Aluminum prices climbed by more than 10% from January through April this year, to rise above $1.22/pound before losing all it had gained and returning to about $1.10/pound. At today’s price of around $1.12/pound,…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of SINA Corporation (NASDAQ: SINA), Sirius XM Radio Inc. (NASDAQ: SIRI), and Spreadtrum Communications, Inc.…
MySpace will be sold by News Corp (NYSE: NWS) to one of two suitors for $30 million (WSJ) Zynga will post details of it IPO which will value the company at $20 billion (Reuters)…
It is easy to believe that every city, county and state government in the country is deeply in debt and in need of higher taxes and budget cuts. This even extends to the federal…
Microsoft (NASDAQ: MSFT) launched its new cloud product, Office 365. Many of the business clients of the world’s largest software company no longer want Office to run on their PCs and servers. These customers…
It may not seem like much when gasoline costs $3.70 per gallon of regular, but Wal-Mart will cut gas prices by a dime for the next 90 days. While it may not do much…
The S&P Case-Shiller report showed home prices dropped another 3% to 4% in the nation’s twenty largest markets in April. The amount was 7% or worse in five markets compared to April of last year.…
Odds that a Greek austerity bill will pass rose. (Reuters) Bank of America (NYSE: BAC) is near a deal to settle an MBS charge for $8.5 billion. (Reuters) A new Google (NASDAQ: GOOG) feature…
Last week, SmartMoney published an article titled “5 Sites for Hot Stock Tips.” 24/7 Wall St. was honored to be included. According to the site, we have a simple mission: Summarize just-released investment research and…
Homeowners continue to see the value of their houses drop. The problem is much worse in some markets than others. S&P Case-Shiller released its data for April. The 10- and 20-City Composites fell 3.1%…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Icagen, Inc. (NASDAQ: ICGN), SIGA Technologies, Inc. (NASDAQ: SIGA), and Westport Innovations Inc. (NASDAQ:…
Updated throughout the day. Germany’s big banks will meet to discuss Greek debt (Bloomberg) Microsoft (NASDAQ: MSFT) will release a cloud-based version of Office (Bloomberg) Douglas A. McIntyre
Photo by Spencer Platt/Getty ImagesOne theory of economics says that any market can return to a point where it has been in the past. The Great Recession was, by some measures as bad as…
The Financial Times reports that large European banks may extend the repayment terms on Greek debt to a period as long as 30 years. That will not be called a “default,” which shows how…
Barely a week goes by without the release of research about all the new things that smartphones do now or will do in the future. The future profits of smartphones appears to be the…
Pew’s internet research arm says that e-reader adoption has outpaced tablet PCs. The share of adults who own e-readers in now 12%, up from 6% last November. Only 8% of adults use tablet PCs.…
Wages worldwide have stagnated and consumer spending has been pressured by rising commodities prices. People may not be able to afford to buy cars and houses. It turns out, however, that they can afford$100…
Microsoft (NASDAQ: MSFT) will launch a cloud version of Office to compete with Google (NASDAQ: GOOG). (Reuters) Oil fell on Greek debt concerns. (Reuters) Sony (NYSE: SNE) said its protected content made it a…
Members of the press nearly always place themselves above politicians, military officers, and even evangelists in their own minds. It is an odd decision, although it is at the core of how the news…
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…