One fairly short press release from Occidental Petroleum Corp. (NYSE: OXY) announces some big changes to the company’s asset base. Oxy has agreed to sell its oil and gas operations in Argentina to China…
By Douglas A. McIntyre A look at the most expensive gifts sold by twelve retailers including Tiffany (NYSE: TIF), Target (NYSE: TGT), Abercrombie & Fitch (NYSE: ANF), Apple (NYSE: AAPL, and Best Buy (NYSE:…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of DryShips Inc. (NASDAQ: DRYS), Fuel Systems Solutions Inc. (NASDAQ: FSYS), Netflix Inc. (NASDAQ: NFLX), and Pacific…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Updated throughout the day. Apple (NASDAQ: AAPL) will release a new iPad with two cameras (various) China’s largest social network, Oak Pacific International, will have an IPO (Reuters) The FAA will increase inspections of…
China’s exports and imports rose more than expected in November, continuing a string of overachievement by the world’s second largest economy. Exports were up 35% from the same month last year. Imports rose 38%.…
OPEC meets this weekend. Output from the members of the cartel is about a third the world’s total which means these nations account for about 29 million barrels a day. OPEC ministers say they…
This year’s recall of certain types of Tylenol and Motrin by Johnson & Johnson (NYSE: JNJ), which began in January, brought back memories of the 1982 Tylenol recall. It affected as many as 21…
Want further proof of the reluctance of companies to hire? Well, here it is, or maybe not. Data released yesterday from The Federal Reserve showed that U.S. nonfinancial companies held $1.93 trillion in cash…
The new Apple (NASDAQ: AAPL) iPad may have front and back cameras. (Reuters) Strength in the Chinese economy pushed crude back above $89. (Reuters) The strength of China’s trade may cause a rise in…
Americans are so mad about the economy that they can’t think straight, if two recent Bloomberg News of polls of 1,000 people are any indication. In one survey, more than half of respondents said…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of American Capital Agency Corp. (NASDAQ: AGNC), ASML Holding (NASDAQ: ASML), Lululemon Athletica (NASDAQ:…
The aggregate value of homes in the United States will drop $1.7 trillion this year after a drop of $1 trillion in 2009. That data comes from a report from real estate research firm…
Updated throughout the day. MasterCard (NYSE: MA) will buy Travelex (Reuters) Morgan Stanley (NYSE: MS) will sharply cut management pay (WSJ) Google (NASDAQ: GOOG) did not complete a buy-out of Groupon due to a…
China’s November car sales hit a one-month record. Total cars and light vehicles shipped to dealers reached 1.34 million, up 29% from the same month last year. Sales for the first eleven months of…
Senator Tom Coburn of Oklahoma told the FT that new tax cuts, an extension of Bush programs, will send the capital markets a simple message: America does not care about its deficit. Americans only…
Meet the Nine Worst Performers Of The S&P 500, the broadly followed stock market index, that analysts expect will improve next year. The reasons why they are in the Wall Street dog house may be…
Seventeen billionaires including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz have agreed to pledge most of their money to charity. (www.thegivingpledge.org) (Reuters) WikiLeaks supporters shut down the MasterCard (NYSE: MA) and Visa (NYSE V) websites. (Reuters)…
There has been just as much written about e-commerce as there is about bricks-and-mortar sales this holiday season, if a quick read of online business sites and financial publications is any indication E-commerce revenue…