The U.S. and state attorneys general reach a $25 billion settlement with five banks over mortgage abuses. (Reuters) The Hong Kong division of Alibaba may go private as part of ... Read Full Story »
Investment firm Canaccord Genuity said today in its daily newsletter that Apple Inc. (NASDAQ: AAPL) garners about 80% of the operating profit among all handset makers. Of $14.4 billion in ... Read Full Story »
Yet another all-time high for shares of Apple Inc. (NASDAQ: AAPL). Whether it is iPhone, Mac, iPad, or the chatter of the coming AppleTV... The run here has been amazing ... Read Full Story »
Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ... Read Full Story »
The social media hype around the Facebook IPO is driving many shares in the sector of online social media. Some of the Halo-effect may not even be deserved, and this ... Read Full Story »
Facebook, Inc. has now filed its paperwork with the SEC which will allow the social networking giant to conduct an initial public offering. It should be no real surprise that ... 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 »
New data from online research firm Comscore shows Facebook had 27.9% of the U.S. display advertising market, up from 21% in 2010. Yahoo!’s (NASDAQ: YHOO) share was 11%. Google (NASDAQ: GOOG) ... Read Full Story »
Toshiba cuts its profit forecasts and lowers guidance. (Reuters) Honda (NYSE: HMC) posts a 65% drop in profits and cuts its outlook because of the yen and Thai floods. (Reuters) ... Read Full Story »
Almost all investments rise and fall in price through time, and the same is true over the value of sports collectibles and baseball cards. The 'investing' rule in sports collectibles ... 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 »
Apple (NASDAQ: AAPL) has been successful in the market for personal computers for individuals for decades. The Mac has been pulled along by the popularity of, first, the iPod, and more ... Read Full Story »
Facebook is now rumored to be filing its IPO paperwork as soon as next week. The 'rumor' is coming out of a report from the Wall Street Journal that Morgan ... Read Full Story »
For the first time in a long time, short sellers have increased their bets that the stock prices of most large companies and in most large sectors will fall. The ... Read Full Story »
Just because you're retired doesn't mean you don't have to work. As of the end of last year, 7.3% of Americans 75 and older were employed -- the highest level ... Read Full Story »