With the aid of the Aspen Institute, a number of large corporations and unions are trying to get big American companies to kill the institution of issuing quarterly guidance. Backers of the initiative include…
Blockbuster (BBI) has decided to only offer Blu-ray DVDs in most of its stores. Blu-ray is one of two rival formats for delivering high-definition movies.Its biggest proponent is Sony (SNE) which builds players for…
Nokia (NOK) has just introduced three new handsets. They are aimed at the mid-priced level of phones which run $200 to $330. The company already has strength in its product offerings at the low…
According to a recent survey, the company most likely to be hurt by AT&T’s (T) launch of the Apple (AAPL) iPhone is Sprint (S). Sprint tends to have more high-end multimedia phones than its…
Lexicon Pharmaceuticals, Inc. (LXRX-NASDAQ) is a biotech company that many have not heard of, and those who do know it may have a painful history from it. Anyone who got in the stock over…
According to Reuters, US Airways (LCC) order 22 A350s from Airbus. Reuters writes that Microsoft (MSFT) has bought a minority interest in a Chinese TV maker. Reuters reports that Nokia (NOK) will release three…
Markets in Asia rallied. The Nikkei rose 1% to 18,150. KDDI fell 1.3% to 954000. Softbank rose 2.2% to 2825. Sony (SNE) rose .8% to 6710. Toyota (TM) rose.5% to 7730. The Hang Seng…
It is always interesting seeing option and share sale activity of company executives and insiders, particularly ahead of a stock split and particularly if your employee shares and options are in a shoe maker…
The Financial Times has an article outlining a growing movement in corporate America for the end to quarterly guidance. The argument is that it will curtail the influence of short-term investors and hedge funds,…
It has been over nine months since we published our feature “The Twenty Best Financial Blogs”. A great deal has changed. Some of the blogs on the list are gone or no longer have…
Stock Tickers: TYC, COV, COV-WI, TEL, TEL-WI, GE Tyco International Ltd. (TYC-NYSE) hosts its analyst meetings on Tuesday, June 19, to showcase its new spin-off companies. Late last week we saw trading begin in…
It is the deal that the employees and editors at Dow Jones (DJ) want. The controlling Bancroft family would love to tell Rupert Murdoch to head along home. GE (GE) and Pearson (PSO) are…
A few more of the amazing penny stock offers available on the web. Must be there things aren’t regulated. PennyStockCenter The guys will find stocks that will deliver 500%, 800%, 1000% even 1500% profits…
Investors may have had a case of whiplash this week, as markets gyrated wildly, trying to sort out the slide in treasuries, a possible rate increase, and the continuing squeeze in gasoline refining. On…
comScore’s new traffic figures for May show Yahoo! (YHOO) maintaining a comfortable lead in total unique visitors over Time Warner (TWX), and Google (GOOG). Yahoo! had over 130 million unique visitors in the US,…
Accoring to Jupiter Media, the rate at which online sales are growing will drop to 9% by 2010. That growth rate is 25% now. Forrester Research says online book sales will rise 11% this…
Cerberus, the US hedge fund that will be taking control of Chrysler from DaimlerChrysler (DCX) is looking at buying the two luxury divisions that The Ford Motor Company (F) has on the block. The…
GM (GM) is investing $100 million in a new plant to build reduced carbon-dioxide diesels that are also more fuel-efficient than current models. "It will meet the stringent 2010 emissions standards, and it will…
GM (GM) and Ford (F) have had problems selling their Silverado and F-series pick-ups because fuel prices and falling home values have slowed the traffic to dealerships. The problem has caught up to Toyota…
Comcast (CMCSA) has decided to put money into a tech start-up which increases the speed at which data moves across broadband connections. Time Warner (TWX), Cisco (CSCO) and Intel (INTC) have already invested in…