Apple Inc. (NASDAQ: AAPL) has recovered sharply today from its lows, although it may be on more noise than news. The company at its annual meeting reelected its seven board members. There were market…
This weekend we will get to see the annual letter to shareholders from Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A). We expect a far more confident Buffett than what we witnessed last…
It has been hard to not notice the sideways trading action in gold of late. Sure, you have the potential decline of the Euro, the rising dollar, mixed economic data globally, China keeping the…
There is one headline about management that almost always brings up concerns from the financial community….. CFO Resignations. GameStop Corp. (NYSE: GME) is paying a price this morning because CFO Catherine Smith left the…
By John Hudson of The Atlantic Wire When the European Commission launched an anti-trust inquiry into Google, the company was quick to blame Microsoft for its problems. The Redmond software giant has direct financial…
We are seeing more and more deal news in the land of special purpose acquisition companies and in blank check companies. Some is good, while some is not. SPACUpdate.com sent us some exclusive coverage…
Fed chair Ben Bernanke said in his testimony before Congress today that the Fed and SEC are looking into the relationship between Goldman Sachs (GS) and Greece. The EU has been examining the same issues.…
Palm (PALM) may not be dead, but it is dying. It could not survive that ongoing success of smartphone leaders Apple (AAPL) and RIM (RIMM). The iPhone and Blackberry just keep gaining sales are…
These are this morning’s top analyst research calls for upgrades, downgrades, and initiations seen from Wall Street analysts this Thursday: A123 Systems (NASDAQ: AONE) Started as Equal-Weight at Barclays. Big Lots (NYSE: BIG) Raised…
This morning’s weekly jobless claims from the Labor Department are showing a whole new round of concerns that perhaps the recently weak consumer confidence is due to the notion that jobs are not getting…
Updated throughout the day Greece will sell a 10-year bond next week to raise about $3 billion. (WSJ) GE (GE) will sell a $3.3 billion interest in Turkish bank Garanti (CNBC). Australia’s Westfield may…
Hummer is dead now, the victim of years of making large trucks which got ten miles per gallon and a failed sale of the firm by GM to Sichuan Tengzhong Heavy Industrial Machines in China.…
Anyone who reads the papers or visits news sites on the internet knows that sales of new homes dropped 11.2% in January to a seasonally adjusted annual rate of 309,000. This figure is said to be…
It is one thing when credit agencies downgrade the sovereign debt of modest-sized nations such as Greece or Spain. It is quite another when the world’s largest economies like Japan or the UK go…
Reuters: Coca-Cola (KO) is close to buying its largest bottler. Reuters: Microsoft (NASAQ:MSFT) won court approve to shut down computers that spread spam and viruses. Reuters: Akio Toyoda (TM) apologized to Congress from problems with Toyotas. Reuters: …
Markets in Asia were mostly lower. The Nikkei fell 1% to 10,102. The Hang Seng was off by .8% to 20,345. The Shanghai Composite was up 1.3% to 3,061. At the open, in Europe,…
Apple (AAPL) iTunes passed 10 billion song downloads yesterday. It is a milestone analysts had been anticipating for the last month. The consumer electronics company celebrated the accomplishment with an odometer on the firm’s home…
Most of the press Nintendo, the world’s No.1 video game console company, gets is for its Wii machine which has kept a lead in unit sales over the Microsoft (MSFT) Xbox 360 and Sony (SNE) PS3…
By Max Fisher of The Atlantic Wire A nutshell history of money might go something like: First we had barter, then hard currency, then checks and credit cards, then… Twitter? A handful of writers…
Updated throughout the trading day… Google Inc. (GOOG)… The European Commission has asked Google to comment on allegations by rivals it demotes their sites in its search rankings. This is partof an ongoing wave…