Barclays raised Ford (NYSE: F) to “overweight” from “equal weight” with a $16 target. Credit Suisse upgraded NetFlix (NASDAQ: NFLX) to “neutral” from “underperform” Morgan Stanley downgraded BT Group from “overweight” to “equal weight”…
Greece will never default on its sovereign debt. That is, at least what Greece’s finance minister George Papaconstantinou says. His argument has less to do with his nation’s precarious situation than with his belief…
The attitude among American when it has come to owning a home has changed radially, according to Fannie Mae. “A majority of Americans (67 percent) continue to believe that buying a home is a…
Research In Motion (NASDAQ: RIMM) is no longer the major challenge to the sales of Apple Inc (NASDAQ: AAPL) iPhone. Google Inc. (NASDAQ: GOOG) Android-powered smartphones are. New data from comScore show that Android…
Sales of Microsoft’s (NASDAQ: MSFT)new “Halo: Reach” video game reached $200 million on the first day it was available. The world’s largest software company expects sales of the game to help push the launch…
Home foreclosures remained high again in August, as might have been expected given recent news on home prices and housing sales. According to RealtyTrac, foreclosure actions were reported on 338,836 properties in August, a…
Reuters: Japan says it is ready to move into the forex market to support the yen. Reuters: George Soros says that China was the big winner coming out of the recession. Reuters: The Senate…
The cost of living in America has gone up about fifteen fold since the Declaration of Independence was signed in 1776. Of course, not all prices have risen at the same rate. The value…
As the world economy entered its worst decline since the Great Depression, corporations were less interested in innovating. Now, as the economy begins to recovers U.S. corporations are in danger of being eclipsed…
The Chase e-commerce website, chase.com, is shut down completely again “Due to scheduled system maintenance out site is temporarily unavailable. Please try again later”–www.chase.com. After a short period when the site was available earlier…
The Chase.com website is still down off-and-on, probably due to a huge influx of traffic created by the demand of customers who want access to their accounts after a one-day outage of the bank’s…
The Mortgage Bankers Association released its Weekly Mortgage Applications Survey for the week ending September 10, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 8.9% on a seasonally adjusted…
In new ads recently posted on YouTube which may make it to TV, Amazon.com (NASDAQ: AMZN) has savaged the Apple (NASDAQ: AAPL) iPad based both on price and the trouble users have seeing its…
Customer satisfaction among travelers who fly on low-cost carriers is substantially higher than for people who use traditional airlines. JetBlue (NASDAQ: JBLU) tops a recent evaluation of service among carriers and US Airways (NYSE:…
The Obama Administration has hoped to avoid an attempt by Congress to seize the ability to negotiate with China on the value of the yuan. It has almost always been the province of the…
Many investors in sovereign debt and euro zone nations which put up hundreds of billions of dollars are anxious to see if Greek moves toward default on its national paper. A number of investment…
Reuters: Japan intervened to cap the yen for the first time in six years. Reuters: Business sentiment in Asia slipped for the third quarter period. Reuters: Gold remained near a record high. Reuters: A…
Many smartphone owners download apps but do not use them, like the car buyer who asks for adjustable sets but never uses the settings. The Pew Internet Project says that 35% of Americans who…
WPP Plc. (WPP:LN) Chief Executive Martin Sorrell has mastered the art of telling people what they want to hear. Last month, the head of the world’s largest advertising firm spooked investors when he spoke…
American International Group Inc. (NYSE:AIG) didn’t think its plan to escape from Uncle Sam’s clutches all the way through. According to the Wall Street Journal, ” … the Treasury Department is likely to convert…