Jon OggBank of America downgraded Entergy (NYSE: ETR) to Underperform from Neutral and cut its price target to $70. Piper Jaffray downgrades Cache Inc. (NASDAQ: CACH) to Neutral from Overweight. AAII Journal sets Dow Chemical Co. (NYSE:…
After Samsung took a beating from Apple (NASDAQ: AAPL) at a trial in the U.S. District Court of the Northern District of California, it is Samsung’s turn to strike back. Apple has asked for $2.5…
Nokia Corp. (NYSE: NOK), which is barely alive in the smartphone sector, claims that the fruits of its large partnership with Microsoft Corp. (NASDAQ: MSFT) are about to arrive. The marriage was meant to…
Standard Chartered has paid the New York Department of Financial Services $340 million to settle charges that it helped Iran interests launder money. Unfortunately for the financial firm, this settlement is only the tip…
Standard Chartered has paid the New York Department of Financial Services $340 million to settle charges that it helped Iran interests launder money. Unfortunately for the financial firm, this settlement is only the tip of…
Greece wants to “kick the can down the road” when it comes to implementing austerity measures. That is likely to torque off European pay-master Germany, the International Monetary Fund and the sovereign investors who…
The New York Times ran an extremely impressive article that alleged huge bribery actions by Wal-Mart Stores Inc. (NYSE: WMT) in Mexico. That was on April 21. Immediately afterward, a flurry of investigations began, or…
LinkedIn Corp.’s (NYSE: LNKD) business model is supposed to be better than that of most other tech IPOs in the past year. The company has three lines of revenue: hiring solutions, marketing solutions and premium…
Standard Chartered pays a New York bank regulator $340 million to settle money laundering charges that involved Iran. (Reuters) The New York Times Company (NYSE: NYT) names BBC General Director Mark Thompson as CEO.…
BGR (Boy Genius Report) posted an exclusive that says that AT&T Inc. (NYSE: T) has begun a period of strenuous training for its retail employees as its clears out inventory of current iPhones to…
Apple Inc. (NASDAQ: AAPL) tried to increase the pressure on rival Samsung as a patent legal case draws to a close in court. The U.S. company said that a quarter of the $30.4 billion…
Americans should avoid a number of high-end cars, if their primary interest is passenger safety. The Insurance Institute for Highway Safety reported that “only 3 of 11 midsize luxury and near-luxury cars evaluated earn…
Americans should avoid a number of high-end cars, if their primary interest is passenger safety. The Insurance Institute for Highway Safety reported that “only 3 of 11 midsize luxury and near-luxury cars evaluated earn good or…
Between June 2011 and June 2012 the nation added more than 1.7 million jobs. At the same time, the number of government jobs fell by more 200,000. While the national economy has improved since…
Groupon Inc. (NASDAQ: GRPN) may be the first of the large Web 2.0 companies that has gone public in the past year to lay off workers. At least it should be. The public corporation’s…
Most of the press coverage about gasoline prices points to the rise of the national average for a gallon of regular. The price has been rising rapidly — a cause for concern. The cost for…
France announced that GDP grew 0.0% in the second quarter. New president François Hollande, who has been in office for 100 days, must decide whether the new numbers will help his argument for a need…
Carlyle Group LP (NASDAQ: CG) and China PE funds may take Focus Media Holding Ltd. (NASDAQ: FMCN) private. (Reuters) The company that owns the Empire State Building expects earnings to double in three years.…
France’s National Institute for Statistics and Economic Studies released data that showed that France’s GDP expansion in the past quarter was flat. The numbers were expected to be worse, as almost every other nation…
The “lockup” of shares held by investors who took part in rounds of Facebook Inc.’s (NASDAQ: FB) funding that happened before the firm’s initial public offering will end on August 16. Many current investors…