BP plc’s (NYSE: BP) deal to drill in the Arctic dissolved as its venture with Rosneft faltered (Reuters) Hewlett-Packard (NYSE: HPQ) will release results early after a note from its CEO was leaked (Reuters)…
Finally, there is some good news about state finances. Lawmakers in Delaware, for instance, are debating about how to spend a projected $320 million surplus. You read that right. Special interest groups are circling…
Updated throughout the day. Glencore raised the mid point of its IPO price (Reuters) Research In Motion (NASDAQ: RIMM) will recall 1,000 PlayBooks (Engadget) Chrysler’s deal to refinance its debt has hit roadblocks (WSJ)…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of CNinsure, Inc. (NASDAQ: CISG), Orthovita, Inc. (NASDAQ: VITA), and SIGA Technologies (NASDAQ: SIGA).…
Americans’ optimism about an economic recovery, which was already very fragile, has turned downward. A new Gallup poll says that “Three in four Americans name some type of economic issue as the `most important…
The arrest of Dominique Strauss-Kahn, head of the IMF, on sexual assault and other serious crimes, immediately raised the question of how the organization would carry on. His able deputy, John Lipsky, will take over…
The National Academies, which includes The National Academy of Science and the National Research Council among its members, has released its America’s Climate Choices study which is the final volume of a series. “The…
Treasury Secretary Timothy Geithner should be the Administration’s standard bearer as it negotiates furiously to raise the debt ceiling. He sent another one of a series of letters to members of Congress in which…
The debate about closing the American deficit has gotten so contentious that the Treasury Department told Congress recently that the US could default on its obligations and throw the global capital markets into chaos…
IMF head Dominique Strauss-Kahn was charged with sexual assault in NYC (Reuters) Glencore raised the mid-point of the price range of its IPO (Reuters) Research In Motion (NASDAQ: RIMM) recalled 1,000 Playbook netbooks (Reuters)…
No US politician ever lost an election by opposing a nuclear waste dump. That’s why the latest report on from a US Department of Energy commission will end up in the same garbage can…
Boston Scientific (NYSE: BSX) lost ground after it disclosed that its short-term CEO, Ray Elliott, would leave. Elliott joined the firm two years ago to engineer a turnaround which never happened. Yahoo! (NASDAQ: YHOO)…
Sysco’s (NYSE: SYY) earnings, which were announced last Monday, drove the stock higher by nearly 13%. Goldman Sachs commented that Dean Foods (NYSE: DF) share price could double in two years. Macy’s NYSE: M)…
The Dow Jones industrial average, the best-known barometer of the U.S. stock market, has been on a tear recently, gaining more than 16% over the past year. Investors have not yet recovered the losses…
Today’s commodities news starts off with a drawdown on copper from bonded warehouses in Shanghai. There are also new doubts about the US corn crop, and we finish up with a brief take on…
Economist Joseph Stiglitz would win the Nobel Prize for plain talk if such an thing were ever awarded. Stiglitz, a professor at Columbia University, had a simple message today for political leaders in European…
Today’s alternative energy news leads off with a warning from Evergreen Solar, Inc. (NASDAQ: ESLR) that it may not be able to continue as a “going concern.” The state of Connecticut has rejected a…
Twitter has, by most estimates, 175 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…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of NVIDIA Corporation (NASDAQ: NVDA), Penson Worldwide (NASDAQ: PNSN), Vermillion, Inc. (NASDAQ: VRML), and Yahoo! Inc.…
Updated throughout the day Google (NASDAQ: GOOG) is about to settle government charges over millions of dollars in bad pharma ads it ran (WSJ) China will limit rate increases for the balance of the…