Verizon Wireless may soon offer its subscribers a new and inexpensive way to make calls. The carrier is likely to begin to offer VoIP services Skype on its handsets. According to BusinessWeek, “The service will…
Today is the great trade set-up that many have hoped would come for more than a decade. Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) is completing the acquisition of Burlington Northern Santa Fe (NYSE: BNI),…
Amazon.com Inc. (NASDAQ: AMZN) has received yet another debt rating upgrade. Standard & Poor’s Ratings Services raised it by a full two notches and kept a positive outlook that could mean more ratings boosts…
Toyota (TM) may be in trouble now for its recalls, but over the last ten years, its record of complaints to the National Highway Traffic Safety Administration has been remarkably low. Edmunds has just…
By Max Fisher, The Atlantic Wire One in eight Americans receive food stamps, reports The New York Times, as do nearly one in four children. The high enrollment rate is part of the recent…
SkillSoft plc (NASDAQ: SKIL) may seem like an unusual buyout candidate for a private equity group. The company offers on-demand distance-learning over the web or teleconference and performance support solutions for large enterprise groups,…
We are still seeing many companies trying to capitalize off of raising capital or where holders are registering shares. Companies like Capstone Turbine Corporation (NASDAQ: CPST), Labopharm, Inc. (NASDAQ: DDSS) Puda Coal Inc. (AMEX:…
Updated throughout the day. Donald Trump will bid for the World Trade Center site (NYPost) Supporters of the UK’s “Robin Hood” tax say that Goldman Sachs (NYSE:GS) influenced a poll on the matter by…
This earnings season has been a troubled period for most great companies. We finally started to see real earnings beats and finally started getting guidance raised out of many of the big technology stocks. …
These are some of the top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning: Dish Networks (NASDAQ: DISH) Started as Overweight at JPMorgan. DirecTV (NYSE: DTV) Started…
The People’s Bank of China said it will raise the reserve ratios that banks in the country must keep to .5%. It is the second time that it has increased the ratio in a…
GE (GE) has an odd habit of creating names for the initiatives taken on by its largest divisions or company-wide themes that show the conglomerate’s plans for global growth. One of the latest of…
The theory that some or all the economies of the developed world could fall into a double dip recession got support today as the euro zone reported that growth among its nations rose only…
The Nintendo Wii is such a large percentage of total video game consoles sales that any drop in its numbers signficantly affects overall industry figures. Wii sales in January were 30% lower than in the same month…
The new “Economic Report of the President” prepared by the Council of Economic Advisers shows that The White House has a more grim picture of the unemployment situation than may be evident from its…
Reuters: The IMF may join the bailout of Greece. Reuters: The European Central Bank will help in efforts to ease Greek debt. Reuters: Motorola (NYSE:MOT) will split its businesses in half in 2011. Reuters: …
Markets in Asia were mixed The Nikkei rose 1.3% to 10,092. Sony (NYSE:SNE) and Toyota (NYSE:TM) rose. The Hang Seng fell .1% to 20,265. HSBC (NYSE:HBC) dropped slightly. The Shanghai Composite rose 1.1% to…
Yahoo! Inc. (NASDAQ: YHOO) holders probably never want to hear the name Jerry Yang again. Well, those same holders will love this… Tonight after the close a filing at the SEC from Yahoo! showed…
Boston Scientific (NYSE:BSX), the worst run of the large medical device and pharma firms based in the US, announced an operating loss for the fourth quarter of 2009 of $1.23 billion. The company’s guidance was…
SunPower Corp. (NASDAQ: SPWRA) has made what may be one of the first decent sized mergers in the solar sector. The company agreed to acquire SunRay Renewable Energy in Malta for $277 million. The…