Today’s ratings actions are led-off by Moody’s affirmation of its ‘A2’ senior unsecured and ‘Prime-1’ short-term ratings on United Technologies Corp. (NYSE: UTX). The affirmation follows United’s announced acquisition of Goodrich Corp. (NYSE: GR)…
At mid-morning, the DJIA is down more than -300 points on concern that the global economy is once again heading for a recession. There are few winners today, and most of those are ETFs…
Just in case anyone believed that Apple Inc. (NASDAQ: AAPL) was being seriously threatened by competitors to its iPad tablet, that belief can probably be put to rest for a few years. Combined sales…
Photo by Spencer Platt/Getty ImagesWhether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440 billion or…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Apple, Inc. (NASDAQ: AAPL), Red Hat, Inc. (NYSE: RHT), Netflix, Inc. (NASDAQ: NFLX), Yahoo!,…
Updated throughout the day Hewlett-Packard (NYSE: HQP) may hire Meg Whitman as CEO (various) KDDI will begin to sell the Apple (NASDAQ: AAPL) iPhone in China (Nikkei Business) The UAW is having trouble coming…
China’s economy could defy gravity for only so long. Based on the nation’s new PMI numbers, the global economic slowdown has undermined manufacturing there. This is likely to be the start of a slide…
There may be a few financiers and hedge fund managers at the top of the Forbes 400 rich list. Most of the people on it, however, are individuals who have founded or run companies…
Advertising revenue at the New York Times (NYSE: NYT) will be off 8% in the third quarter, according the company’s CEO, Janet Robinson. She made the comments at a gathering of analysts. And she…
Stock markets across the world have dropped by amounts that will certainly cause a large sell-off when the US opens at 9.30. Analysts blame the Federal Reserve’s announcement about bond purchases and a weak…
China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when salary and…
The House defeated a spending bill to fund the federal government passed September 30. (Reuters) United Technologies (NYSE: UTX) will buy Goodrich (NYSE: GR) for $16.5 billion. (Reuters) China’s PMI for September was weak.…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Adobe Systems Incorporated (NASDAQ: ADBE), Oracle Corporation (NASDAQ: ORCL), and Orexigen Therapeutics (NASDAQ: OREX).…
Yahoo! Finance: Fed is expected to take new action to lift economy Zerohedge: Greece’s main labour union calls 24-hour anti-austerity strikes for October 5th and October 19th according to a union official Bloomberg: United…
Updated throughout the day Apple (NASDAQ: AAPL) has been granted 20 patents in China (Reuters) Samsung may use courts to try to block sales of the new Apple (NASDAQ: AAPL) iPhone 5 in some…
If pessimism is a marker for the ability, or lack thereof, to turn the economy around, there is little reason to be optimistic that things will get any better soon. According to a new…
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…