Microsoft (NASDAQ: MSFT) management says that PC sales may have fallen slightly in the fourth quarter of last year. The Thailand floods that interrupted supply chains are to blame. What Microsoft did not say…
Vikram Pandit, the CEO of Citigroup (NYSE: C), wants more transparency of balance sheet risks at all financial institutions. It is a convenient argument because Citigroup has been forced into a series of disclosures not faced…
Dell’s (NASDAQ: DELL) habit of coming to market with products well after its competitors do continues. Reuters reports that the PC company will launch a tablet later this year. Dell management says it prefers…
The Germany economy is so strong that it might have avoided the downdraft created by the trouble in Europe. Its export levels have been strong enough and its consumer activity robust enough that these…
Germany’s economy took a step closer to recession. The government announced that its GDP grew at 3%, which was less that posted earlier. The economy contracted 0.25% in the final quarter of 2011. Export…
Dell (NASDAQ: DELL) to launch its first tablet PC late this year. (Reuters) NYSE Euronext (NYSE: NYX) and Deutsche Boerse will try to save their merger with a case for EC regulators. (Reuters) Fannie Mae’s…
The World Economic Forum laid out its concerns about 2012 in its “Global Agenda” document At the core of its analysis Dominated by the crisis in the Eurozone, economic discussion is driven by the…
A study by Nomura shows that gold is the preferred investment for institutional investors for 2012. Via CNBC: Of the 164 investors who took part in Nomura’s poll, 19.5 percent said they would choose…
Amazon.com has agreed to adopt the digital streaming technology most favored by Hollywood studios, it said at CES Bloomberg reports: Hollywood’s effort to sell digital copies of movies got a boost when Amazon.com, the…
The Research Center for Generational Contracts at Freiburg University says that as of 2009, state funded pension obligation among 19 area nations total $39 trillion. There is not suggestion in the research about where…
Gallup has announced that one of its polls shows an uptick about how American fell about the direction of the US The firm reports that Eighteen percent of Americans are satisfied with the way…
Reuters reports that Dell will launch a tablet PC late this year. Dell is well behind market leader which include Apple and Samsung which may make a successful introduction difficult The new service reports…
The government of India will allow foreign companies to operate in the world’s second largest nation. This opens the door for firms like Starbucks and Ikea. According to Reuters The government ratified a Nov. 24 cabinet…
Intel announced that it has set deals for its microprocessors to run in Motorola and Lenovo smartphones. The world’s largest chip firm has tried for two years to take market share away from industry…
Germany’s GDP rose 3% in 2011 which was less than expected. Worse, Q4 GDP was down by .25%. It is a sign of weak demand for its goods and services in the EU. The…
MetLife said it would exit the business of originating forward residential mortgages. MetLife expects $90 to $110 million, after tax, in costs related to exiting the business to be incurred over the next year, with…
It has been a busy day at Eastman Kodak (NYSE: EK). Early in the morning, the company announced a major reorganization. In the afternoon, Kodak announced patent suits against Apple (NASDAQ: AAPL) and Taiwan-based…
The Centers for Disease Control report that binge drinking is a much larger problem than previously realized and that the habit is costly. The CDC’s new “Binge Drinking: Nationwide Problem, Local Solutions” reports says New…
The General Accounting Office has released a statement in which it essentially has misled the public about the taxpayer costs of the TARP and related programs. Most of the costs not mentioned in Treasury…
AMR, the parent company of American Airlines, which is currently in Chapter 11. It may be able to break a large number of airplane leases which could save several hundreds million dollars. The final…