It is like fighting an army with a pea-shooter. Microsoft (MSFT) is changing the subscription model for its Apple (AAPL) iPod knock-off, the Zune. According to Reuters, MSFT "announced a new music subscription plan…
GE (GE) has guts. And, that may be what it takes to keep the company’s revenue and earnings growing. It is preparing to lend money to more and more customers who want to buy…
It used to be a pretty good deal to work at a large US company for several decades and then retire with a pension and health benefits. A lot of that part of the…
A quick look at bank stocks would indicate that Wall St. is not terribly impressed with the Paulson $700 billion bailout plan. Citigroup (C), the whipping boy of the group, may be at a…
According to Reuters, Japan exports hit their lowest level since 2002. Reuters writes that hopes for an auto bailout in this session of Congress are poor. Reuters reports that the US is looking into…
Markets in Asia fell sharply. The Nikkei was off 6.9% to 7,703. Canon and Mitsubishi UFJ Financial took huge losses. The Hang Seng fell 4.2% to 12,279. The Shanghai Composite was off 1.7% to…
The market is treating Citigroup (C) as if it knows something about the bank’s near-term fortunes and that something is not good. Shares in the bank have been off 21% to $6.60. What is…
The FOMC Minutes from the late October 2008 meeting are out, and as you can imagine it is far more somber than any minutes in recent years. The worse thing is that the projections…
Steve Ballmer is presenting data today at the Microsoft (NASDAQ: MSFT) annual shareholder meeting. Ballmer has said that he essentially wants no part of a Yahoo! (NASDAQ: YHOO) merger. It said that those acquisition…
TheStreet.com’s (TSCM) share price is down far enough that the company’s management must be giving some consideration to taking Cramer & Co. private. At $3 a share, the stock is down from a 52-week…
Margin calls from corporate insiders to pay personal obligations are still coming, although last week’s pace into this week does not look as severe as in prior periods we have covered. We have seen…
Grand Canyon Education is apparently still coming public. But what is interesting is that the company has had to lower its price twice to get the deal done. The company has cut its initial…
BJ’s Wholesale Club Inc. (NYSE: BJ) appears to be one of the few standouts in retail right now. How many companies are in retail are beating already-raised guidance and still raising forecasts ahead? The…
If stock market sentiment is any indication of whether The Big Three will get federal bailout loans before they run into solvency problems, then the world looks terribly grim. GM (GM) made a new…
Enterprise Products Partners LP (NYSE:EPD), a pipeline master limited partnership, increased its credit facilities by $593 million yesterday. The company obtained a $375 million senior revolving credit facility and a $218 billion senior term…