ThinkstockThe viability of SAC Capital Advisors as a large hedge operations was undercut by evidence that probably will show more traces of illegal behavior at the firm. Clients supposedly have started to pull out money…
ThinkstockAnheuser-Busch InBev N.V. (NYSE: BUD) may yet buy Mexican brewer Grupo Modelo, despite early resistance from the U.S. Department of Justice. To close a transaction, the larger company probably will offer terms that DOJ will find more…
courtesy of Time WarnerIf most of Time Inc., the world’s largest and most famous magazine publisher, may be sold, then so can any other pillar of old media. Rumors are that relatively tiny media…
ThinkstockRecessions are defined by most experts as two quarters of contraction of gross domestic product. Deep problems with national economic situations cannot be described quite as simply. Japanese GDP data just released showed that the…
wikimedia commonsForeclosure trends have continued to improve for homeowners with troubled loans, another sign that housing has begun to mend. Most recent information on the market that has been crippled since 2006 show things have started…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) founder Richard Schulze set an agreement with the troubled retailer’s board in August that would allow him to examine its financials with the goal of an…
TheDapperDan via Wikimedia CommonsEuropean Recession As if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the euro…
Outerwall Inc.The German and French economies contracted in the final three months of 2012. (Reuters) The merger of American Airlines and U.S. Airways Group Inc. (NYSE: LCC) is approved by each company’s board. (Reuters)…
ThinkstockEconomic data issued by the Japanese government proved what many economists have feared. Japan, the world’s third largest nation by GDP, has gone into a recession, joining the largest area by GDP-the Eurozone. Add this to America, where…
ThinkstockWhole Foods Market Inc. (NASDAQ: WFM) may be a great company at selling great products at a premium, and it may be able to have far higher margins that traditional grocery stores. Now it appears…
ThinkstockApplied Materials Inc. (NASDAQ: AMAT) reported first quarter fiscal 2013 results after markets closed today. For the quarter, the semiconductor equipment maker posted adjusted earnings per share (EPS) of $0.06 on revenues of $1.57…
courtesy of Cisco SystemsCisco Systems Inc. (NASDAQ: CSCO) is out with its quarterly earnings report. The technology and communications equipment giant reported earnings of $0.51 EPS and $12.1 billion in revenue. The Thomson Reuters…
U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than expected in December (more…
courtesy Best Buy Co. Inc.Shares of Best Buy Co. Inc. (NYSE: BBY) have just dropped right before the closing bell. The word is out that founder Richard Schulze is considering alternatives to a formal…
courtesy of Groupon Inc.Groupon Inc. (NASDAQ: GRPN) is a troubled company under questionable leadership where IPO investors have been crushed. Long gone are the days of a $6 billion or $7 billion buyout offer…