Reuters: US business investment is rising. Reuters: Another outage shut down RIM’s (NYSE:RIMM) BlackBerry network. Reuters: Geithner said tight lending could hurt US economy. Reuters: Microsoft (NASDAQ:MSFT) lost an appeal over IP in its…
Markets in Asia were higher. The Nikkei did not trade due to the holiday. The Hang Seng rose 1.1% to 21323. China Life (NYSE:LFC) rose sharply. The Shanghai Composite was up .8% to 3,074.…
Google Inc. (NASDAQ: GOOG) rose close to 0.5% to a yearly high of $601.50, carried by the momentum of the market. Jabil Circuit Inc. (NYSE: JBL) rose over 14% to a yearly high of…
The yield on the 30-Year Treasury Bond is now over 4.60% and the 10-Year Treasury Note is yielding 3.75%. It was just at the last bond auction that the T-Bond was 4.49% and sold…
There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as a key pivot point…
There was an interesting initial public offering filing last night from ReachLocal, Inc. saying that it plans to come public via an IPO. While no terms were listed, the filing is for up to…
Once thought to be slipping through the recession’s cracks and into oblivion, many special purpose acquisition companies not only succeeded in getting investors to sign off on mergers—some generated substantial value after the deal…
Stephen Burke, the 51-year-old president of Comcast (NASDAQ:CMCSA), has to be the new lead choice to become CEO of Berkshire Hathaway (NYSE:BRK.A) when Warren Buffett retires or dies. Burke was added to the Berkshire board.…
Updated throughout the day. Lehman is paying out big bonuses a year after its collapse. (Bloomberg). Citigroup (NYSE:C) has been hit by hackers who may have stolen millions of dollars (WSJ) Google (NASDAQ:GOOG) and…
The Commerce Department revised GDP growth for the third quarter of this year down, again. The latest number is an increase of 2.2%. A month ago the number was dropped to 2.8% from the…
These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: AOL Inc. (NYSE: AOL) Started as Equal-Weight at Barclays. Computer Science Corp. (NYSE: CSC) Started as Outperform at…
Ford (NYSE:F) said it would offer buyouts to its 41,000 US factory workers. The terms are generous and give the rank-and-file large lump sum payments and vouchers for Ford vehicles. Ford explained that its…
Apple (NASDAQ:AAPL) needs to follow-up its success in the computer, portable multimedia player, and handset businesses to keep its revenue momentum and relationship with Wall St. Analysts believe the Apple’s next important product will…
Market analysts and experts on IT spending have taken a “wait-and-see” approach to pass judgment on whether the launch of Microsoft’s (NASDAQ:MSFT) Windows 7 would cause quick adoption of the software at businesses. Upgrades…
Moody’s (NYSE:MCO) downgraded the government debt of Greece from A1 to A2. Very few economists or bankers will be surprised. Greece is dealing with a shrinking economy and growing national debt and budget deficits.…
The government’s “Home Affordable Modification Program” needed $75 billion of taxpayer money to alter home loans so that these loans could be more affordable for creditworthy homeowners who could not make their earlier mortgage…
MarketWatch: Moody’s (NYSE:MCO) downgraded Greece’s debt to A2 from A1 and said it had a negative outlook on the nation’s sovereign paper. Reuters: The FBI is probing a cyber attack on Citigroup (NYSE:C). Reuters: China is…
Markets in Asia were mixed. The Nikkei rose 1.9% to 10,379. Toyota (NYSE:TM) rose sharply. The Hang Seng was up .7% to 21,092. The Shanghai Composite fell 2.3% to 3,051. At the open in…
United States Steel Corporation (NYSE: X) rose over 6.5% to a yearly high of $52.47 after the United States objected to a requestion by China that the World Trade Organization make a ruling on…
Stem cell stocks (tracked in Tickerspy’s Stem Cell Stock’s Index (*RXSTM) are up over 7% today, led by Athersys Inc (NASDAQ: ATHX). Athersys Inc. rose as high as 395% this morning following news that…