Research-In-Motion (RIMM) shareholders have been concerned for some time that the Apple (AAPL) iPhone is such a good product that consumers would begin to switch to Jobs & Co. products. Those concerns have been exacerbated…
If Google (GOOG) closes its Google.cn Chinese search portal, it will be tough luck for the American company which looked forward to getting an increasing shares of its revenue from the People’s Republic’s 400 million…
Every car sold in America, and perhaps the rest of the world, is broken or dangerous to drive so it seems. Toyota (TM) has recalled more than eight million cars. Ford (F) says there are…
The FCC has argued to Congress and the public that the US is well behind most of the rest of the civilized world in terms of its distribution of broadband and the speed of…
Blockbuster (BBI), the world’s largest movie rental chain, has all sorts of problems. It is nearly insolvent. Its model of renting DVDs from stores has been largely bypassed by online operations such as NetFlix (NFLX). VOD…
Reuters: China took a hard position on the value of the yuan despite US pressure. Reuters: Google’s (GOOG) ad partners in China expressed concerns about its plans. Reuters: If banking laws change, Goldman Sachs…
CIT Group, Inc. (NYSE: CIT) is out of bankruptcy, has John Thain as its new CEO, and is trying to get on with life in ‘the new normal’ in a sector where making money…
Google (GOOG) has created a version of its Nexus One Android-powered phone that will work on the AT&T (T) wireless network. That is a large step up from the T-Mobile network that Google used to…
When Exxon Mobil Corp. (NYSE: XOM) announced that it was going to acquire XTO Energy Inc. (NYSE: XTO)for $31 billion in an all-stock transaction ($41 billion after debt assumption; with 0.7098 in the XOM/XTO…
As expected, despite a belief that rates need to rise from here, the FOMC announced decision on interest rates leaves the 0.0% to 0.25% Fed Funds rate target unchanged. A 9-1 vote, with Hoenig…
If all goes smoothly, the future of Tiger Woods and the media may finally be back to him being the biggest golf star ever rather than the subject of tabloids and celebrity television stalking…
As we have been expecting for a month or more, General Electric Co. (NYSE: GE) is now acting as though it is probably closer to raising its dividend than what some were expecting even…
Standard & Poor’s may have just come to the rescue of Greece in a better or more clear manner than what the European nations have tried to do all along. The ratings agency has…
The FOMC decision on interest rates is expected today at or around 2:15 PM EST. Most market pundits are expecting no change to the Fed Funds Rate. The target of 0.00% to 0.25% is…
Lehman Brothers Holdings Inc. (LEHMQ) is still alive as a stock despite the company being dead. It turns out that there is actually a little asset value left here, as the company has filed…
Updated throughout today. Employees may sue AIG (AIG) after getting less in bonus that their employment agreements called for (NYT). Michael Jackson’s estate signed a $200 million deal with Sony (SNE). Google (GOOG) has…
These are this Tuesday’s top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls during the pre-market hours. It is more skewed to downgrades, something we have not seen routinely in…
Restrictive state banking laws are not preventing Walmart (WMT) from extending its reach as a financial services presence which dwarfs many banks. The world’s largest retailer will extend its “Money Centers” this year to 1,500…
Walmart (WMT) intends to use what it charges for groceries as a weapon against its competition. By lowering prices, it may have the dual effect of drawing new shoppers and helping the overall economy.…
The healthcare reform package, the centerpiece of the Obama presidency, never made it though Congress, at least not in the form the President would have liked. It will still struggle to be passed in…