What is a safe haven investment worth? The yield on two-year notes has dropped to near .6%. The drop in global stock markets, and fear of a rise in the financial troubles of Europe,…
Reuters: BP plc (NYSE: BP) shares have recovered as a relief well nears the leak. Reuters: Saudi investors are seeking a 10% to 15% stake in BP. Reuters: Microsoft Corporation (NASDAQ: MSFT) will cut…
Ed Whitacre, the former chairman and CEO of AT&T and current head of GM looks like the Wizard of Oz scarecrow—tall and under-stuffed. Whitacre, however, can afford to buy new straw. He took over…
A thousand dollars or less per person per year in GDP – the consequence of poverty, genocide, years of war, lack of natural resources, poor farm management, and limited access to clean water and health…
Less than a month before the Macondo well blew out and the Deepwater Horizon exploded and sank killing 11 workers, BP plc (NYSE:BP) had filed a document with federal regulators claiming that the company…
Heavy losses were sustained in three Tickerspy indexes over the last 30-day period. This month’s biggest index losers are in radio, Chinese advertising, and cancer treatment stocks. Radio stocks are down 15.2% in the past…
“The NMI (Non-Manufacturing Index) registered 53.8 percent in June, 1.6 percentage points lower than the 55.4 percent registered in May, indicating continued growth in the non-manufacturing sector, but at a slightly slower rate, ISM…
Updated throughout the day. BP plc (NYSE: BP) has approached sovereign funds about investing capital to keep other oil companies from attempting to take it over (Reuters) News Corp (NYSE: NWS) is in talks…
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…
Second quarter earnings are set, at least for those firms on a calendar year. The period was fairly strong economically, except perhaps for June. That means that some earnings could come in weaker than…
It is old news that states and municipalities face deficits not only in their budgets but also in their pensions. The pension issue could become a crisis in a few years as these funds…
Print has won at least one victory over the e-readers including the Amazon.com (NASDAQ: AMZN) Kindle and Apple Inc. (NASDAQ: AAPL) iPad. Readers can read printed content more quickly than material downloaded to electronic…
The demand for capital by large nations has not begun to squeeze corporate borrowers out of the market, but it may soon. Companies will have to gird themselves for a time when their access…
Lake Pontchartrain, home to a fragile ecosystem, has begun to see the effects of the oil leak in the Gulf. The lake has already been ravaged by Hurricane Katrina. The presence of oil in…
MarketWatch: Goldman Sachs Group (NYSE: GS) was upped to overweight at JPM. Reuters: Large shareholders of BP plc (NYSE: BP) were against the oil company raising a large sum of capital by issuing new…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
BP plc (NYSE: BP) got two piece of news today, one much better than the other. The Wall Street Journal reports that the oil company has probably brought in $9 billion in financing, about…
King Abdullah of Saudi Arabia has reportedly called for a halt to exploring for more oil in the country that already claims the world’s largest deposits of crude. The Saudis claim to have recoverable…
“The Twilight Sage: Eclipse” has grossed $161.2 million since Wednesday, a breathtaking amount, even for a vampire movie. “That’s one of the biggest five-day debuts in Hollywood history, previously surpassed by just a handful…
China’s car sales increases slowed very sharply in June, up only 10% compared to the same month last year, according to the China Automotive Technology & Research Center. The news comes four days after…