Updated throughout the day. Chrysler and Fiat will merge soon (Reuters) Walmart (NYSE: WMT) will launch a new streaming movie service (various) The USPS will announce closing of as many 3,000 offices (various) Douglas…
Most of the focus on tech earnings this season has been on the extraordinary gains of Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG) and even older companies like Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC).…
The financial advantages of being white in American get better by the year. That is the conclusion of a new study from the Pew Research Center. Blacks and Hispanics have not enjoyed the same…
Baidu (NASDAQ: BIDU), the most used search engine in the largest internet market in the world, has come of age. The company will be larger than Yahoo! (NASDAQ: YHOO) in a year, at its…
The odds that the U.S. will default on its debt on or after August 2 increase each day. Some credit analysts believe the odds are in favor of insolvency. In the event of default,…
Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this morning, at $41.10/ounce and…
Analysts at a number of investment banks suggest that BP plc (NYSE: BP) follow the lead of ConocoPhillips Corp. (NYSE: COP) and Marathon Oil Corp. (NYSE: MRO) in splitting off the company’s downstream refining…
Coca-Cola (NYSE: KO) has been hurt by high commodities prices. Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC) damaged by drop in PC sales worldwide. The Flame Index started as a research tool in 2008…
Earnings from global leader First Solar Inc. (NASDAQ: FSLR) are due tomorrow, and while EPS estimates for the company have fallen from just over $2/share to $0.92/share in the past three months, First Solar…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of TD Ameritrade Holding Corp (NASDAQ: AMTD), E Trade Financial Corporation (NASDAQ: ETFC), News…
Many of America’s most successful companies can credit part of their strength to great customer service. Apple (AAPL) is highly regarded for the way it treats customers, both at its retail outlets and its…
Twitter has, by most estimates, 225 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Updated throughout the day. TDAmeritrade (NASDAQ: AMTD) will consider a buyout of E*Trade (NASDAQ: ETFC) (Reuters) The Quandt family, already large BMW holders, may buy a majority interest. (Reuters) China and Iran have put…
The consensus estimate for Q2 GDP is 1.6%, and there are a number of reasons to think that number will go to zero in the current quarter. The Q2 data will be released on…
Moody’s made a very sharp downgrade of Greece’s sovereign debt. The nation will still get its rescue package. Its neighbors and the IMF cannot afford to back away. “The combination of the announced EU…
The Republican House and the administration have not come any closer to legislation to increase the debt cap than they were last week, but the markets have barely reacted at all. Asia markets were…
Congress and the White House have made little progress on the debt talks (Reuters) The U.S. has come perilously close to a cut of its debt to Aa (Reuters) Moody’s warned that a Greek…
“We have now run out of time,” the president declared on Friday. Up to now, the financial markets have remained remarkably sanguine, sharing the widely-held assumption that for the United States to default on…
Brazil’s Petroleo Brasileiro SA (NYSE: PBR), commonly called Petrobras, has approved a plan it announced last September to spend $224.7 billion developing an estimated 5 billion barrels of reserves. The spending, which will happen…
Ten states added over 25,000 jobs each in the period from January to June 2011. The list was topped by Texas, which added over 117,000. Among the ten, the total net job addition was…