Year: <span>2012</span>

Articles

Source: ThinkstockThe Chicago Purchasing Managers Index (PMI) (also called the Business Barometer) for the month of December rose from 50.4 in November to 51.6, the third consecutive monthly...
Source: courtesy Barnes & Noble Inc.U.K.-based media giant Pearson PLC (NYSE: PSO) has made a “strategic investment” of $89.5 million in cash in Nook Media LLC, a joint venture between Barnes...
Source: ThinkstockIn a filing yesterday with the Securities and Exchange Commission, United Continental Holdings Inc. (NYSE: UAL) said it expects its consolidated available seat miles (ASMs) to drop...
Source: ThinkstockNegotiations have failed between the International Longshoremen’s Association and the U.S. Maritime Alliance, raising the threat of a longshoreman’s strike against U.S. ports on...
Source: ThinkstockThe oil and gas industry increased its mergers and acquisitions deals in 2012 by 38% over 2011, according to Dealogic. M&A activity totaled $348 billion in 2012, the industry’s...
Source: ThinkstockTwo days ago, a mining company named Southridge Enterprises Inc. (SRGE) issued a press release announcing a joint venture with gold miner Kinross Gold Corp. (NYSE: KGC). Only thing...
Source: Frank Golhen, via Wikimedia CommonsOnly a few days remain for the U.S. markets to sell off because of fiscal cliff worries. There are actually just two. Volume will be light because so many...
Source: ThinkstockApple Inc. (NASDAQ: AAPL) was hit with a copyright penalty in China. The Xinhua news agency reports:A Beijing court ruled against Apple Inc. in a copyright dispute on Thursday,...
Source: ThinkstockIt may not seem like much, but France’s INSEE reported that third-quarter gross domestic product was higher by 0.1%, not the 0.2% preliminary number. GDP contracted in the second...
One would think that Newtown and a slew of other gun-related killings recently would turn the public sharply against gun ownership and toward gun control. Apparently, that is not the case, at least...
Source: ThinkstockCalifornia, Connecticut, Illinois, Michigan, Nevada, New Jersey, North Carolina and Rhode Island have 23% of the U.S. population. Each also has an unemployment rate above 8.6% in...
Source: courtesy Best Buy Co. Inc.Some of the news about holiday sales at deeply troubled retailers Best Buy Co. Inc. (NYSE: BBY) and J.C. Penney Co. Inc. (NYSE: JCP) has been better than expected....
Source: courtesy of Google Inc.Shaky Year-End MarketsOnly a few days remain for the U.S. markets to sell off because of fiscal cliff worries. There are actually just two. Volume will be light because...
Source: courtesy of Facebook Inc.The yen reaches a two-year low on worries about the Japanese economy and hopes of a budget resolution by Congress. (Reuters)Tim Cook, CEO of Apple (NASDAQ: AAPL),...
24/7 Wall St. has compiled an outlook from many sectors and for many indexes for 2013. Most strategists and economists are calling for upside. However, the fiscal cliff remains an issue in the final...