ThinkstockItaly’s gridlocked national election causes markets around the world to fall. (Reuters) Goldman Sachs Group Inc. (NYSE: GS) will cut more jobs. (Reuters) Samsung’s wide use of Google Inc.’s (NASDAQ: GOOG) Android OS could…
ThinkstockApollo Group Inc. (NASDAQ: APOL) is showing some more negative news in the fields of online education and for-profit education. The company submitted and SEC filing on Monday showing that its University of Phoenix…
ThinkstockVIVUS Inc. (NASDAQ: VVUS) reported a quarterly loss of $0.56 per share on Monday, but this was not an earnings story. VIVUS remains a developing story about its obesity drug Qsymia. Its revenue came…
Hewlett-Packard Co. (NYSE: HPQ) wants back into the tablet market, an effort that the company previously jettisoned under prior misguided leadership. What is so different about this effort here is that the move is…
ThinkstockNatural gas producers Chesapeake Energy Corp. (NYSE: CHK) and Encana Corp. (NYSE: ECA) are the targets of a federal civil suit by Northstar Energy, a Michigan oil and gas field developer, for colluding to…
U.S. equity markets opened higher this morning as they awaited results from the Italian elections. Early exit polls had the center-left party of Pier Luigi Bersani in the lead, but as returns came in,…
ThinkstockWhat happens when you put a vote out to the people about whether or not their benefits and public spending should be cut to appeal to international creditors? If you believe in game theory, chances…
ThinkstockIf you have read 24/7 Wall St. for a while, you know that we love to cover popular topics and the financial numbers behind them. This is from demographic trends, economic trends, tax issues or key issues…
courtesy of General MotorsIn December 2012, new car and light truck sales in the U.S. came in at a seasonally adjusted annual rate of about 15.4 million units sold. According to TrueCar.com, forecast sales…
courtesy of SamsungAccording to a recent survey from Nielsen, mobile phone penetration in nine countries — five developed countries and the four BRICs — is above 80% in all nine. South Korea leads with…
ThinkstockDaniel J. Graeber of Oilprice.com Russian oil producer Rosneft said it was considering sending more oil to the energy-hungry Chinese economy. The world’s No. 2 oil exporter, after Saudi Arabia, already sends about 300,000…
courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) has enjoyed one hefty and substantial bounce now that online gambling is being approved and expanded in Nevada. Perhaps that should say “legal online gambling.” The question is…
ThinkstockMost media and analysts of Congress and the White House believe that budget cuts set to go into effect on March 1 will hurt the economy. Tens of thousand of government workers will have…
ThinkstockDynavax Technologies Corp. (NASDAQ: DVAX) was a small cap stock even before today’s news, but a complete response letter from U.S. Food and Drug Administration (FDA) has taken more than $120 million in shareholder…
ThinkstockWe noted last Friday the impact on some stocks following Nevada’s enactment of legislation permitting online gambling in the state. Now a state with just 3 million people is not likely to pile up…