MSNBC: Retail sales, wholesale inflation unchanged in August Bloomberg: ECB lends dollars to European banks | CNNMoney: Retail sales unchanged in August, the government says. Weakness in auto sales counters higher grocery sales. CNBC:…
Best Buy needs new leadership. The current CEO, Brian J. Dunn, has had his chance to turn the company around. Nearly every news report about Best Buy’s (NYSE: BBY) poor earnings carried the same…
Several economists have described the past 10 years of the U.S. economy as a “lost decade” for the middle and lower classes. Very little has been said about the decade ahead, which is on…
Moody’s downgraded Credit Agricole and Societe Generale, which signals that the Greek credit crisis is nearly over. The agency did not say as much, but based on comments from some European officials and global…
Moody’s cuts ratings of France’s Credit Agricole and Societe Generale as Greek debt trouble spreads. (Reuters) Federal Reserve may try to help the economy with more bond purchases. (Reuters) Yahoo! (NASDAQ: YHOO) board will…
Sports teams often go through sharp swings in popularity. Attendance rises and falls. This frequently has to do with how well a team performs. When teams do well, people outside of their primary fan…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Best Buy Co., Inc. (NASDAQ: BBY), Micron Techonologies (NASDAQ: MU), and Sodastream International Limited…
Updated throughout the day. Google (NASDAQ: GOOG) Offers has little success against Groupon and LivingSocial. (Reuters) Angela Merkel may let Greece default rather than risk being thrown out of office. (NYT) China may be…
The Nielsen report on social media use is not a day old, and the press has covered it extensively. But, there is still some analysis worth mentioning. It is too early to know how…
The stock price of the New York Times (NYSE: NYT) has dropped to a two-year low, a sign that investors no longer consider a newspaper industry turnaround — particularly at the Times — likely.…
Bank of America (NYSE: BAC) will need a new CEO soon, if the market’s reaction to the current plans of chief executive Brian Moynihan remains poor. Moynihan has said he will cut 30,000 jobs…
John Chambers of Cisco (NASDAQ: CSCO) to preside over the company’s analyst meeting, perhaps for the last time. (Reuters) Merkel says the euro has no orderly method for a default. (Reuters) The Nintendo 3DS…
A Gallup poll taken last month showed that confidence in the economy has fallen to its lowest level since March 2009, which was near the low point of The Great Recession. A growing and…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Baidu.com, Inc. (NASDAQ: BIDU), JPMorgan Chase & Co. (NYSE: JPM), Netlogic Microsystems, Inc. (NASDAQ:…
BBC: Unions call for Saab bankruptcy MarketWatch: Explosion at France nuclear facility kills 1, injures 3, raises risk of leak: report NYT: Explosion at Nuclear Plant in Southern France CNBC: Greek workers threatened on…
Updated throughout the day. Amazon.com (NASDAQ: AMZN) will create a digital library (WSJ) Verizon (NYSE: VZ) will not longer pay a recurring dividend to Vodafone (NYSE: VOD) based on co-ownership of Verizon Wireless (FT)…
Greece, in an effort to get more bailout money from the European Union and International Monetary Fund, has instituted a property tax. The tax will be imposed over the next two years. And it…
The California legislature has passed a bill that gives Amazon.com (NASDAQ: AMZN) until September 2012 to pay state taxes on its e-commerce sales there. Governor Jerry Brown still has to sign the bill. This…
Carol Bartz resigns from Yahoo!’s (NASDAQ: YHOO) board. (Reuters) Lagarde disputes reports of an IMF study that shows a $372 billion capital shortfall among Europe’s banks. (Reuters) Bank of America’s (NYSE: BAC) CEO will…
The job market has remained relatively stagnant since 2009. To make matters worse, the educational requirements of the average U.S. employer have increased consistently from 2005 to 2009, recently outpacing the growth of educated…