The aggregate value of homes in the United States will drop $1.7 trillion this year after a drop of $1 trillion in 2009. That data comes from a report from ... Read Full Story »
These are some of this Thursday's key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Canadian Imperial Bank of Commerce (NYSE: CM) Raised to Equal-Weight at Morgan ... Read Full Story »
Updated throughout the day. MasterCard (NYSE: MA) will buy Travelex (Reuters) Morgan Stanley (NYSE: MS) will sharply cut management pay (WSJ) Google (NASDAQ: GOOG) did not complete a buy-out of ... Read Full Story »
China's November car sales hit a one-month record. Total cars and light vehicles shipped to dealers reached 1.34 million, up 29% from the same month last year. Sales for the ... Read Full Story »
Senator Tom Coburn of Oklahoma told the FT that new tax cuts, an extension of Bush programs, will send the capital markets a simple message: America does not care about ... Read Full Story »
Meet the Nine Worst Performers Of The S&P 500, the broadly followed stock market index, that analysts expect will improve next year. The reasons why they are in the Wall Street ... Read Full Story »
Seventeen billionaires including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz have agreed to pledge most of their money to charity. (www.thegivingpledge.org) (Reuters) WikiLeaks supporters shut down the MasterCard (NYSE: MA) and Visa ... Read Full Story »
There has been just as much written about e-commerce as there is about bricks-and-mortar sales this holiday season, if a quick read of online business sites and financial publications is ... Read Full Story »
The speculation of what will become of Howard Stern's contract with SIRIUS XM Radio Inc. (NASDAQ: SIRI) is heating up. This stock may have had a stellar rise over the ... Read Full Story »
How much are US air travelers willing to put up with from the airlines? The short answer is probably, "A lot," because, after all, we don't have a lot of ... Read Full Story »
Intel Corporation (NASDAQ: INTC) seems to be losing some of its edge when it comes to its share of the global semiconductor business. Gartner Group gave a forecast of total ... Read Full Story »
We did a story in October detailing five reasons to worry about oil getting to $100/barrel by the end of next year, and another five reasons to worry that oil ... Read Full Story »
Toyota Motor (NYSE: TM), its brand besieged in the US and elsewhere due to recalls, has one bright spot in the US. The company's luxury brand, Lexus, was the No.1 ... Read Full Story »
In 2010, China is expected to import about 130 million metric tons of coal, and that number could grow to 162 million metric tons in 2011. The country is trying ... Read Full Story »
The world's largest steelmaker is giving up on stainless steel. ArcelorMittal (NYSE: MT) has announced that it plans to go through with a plan it began discussing during the summer ... Read Full Story »