France is about to fall into a recession according to its statistics bureau– the National Institute of Statistics and Economics. France is already on a credit watch with negative implications according to Fitch. Many…
Amazon.com is the largest e-commerce retailer in the world. In the third quarter of this year the company’s net sales increased 44% to $10.88 billion, compared with $7.56 billion in the third quarter of…
nationsonline.orgA de facto collapse of the eurozone may occur before the end of 2011. It is unlikely, but it is possible. This possibility is new and relates to the lack of ability of the region’s largest…
It took the better part of a year. The owners of Saab sought capital all over the world, and the search ended in China. But a deal with local manufacturers and a government bank could not…
Fitch is skeptical that European Union officials can solve the sovereign debt crisis. (Reuters) The rising U.S. deficit could undermine health care reforms. (Reuters) The S&P 500 may not close in the black for…
Saab finally succumbed to its inability to get a car off the assembly line. The company has not produced a car since last April. It declared bankruptcy today. Zhejiang Youngman Lotus Automobile and a local…
Covering a wide range of industries and behaviors, the 10Q Detective lists some of the more sophomoric — and predictable — regulatory filings made to the Securities and Exchange Commission in 2011: Hewlett-Packard (NYSE:…
The death of Kim Jong-il caused markets to falter on fear the North Korea’s leadership may be in question. This, in turn, could cause unrest in a nation which is believed to have nuclear…
The Federal Reserve will probably accept the Basel accords which would make US banks hold more capital. According to The Wall Street Journal, While big U.S. banks that are asked to maintain higher cushions could be…
One of the richest and most famous investors in the world, Prince Alwaleed bin Talal of Saudi Arabia, has bought a $300 billion stake in microblogging company Twitter. Prince Alwaleed bin Talal is famous for risking investments in firms like Citigroup…
Google (NASDAQ: GOOG) continued to hold its huge lead in US search engine share. In November, the figure was 65.4%. Yahoo!’s (NASDAQ: YHOO) was next at 15.1% and Microsoft (NASDAQ: MSFT) was next at…
The 15% improvement in e-commerce which began with the Black Friday weekend has continued at a nearly identical pace since then. Some analysts were concerned the American consumer would spend whatever money he had early…
France’s AAA rating, which has been threatened for months by concerns about a Europe recession, eurozone contagion, and its debt level moved closer to perilous levels, as Fitch reexamined it rating. The credit agency also said…
nationsonline.orgIn another blow to the belief the European leaders have begun to gain control of the region’s sovereign debt problem, Moody’s downgraded Belgium by two levels to Aa3 and placed its sovereign paper on negative…
Ireland announced that it Q3 GDP dropped 1.9% quarter compared to previous quarter. That puts it in a class with Greece which has suffered a similar contraction, but not by much. Ireland is a…
It is credible to say that many parts of Europe are in the grip of a new recession. It is equally credible to say that the U.S. economy could contract and that China’s GDP…
Car sales in Europe fell last month for the first time in five months. It is no wonder. The economy in the region has approached the level of ruin. Most nations in the eurozone…
Bill Gross, the bond king, should spend less time on television and more time in his office shoring up the poor results of his PIMCO Total Return Fund. It has had $17 billion in…
It does not matter who runs the New York Times Company (NYSE: NYT). The clock is slowly winding down on its viability as a standalone company. The newspaper industry has been wounded too badly …
International Monetary Fund chief Christine Lagarde said that if the eurozone crisis in not solved, the global economy could be damaged nearly beyond belief. She reasons that the sovereign debt crisis cannot be contained. This means…