Activision Blizzard, Inc. (NASDAQ: ATVI) may actually hit that $500 million first week target after all. The company has announced this morning that since the 12:00 launch on Tuesday that its much-hyped “Call of…
By John Tamny of Forbes “For one particular car produced by an American manufacturer, for example, 30 percent of the car’s value is due to assembly in Korea, 17.5 percent due to components from…
These are this Thursday’s top early analyst upgrades, downgrades, and initiations from Wall Street research calls which may be moving shares of the underlying stocks: Brocade Communications (NASDAQ: BRCD) Cut to Neutral at Piper…
Wal-Mart (NYSE:WMT) beat Wall St. expectations for earnings and revenue. Perhaps more important, it indicated that the fourth quarter would be OK. The Christmas retail season just began to look a bit better. Wal-Mart…
Bill Gates is one of the richest men in the world and the founder of one of the most successful companies ever created. That means that the media hangs on every word he utters…
The International Energy Agency not only raised its forecast for oil demand this year but also said that rising oil prices could cut off the global economic recovery. According to the AP, rising oil prices…
Applied Materials (NASDAQ:AMAT) can be added to the long list of American companies that made a profit in the last quarter and then fired a significant part of their workforces. It is a disturbing trend that will…
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…