The International Air Transport Association has doubled its estimates for global airline industry losses compared to its figure of three months ago. That presages another round of carrier bankruptcies similar to these in the early…
Facebook recently took in a new $200 million investment which puts the value of the company at $10 billion. That is down from a $15 billion valuation based on an investment that Microsoft (MSFT)…
There are a number of market reasons that housing could continue to fall over the next two or three years. Robert J. Shiller of Yale makes the point, writing in The New York Times,…
Reuters: 3D is bringing a new dimension to the computer world. Reuters: The Supreme Court was asked to block Chrysler sale. Reuters: China bankers called for US sales of yuan bonds. Reuters: IATA says…
Markets in Asia were mixed. The Nikkei was higher by 1% to 9,866. The Hang Seng fell 1.4% to 18,420. The Shanghai Composite was up .6% to 2,768. At the open in Europe, the…
Hansen Natural Corp. (NASDAQ: HANS) was one of the most unusual stealth blow-ups of Friday. If you were not paying attention to the comments from the annual shareholder meeting then you may not have…
Sony (SNE) is in trouble, and it is very deep trouble. For the fiscal year ending March 31, the conglomerate lost more than $1 billion on $79 billion in revenue. Sales were down by…
I am worried. This is not an unusual state for me, as friends and colleagues will agree. Often, my worries can be assuaged by thoughtful preparation or action. The worries of these days have…
Bill Gross, the chief investment officer of bond management firm Pimco, makes the case in a letter to investors that the US national debt could easily reach 100% of GDP, perhaps as quickly as…
There were several unusual occurrences at the end of the week and some we saw over the weekend screenings for items missed during the week. These will also be among some of the top…
Saturday morning marked the awaited launch of the Pre smartphone from Palm Inc. (NASDAQ: PALM) under an exclusivity carrier pact with Sprint Nextel Corp. (NYSE: S). We think this will offer some competition to Apple…
In a sign that the federal government is the puppet master of several of America’s largest banks, Bank of America (BAC) has appointed four new directors with extensive bank management backgrounds. They include Donald…
After looking through last weekend’s print version of Investor Business Daily’s “IBD 100” it was almost shocking on the surface to see that Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) landed the #1 spot…
Wind River Systems, Inc. (NASDAQ: WIND) has only been an in-play takeover name for merger investors for about 36 hours after yesterday morning’s announcement from Intel Corp. (NASDAQ: INTC) that it was acquiring the…
Palomar Medical Technologies Inc. (NASDAQ: PMTI) is seeing shares surge to new heights not seen in 18-months. The company is the first to receive FDA approval for over-the-counter clearance for a new, patented home…
It is not too unusual for rumors to circulate that certain components of economic data contained errors or were just wrong in an instance where the actual number is so far off from expectations. …
Wal-Mart Stores Inc. (NYSE: WMT) gave shareholders a surprise at this morning’s annual shareholder meeting. The retail giant announced that it was going to repurchase up to $15 billion worth of common stock.
Microsoft (MSFT) has been fighting for years to be taken seriously in the online search engine business. It plans to have a strong foothold have been undermined with each new measurement of US search…
First Community Bancshares, Inc. (NASDAQ: FCBC) looks as though it gave away the store in a secondary offering pricing, but when you look at the dilution it is actually not as bad as it…
MarkWest Energy Partners, L.P. (NYSE: MWE) has priced its public offering of 2.9 million common units at an offering price of $18.15 per common unit. While all funds are being used for the right…