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…
Stocks moving up in the pre-market: Netlist (NASDAQ: NLST), Jazz Pharmaceuticals (NASDAQ: JAZZ), Hercules Offshore (NASDAQ: HERO), Clearwire (NASDAQ: CLWR), Ericsson (NASDAQ: ERIC), and DryShips (NASDAQ: DRYS) Moving down:
BP plc (NYSE: BP) was downgraded by Fitch. JPM Securites downgrades Eli Lilly (NYSE: ELY) to market perform. Rosetta Resources (NASDAQ: ROSE) downgraded to neutral by SunTrust Callaway (NYSE: ELI) downgraded to market perform…
24/7 Wall St. has created a new list of brands that will disappear, which includes Readers Digest, Kia Motors, Dollar Thrifty (NYSE: DTG), Zale (NYSE: ZLC), Blockbuster (NYSE: BBI), T-Mobile, BP plc (NYSE: BP),…
China’s Premier Wen Jiabao says that workers should be treated better. Jiabao’s comments come in light of a series of strikes at Honda Motor (NYSE: HMC) plants and supplier facilities. He should be careful…
People who want to order the new iPhone from Apple Inc.’s (NASDAQ: AAPL) online store can do so now, as long as they are willing to get the phone with a black finish. No…
Many of China’s banks and financial regulators are concerned that real estate prices in the People’s Republic are too high. This is not a new assertion. Investor and analysts around the world have been…
BP plc (NYSE: BP) faces what may be the hardest decision in its history. The U.S. government has supposedly asked for a $20 billion escrow fund to cover clean-up costs and other liabilities stemming…
Reuters: Credit agencies may not be badly damaged in the financial reform bill. Reuters: Moody’s (NYSE: MCO) cut Greece’s rating to junk. Reuters: The euro dropped on profit taking. Reuters: Oil moved above $75.
Rumors have begun to circulate that Research In Motion (NASDAQ: RIMM) will launch a new BlackBerry and a tablet PC to compete with Apple Inc.’s (NASDAQ: AAPL) iPad and iPhone. According to The Wall…
Faced with unrelenting pressure to show that it can fix the Deepwater Horizon rig wreck oil leak, BP plc (NYSE: BP) has written Rear Admiral James Watson of the Coast Guard outlining aggressive plans…
The House Committee on Energy and Commerce has sent a letter to BP plc (NYSE: BP) CEO Tony Hayward questioning the actions of the company and some of its employees before the explosion on…
Starbucks (NASDAQ: SBUX), following in the footsteps of McDonald’s (NYSE: MCD) and most small municipal libraries, will begin to offer free WiFi beginning July 1. No reason for the delay was given.
Moody’s downgraded Greek debt to junk. Moody’s Investors Service has today downgraded Greece’s government bond ratings by four notches to Ba1 from A3, reflecting its view of the country’s medium-term credit fundamentals. Today’s rating…
Amazon.com (NASDAQ: AMZN) is by a number of measures the most visited retail site in the US, the most successful e-commerce company in the world, and the online retailer with the biggest selection of…
Apple Inc. (NASDAQ: AAPL) will sell its new iPhone in its own retail stores and in Walmart (NYSE: WMT). The should allow the handset and consumer electronics company will have the iPhone available nearly…
The Reuters/University of Michigan sentiment index rose last Friday that consumer confidence grew to 75.5. The figure was better than most forecasts. The news caused a sharp market rally, but the U Mich numbers…
By Benjamin Carlson of The Atlantic Wire President Obama makes his fourth visit to the Gulf this week, and on Tuesday he will give a national prime-time address about the oil spill. As the…
In the face of a stagnant US job market, falling real estate prices in America, and an unprecedented crisis in Europe which could cause huge losses for regional banks, St Louis Fed Chief Jame…
Updated throughout the day. KKR may sign a deal to buy Japanese recruitment services firm Intelligence Ltd (WSJ) UBS has handed over 500 private accounts to US authorities. (Sonntag) The Weinsteins may make another…