ThinkstockHalliburton Co. (NYSE: HAL) reported second-quarter 2013 results before markets opened this morning. The oil and gas services company posted adjusted diluted earnings per share (EPS) of $0.73 on revenues of $7.32 billion. In…
The standoff over the future ownership of Dell Inc., with Carl Icahn and his allies on the one side and Michael Dell and his on the other, has failed to yield any large increase…
ThinkstockAdd another ominous sign to the current and probably near-term future of the U.S. economy. A string of data about the level of confidence among companies in the private sector, which appeared strong from the early part…
courtesy of Apple Inc.Apple Inc.’s (NASDAQ: AAPL) developers site was taken down by another in a long series of hacks of corporate and government websites. If any company ought to have the ability to protect its…
The Joint G20 Finance and Labour Ministers’ Meeting gathered in Russia recently. The most important statement by the group indicated that first among the priorities of the G20 is new stimulus programs aimed at taming…
Brian Solis, via Wikimedia CommonsNo less a person than Biz Stone, a founder of Twitter, suggested that one of the ways to revive faltering Facebook Inc. (NASDAQ: FB) is to offer an advertising-free version…
ThinkstockGeneral Electric Co.’s (NYSE: GE) new earnings were treated with great enthusiasm, which pushed its stock higher by almost 5% in one day. Management and the board, however, must be haunted by the fact that, since…
ThinkstockGeneral Motors Co. (NYSE: GM) CEO Dan Akerson has not been the company’s leader long enough to speak with any authority about the history of the auto industry. Already considered naïve in many quarters for his…
ThinkstockAlmost every major bank has released earnings for the second quarter. Unfortunately, despite the fact that most beat expectations, none has rallied much beyond the improvement in the S&P — at least as measured…
ThinkstockIn the world to tech, there is old tech, current tech and future tech. Old tech got spanked this week, as Microsoft Corp. (NASDAQ: MSFT) proved that its Windows PC business continues to struggle…
ThinkstockOn Thursday, the city of Detroit filed for Chapter 9 bankruptcy protection. The total value of the city’s outstanding obligations are estimated at more than $18 billion. This makes the filing easily the largest…
July 19, 2013: U.S. equity markets opened lower this morning following earnings reports from some major tech companies after markets closed last night. The Detroit municipal bankruptcy, though expected, weighed on sentiment today. The…
The DJIA and S&P 500 Index are in the midst of earnings season, and despite choppy earnings and sales figures the stock market just keeps rallying higher and higher. Friday’s mixed results do not…
For the second year in a row, 24/7 Wall St. has identified America’s worst companies to work for. While company management can improve employee satisfaction, most of the companies on our list continue to…
ThinkstockStephen A. Cohen, the founder and owner of SAC Capital Advisors LLC, has been charged by the U.S. Securities and Exchange Commission (SEC) with “failing reasonably to supervise two of his senior employees, who…