The remarkable resilience of the Chinese economy and the effectiveness of its $585 billion stimulus package were on display as the nation released key economic data for November. Retail sales grew almost 16%. New loans…
The holiday shopping season and price cuts are not helping video game sales. November figures from industry research firm NPD show sales of software and consoles in the US dropped almost 8% to $2.7 billion.…
Reuters: The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters: Moody’s (NYSE:MCO) sees no threat to the US debt rating for…
Markets in Asia were higher. The Nikkei rose 2.5% to 10,108. The Hang Seng rose .9% to 21,902. The Shanghai Composite was down .2% to 3,247. At the open in Europe, the FTSE was…
Western governments, multinationals, and trade groups will soon have a single form letter that they can send to the communist central government in China. “Dear Chairman Mao: We find that your trade and/or currency…
It seems that the long quest of the Chicago Board Options Exchange is going to end up in an IPO. The demutualization process has been an ongoing one and a filing from the company…
The Coca-Cola Company (NYSE: KO) rose over 1.8% to a yearly high of $58.92 after it was announced that drinks made by the company will be sold again by Costco Wholesale Corp (NASDAQ: COST)…
Ambac Financial Group, Inc. (NYSE: ABK) has made an SEC filing discussing this week’s press release about receipt of a notice from the New York Stock Exchange that it has fallen below the exchange’s…
Today at noon the Federal Reserve released its Flow of Funds Account report. In the third quarter, U.S. debt growth grew at its slowest pace on record. Overall debt grew by 2.8%. That number is…
The United States’ insatiable demand to borrow is still facing hurdles over whether new buyers want to buy longer-date maturities. Sure, our short-term bills are fine, but as you go farther out the curve,…
A surprising ratings agency call is helping Boston Scientific Corp. (NYSE: BSX) after the company made a debt issuance filing. As Boston Scientific is (and has been for ages) a turnaround which hasn’t turned…
The board and management of Goldman Sachs (NYSE:GS) succumbed to the extraordinary outcry against the size of bonuses at the firm, some of which will certainly range into the tens of millions of dollars.…
Apple’s (NASDAQ:AAPL) cellular carrier for the iPhone in China, China Unicom (NYSE:CHU), said that it sold only 100,000 of the handsets in the 40 days after they went on sales. iPhoneAsia first reported the numbers.…
The second half of November showed somewhat of a mixed bag in short selling activity in the universe of our actively traded and more prominent solar stocks. We saw a gain in short selling…
The U.S. trade deficit decreased $2.7 billion $32.9 billion in October as a result of exports growing more than imports. Exports grew $3.4 billion while imports grew $745 million. Gains in exports were led…
The headlines this morning are that short interest rose a tiny bit on the NYSE and fell on NASDAQ. However, after looking closer into the numbers a different story is being told for the…
Updated throughout the day. Citigroup (NYSE:C) talks with the government about TARP payments are still pending (CNBC) The head of GM’s Buick division has left after eight days on the job. (Bloomberg) There is…
This morning’s top day day trader alerts are out and we have links on each story over to VSInvestor.com with more detailed analysis and data on each: Ciena Corporation (NASDAQ: CIEN) is down about…
The Labor Department is out with its weekly jobless claims data and again we have a reading south of 500,000. The claims rose 17,000 to 474,000 versus a Bloomberg target of 460,000. That reverses…
Branding counts. Apple (NASDAQ:AAPL) could probably do well selling tea pots. Sharper Image is still around, but its brand is so tarnished that it could not give away many of the ultra-modern home utilities…