Google (NASDAQ: GOOG) will buy mediocre handset firm Motorola Mobility (NYSE: MMI). It is probably a play to compete with Apple. The difference is that Motorola has a relatively weak line of products, particularly…
Saab is one of the major brands that will go under this year. Once owned by GM (NYSE: GM), it has not been able to find financial backers to take it forward. So, it…
Economists were overjoyed because Japan’s GDP only contracted at an annual rate of 1.3% based on readings from the past quarter. They had expected a figure closer to 2.6%. Consumer activity was also better…
“… there’s not a country on Earth that wouldn’t trade places with us.” So President Barack Obama said in his weekly radio address. President Obama’s comments that every and any nation in the world…
Robert B. Zoellick, the World Bank Group president, recently said that the global economy had reached a “new danger zone.” He added, “I think that confidence in economic leadership has been slipping.” Please. Please.…
Time Warner (NYSE: TWC) to buy Insight Communications from Carlyle for $3 billion. (Reuters) Electronic Arts (NASDAQ: ERTS) expects holiday sales to be strong. (Reuters) Security experts say hackers may make Google (NASDAQ: GOOG)…
When it comes to saving, behavior varies widely among nations. Residents of the United States only save 5.8%. But the residents of 10 countries save more than 9% of their disposable incomes. Economists are…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Citigroup, Inc. (NYSE: C), J.C. Penney Company (NYSE: JCP), and NVIDIA Corporation (NASDAQ: NVDA).…
Yahoo! Finance: BofA chief meets top officials http://yhoo.it/ow32Dp $BAC MarketWatch: U.S. retail sales climb 0.5% in July; May and June figures upwardly revised http://on.mktw.net/nM21pH CNNMoney: Regulators imposed a temporary short-selling ban in four European…
Updated throughout the day The SEC is exploring who knew about the downgrade of US debt to AA+ before the information was public (WSJ) Wal-Mart (NYSE: WMT) may but the Brazilian operations of Carrefour…
The Hellenic Statistical Authority reported today that GDP in the country fell by 6.9% in the second quarter. It is another sign that no rescue package by the EU and IMF can cut deficits…
The U.S. Postal Service will try to cut 120,000 to 220,000 workers; the number depends on the source of the information. The Washington Post was the first medium to report the agency’s plans. The…
It is more difficult by the day to determine whether Google (NASDAQ: GOOG) Android powered devices have gained some edge against Apple (NASDAQ: AAPL). New ABI Research information shows that Android has begun to…
The slowdown or reversal of the economic growth in countries is no longer limited to the weak EU nations, the U.S., and the UK. Japan cuts its forecast for 2011 growth to 0.5%, as…
Retail data becomes the focus of Wall St. (Reuters) China locates another 22 fake Apple (NASDAQ: AAPL) stores. (Reuters) The Nikkei drops below the important 9,000 mark. (Reuters) Brent drops below $108 on demand…
Stock markets matter, and Americans should be concerned about severe market downturns. If you disagree, consider this: There have been eight major bear markets since the start of the Great Depression. All but one…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Chevron Corporation (NYSE: CVX), Cisco Systems Inc. (NASDAQ: CSCO), News Corporation (NASDAQ: NWSA), Sara…
CNNMoney: Number of people filing for initial jobless claims falls 7,000 to 395,000 in the latest week, first time below 400,000 in 4 months. MarketWatch: First-time filings for jobless claims drop to 395,000 in…
Updated throughout the day. Bank of America is shopping its position in CCB for $17 billion (Reuters) The FTC has increased the size of its probe of Google’s (NASDAQ: GOOG) search and cellphone operating…
Amazon’s (NASDAQ: AMZN) stock has outperformed Apple’s (NASDAQ: AAPL) over the past year, past two years, and past five years. But, Apple is the leader, supposedly, in the creation and marketing of tech products.…