Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters) Bernanke says the Fed may have to act if inflation falls below targets. (Reuters) Amazon.com…
The number of cars and light trucks sold in the U.S. fell 25% over the past five years, from over 16.4 million for the model year beginning September 2005 to 12.4 million in the…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Amazon, Inc. (NASDAQ: AMZN), Avago Technologies Ltd. (NASDAQ: AVGO), Chesapeake Energy Corporation (NYSE: CHK), Comtech…
One of the attractions of Google’s (NASDAQ: GOOG) Android operating system is that it is open source. That makes it free to use for manufacturers. That advantages has begun to go away. Samsung just…
The Wall Street Journal reports that Hewlett-Packard (NYSE: HPQ) has hired Goldman Sachs (NYSE: GS) to defend it from activist shareholders. Updated throughout the day Apple (NASDAQ: AAPL) will launch the new iPhone on…
Several large internet-based media companies have said third-quarter advertising sales are soft. There is also the problem of Facebook, which now controls a quarter of all the online display inventory in the U.S. Industry…
Productivity has grown enough among U.S. private companies that it may be the single largest hurdle the job market in America faces now. New research from Sageworks shows that per-employee profit will be $15,278…
Larry Page, CEO of Google (NASDAQ: GOOG), believes the company is its own worst enemy. Perhaps he has not looked around at the competitive landscape. Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and a few…
IPOs of Citic Securities and Great Wall Motor struggle, a sign that offerings from China are in trouble. (Reuters) The unresolved Greece problem continues to damage markets. (Reuters) Amazon.com (NASDAQ: AMZN) may price its…
Air pollution can pose a serious health risk. Respiratory conditions, cancer, heart disease and other ailments are linked to air pollution. The World Health Organization estimates 1.34 million people died in 2008 from breathing…
GS.COMWeakness in the capital markets could lead to another round of firings at the largest banks in the US as they try to bolster earnings. Goldman Sachs Group Inc. (NYSE: GS) might be next…
Updated throughout the day. Acer will use problems at Hewlett-Packard’s (NYSE: HPQ) PC division to add customers (Reuters) Goldman Sachs (NYSE: GS) is prepared to make deep budget and personnel cuts (NYT) Douglas A.…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Amazon.com, Inc. (NASDAQ: AMZN), Brigham Exploration Company (NASDAQ: BEXP), JA Solar Holdings…
The Federal Housing Finance Agency Office of the Inspector General reports that Freddie Mac made a poor deal when it settled claims about bonds sold to it by Bank of America (NYSE: BAC). The…
Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C) rose 3%…
The heads of the Organisation for Economic Co-operation and Development and the International Labour Organization want the world to know that there is a global unemployment problem, particularly among developed countries, and that the…
It is odd that economic confidence should be tied to the stock market. According to Gallup, it is, even though the great majority of American do not own stocks — at least not directly. …
World stocks rise on the hope that the eurozone will address its financial problems. (Reuters) Apple (NASDAQ: AAPL) shares fall because of rumors that iPad production is low. (Reuters) Warren Buffett’s Berkshire Hathaway (NYSE:…
Of the 7,800 bonds in the U.S. secured by state or local governments, only 25 are currently speculative-grade, or junk-bonds, rated by Moody’s Ba1 or lower. Only municipalities received such low ratings, and the…
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the boards of…