Flickr, Images of MoneyThe housing market is down — sales, prices, applications. And there is glut of research that shows how much and why. The Federal Housing Finance Agency said that in October prices fell 0.2%…
The AMR bankruptcy has raised the issue of what terms a judge will set for the airline to buy plane and what terms will be set to cancel leases. The decisions could have broad ranging effects…
http://platform.twitter.com/widgets/hub.1324331373.htmlIn a move to increase its wireless footprint, AT&T bought spectrum from Qualcomm (NASDAQ: QCOM) According to Reuters AT&T Inc said late on Thursday that it won regulatory approval to buy wireless spectrum from…
The markets moved into Christmas weekend, seemingly without a care. Markets across Asia and Europe rallied despite concerns about eurozone sovereign debt and a global slowdown. The only cause for cheer is a deal…
Retail sales this holiday season are expected to rise 3.8% to a record of $469.1 billion, according to the National Retail Federation. While the increase is less than last year, it is a significant…
The list of reasons that Best Buy’s (NASDAQ: BBY) board should fire CEO Brian Dunn just got longer. A number of orders made by customers from bestbuy.com will not be delivered by Christmas. And,…
Verizon Wireless’s 4G superfast wireless network has been down intermittently. That could drive off customers. And the network is at the heart of Verizon’s (NYSE: VZ) campaign to gain customers from AT&T Wireless and Sprint-Nextel…
The reaction to recent economic data may be a false positive. Americans largely are dissatisfied with the way that things are going in the U.S. This is despite an apparent upturn in consumer spending and…
It is amazing how large multinational car companies can see into the future and predict their sales with certainty. Toyota (NYSE: TM) says it will sell 8.48 million cars and light trucks next year.…
Toyota (NYSE: TM) forecasts that it will sell 8.48 million cars and light trucks worldwide next year — up 20% from 2011. The prediction is based on two factors. The first is that the Japanese…
http://platform.twitter.com/widgets/hub.1324331373.html Yahoo! (NASDAQ: YHOO) is working on a deal with Alibaba to sell part of its stake in the Chinese company. (Reuters) Toyota (NYSE: TM) expects record sales next year of 8.48 million, up…
A lack of clarity about eurozone and large drawdowns of ECB loans by area banks made markets uneasy. In Asia, the Nikkei 225 dropped .75% to 8,397. The Hang Seng was down .21% to 18,378.…
Airbus should deliver 1,600 plans this year, according to Reuters. This would push Boeing’s (NYSE: BA) market share to near a recent low. Airbus’s A320 model has sold particularly well. Boeing has not been…
Toyota (NYSE: TM) expects record sales of 8.48 cars and light vehicles next year, 20% higher than this. The company believes its drive higher will be helped by the ability to get its production from…
http://platform.twitter.com/widgets/hub.1324331373.html Yahoo! (NASDAQ: YHOO) may set a deal to sell part of its Asia assets in a deal worth $18 billion. The transaction would involve a drop in its ownership of Alibaba from nearly…
Nokia (NYSE: NOK) and Microsoft (NASDAQ: MSFT) may have an interest in buying Research In Motion (NASDAQ: RIMM) (WSJ) Amazon (NASDAQ: AMZN) may have an interest in buying RIM (Reuters) China hackers were able…
Prosecutors raid Olympus to gain data in a probe of the accounting scandal at the company. (Reuters) Bank of Japan says it will hold to current policies as the economy in the Asian nation…
Gallup data confirms what Comscore and National Retail Federation research have already hinted. Holiday sales in 2011 may rise to levels that were hardly dreamed of just months ago. This will encourage economists to…
Oracle (NASDAQ: ORCL) earnings missed almost all Wall St. estimates and its shares fell 8%. The company has been among the most successful in the tech sector for years. Was the report a sign…
Italy’s GDP dropped o.2% from the second quarter to the third. This will undermine hopes that expansion coupled with austerity will quickly bring Italy’s deficit lower. That, in turn, should bring down the nation’s…