Updated throughout the day. The FTC has readied a complete investigation into Google’s (NASDAQ: GOOG) dominance in search. (Bloomberg) A sale of Warner Music Group (NYSE: WMG) could happen as early as this week…
Chrysler made money in the first quarter, a victory for the downsizing of the US car companies and modest vindication of the taxpayer bailouts of the auto industry. The Treasury will still lose money…
There was little market reaction to the death of Osama bin Laden and there is not likely to be one. European markets were barely higher after the news. France’s CAC 40 was up only…
The Greek government has begun to float the trial balloon of a lengthened period over which it repays its 110 billion euro bailout loans. Greek Finance Minister Georges Papaconstantinou once again ruled out a…
AAA reports that the average price of a gallon of gasoline yesterday was $3.943. A year ago, that figure was $2.885. The price of regular in many large states like California and New York…
The death of Osama bin Laden raised US futures and the dollar and pushed crude oil lower. (Reuters) The US helped cut the amount of oil China imported from Iran to punish the ruling…
When historians look back on the recent recession, the growth of the American deficit, and the debate to control the national debt, they will be awed that voters blamed Congress and the Administration for…
There is almost nothing worse a public company can get from its auditors than a “going concern” opinion. That means that there is a good chance that the corporation in question cannot make it…
For generations, large and small cities saw orchestras, operas and other classical music organizations as part of civic life. Now, many are in deep financial trouble with no relief in sight. The reasons for…
Today’s report on commodities begins with some sobering news from Chinese steel makers and some roaring news from a maker of heavy equipment. Lumber prices remain low, but arabica coffee beans are at their…
A great deal of the most harsh business press is related to Warren Buffett companies and the Sokol insider trading scandal. The puts Berkshire Hathaway and Lubrizol on the list Allergan received negative coverage…
Updated throughout the day Blackstone (NYSE: BX) and Callaway (NYSE: ELI) may buy Fortune Brands (Reuters) Alcatel Lucent and Siemens may have an IPO of their enterprise joint venture (Bloomberg) Douglas A. McIntyre
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Coinstar Inc. (NASDAQ: CSTR), Research In Motion (NASDAQ: RIMM), Sonic Corporation (NASDAQ: SONC), Sunpower Corporation…
Spain made an important announcement about its first quarter economic activity and another about the month of April. The National Statistics Institute said “La tasa de paro crece casi un punto y se sitúa…
The carefully followed HSBC measure of China’s purchasing manufacturing index showed flat activity in April. The number was the same as March at 51.8. The figure is below the longer term trend over the…
Wall St. was disappointed by the sales of Microsoft’s (NASDAQ: MSFT) Windows products as the world’s largest software company announced earnings for the quarter which ended March 31. Microsoft’s two enterprise software units did…
Corporate pensions, municipal pensions, state pensions — each category has funds that have run out of money and certainly many are running low. The fate of the UAW pensions was a critical part of…
Nasdaq (NASDAQ:NDAQ) and ICE may make a hostile bid for NYSE Euronext (NYSE: NYX) (Reuters) Silver and gold are near all-time highs (Reuters) The House Budget Chair favors a cut in oil subsidies (Reuters)…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Akamai Technologies (NASDAQ: AKAM), Flextronics Technologies (NASDAQ: FLEX), The Fresh Market (NASDAQ: TFM), and Urban…
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…