According to Reuters, Countrywide (CFC) sought to calm investors about it future as it laid of mortgage workers.Reuters reports that Nasdaq's (NDAQ) failure to buy the London Stock Exchange makes ... Read Full Story »
American Home Mortgage (AHM). It has the word mortgage in it. 63 pennies down from 52-week high of $36.40.Rait Financial Trust (RAS) Mortgage lender. $6.14 down from $38.25. Impac Mtg ... Read Full Story »
AMD (AMD) has not had much luck competing with larger rival Intel (INTC). Its gross margins have collapsed. It is losing money, and Intel has been taking back customer sales ... Read Full Story »
Chinese search leader Baidu (BIDU) has formed a partnership with the largest Chinese record label to stream music online. For free. Advertising will run on the pages where the music ... Read Full Story »
For more than a decade Microsoft's OS has not only been the company's cash cow, it has been the saber the company has used to cut into strategic markets. The ... Read Full Story »