Heavy losses were sustained in three Tickerspy indexes over the last 30-day period. This month’s biggest index losers are in home furnishing retailers, homebuilders, and surety and title insurance stocks. Home furnishing retailer stocks are…
In mid-January Google Inc. (NASDAQ:GOOG) first revealed that it may shut down its Google.cn search engine due to censorship from the Chinese government. In March, Google settled on re-directing search requests to Google.hk, where…
Consumer confidence plunged in June according to The Conference Board. “The Consumer Confidence Index, which had been on the rise for three consecutive months, declined sharply in June. The Index now stands at 52.9…
The Case-Schiller Home Price Indices which measures house values in the top 10 and top 20 US markets, showed a very modest increase from the depths of the housing crisis last year. The 10-city…
Updated throughout the day. “Deutsche Bank AG, Commerzbank AG and Bayerische Landesbank passed a stress test that evaluated how about 25 European lenders would weather an economic downturn, said three people familiar with the…
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…
Domestic car sales are expected to move into reverse in June. That should be expected after a year of monthly increases–some of them breathtaking. Edmunds expects every major car company to post declines with…
Greek unions stages another series of strikes over austerity plans. It leads to the question of whether labor slowdowns will cut GDP by harming tourism and other key industries. If so, expense cutback by…
Law firm Kershaw, Cutter & Ratinoff is at work lining up plaintiffs for a suit against Apple Inc. (NASDAQ: AAPL) over the alledged antenna problems on its iPhone 4. The firm put out the…
Tropical storm Alex may become a hurricane in the next 24 to 48 hours. Its most likely path is to hit land near the Texas-Mexico border. Alex may send gale force winds and waves…
“Never give a sucker and even break; never wise up a chump” — WC Fields Facebook does not need anymore investment capital. It has raised several hundreds million in the last year. The company…
Danone plans to make money selling 10 cent yogurt in places where people have less than $1 a day to spend on food. The price of some Danone products will be 7 cents in…
Telsa’s IPO priced at $17, above the anticipated range of $14 to $16. The company sold 3.3 million shares and raised $226 million. The IPO was the first for a US car company since…
Reuters: The financial reform bill may be delayed until mid-July. Reuters: The storm in the Gulf may delay oil clean-up. Reuters: Oil fell to $77. Reuters: Baidu Inc (NASDAQ: BIDU) will hire US engineers…
24/7 Wall St. decided to find the most productive countries in the world. The challenge of creating this list could be framed in a number of ways, including selecting a source for the data…
By John Hudson West Virginia Senator Robert Byrd died Monday at 92. He was an outspoken proponent of legislative power and served in the Senate for 51 years, longer than anyone else in American…
The Bank for International Settlements made two observations in its 8oth Annual Report. One made sense. The basis for the second is a mystery. Much like the declaration of the G-20 nations, the BIS…
Updated throughout the day. Foursquare is close to raising money for expansion (WSJ) The owners of British coal miner Scottish Resources Group are seeking to bank more than £200 million (Reuters) Douglas A. McIntyre…
Analysts wondered if Apple Inc had sold 1 million iPhones on its first day on sales. Probably so, because the company has announced that it sold 1.7 million units in the first three days…
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…