Foreclosure rates may have leveled off, but it would be a mistake to count on that being a long-term trend. New data from RealtyTrac shows foreclosure filings — default notices, scheduled foreclosure auctions and bank repossessions —…
Toyota (NYSE:TM) did not keep its top spot as the world’s largest car company for very long. It held the crown for about a year. Industry statistics show the new VW-Porsche combination has produced 4.4…
Reuters: China is the key stop on Obama’s tour of Asia. Reuters: South Korea’s businesses may start to feel more pressure from China competitors.. Reuters: Hewlett-Packard (NYSE:HPQ) bought 3Com (NYSE:COM) for $3.1 billion. Reuters: …
Markets in Asia were moderately lower. The Nikkei fell .7% to 9,804. Honda (NYSE:HMC) rose. The Hang Seng fell 1% to 22,402. HSBC (NYSE:HBC) dropped. The Shanghai Composite fell .1% to 3,173. At the…
Robert Benmosche, the CEO of AIG (NYSE:AIG) is known for being hot-headed, mercurial, self-centered, brilliant, ill-tempered, and gifted. He is just the sort of executive who threatens to quit his job several times a year.…
Several studies show that Microsoft’s (NASDAQ:MSFT) Bing search engine picked up market share in October. Combined with Yahoo! the two companies could end up with clost to 30% of the industry in the United…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) has been reaffirmed on its corporate debt rating at “B-” late in the day. While this is still very deep in “junk bond” territory at S&P, the outlook…
According to a recent survey conducted by Move.com the some people interested in purchasing real estate as an investment has doubled since March 2009. The results show that this growth has been driven by falling housing prices and…
Sometimes the unimaginable happens, and that is today. 3Com Corporation (NASDAQ: COMS) is being acquired, and in a deal that won’t run regulatory risk at least over China having access to core technology. Hewlett-Packard…
NUCRYST Pharmaceuticals Corp. (NASDAQ: NCST) rose over 70% to a yearly high of $1.70. Its rise was driven by the news that Smith & Nephew Plc (NYSE: SNN) has agreed to buy nearly all…
It is usually questionable if Microsoft Corp. (NASDAQ: MSFT) and its new Bing.com search engine is stealing from Google Inc. (NASDAQ: GOOG) or from Yahoo! Inc. (NASDAQ: YHOO) when it comes to gains in…
American International Group, Inc. (NYSE: AIG) is under pressure today after its new CEO Robert Benmosche, who has not even had a full three months yet on the job, has effectively threatened to walk…
Applied Materials Inc. (NASDAQ: AMAT) is on deck for earnings this afternoon right after the market closes. The chip equipment giant, and relatively new solar player, is the king of its sector to most…
Macy’s Inc. (NYSE: M) is showing just how much of a conundrum there is between today’s retail stock valuations and the reality of what to expect from earnings ahead. Macy’s had a narrower loss…
These are this morning’s top day trader and active trader alerts seen in the pre-market trading hours. We also included some options color from yesterday. A link has been provided for more detailed analysis…
Updated throughout the day. 11:45 AM EST: Motorola Inc. (NYSE: MOT) may seek to sell its Home & Networking division for about $4.5 billion according to WSJ. -Jon Ogg American Air (NYSE:AMR) may team…
RIM (NASDAQ:RIMM) has been under seige these last few weeks. Investors are concerned that the Blackberry maker is losing market share to the Apple (NASDAQ:AAPL) iPhone and a new group of handsets using the…
These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Adobe Systems NASDAQ: ADBE) Cut to Perform at Oppenheimer. Barclays plc (NYSE: BCS) Cut to Hold at…
American Airlines (NYSE:AMR) is competing with Delta (NYSE:DAL) to form a close partnership with financially troubled Japan Air. Both US carriers would like ready access to JAL’s tremendous network of flights around Asia, where…
China’s industrial production was up more than 16% in October. Retail sales were up by about the same percentage, oddly enough. No one was shocked that exports fell a sharp 13.8%. The Chinese recovery is no…