Chrysler showed again why it is laggard among the American car companies previously known as The Big Three. It announced a recall of 24,000 late model Chrysler, Dodges, and Jeeps. According to CNN, “The…
Apple (NASDAQ:AAPL) said it will launch a new product at an event scheduled for January 27. Watch the shares drop 10% if it is not the anticipated tablet computer and 15% if Steve Jobs…
This week’s Unusual Suspects are not just about earnings season, despite the deluge and onslaught we are about to see. We have a watch for events this week in shares of Acorda Therapeutics, Inc.…
The more distance that most of the large national economies put between themselves and the deepest part of the recession, the less frequently the term “double dip” is used. Government officials in the US have…
Most claims of worldwide trends that are based on dollars are guesses and may be crude guesses at that. Two healthcare monitors say that global medical fraud now totals $260 billion. A study by the…
Reuters reports that one or two people inside Google (NASDAQ:GOOG) may have provided hackers with a way into the search engine’s servers that allowed the cyberattack that could cause the company to leave China…
Markets in Asia were narrowly mixed and slightly higher in Asia Reuters: Google (NASDAQ:GOOG) is investigating whether an insider helped China’s cyber attack. Reuters: The IMF chief said there could be a double dip…
“ Hello, I must be going. I cannot stay, I came to say I must be going. I’m glad I came but just the same I must be going.”–“Hello, I Must Be Going” lyrics by Groucho…
There was one issue which concerned us the most after Google Inc. (NASDAQ: GOOG) entered the smartphone market, and that was that this might create a race to zero via an old-fashioned price war. …
The US government plans to put as much as $75 billion into programs to keep people in their homes and stanch the flow of mortgage delinquencies and foreclosures. The intention behind the plans is to…
Google (NASDAQ:GOOG) tried to get several other US companies to stand by it as it called out the Chinese government about cyber attacks on its e-mail service. However, no other firms would “come forward”, despite…
An adage in options trading is that the closest and most active strike prices tend to act as magnets that draw share prices that direction as options expiration date gets closer and closer. So…
It seems that every investor cares about initial public offerings. And everyone still seems to care about what T. Boone Pickens thinks about the price of oil and what his views are on fixing…
Plains All American Pipeline, L.P. (NYSE: PAA) is pursuing a spin-off strategy which we have seen elsewhere in the energy patch, but it is a strategy that we saw mostly in 2008. The group…
These are Friday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Advanced Micro Devices (NYSE: AMD) Raised to Outperform at FBR. Comerica (NYSE: CMA) Raised to Outperform at BMO Capital.…
Updated throughout the day. Updated 1.14 PM EST Leap Wireless (NASDAQ:LEAP) may have hired a banker to put itself on the block (Barron’s) Updated 1.14 PM Oracle (NASDAQ:ORCL) may fire 50% of the workforce…
If you are one of the ones worried that China is taking the world over, you might not need to worry about its military doing that. At the current rate, China will just be…
So much for the talk that the reign of JPMorgan Chase (NYSE:JPM) as the top money center bank in the US might come to an end with fourth quarter earnings. The bank blew through expectations.…
China’s economic growth is considered by many analysts to be the engine for global GDP improvement. Experts expect China, with its GDP ranked No.2 in the world at close to $5 trillion, will grow well over 10%…
China’s internet population rose to 384 million at the end of 2009, up almost 30% for the year, according to the China Internet Network Information Center. Nearly 30% of the people in the People’s Republic…