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…
Caterpillar Inc (NYSE: CAT) gave us some figures this morning showing that there is still some trouble in this economic recovery. The maker of heavy industrial vehicles and equipment showed that dealer sales of…
Mid-American Energy, a holding of Berkshire Hathaway Inc. (NYSE: BRK-A) and a holding of Warren Buffett, is about to get into the U.K. offshore wind power business if the reportsfrom the weekend in the…
The Conference Board has just released its data on Leading Economic Indicators for August, and the gain here is actually a drop when compared to recent months. LEI in the U.S. rose by +0.6%…
Representative Edolphus Town, chairman of the House Committee on Oversight and Government Reform, has told Bank of America (BAC) that it cannot use attorney-client privilege when dealing with Congress. It is a novel approach…
These are this Monday’s top day trader and active trader alert stocks in the pre-market. We have more details on each for volume and price moves at VSInvestor.com: Delta Petroleum Corporation (NASDAQ: DPTR) is…
Shares of Perot Systems (PER) are up 65% to $29.69 on news that the company will be bought for $3.9 billion. Perot’s 52-week high. Dell is substantially overpaying to get into the technology and…
These are the top 10 analyst upgrades, downgrades, and initiations we have seen early this Monday morning: Alliant Techsystems (ATK) Started as Buy at Jefferies. Celgene (CELG) raised to Outperform at R.W.Baird. NetApp (NTAP)…
by John Tamny of RealClearMarkets Last week, President Obama announced that his administration would slap a 35% tariff on Chinese tire imports. The move cheered a U.S. tire industry that has faced stiff competition…
The IRS is extending the deadline for tax cheats who have hidden assets overseas to turn themselves in from this week until October 15. It is an odd way to treat law breakers, but…
The New York Times has joined a long line of media and analysts who say that Amazon (AMZN) will menace bricks-and-mortar superstore retailers the way that it did the traditional book shops and DVD…
There was concern about significant worldwide infection and death shortly after the swine flu was discovered in Mexico earlier this year. That concern tailed off as it because clear, perhaps prematurely so, the strain…
24/7 Wall St. interviewed Ivan G. Seidenberg, the Chairman and CEO of Verizon (VZ), recently. The conversation covered Verizon’s major plans, the global telecom markets, and the effects of the recession. This is the one in…
No one questions that the most economically devastated geographic region in the US during this recession is Detroit. GM, Ford (F), and Chrysler have eliminated tens of thousands of jobs as have their suppliers.…
Reuters: Obama is asking the G 20 to reshape the global economy. Reuters: Congress will demand details of the Bank of America/Merrill Lynch deal. Reuters: Holiday spending is expected to be flat. Reuters: It…
Markets in Asia were mixed and the Japanese exchanges were closed. The Hang Seng fell .2% to 21,585. HSBC (HBC) rose. The Shanghai Composite rose .2% to 2,968. At the open in Europe, the…