Over the last year, there has been speculation that the Fed would drop interest rates below zero, paying its borrowers to take money. Analysts believe that credit is so tight that even with interest…
Qualcomm’s (QCOM) management has not done its investors any favors by fighting wars with its largest customer, Nokia (NOK), and its largest rival, Broadcom (BRCM). The battles, over royalties and intellectual property have put…
According to Reuters, a new generation of netbooks may reshape the PC industry. Reuters reports that concerns about swine flu have spread across the globe causing health alerts. Reuters reports that John Thain says…
Markets in Asia were mixed. The Nikkei rose .2% to 8,728. The Hang Seng fell 2.3% to 14,907. The Shanghai Composite was off 1.8% to 2,405. At the open in Europe, the FTSE was…
The media has been hyper-focused this weekend on the news that more than 1,000 people in Mexico have become infected with Swine flu, also known as Influenza A H1N1. Nearly 90 people have died…
Short selling is among the most controversial investment practices and has been blamed for sharp sell-offs in the stocks of a number of large companies, especially financial firms. Governments in both the US and other developed…
You have probably heard more and more about the swine flu epidemic from Mexico spreading to the U.S., and a new media advisory is confirming that the drugs Tamiflu by Roche (OTC: RHHBY) and…
Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared, the bank earnings…
Bank of America’s CEO Ken Lewis sold his CFO Joe Price a Porsche in 2007. According to SmarTrend, “While the details of the sale remain private, the transfer itself raises serious doubts regarding ethics…
Experts have told The Wall Street Journal that they think several of the banks which failed the government’s stress tests are in the Midwest and Southeast. According to the paper, “Three people familiar with the matter…
Since four more banks have just failed, the question is bound to come up when the FDIC will run low on money and have to go begging to the Treasury. American Southern Bank, Michigan…
It makes the federal government look weak. GM (GM) got another $2 billion to stay afloat while it negotiates with the UAW and creditors. Both parties have to assume that the Treasury is doing…
“The Big 3” is now likely more than ever about to become a term of the past. Chrysler looks like it may be the first one out, and the question immediately after that is…
After perusing the list of 52-week lows this afternoon, there was a surprising name: Campbell Soup Co, (NYSE: CPB). Shares are trading down over 3% and south of $25.00 late today, and the previous…
TARP, TALF, PPIP. TBTF. How many more acronyms can we have? Today’s Stress Test might as well just be called the “ST.” Technically, this is called the Supervisory Capital Assessment Program, so we will…
Baker Hughes Inc. (NYSE: BHI) has its weekly rig count out, and we are still losing rigs in the oil and gas sector. Somehow our inventories keep building to near-record levels. The answer is…
Comcast Corporation (NASDAQ: CMCSA) received a subtle yet rather large compliment from a ratings agency this morning. Moody’s raised its rating on the company’s long-term senior unsecured debt further up into ‘investment grade’ territory. …
Google’s (GOOG) push in the US to sell handsets using its Android operating system is being hurt by the fact that its cellular partner is T-Mobile, a distant fourth in market share the America. Android is about to get…
Both automakers have the potential to become the car company of the future. By Matthew DeBord of The Big Money The automobile is down—in fact, it probably hasn’t been this far down since the…