The Holy Grail of consumer electronics is still a smashing success in the video game industry. Tens and tens of millions of Sony (NYSE:SNE) PS2s and PS3s were sold over the last decade. Microsoft (NASDAQ:MSFT) has turned its…
The CEO of American Express (NYSE:AXP) Kenneth Chenault said that credit card spending by his customer was up 3% in October compared to September and up 1% from October of last year. That is barely…
NBCU CEO Jeff Zucker was well-educated at Harvard. He is well liked by his managers at GE (NYSE:GE). He is well-regarded within the entertainment history. And, NBCU has done almost nothing to distinguish itself within its industry while…
Senator Christopher Dodd put out his draft bill which calls for the most significant overhaul in government financial regulation is over a century. The “Restoring American Financial Stability” document has 1,136 pages, but one…
Short sellers have bought into the notion that the financial industry is in full recovery. Shares sold short in Wells Fargo (NYSE:WFC) fell 8% to 78.8 million shares. Shares short in CIT (NYSE:CIT) were…
Reuters: Two Bear Stearns hedge fund managers were acquited. Reuters: Zucker, NBCU’s current CEO, will head the company when Comcast (NASDAQ:CMCSA) buys a majority of the company from GE (NYSE:GE). Reuters: Dodd’s super-bank regulator fights a…
Markets in Asia were mixed The Nikkei rose a fraction to 9,871. Japan Air rose on news it may get government funding. Mitsubishi UFJ (NYSE:MTU) also rose. The Hang Seng was up 1.6% to 22,627.…
By Douglas A. McIntyre The S&P 500 index is so far having a fine year, up a bit more than 20%. But several big-company stocks in the index have doubled, or better, over that…
Investors are getting a look at why Clearwire Corporation (NASDAQ: CLWR) announced that it was getting new partner financing ahead of its quarterly earnings report. The wireless broadband services provider did show a gain…
Priceline.com Inc (NASDAQ: PCLN) surged over 20% to a yearly high of $209.19. The global online travel agency rose after the company forcast that 4Q earnings would be at least $1.52 a share, with…
The recovery is on and mergers are happening, yet the technology sector has been slow to make deals. Despite some deals already having taken place from the technology giants and that $260 billion cash…
The National Association of Realtors is out with its Q3 data on home sales. As you would expect, there is some positive data and some cautious data. The group reported that most states continued…
These are this morning’s top day trader and active trader alert stocks with more details and analysis via a link to VSInvestor.com for each stock: Activision Blizzard, Inc. (NASDAQ: ATVI) is up 2% over…
Yesterday, the Federal Reserve reported that 9 out of 10 bank holding companies that were required to raise additional capital to bolster their balance sheets have successfully done so. The Supervisory Capital Assessment Program…
Updated throughout the day. Update 2.52 PM EST: The antitrust disagreement between Intel (NASDAQ:INTC) and AMD (NYSE:AMD) may be resolved by a private settlement (MarketWatch) Updated 12.23 PM EST: Motorola (NYSE:MOT) may have sold…
American International Group, Inc. (NYSE: AIG) is running this morning. The stock is trading higher this morning on a debt rating comment from last night. It turns out that Moody’s might have some relevance…
In the FED’s most recent bank survey they asked how the banks indented to deal with the Credit CARD Act of 2009. The Act meant to protect users from sudden interest rate spikes on…
These are this morning’s top analyst upgrades, downgrades, and initiations seen early this Tuesday morning from Wall Street research calls: Adobe Systems Inc. (NASDAQ: ADBE) Raised to Buy at Janney Montgomery Scott. Central Euro…
The IAE is predicting that use of fossil fuels could cause a very sharp increase in the world’s temperature as the demand for energy rebounds from the recession. In its new World Energy Outlook, the…
Burglaries are falling sharply, very sharply since 1973. The number of victims per thousand households has dropped from just over 100 thirty-five years ago to under 40 last year, according to the Bureau of…