Economists still expect layoffs in the US and Europe to slow as the recovery gains momentum. Pessimists among experts on GDP growth and job losses believe that the major risk ... Read Full Story »
Markets in Asia were mixed. The Hang Seng was down 1.8% to 21,240. The Shanghai Composite was up 1.2% to 3,114. At the open in Europe, The FTSE was down ... Read Full Story »
Stocks in Asia were lower. The Nikkei fell 2.3% to 9,803. The Hang Seng was down .7% to 21,609. The Shanghai Composite rose 2.7% to 3,077. At the open in ... Read Full Story »
Wall St. will not be the only place where key workers will get multi-million dollar bonuses this year. RBS (NYSE:RBC), a UK financial firm which came within days of failing and received ... Read Full Story »
Updated throughout the day. Updated 12.02 PM EST: Wal-Mart (NYSE:WMT) will have a national roll-out of its "no contract" cellular service which could put sales pressure on Sprint (NYSE:S) (Reuters) ... Read Full Story »
Reuters: The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters: US car sales plunged in September with Ford (F) up ... Read Full Story »
Reuters: A college education no longer means easy employment in China. Reuters: Fannie Mae (FNM) lost $14.8 billion. Reuters: The auto "clunkers" legislation passed the Senate. Reuters: Obama is in ... Read Full Story »
Markets in Asia were mixed The Nikkei rose .2% to 10,412. The Hang Seng fell 1.5% to 20,596. China Mobile (CHL) rose sharply. The Shanghai Composite dropped 2.7% to 3,281. ... Read Full Story »
Markets in Asia were mixed. The Nikkei rose 1.3% to 10,389. Toyota (TM) rose over 3%. The Hang Seng rose .8% to 20,647. The Shanghai Composite was down 2.1% to ... Read Full Story »
These are some of the top analyst downgrades and cautious research calls we have seen from Wall Street early this Tuesday morning: American Express (AXP) Started as Underperform at RBC. ... Read Full Story »
These are the top pre-market analyst downgrades or cautious calls we have seen from Wall Street this Wednesday morning with more than two hours until the market opens: Barclays (BCS) ... Read Full Story »
An independent wind energy developer called First Wind announced today that it has obtained $376 million in financing for its wind generation project in Milford, Utah. This is for a ... Read Full Story »
According to Reuters, Obama must get Americans to spend now and save later to help the economy, and consumers are wary of spending. Reuters reports that the SEC will consider ... Read Full Story »
These are some of the top analyst downgrades and cautious research calls we have seen from Wall Street early this Tuesday morning: Ansys (ANSS) Cut to Neutral from Overweight at ... Read Full Story »
These are the top pre-market analyst downgrades and negative calls from Wall Street that we have seen this Wednesday morning: American Express (AXP) Cut to Sell from Neutral at Goldman ... Read Full Story »