Recently, two trends have marked the global smartphone industry. Sales increases have slowed, and Samsung Electronics Co. has moved into an incredibly dominant place. The South Korean company has become the firm to chase, and…
Consumers may live in a world where streaming video from large libraries of content has become available over the Internet. The trend has boosted the success of companies such as recently crippled Netflix Inc. (NASDAQ:…
Now that Facebook (NASDAQ: FB) has issued its quarterly report and its stock has fallen another 10%, investors wonder how low the shares can go. Revenue last quarter rose to $1.184 billion from $895…
Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE: BCS) profits rise sharply. (Reuters) The United States…
Spain’s unemployment rate continues to rise without a break. The Instituto Nacional de Estadística (National Statistics Institute) reported that in the second quarter unemployment rose to just over 24.6%, up from 24.4% in the first quarter.…
Amazon (NASDAQ: AMZN) shares dropped over 7% after the world’s largest e-commerce company posted poor earnings. Amazon’s earnings dropped 83% to $.01 from $.41 in the same quarter a year ago. Revenue rose to…
Sprint-Nextel (NYSE: S) lost $1.4 billion in the second quarter, as it continued to remain viable in competition with AT&T (NYSE: T) and Verizon Wireless. The company reported a net loss of $1.4 billion and…
Research firm Rhodium Group told CNNMoney that China’s direct investment in the United States may reach a record in 2012. This is despite trade and currency tensions between the world’s two largest economies, and…
The Volkswagen Group posted first half earnings. Despite trouble with European sales, the figures were impressive and show that VW may top General Motors (NYSE: GM) and Toyota (NYSE: TM) in global unit sales…
A senior economist at Citigroup, Willem Buiter, wrote a report in which he argues that there is a 90% chance that Greece will leave the eurozone over the next year to year-and-a-half. Among his…
A senior economist at Citigroup, Willem Buiter, wrote a report in which he argues that there is a 90% chance that Greece will leave the eurozone over the next year to year-and-a-half. Among his…
A day after the Commerce Department said sales of new homes fell 8.4% last month from May to a seasonally adjusted annual rate of 350,000, real estate research firm RealtyTrac reported that first half foreclosures…
ZyngaAmong the risk factors in the Zynga (NASDAQ: ZNGA) 10-K is this: The three class structure of our common stock has the effect of concentrating voting control with those stockholders who held our stock prior…
Morningstar (NASDAQ: MORN) founder and CEO Joe Mansueto did more than any other person to change the equity and mutual fund research business when he founded the company in 1984 and shepherded it through a rapid period of growth.…
The USDA reports that drought has made a large increase in food prices likely. (Reuters) The government of Changsha in China launches a $130 billion stimulus program. (Reuters) Hackers have effectively attacked Google (NASDAQ:…
The recession in the United Kingdom deepened in the second quarter. The Office of National Statistics reported: The chained volume measure of GDP decreased by 0.7 per cent in Q2 2012 compared with Q1 2012.…
Apple (NASDAQ: AAPL) blames poor earnings on slow sales in anticipation of the iPhone 5 and a sluggish economy. (Reuters) The Federal Reserve searches for new ways to help the sagging economy. (Reuters) Peugeot…
The Congressional Budget Office issued a report about the effects of the Supreme Court decision on the Affordable Care Act. Its conclusion is that 3 million people who would have had health insurance before this…
nationsonline.orgMoody’s changed its outlook for the Aaa credit rating of the European Financial Stability Facility (EFSF) to “negative.” The decision was based largely on its downgrade of the outlook of some of the fund’s primary guarantors —…
The recession in the United Kingdom deepened in the second quarter. The Office of National Statistics reported: The chained volume measure of GDP decreased by 0.7 per cent in Q2 2012 compared with Q1…