Day: <span>November 2, 2011</span>

Human Genome Sciences Inc. (NASDAQ: HGSI) is raising capital.  The company announced the sale of $400 million in Convertible Senior Notes which will mature in 2018. These notes are convertible into...
Sirius XM Radio Inc. (NASDAQ: SIRI) has gone off the steadily climbing share price trajectory.  We argued before that Sirius in many cases may now be tied to Ford Motor Co. (NYSE: F) and General...
Germany’s PMI contracts. Germany’s PMI contracted for the first time since September 2009, and to the lowest level since July 2009 — in the midst of the recession. This signals that the...
MF Global Holdings (NYSE: MF) became the first U.S. casualty of the European sovereign debt crisis, filing for Chapter 11 bankruptcy on Monday. Chairman and chief executive Jon Corzine has yet to...
HTC, the Taiwan-based smartphone company, was barely known in the U.S. three years ago. It is now the number one manufacturer of the devices sold in America because of its clever adoption of the...
George Papandreou convinces the Greek cabinet of the virtues of a national referendum on budget cuts, but he now faces the leaders of France and Germany. (Reuters)The FBI may investigate the fall of...
Sony (NYSE: SNE) has made another in a long line of disappointing announcements about earnings. This one should cost chairman and CEO Sir Howard Stringer his job. He has been a failure as chief...
The regions of the U.S. in which painkiller use is extremely high also tend to be the poorest sections of the nation. Some of the reasons for this are not hard to fathom. Painkillers can be...
The rampant growth and subsequent collapse of the U.S. housing market has had far-reaching consequences that are still felt today. In some cities houses lost more than 60% of their value, decimating...