courtesy of AOL, IncSamsung’s profits reach $8.3 billion, much of it due to the success of its Galaxy product line. (Reuters) Intel Corp. (NASDAQ: INTC) launches a series of low-powered chips for thin PCs…
ThinkstockA Brazilian oil and gas player has filed to come public in the United States. The company is called QGOG Constellation S.A., and it calls itself a market leading Brazilian-controlled provider of offshore and onshore…
ThinkstockRetailers employed additional 728,300 workers between October 1st and December 31st of the past holiday season according to a report from consulting firm Challenger, Gray & Christmas. The outplacement firm based its total on…
U.S. equity markets opened lower this morning as investors seem to have reined in the enthusiasm that kicked off the new year. There was little new data out today, so markets followed the news.…
courtesy Boeing Co.A 787 Dreamliner from Boeing Co. (NYSE: BA) and owned by Japan Airlines apparently caught fire after landing at Boston’s Logan International Airport earlier today. A mechanic inspecting the plane after it…
ThinkstockThe Conference Board has released two more bits of data which may seem confusing compared to last week’s employment report from the Labor Department. The U.S. added only 155,000 payrolls in December and the…
courtesy of MicrosoftMicrosoft Corporation (NASDAQ: MSFT) was supposed to have a big game-changer on its hands with Windows 8. Maybe you can blame Apple Inc. (NASDAQ: AAPL) or maybe you can blame the economic…
courtesy of Apple Inc.In the month of December, Apple Inc.’s (NASDAQ: AAPL) App Store recorded more than 2 billion downloads, slightly more than 10% of 2012 downloads totalling nearly 20 billion. Since the App…
ThinkstockCelgene Corporation (NASDAQ: CELG) has issued some long-term guidance which appears to be at the high-end of its previous range. The move is taking shares higher, but not just higher with a small gain…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related to “deficient practices in…
ThinkstockWhat on earth is happening in shares of Alcatel-Lucent SA (NYSE: ALU)? This ADR keeps running higher and higher despite a weak expectation. It was as recently as November that this was a penny…
ThinkstockThe government of Iran has long held that the U.S. and European sanctions being imposed on the country have had little impact on the Iranian economy. But in a report to the country’s parliament,…
ThinkstockBy John C.K. Daly of Oilprice.com China is the world’s largest coal producer and consumer and currently accounts for about half of the global coal consumption. The U.S. Energy Information Agency noted in its 2012 country…
The stock market is down Monday, with the Dow Jones Industrial Average down 0.42%, the Nasdaq down 0.18% and the S&P 500 down 0.43%. Today’s winners include a pharmaceutical providing a positive update to…
ThinkstockAll the attention paid to avoiding the fiscal cliff may have obscured an even more important legislative failure. Congress did not act to raise the U.S. debt ceiling by the end of 2012, and,…