New research shows that graduates from American business schools have a growing desire to join tech firms over investment banks and management consultancies. It is an almost certain sign that the Web 2.0 industry…
Moody’s has a simple solution to the U.S. debt cap problem and the threat over the country’s Aaa rating: Eliminate the cap completely. It is an ingenious and practical solution that would save America…
Democrats and Republicans are not closer to a deal on the debt ceiling (Reuters) The hacking scandal has pushed News Corp’s shares (NYSE: NWS) even lower (Reuters) Moody’s suggested that the U.S. eliminate its…
The S&P 500 stocks which lost the most were mostly from the tech sector. Microchip Technology Inc (NASDAQ: MCHP) was down almost 16%. The company cut it earnings guidance which was done to some…
The number of stocks that made substantial gains for the week was limited. The great exception to that rule was Petrohawk Energy Corporation Co (NYSE: HK) which jumped 62.5% on Friday after a buyout…
It’s no secret the U.S. is struggling with high unemployment and dismal job growth. But at least one industry seems to be bucking the trend. “Sizing the Clean Economy: A National and Regional Green…
Americans are watching an extreme and dangerous game of chicken played out among the most powerful of our elected officials. Who will blink first? Who will win? And what will it mean, if anything,…
The Thomson Reuters/University of Michigan consumer sentiment survey posted its lowest number since March 2009. Who says the recession is over? “The preliminary reading for the consumer sentiment index dropped to 63.8 in July…
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…
The prices of oil, gasoline, and petroleum by-products have fallen in the last 60 days, and the prices of commodities passed through to food companies and clothing retailers have risen. The government reports that…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Google, Inc. (NASDAQ: GOOG), Logitech International, Inc. (NASDAQ: LOGI), and Seattle Genetics, Inc. (NASDAQ:…
Updated throughout the day. TSMC will make some of the chips for the new Apple (NASDAQ: AAPL) iPad (Reuters) Douglas A. McIntyre
When Google (NASDAQ: GOOG) releases its earnings, it does not disclose how many searches are performed in a quarter. It must be in the hundreds of billions, at least. Google also runs hundreds of…
nationsonline.orgA test is only as useful as what it tests for. The European Banking Authority is about to release stress tests on 91 large banks in the region. What the results will not contain…
TSMC may replace Samsung as the maker of chips for the Apple (NASDAQ: AAPL) iPad (Reuters) Google (NASDAQ: GOOG) earnings surpassed Wall St. expectations and shares surged (Reuters) S&P warned the U.S. on debt…
The fate of News Corp (NYSE: NWS), already uncertain, has become more so. Rebekah Brooks, News International CEO, resigned. News Corp CEO Rupert Murdoch said he would defend her until the end. Perhaps her…
The federal and state governments spend approximately $5,296 a year on medical treatment for each poor and disabled person on Medicaid. Over 58 million Americans are enrolled in Medicaid. These average payments per patient…
Google Inc. (NASDAQ: GOOG) is out with earnings and the results are a bit stunning. The internet search giant (and digital amalgamated conglomerate) turned in earnings of $7.68 EPS and ex-TAC revenues were $6.92…
Today’s announcement by ConocoPhillips Corp. (NYSE: COP) that it would spin off its refining and marketing business has pushed the company’s share price up nearly 8% at the opening bell. Refining crude oil and…
The balance between a potential downgrade of US debt and strong bank results left the market without conviction. That leaves open the issue of whether the American debt cap and the flood of earnings…