There has been a fair amount of media coverage of the forecast for holiday sales released by the International Council of Shipping Centers. The numbers are worse than they seem at first. The forecast…
Oracle (NASDAQ: ORCL) posts strong earnings due to corporate IT strength. (Reuters) Federal Reserve probably will ease monetary policy to help a struggling economy. (Reuters) GM’s (NYSE: GM) labor deal will create some jobs…
“Never apologize. It’s a sign of weakness” — John Wayne as Captain Nathan Brittles in She Wore a Yellow Ribbon (1949) CEOs are rarely in the business of apologizing. They leave the “I’m sorry”…
Microsoft (NASDAQ: MSFT), with too much cash and too little growth in Wall St.’s opinion, increased its dividend. But, investors could well be wrong. Microsoft may be about to experience a surge of growth…
It does not appear that CEO Reid Hastings’ ‘mea culpa’ for mis-communicating the recent changes in the operations of Netflix Inc. (NASDAQ: NFLX) will quell the anger caused by the announcement that the company…
Customer satisfaction with purchases of durable goods in 2011 remains virtually identical with 2010 levels most likely as a result of falling prices. A survey of customer satisfaction with personal computers, appliances, and consumer…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Apple, Inc. (NASDAQ: AAPL), Micron Technology, Inc. (NASDAQ: MU), Pultegroup, Inc. (NYSE: PHM), and SkyPeople…
MarketWatch: U.S. housing starts for August drop 5% to lower-than-forecast 571,000; building permits up WSJ: Price an Issue in United Technologies-Goodrich Talks Zerohedge: Housing Starts 571K vs Exp. 590, Prior 604K Yahoo! Finance: UBS…
Updated throughout the day. The SEC is examining whether anyone profited from trading ahead of the rating agency downgrade of US debt (WSJ) Samsung may sue Apple (NASDAQ: AAPL) issues on from its new…
The data on consumer spending and consumer confidence continues to be mixed, although the trends increasingly appear negative. Economists say that these numbers are directionally correct. However, so many studies are issued on the…
President Obama wants millionaires and billionaires taxed at a rate as least as high as the one school teachers pay. That plan is among the key issues between the Administration and Republican members of…
Boeing (NYSE: BA) and Airbus may have upgraded their estimates for future orders. Many large airlines may be marginally more profitable this year than they were last. But the world’s largest airline association does…
Obama offers a $3.6 billion deficit reduction plan that includes a tax on the rich. (Reuters) S&P cuts Italy one notch and says its outlook is negative. (Reuters) Head of UBS (NYSE: UBS) seeks…
The number of people 65 and older will surge in the next two decades, as baby boomers age. In the future, many of these older Americans will increasingly rely on public transit because they can no…
Italy is the largest of the southern European nations which has been engulfed by the debt crisis, and the one the the EU and IMF can least afford to bail-out. S&P downgraded the country’s…
The US Energy Department’s Energy Information Administration has released its latest global projections and the headline numbers are not terribly surprising. The agency expects energy use to rise by 53% by 2035 and that…
How could the federal government waste over 50% of the money it spends? Where could it possibly go? A new Gallup poll shows that “Americans estimate that the federal government wastes 51 cents of…
by Ariel Wittenberg, ProPublica, Sep. 16, 2011, 1:38 p.m. Experts say the cascading blackout that put millions of Westerners in the dark last week was no surprise: Major power outages have more than doubled in…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Bank of America Corp. (NYSE: BAC), Citigroup, Inc. (NYSE: C), Caterpillar, Inc. (NYSE: CAT), Netflix,…
One of the largest parts of the Obama administration’s new bill to create jobs is a plan to put hundreds of thousands of people to work repairing the nation’s infrastructure. A report on the…