From The Atlantic Wire On Tuesday, Google unveiled its newest social networking service, Google Buzz. Tech blogs have been anticipating its release, speculatively debating whether it will pose a challenge to Facebook and Twitter.…
Toyota (TM) said it has set aside $2 billion for the recall of about eight million cars and light trucks with brake problems. This does not include the cost of a recall of 2010 models…
The Energy Information Administration is out with its newest 2010 and 2011 predictions for both supply and demand for oil and energy products. This may throw water on T. Boone Pickens’ call for $90…
Google Inc.(NASDAQ: GOOG) is far from losing its stranglehold on the U.S. search market. Yahoo! Inc. (NASDAQ: YHOO) is also far from being able to reclaim much market share that it has lost in…
GameFly, Inc. has filed its registration statement with the SEC which will allow the company to come public via an initial public offering. Shares will be sold by GameFly and by certain selling stockholders. …
We are getting more and more caution from technicians and fundamental analysts that bring back the notion and fears of another market correction. Some are expecting far worse than just a correction. The good…
Updated throughout the day. Dubai World will seek and extension on payments of $22 billion in debt. (Al Ittihad) Germany may lead a bailout of Greece (various) Paulson & Co. has had trouble getting…
These are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning: Adobe Systems (NASDAQ: ADBE) Raised to Outperform at Credit Suisse; Raised to Buy at…
Toyota (TM) has announced a recall of its 2010 model Prius, the market leader in the global hybrid car sector. The company says that a software glitch causes a brake problem in the car and…
Baidu (NASDAQ:BIDU) impressed Wall St. with its fourth quarter 2009 earnings. Revenue rose 40% to $185 million and net income was up 48% to $63 million. Investors are impressed enough with Baidu’s numbers to give it a…
Companies seemed to prefer share buybacks in 2007 and 2008, and maybe part of 2009. Why not, if the stock is cheap? But then 2009 came and many companies were derailed by the recession…
China posted more extraordinary trade figures for January. Exports for the month rose 21% and imports were up 86%. Each of the figures is an improvement on the same measurements in late 2009. Economists…
It is more likely by the day that Greece will be helped out of its sovereign debt problems and that Spain and Portugal may, too. The most likely avenue for a rescue as a guarantee…
Reuters: Honda (NYSE:HMC) expanded its recall by 440,000 as more Toyota (NYSE:TM) models were probed. Reuters: ArcelorMittal sees a slow improvement in steel production in Q1. Reuters: IMF aid for Greece may be unavoidable.…
Markets in Asia were higher. The Nikkei rose .3% to 9,964. Recall news pushed Honda (NYSE:HMC) down but Toyota (NYSE:TM) rose. The Hang Seng rose .7% to 19,922. China Life (NYSE:LFC) rose. The Shanghai Composite…
Japan has two large car companies known throughout the world for quality, workmanship, value, and fuel efficiency. Each took several decades to establish its brand in the US. Each burnished its brand by the launch…
While we were getting ready to post our next round of large companies which we think will be hiking their dividends in 2010, one of the companies beat us to the punch. Earlier this…
After the Airgas, Inc. (NYSE: ARG) unsolicited offer from Air Products & Chemicals, Inc. (NYSE: APD) was made, we noticed how there was a premium to the deal’s public price. We even noted that…
We had said in our detailed preview that this was a make or break quarter for Baidu Inc. (NASDAQ: BIDU). So far it looks like the investment community is taking it as a ‘make…
Unemployment may have dropped below 10% last month, but the number only looks good in a vacuum. The Bureau of Labor Statistics, the bearer of much of the federal government’s bad news over the…