Updated throughout the day. Sberbank of Russia may make an offer for the Turkish unit of troubled Belgian-French financial group Dexia (Les Echos) Yahoo! (NASDAQ: YHOO) is in the early stages of the sale…
Zipcar (NASDAQ: ZIP) brought new convenience to the car rental market, but whatever moat it created has been damaged by the actions of America’s largest car companies and their car rental partners. The Zipcar…
ChartThe U.S. Census put out its analysis of home ownership recently and there was confusion about why certain cities had home ownership of more than 75%. The reason is obvious. Cities with high rates…
Sony-Ericsson is one of the great losers in the smartphone race, which has largely been won by Apple (NASDAQ: AAPL) and Google’s (NASDAQ: GOOG) Android-based phones. Yet, Sony (NYSE: SNE) foolishly wants to buy…
The Boston Consulting Group has issued a long report that says manufacturing jobs that moved to China in recent years will return to the U.S. That will only be true to the extent China…
Sony (NYSE: SNE) may buy Ericsson out of their smartphone joint venture. (Reuters) Geithner says problems with EU sovereign debt pose a significant risk to the global economy. (Reuters) A bill that would label…
With fears of a new economic downturn, investors have become concerned about sales and profits of large companies. But there are companies that have already proven themselves in the recent recession. They also offer…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of JC Penney Company, Inc. (NYSE: JCP), LM Ericsson Telephone Company (NASDAQ: ERIC), Target Corporation…
Microsoft (NASDAQ: MSFT) considers an offer for Yahoo! (NASDAQ: YHOO) (Reuters) The European Banking Authority will begin new stress tests to cover problems with sovereign debt holdings (FT) Douglas A. McIntyer
Steve Jobs was the greatest genius of the American technical age, which started with the launch of the PC and the operating systems that ran it. He was uniquely American, because his brand of…
The enterprising can find a way to make money on almost anything. Scandinavian shipowners claim that the melted Arctic ice cap has created shipping lanes that will make ocean transport more efficient — and…
Treasury Secretary Tim Geithner told the House Financial Services Committee what almost every educated person in America and Europe knows. The EU sovereign debt and bank balance sheet crises will have effects well beyond…
Chart Consumer spending moved down fairly sharply in September. It is not just a sign of slowing. If a new Gallup tracking poll is right, improvements in consumer activity that occurred in late 2010…
Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56. Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters) Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data plan. (Reuters)…
The man who will be remembered by many as the greatest American CEO, Steve Jobs, is dead at 56. He was the founder, and until recently chief executive of Apple (NASDAQ: AAPL) He pulled…
Gas prices are falling. In fact, they’ve declined to lows not seen in months. Concerns of yet another global recession have caused oil prices to drop, and with them, gas prices. In the U.S.,…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Apple, Inc. (NASDAQ: AAPL), Alcatel-Lucent (NYSE: ALU), Research In Motion Limited (NASDAQ: RIMM), and Walgreen…
Updated throughout the day. Yahoo!’s (NASDAQ: YHOO) bankers have prepared financial data for potential buyers (various) Super committee issues have come down to taxes and cuts in entitlements programs (Reuters) The EU will seek…
The research firm Markit finally confirmed what economists and politicians had feared. The September PMI of the 17-nation eurozone showed trouble. The final number is 49.1, with anything below 50 a sign of private…
The launch of the new iPhone disappointed Wall St. But Apple’s (NASDAQ: AAPL) decision not to significantly upgrade the smartphone is a signal that it believes the first half of 2012 will be the…