Online sales success has become critical to major retailers. All evidence shows that e-commerce continues to grow at double-digit annual rates while in-store sales in the U.S. have barely grown at all over the…
Stocks are supposed to be the ideal long-term investment because the history of the market is that it rises relentlessly, with a few bumps along the way. But Americans have turned their backs on…
Apple’s (NASDAQ: AAPL) shares remain fairly steady in support of new management. (Reuters) The Boeing (NYSE: BA) 787 Dreamliner officially launches. (Reuters) The CEO of AIG (NYSE: AIG) talks with senior management at several…
By Lois Beckett, ProPublica, Aug. 25, 2011, 3:28 p.m.August 22, 2011 With housing prices dropping sharply, and foreclosure filings against more than 1 million properties in the first half of this year, the Obama administration…
Wikipedia/Public DomainDelta Air Lines Inc. (NYSE: DAL) has confirmed an order to Boeing Co. (NYSE: BA) for 100 new 737-900ER aircraft. Word got out earlier this week that Delta would choose the Boeing plane…
The first problem Hewlett-Packard (NYSE: HPQ) faces as it tries to sell its PC business is what an acquirer would have to pay. The second is that the PC industry is slowly dying. Dell…
Just two weeks after raising margin requirements on its 100-ounce gold contract, CME Group Inc. (NYSE: CME) has bumped the requirement again by 27%. It now costs a non-commercial (speculative) buyer $9,450 to open…
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), Cabot Corporation (NYSE: CBT), TiVo, Inc. (NASDAQ: TIVO). Apple, Inc.…
Any home sale is a good one in the current market, but banks’ sales of foreclosed properties bring down prices. These sales are still a major part of the market. According to RealtyTrac, “sales…
Short sellers appear to believe that the gyrations in the market will, on balance, bring the indices down. And some stocks, they are willing to gamble, will fall significantly. Their bets on banks are…
The Congressional Budget Office released new data that cover its forecasts for the economy in the short term and also for the next decade. The report is voluminous, but its one outstanding feature is…
Steve Jobs resigns as CEO of Apple (NASDAQ: AAPL) and will be chairman. Tim Cook to take over as CEO. (Reuters) Gold falls sharply and may be hurt by CME (NASDAQ: CME) margin requirements.…
There’s no question that in past 50 years the divorce rate in the U.S. has increased. But what really affects divorce rates? 24/7 Wall St. analyzed a report just released by the Census Bureau…
Steve Jobs resigned as Apple’s (NASDAQ: AAPL) CEO today and was elected chairman by the company’s board. Long-time COO Tim Cook assumed the chief executive’s position. His letter
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Elan Corporation, plc. (NYSE: ELN), Sprint Nextel Corporation (NYSE: S), United Therapeutics Corporation…
MarketWatch: U.S. durable-goods orders jump 4% in July, but core capital goods fall 1.5% on the month Zerohedge: US Durable Goods Orders (Jul) M/M 4.0% vs. Exp. 2.0% (Prev. -2.1%), US Durables ex-Transportation (Jul)…
Updated throughout the day. Sprint-Nextel (NYSE: S) will offer the Apple (NASDAQ: AAPL) iPhone 5 in October. (WSJ) McGraw-Hill (NYSE: MHP) will spin off its eduction business (FT) Douglas A. McIntyre
The recession beginning to develop in the EU has shown more signs of accelerating. EuroStat reports that, “In June 2011 compared with May 2011, the euro area industrial new orders index fell by 0.7%.”…
The majority of states require less and less from students in order to meet the requirements of the No Child Left Behind Act. In fact, when it comes to reading and math, most states…
The fund set aside for claims related to the Deepwater Horizon incident has paid out $5.551 billion to settle 359,441 claims paid to 204,434 claimants. The figures were issued as part of a report…