Reuters: A dispute over tires is making trade talks among G20 nations difficult. Reuters: Bank of America (BAC) will give Congress documents about Merrill. Reuters: Th G20 is looking at ways to rebalance the…
Markets in Asia were lower, and Japan was closed for holidays. The Hang Seng dropped .6% to 21,573. HSBC (HBC) fell but Geely Automotive rose. The Shanghai Compsite fell 1.9% to 2,843. At the…
Gap Inc. (NYSE: GPS) hits a yearly high of $22.54. Fellow retailers Polo Ralph Lauren (NYSE: RL), American Eagle Outfitters (NYSE: AEO) and J. Crew Group (NYSE: JCG) also hit yearly highs. Goldman Sachs…
Clorox Corporation (NYSE: CLX) gave us a volume alert earlier today which was later summarized over for Volume Spike. This generally slow-moving consumer products company is trading up with elevated stock volume and with…
Jeff Bezos, the founder and CEO of Amazon (AMZN), is known for being eccentric, but his new handset offer may be taking that act a bit too far. Every cellphone that operates on the…
Some GM dealers have elected to opt out of the car company’s 60-day satisfaction guarantee program. Under the terms of the promotion a buyer can purchase a Chevy, Buick, GMC or Cadillac, and keep…
SPACupdate.com monitors live deals involving blank check companies, associated stock and warrant transactions and relevant personnel moves. This week brings several issues and votes in the special purpose acquisition company sector. GHL Acquisition Co.…
These are this Tuesday morning’s top day trader alert stocks and actively trade stocks. We have more detailed price and volume analysis and data on each stock with links provided through at VSInvestor.com: American…
By John Tamny of RealClearMarkets Last week it was announced that the Federal Reserve would move forward on its plan to police and restrict pay among employees of large financial institutions. At first blush…
These are this Tuesday’s top pre-market analyst downgrades or cautious research calls we have seen out of Wall Street early on: Dell (DELL) downgraded to Neutral at Credit Suisse. Martin Marietta (MLM) downgraded to…
These are this Tuesday morning’s top pre-market analyst upgrades and positive research calls seen from Wall Street: Blue Coat Systems (BCSI) started as Buy at BofA/Merrill. Covance (CVD) upgraded to Buy at Jefferies. DealerTrack…
Bank of America Corporation (NYSE: BAC) has a couple of issues on the legal and regulatory front for this week. Last night, it announced that it has reached an agreement with the U.S. government…
DVD sales are flagging and rentals are up, news which is likely to be unwelcome at the major movie studios. The Digital Entertainment Group announced that in the first half of this year, DVD…
It may not be clear how Twitterwill ever make money, but its growth is not in doubt. The microblogging website is now among the 50 largest internet properties in the US according to new…
China and other large economies in Asia are not just struggling to get out of the recession. They are racing away from it at light speed. The Asia Development Bank raised its GDP forecast…
The EU regulators who combat monopolistic practices have never been kind to Microsoft (MSFT). They have hounded the world’s largest software company for years, accusing it of bundling its browser into its operating system…
“We think that the American taxpayer will be fully repaid” under the company’s plan”—Ed Liddy, AIG CEO, May 13, 2009 “At the end of the day, we believe we will be able to pay…
Reuters: Obama pushed his economic message before the G20 summit Reuters: A Senate panel took up healthcare legislation. Reuters: Bank of America (BAC) missed a deadline for supplying information from Congress and now faces…
Markets in Asia were mixed. The Hang Seng rose .3% to 21,546. Sinopec (SNP) rose. The Shanghai Composite was down 2.3% to 2,898. At the open in Europe, the FTSE rose .6% to 5,164.…
Investing in mortgages might not be as bad as many thought. Chimera Investment Corporation (NYSE: CIM) has already raised more capital on more than one occasion since coming public in 2007 when the mortgage…