Private equity firms are bad and evil because they fire workers to juice profits for billionaires who get to pay low tax rates! Is that the right logic? What if ... Read Full Story »
Micron Technology, Inc. (NASDAQ: MU) was halted pending news. Most investors would have assumed it was about a lawsuit or around an earnings warning. It is far worse. Micron has ... Read Full Story »
The Bank of Ireland (NYSE: IRE) may have been a dead stock (or ADR) by most counts. The recapitalization and dilution process here has been almost as uncanny as the bailouts ... Read Full Story »
Sony’s (NYSE: SNE) revenue fell 9% in the September quarter and the company posted a loss, one of a long series. The Japanese firm also said that its P&L problems ... Read Full Story »
It was just on January 5 that we called the news on J.C. Penney Company, Inc. (NYSE: JCP)... Bad News Is Good News! Our take was that the company big ... Read Full Story »
Research In Motion (NASDAQ: RIMM) did not pick Bob Mansfield, Apple’s head of hardware operations, to act as its new CEO. It did not pick Philip Schiller, Apple’s long-time marketing ... Read Full Story »
After a series of management mistakes that cost Research In Motion (NASDAQ: RIMM) its lead in the global smartphone business, and over 80% of its market value, the firm’s long-time co-CEOs ... Read Full Story »
Wal-Mart Stores, Inc. (NYSE: WMT) is making a series of management changes today. While this is not the CEO level of the whole company, CEO Mike Duke noted, "Current Sam's ... Read Full Story »
Yahoo! Inc. (NASDAQ: YHOO) is surging in the after-hours session on news which many investors have been hoping would come for years. Jerry Yang has finally resigned from Yahoo! The ... Read Full Story »
Hewlett-Packard Co. (NYSE: HPQ) may have decided that it will not jettison its PC business after all, but the company's strategy appears under new CEO sure appears to be a strategy ... Read Full Story »
CNBC is reporting that Mike Williams, CEO of Fannie Mae, is stepping down from the GSE. Whether he was forced out or not is not known, but let's just say ... Read Full Story »
Eastman Kodak (NYSE: EK) believes that, for some reason, a major management and structure re-organization will save it from also certain Chapter 11. It took the odd step of making ... Read Full Story »
President Obama will appoint former Ohio attorney general Richard Cordray as the head of the Consumer Finanicial Protection Bureau today, invoking the president’s authority to make appointments when Congress is ... Read Full Story »
Yahoo! Inc. (NASDAQ: YHOO) has confirmed that it has appointed Scott Thompson as Chief Executive Officer. He will take over with an effective date of January 9, 2012. At that ... Read Full Story »
It was just on Friday that we named Research in Motion Limited (NASDAQ: RIMM) as being one of the thirteen worst big stock stories of 2011. This case is one ... Read Full Story »