Reuters: Obama must decide whether China will be designated a “currency manipulator” before the midterm election. Reuters: Google (NASDAQ: GOOG) shares were up after earnings. Reuters: GM’s IPO should be in mid-November. Reuters: A…
Ted Williams, who some consider baseball’s greatest hitter, was the last player to bat over .400 during a single season (1941). That means Williams got a hit during 40 percent of his at-bats. Surprisingly,…
Bank of America (NYSE: BAC) and Apple Inc. (NASDAQ: AAPL) are a nearly perfect cameo of where the stock market is now, and where it is likely to remain after earnings season. Apple has…
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. AOL (NYSE: AOL) has considered a buy-out of Yahoo! (NASDAQ: YHOO) (WSJ) Walmart (NYSE: WMT) plans a series of small stores in big cities (WSJ) PAI Partners’s planned sale of…
The Brookings Hamilton Project recently pointed out that some of the communities affected by the 1980 to 1982 recession have still recovered. The same is likely to happen to many communities which have been…
Bank repossession of homes passed 100,00 for the first time in September, according to industry research firm RealtyTrac. A record total of 102,134 bank repossessions were reported for the month. If unemployment remains high,…
AirlineFinancials.com estimates the nine largest US airlines, starting next week, will collectively report $2.4 billion in profits from $33.3 billion in revenues. The average net profit margin is 7.2%. Assuming these projections are somewhat…
Wal-Mart (NYSE: WMT) continues to sell a number of products which contain high lead levels and some of these are toys. The same is true about children’s products sold by Target (NYSE: TGT), according…
WSJ: Private equity interests and AOL (NYSE: AOL) may make a bid for Yahoo! (NASDAQ: YHOO). Reuters: RealtyTrac said the number of homes taken by foreclosure topped 100,000 for the first time ever in…
In its third quarter earnings report, Intel Corp. (NASDAQ: INTC) posted better than expected EPS and revenues, but the company had already lowered the bar in August. The chip giant also forecasted fourth quarter…
When MarketWatch recently posted a list of the biggest stock losers so far this year, many investors probably decided to avoid them like the plague. That would have been a mistake. Many investors, including…
Twitter has, by most estimates, 100 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. Blackstone is buying debt stakes in hotels. (WSJ) Clearwire (NASDAQ: CLWR) will try to sell $5 billion in spectrum to raise capital (Bloomberg) Warren Buffett and Henry Kravis are clashing…
Luxury car companies have begun to move down market into the $35,000 range, which is the realm of the more pricey Buicks and Fords. It is easy to see why given the limited market…
The FDIC has begun the process of the creation of a road map to show how massive financial firms should be put to death if they become threats to the global credit system. Presumably…
The use of online video has gone beyond the borders of the extraordinary. According to a new study by comScore, 175 million people watched video online last month. Americans spent 5.2 billion “sessions” on…
Reuters: Geithner says there is no risk of a global currency war. Reuters: Hedge fund investors favor the stock market Reuters: Oil moved above $82 as China crude imports grew. Reuters: Sony (NYSE: SNE)…
The elderly are different than you and me, and it is not just because they are over 65. The habits of older Americans are, in many cases, much different from younger Americans. Older Americans…
Apple Inc (NASDAQ: AAPL) has a new problem with its iPhone 4. The screen on the smartphone is prone to shattering. Warranty firm SqaureTrade claims that the iPhone 4 screen is 82% more likely…