Congress has passed a law extending unemployment insurance in the 27 states where the jobless rate is above 8.5%. The bill passed by a margin of 331-83, so it had remarkably broad support. Congress…
Yahoo! (YHOO) will spend $100 million marketing itself to Internet users over the next 15 months. That is odd because there is probably in not a man, woman, or child who uses the Internet…
China’s new trade strategy is simple. It appeals all cases that go against it at the WTO. China recently faced US tariffs on its tires. China quickly turned around and said that its export…
South Korea has become the latest country to open up to sales of the Apple (AAPL) iPhone. According to The Wall Street Journal, The Korea Communications Commission has approved the sale of the handset.…
The legal issue of attorney-client privilege is heating up as Bank of America (BAC) is turning some documents over to a Congressional committee that wants details of the bank’s buyout of Merrill Lynch. House…
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…