Ever since Advanced Micro Devices, Inc. (NYSE: AMD) forced out former CEO Dirk Meyer in January it has been hunting fruitlessly for a new leader. Several candidates are reported to have rejected an approach…
More than a year ago the Federal Energy Regulatory Commission issued a proposed rule for planning and paying for upgrades to the national electricity grid. The agency released its final rule yesterday on how…
Throughout July stock mutual fund capital outflows have continued the pattern established in June, when $18 billion in outflows was logged. Worries over Europe’s debt troubles and the threat of a US debt default…
Since posting a high over $49.50 in late April, silver has been treading water at around $35/ounce. But there are several analysts who believe that the devil’s metal is looking good for another breakout…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of SmartHeat Inc (NASDAQ: HEAT), Sify Technologies Limited (NASDAQ: SIFY), and Sandisk Corporation (NASDAQ: SNDK).…
This is the Twitter-24/7 Wall St. market report for July 22, 2011. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Updated throughout the day. Apple (NASDAQ: AAPL) may enter the bidding for Hulu (WSJ) Obama and Boehner have had secret meetings to settle the budget crisis (NYT) Douglas A. McIntyre
GE (NYSE: GE) rode the strength of its largest divisions to an unexpectedly strong quarter. Revenue at it huge energy infrastructure business rose 9% to $10.4 billion. Revenue from the firm’s aviation operations rose…
NokiaWhy does troubled handset company Nokia (NYSE: NOK) own NAVTEQ, which is a map and traffic software company? The unit competes with several powerful rivals, including Microsoft (NASDAQ: MSFT), Google (NASDAQ: GOOG), and a…
Buried in the documents that cover the Greek bailout are inexact plans to get the economy of the southern European nation back on track. The success of the rescue depends in large part on…
Chrysler is no longer an American-controlled company. Fiat bought the last stake owned by the U.S. government and now has 53% of the equity in the No.3 U.S. car firm. Taxpayers did not do…
Americans have begun to lose confidence in the economy again. Gallup data shows the figure is back to the level of March 2009 — three months before the last recession ended. The federal government…
Microsoft (NASDAQ: MSFT) posted strong results, but Windows revenue may continue to drop as PC sales fade (Reuters) The Justice Department will look into whether the advertising operations of News Corp (NYSE: NWS) hacked…
The U.S. housing recession is so deep that an average home takes nearly a year to sell. In the hardest hit areas, it can take several years. Just ask residents of Detroit, Nevada, and…
Women control about $19 trillion of wealth, including earned and inherited assets, which accounts for more than three-quarters of our nationʼs financial resources. The vast majority of women must handle their own finances at…
Conflicting signals from the US housing market are nothing new. For every forecast that the situation is improving, there is at least one competing forecast that things are getting worse. Today we get some…
For the first time in more than a month, WTI crude oil has touched the $100/barrel mark after falling below $91/barrel in mid-June. The move is likely the result of yesterday’s IEA report that…
S&P put out another report on US sovereign debt and the likelihood of a default if an increase in the debt cap isn’t passed. S&P lays out three scenarios for whether and how the…
We’re seeing some big moves in the just after opening this morning. Some is good news, and some is not. First the bad news. Seagate Technology PLC (NYSE: STX) is crumbling this morning following…
The headline grabber in the telecommunications sector is the pending $39 billion acquisition of Deutsche Telekom’s T-Mobile by AT&T. The deal is running into opposition in Congress from both Republicans and Democrats who complain…