It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because ... Read Full Story »
Among the major movers at around noon today are Amazon.com (NASDAQ: AMZN, Whirlpool Corp. (NYSE: WHR), AOL Inc. (NASDAQ: AOL), JDA Software Group Inc. (NASDAQ: JDA), and Unisys Corp. (NYSE: ... Read Full Story »
Earnings season is still going strong and Wednesday will have many big earnings reports to watch. These are not the only earnings reports coming from big companies, but these are ... Read Full Story »
EU leaders agree to create the European Stability Mechanism, which will have funds of 500 billion euro and begin its business in July. (Reuters) EU leaders probably will create a ... Read Full Story »
Yahoo!’s (NASDAQ: YHOO) earnings were weak, which raised the matter of a business combination with Microsoft (NASDAQ: MSFT) or Aol (NYSE: AOL) again. A more suitable merger would be with ... Read Full Story »
Google (NASDAQ: GOOG) misses earnings expectations, which pushes shares down as much as 10%. (Reuters) IKEA posts a profit and grows in most regions of the world. (Reuters) Greece and ... Read Full Story »
http://platform.twitter.com/widgets/hub.1324331373.html Yahoo! (NASDAQ: YHOO) is working on a deal with Alibaba to sell part of its stake in the Chinese company. (Reuters) Toyota (NYSE: TM) expects record sales next year ... Read Full Story »
Prosecutors raid Olympus to gain data in a probe of the accounting scandal at the company. (Reuters) Bank of Japan says it will hold to current policies as the economy ... Read Full Story »
Eurozone on notice. The situation in Europe, so promising just days ago, took a sharp turn for the worse. S&P put 17 nations in the euro area on credit ... Read Full Story »
Over the past month, a number of internet stocks have received new target prices from analysts. We’ve seen five targets rise: Google Inc. (NASDAQ: GOOG), LinkedIn Corp. (NASDAQ: LNKD), AOL ... Read Full Story »
Is Facebook worth more than Silicon Valley icon Cisco Systems (NASDAQ: CSCO)? The market seems to think so. Facebook may launch an IPO in the spring that would raise $10 ... Read Full Story »
S&P may cut its outlook on France’s AAA debt. (Reuters) A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters) Amazon.com (NASDAQ: AMZN) says Kindle ... Read Full Story »
Microsoft (NASDAQ: MSFT) should have bought Facebook four years ago, when it might have had to pay only a few billion dollars. Since then, the social network has cruised past ... Read Full Story »
The super committee makes no significant decisions on the budget deficit. (Reuters) The largest shareholder in Olympus cuts its position. (Reuters) Google (NASDAQ: GOOG) launches its new music service. (Reuters) ... Read Full Story »
Greece will announce its new government today. (Reuters) Inflation in China drops in October. (Reuters) Olympus investment losses may have gone above $1 billion. (Reuters) Silvio Berlusconi leaves as prime ... Read Full Story »