (E15) for light vehicles built in model year 2007 and ... Read Full Story »
The week of October 18 to 22 is jam-packed with earnings. It also happens that eleven of the thirty DJIA components reporting earnings will be delivered next week. On deck ... Read Full Story »
As lies go, "we don't comment about mergers and acquisitions" may not equal "I'll respect you in the morning" but it's awfully close. The truth is that companies, their ... Read Full Story »
It was probably only a matter of time before China's state-owned chemical company Sinochem walked away from trying to raise enough money to make an offer for Potash Corp. of ... Read Full Story »
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Apollo Group Inc. (NASDAQ: APOL), Ambac Financial ... Read Full Story »
Twitter has, by most estimates, 145 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 »
Federal Reserve Chairman Ben Bernanke is keeping quantitative easing alive despite saying action is or isn't being taken. The speech is from a monetary policy conference held by the Federal ... Read Full Story »
Infosys Technologies Limited (NASDAQ: INFY) is now a $40 billion IT-outsourcing outfit. The company has reported Q2 earnings at $0.65 EPS versus Thomson Reuters estimates of $0.61; Revenues were up ... Read Full Story »
Updated throughout the day. Sinochem (NYSE: SNP) has given up on its bid for Potash (NYSE: POT) (Reuters) GM should have mid-November IPO (Reuters) Wal-Mart (NYSE: WMT) has renewed it ... Read Full Story »