Moody's put the rating of Japan's debt on credit watch. The outlook was cut to "negative" from "stable." The government of Japan's current rating is Aa2. Moody's said, "The rating ... Read Full Story »
Investors are concerned about whether Wal-Mart's (NYSE: WMT) US store division has grown. (Reuters) Moody's cut its outlook on Japan to negative due to concerns about whether government austerity measures ... Read Full Story »
The auction of Blockbuster's assets began today with what the company termed a "stalking horse" bid. It was set at what might be a considered a low price--$290 million. The ... Read Full Story »
For once, a major credit ratings agency was not weeks or months behind making a downgrade of a worsening economic situation "Fitch Downgrades Libya to 'BBB', Negative Watch", the agency ... Read Full Story »
Twitter has, by most estimates, 175 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 DST will put $100 million into online music firm Spotify (TechCrunch) China social network firm Renren will have a US IPO (WSJ) CIC and Blackstone (NYSE: ... Read Full Story »
The cost for regular gasoline has rose over $3.17 on average last week according to AAA. That is 20% above the same time a year ago. The price is much higher ... Read Full Story »
Successful political activity often spreads from one geographic area to another. That has certainly been true among financially weak countries in Europe. It is now happening among nations in the ... Read Full Story »
Research firm Markit announced that its joint monitoring of China's PMI, done in tandem with HSBC, predicted a surprising slowdown in February. The brief report's most important observation was "Flash ... Read Full Story »
Dr. Thomas Bogdan of the National Oceanic and Atmospheric Administration's Space Weather Prediction Center in Boulder recently expressed concern that solar activity could disrupt satellite communication, GPS accuracy and electrical power. ... Read Full Story »
Yields on the five-year sovereign debt of Portugal rose over 7% as capital markets investors lost faith once again in the nation's ability to right its economy. Past patterns, if ... Read Full Story »
The US federal government could shut down as House Republicans battle the Administration on budget deficit matters (Reuters) Riots in Libya moved oil higher and Asia markets lower. (Reuters) Air ... Read Full Story »
Ben Bernanke charged that investments from abroad helped cause the credit crisis. "Excess savings", money credited in emerging nations, sought save haven investments. Among these were mortgage-backed securities that they ... Read Full Story »
S&P 500 WEEK TOP 10 (11FEB -17FEB) Ticker Weekly Price Change (%) Close Price 17Feb11 Close Price 11Feb11 Market Cap($Mil) Family Dollar Stores Inc. FDO 19.3 52.67 44.16 6656.8 ... Read Full Story »
BRF - Brasil Foods S.A. (NYSE: BRFS) may not be a household name in America. The company is in production and the sale of poultry, pork, beef, milk, dairy products, ... Read Full Story »