Bank of America (NYSE: BAC) may not put the monthly $5 debit card fee it planned into place after all. The monthly toll was to be charged to customers who ... Read Full Story »
The recession never ended for most consumers, not just in the U.S. but around the world. If consumer expenditures do not accelerate in the future, the recession will last longer. ... Read Full Story »
Japan acts to lower the yen before the upcoming G20 meeting. (Reuters) Beacon Power (NASDAQ: BCON), backed by U.S. funds, goes bankrupt. (Reuters) Young and well-educated Greeks begin to leave ... Read Full Story »
Oil prices are about $93 now. That is down from well over $100 a quarter ago, but is still not low enough to bolster the economy much. Consumers and many ... Read Full Story »
After years in the shadows of major media sites, blogs have come into their own. They now compete directly with the most well-funded online content sites, many of which are ... Read Full Story »
Comments as noted: Net profit/loss UAL = $773M DAL = $765M ALK = $131M LUV = $122M LCC = $ 95M JBLU = $ 38M AMR = -($162M) While most ... Read Full Story »
Earnings season is still running strong and the economic readings keep coming out as well. As we come to the end of October, there is going to be plenty of ... Read Full Story »
Walmart (NYSE: WMT) will begin to cut hours at some of its 24-hour stores, a sign of flagging traffic as the holiday retail period begins. Walmart has been in the ... Read Full Story »
Google's (NASDAQ: GOOG) YouTube will launch 100 premium channels, in what will be the start-up of a bone-crushing competitor to online video sites like Hulu and Yahoo! video. YouTube's size ... Read Full Story »
Each morning 24/7 Wall St. issues its list of some of the key analyst upgrades, downgrades, and initiations seen from Wall Street research firms. We review these calls and other ... Read Full Story »
President Obama recently announced he would extend the nation’s mortgage refinancing program in an effort to provide relief to homeowners whose mortgages are worth more than the value of their ... Read Full Story »
Markets opened slightly lower this morning and spent the morning trying to decide on a direction. The Reuters/University of Michigan Consumer Sentiment Index rose more than expected, but even ... Read Full Story »
A couple of weeks ago we looked at implied share price gains at several retailers, and today we’ll take a more focused look at mall anchor stores. Three retailers ... Read Full Story »
Thursday was such a great day and the markets cheered endlessly as if the world is suddenly saved. With the DJIA having gone back over 12,000 and with the freshest ... Read Full Story »
Two of the world’s largest advertising agencies reported earnings this morning, and while the reports are good, the outlook for the current quarter is soft. Things are expected to get ... Read Full Story »