ThinkstockAnheuser-Busch InBev Hits Roadblock The maker of the “The King of Beers” will not be expanding its kingdom. Anheuser-Busch InBev S.A./N.V. (NYSE: BUD), itself a creation of a merger, probably will be blocked from buying Grupo…
courtesy Best Buy Co. Inc.The management of Best Buy Co. Inc. (NYSE: BBY) finally has come to its senses — at least in part. The retailer will close 15 of its large stores in Canada.…
ThinkstockThe NACUBO-Commonfund Study of Endowments, which covers returns on university funds at 831 institutions of higher education for the fiscal year that ended in June, showed that Harvard, which has the largest fund at $30.4 billion,…
courtesy of Apple Inc.Apple Inc.’s (NASDAQ: AAPL) business is either falling apart or it is not. It is losing market share to Samsung or it is not. Its new products are either innovative or…
thinkstockPMI data from Asia shows the slowing of economies there. (Reuters) A private equity buyout of Dell Inc. (NASDAQ: DELL) may be only week away. (Reuters) The cost of beef has squeezed McDonald’s Corp.’s…
Thinkstock The United States has always prided itself as one of the most innovative countries in the world. In fact, patenting in a wide range of scientific fields has been on the rise in…
ThinkstockChina’s temporary return to wild growth reversed itself, as evidence showed once again that its economy cannot be decoupled from the rest of the world. Whatever effects of the global recession might linger around…
ThinkstockThe U.S. Department of Agriculture reported today that January agricultural product prices received by farmers rose 9% in January compared with December prices. Prices were 15% higher than in January 2012. The prices paid…
ThinkstockWynn Resorts Ltd. (NASDAQ: WYNN) reported fourth quarter and full year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS) of $1.17…
U.S. equity markets opened lower this morning following a mixed bag of data on the U.S. economy and mixed earnings results out this morning. In Europe, Germany’s retail sales fell sharply this month, but…
Jon OggBill Gross of PIMCO, aka the Bond King, probably got tired of having to fade the heat after his call about the death of the cult of equity. Bill Gross has been rather…
ThinkstockThe biotech sector is full of companies which will have great wins and horrible flops. The latter is the case today for Celsion (NASDAQ: CLSN). In fact, if you just look at the stock…
ThinkstockIntellectual property firm Vringo Inc. (NYSEMKT: VRNG) announced this morning that a wholly owned subsidiary, I/P Engine, had filed a patent infringement lawsuit against Microsoft Corp. (NASDAQ: MSFT) alleging that the software giant had…
Courtesy Research in Motion Ltd.With only a couple of exceptions, analysts covering Research In Motion Ltd. (NASDAQ: RIMM) maintained their ratings on the company’s stock until after RIM launched its new BlackBerry 10 operating…
ThinkstockThe World Gold Council has issued its new report for 2013 and reviewing 2012 on gold, and it offers some great and perhaps stunning insight if you read through the reports and consider some of…