White House Photo by Pete SouzaWarren Buffett’s Berkshire Hathaway (NYSE: BRK-A) has acquired the beverage dispensing and merchandising businesses of IMI for $1.1 billion. The U.K.-based engineering firm says it will use the funds…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 0.3% in the group’s seasonally adjusted composite index, following a rise of 1.3% for the previous…
courtesy of Apple Inc.The Wall Street Journal and Reuters believe they have discovered some negative news about Apple Inc. (NASDAQ: AAPL). Like many rumors reported by the press, the accounts could be completely wrong,…
Wikimedia CommonsThe three headlines about Intel Corp.’s (NASDAQ: INTC) earnings indicated that the numbers were fine, the forecast lackluster and a critical new chip product will be delayed. Much less was said about Intel’s lack of…
courtesy of OracleA new article in The Wall Street Journal that describes proxy adviser objections to Oracle Corp. (NASDAQ: ORCL) CEO Larry Ellison’s pay follows months of uproar about his compensation. He made $78.4…
ThinkstockChocolate is big business, and Halloween is its biggest holiday. According to a recent survey from the National Confectioners Association, 72% of all candy spending this Halloween will be on chocolate. Last year, more…
ThinkstockThe seemingly never-ending story of negotiations to end the Washington stalemate over the looming debt ceiling took a few more unexpected turns this after. First, the U.S. House cancelled a hastily-scheduled vote on a…
Frank Golhen, via Wikimedia CommonsIn the midst of the start of earnings season and in the midst of a Fitch credit ratings warning to the United States, a key decision has been made by the company which…
Fitch Ratings has just told the lawmakers and policymakers in Washington D.C. to get their act together. The ratings agency had previously been a supporter of the AAA credit ratings of the United States,…
courtesy of Yahoo!Yahoo! Inc. (NASDAQ: YHOO) reported fiscal third quarter 2013 results after markets closed Tuesday afternoon. The Internet portal company reported quarterly adjusted diluted earnings per share (EPS) of $0.34 on revenue of…
courtesy Making Change at Walmart and UFCWWhen you are running Wal-Mart Stores Inc. (NYSE: WMT) it must be frustrating about how hard it is to grow this company much further. There are many nations…
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) reported its third quarter earnings on Tuesday after the market close, and the set-up for earnings was that the sales would be dragged lower by a lack of PC…
October 15, 2013: U.S. markets opened lower Tuesday morning and all managed to poke their noses above the break-even line before sliding back into negative territory where they closed out the day. A report…
Potbelly Corporation (NASDAQ: PBPB) was among the hottest of the hot IPOs of 2013 when you count first day gains as a public company. The problem is that the sandwich chain became too hot…
ThinkstockFireEye, Inc. (NASDAQ: FEYE) and Rocket Fuel Inc. (NASDAQ: FUEL) have now passed their analyst and underwriter IPO quiet periods. Both were smoking hot initial public offerings, and in fact were so hot that…