courtesy of MicrosoftFor reasons that no one understands so far, and may never be clear, the head of Microsoft Corp.’s (NASDAQ: MSFT) Windows division, the company’s flagship, left suddenly without a farewell party or…
thinkstockThe most important story out of Europe today is that Greece has been given an extension to reach its austerity and budget goals. The region’s finance ministers did not have any options. Greece was…
courtesy of TargetTarget Corp. (NYSE: TGT) has announced plans to open its stores for Black Friday sales at 9 p.m. on Thanksgiving, Nov. 22, in an effort to offer extended hours during the holiday…
ThinkstockWe have tracked the key short interest changes in the following biotech and emerging pharma companies: Alexion Pharmaceuticals Inc. (NASDAQ: ALXN), Amgen Inc. (NASDAQ: AMGN), Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Biogen Idec Inc. (NASDAQ:…
thinkstockAs hard as it seems to be to believe, the crisis in Greece continues, and may have gotten worse. The nation’s parliament has voted through an extreme austerity budget that was to be the…
Wikimedia CommonsGoogle Inc.’s (NASDAQ: GOOG) Transparency Report showed a sharp drop in traffic from China. The cause is not known, but it could be that the central government does not want its own people…
ThinkstockThe United States may be the single largest exporter of oil within the next few decades. That is the conclusion of the IEA 2012 World Energy Outlook. The report says: The WEO finds that…
ThinkstockApollo Global Management LLC (NYSE: APO) this morning said it swung to a third-quarter profit from a year-ago net loss as its total assets under management rose 69%. The company also announced a per-share…
ThinkstockVideo game sales have collapsed just as retailers begin to rely on strong holiday sales. Industry research firm NPD reports that in October, U.S. video game retail revenue dropped 25% compared to the same…
ThinkstockThe most widely covered story by the financial press, and perhaps the news media in its entirety, between now and year’s end will be the war between the president and Republicans in Congress about…
courtesy of AppleSina News reports that Foxconn, which makes components for Apple Inc. (NASDAQ: AAPL) products among others, may open a factory in the United States. Among the sites being evaluated are Detroit and…
courtesy of McDonald'sWendy’s Co. (NASDAQ: WEN) this morning said its net loss widened in the third quarter as it paid off debt, but it also doubled its dividend and announced a $100 million share…
thinkstockSiemens A.G. (NYSE: SI) released strong earnings for its fiscal fourth quarter and outlined plans to lower costs by six billion euros by 2014. At its current pace and with strategic plans on expenses,…
Wikimedia CommonsNational Employee Morale Day was celebrated at Boeing Co. (NYSE: BA) yesterday as the company reassigned a number of executives. Buried in the press release about the plans were a number of cost-cutting…
courtesy of SamsungSamsung posted another smartphone milestone, which showed just how much of a threat it is to Apple Inc. (NASDAQ: AAPL). The Samsung Galaxy S III is often described as the only real…
ThinkstockAt its annual analysts conference, AT&T Inc. (NYSE: T) said it plans to invest $14 billion over the next three years for wireless and wired capital improvements. This includes an expansion of 4G LTE…
ThinkstockKraft Foods Group Inc. (NASDAQ: KRFT) said this morning that new products and increased advertising helped it exceed Wall St. expectations. It also stood by its forecast for 2013. The food and beverage company…
ThinkstockAAA’s Daily Fuel Gauge Report has the nationwide average price of a gallon of regular gasoline at $3.462. That is down from $3.521 a week ago and from $3.818 a month ago. A gallon…
thinkstockSpain has cut its growth forecasts again (or rather, experts have), which means it will ask for more time to solve its problems. And its path to a bailout from its neighbors and bond…
ThinkstockIf Hurricane Sandy hurt retail sales and closed businesses through the Mid-Atlantic and Northeast, the problem is about to repeat itself as another storm, albeit a smaller one, approaches. Some economist have said Sandy’s…