Reuters: US regulators are looking at steering problems on the Toyota (TM) Corolla. Reuters: Greece says it is not seeking EU taxpayers’ money. Reuters: Gold fell on an IMF sale. Reuters: US state pension funds…
Markets in Asia were mixed and Shanghai was closed The Nikkei was up .3% to 10,336. Toyota (NYSE:TM) slipped on recall news. The Hang Seng was down .6% to 20,407. At the open, in…
Humana (NYSE:HUM) will cut 2,500 jobs in one of its business units but add back enough workers in other areas so that the net cut in employees will be 1,400. Humana reported a sharp increase…
Amazon’s (NASDAQ:AMZN) share of the e-book market will go from 90% to 35% over the next five years. At least that is what Credit Suisse analyst Spencer Wang claims, according to The Wall Street…
The key to a media business model is the size of the market and the demographic of the consumer. eMarketer is forecasting the number of monthly Internet users in the US will increase from…
The odds that one car company could have three unrelated large recalls of three different sets of vehicles within a month are probably 1,000-to-1. But, that is what will happen Toyota (TM) if ABC News…
By some measures, Hewlett-Packard (NYSE:HPQ) is the largest technology company in the world, with annual sales well over $100 billion. The breadth of its business, which include software, PCs, printers, servers and consulting, make it…
The minutes of January’s FOMC meeting show no expectation that rates or inflation are soon to explode higher. But what is becoming more evident is that this near-zero rate policy is starting to have…
Rick’s Cabaret International Inc. (NASDAQ: RICK) is seeing its shares take a breather after earnings. The news is not just that revenues grew by almost 17% to $20 million, and that its net income…
The US government has just issued housing reports. Housing starts rose to a seasonally adjusted 591,000 equating to a 2.8% increase. That is the best report we have seen since last summer. This data…
This will not be the first time you have heard this statement from 24/7 Wall St… “Solar stocks may be nothing more than leveraged bets that react to sudden price moves in the price…
There are occasional conversations among regulators in the US and EU about whether Google (GOOG) has too much of the search engine advertising market. In America, it controls about 70% of the industry. That…
It is not going to be enough to bring back some mega-losses for many multi-year investors, at least not yet, but SIRIUS XM Radio Inc. (NASDAQ: SIRI) has broken back above the $1.00 mark. …
By Heather Horn Struggling Greece needed to conceal its deficit lest it get into trouble with the EU. American superbank Goldman Sachs had a solution: a nifty tool to conceal large loans under the…
If you have followed all the news about sovereign debt risks in the PIIGS (Portugal, Italy, Ireland, Greece, and Spain), you would think that perhaps the Euro was about to implode overnight or that…
Updated throughout the day. HSBC (NYSE:HBC) was involved in a criminal tax evasion case involving a wealthy US investor. (NYT) Shares in Man Group are higher on word that Blackrock (NYSE:BLK) may buy the company. (Reuters) The EU…
Bank of America/Merrill Lynch has initiated coverage of the homebuilder sector this morning. Technically this is a resumption of coverage. While some are positive calls, there are still some cautious undertones here from the…
These are some of the top Wall Street research calls from analyst upgrades, downgrades, and initiations seen early this Wednesday morning: Adobe Systems (NASDAQ: ADBE) Started as Buy at Citigroup. Check Point Software (NASDAQ:…
The U.S. Climate Action Partnership, which has worked to help the progress of federal legislation which covers carbon emissions and green house gases, lost three of its most prominent members–all of them major polluters. ConocoPhillips…
Google’s (GOOG) new “Buzz” social network feature which has been added to the firm’s Gmail e-mail system was crticized because it could allow people access to private information from other users. Google will fix the problem,…