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…
Anyone wondering whether the economic recovery is taking hold might want to take a look at yesterday’s announcement of massive layoffs from the Philadelphia School District. Faced with a mammoth $629 million budget deficit,…
Short sellers seem to have ignored the strong earnings released recently by Intel (NASDAQ: INTC) and IBM (NYSE: IBM). They have, for the most part, bet strongly that the stocks in many large tech…
China’s largest search company, Baidu (NASDAQ: BIDU,) released its first quarter 2011 earnings. The firm’s growth rate is impressive, but its total revenue is not. For the period which ended March 31. revenue was…
No matter what Ben Bernanke says about a slow economic recovery or what improved GDP growth and lower unemployment signal, many Americans still believe the economy is in horrible shape. “More than half of…
Many experts believe the Federal Reserve will keep interest rates near zero until the end of the year (Reuters) Berkshire Hathaway (NYSE: BRK.B) says Sokol deceived the company and may have violated securities laws…
Journalists who cover Congress usually believe that they are smarter than the public servants. Politicians think most journalists are biased dolts. Each group has now had a chance to publicly interview Ben Bernanke and…
by Sasha Chavkin, ProPublica, April 27, 2011, 4:45 p.m. Earlier this week the top regulator of offshore drilling denounced the lack of regulation covering the thousands of contractors on offshore facilities and said his…
Today’s commodities news highlights an SEC filing for a new agricultural ETF, a proposed pipeline that would send crude oil to the US Gulf coast, and a $500 million shelf registration from a US…
The Sony PlayStation Network hack apparently exposed personal information, including credit card data, for 77 million people. It is a hint of things to come. The PlayStation hack shows one thing: crooks can potentially…
Obscene Jeans (OTC: OBJE)., an small early stage company which is not listed on any major exchange (it is listed on OTC), has placed advertisements on the internet which have a scantily clad woman…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Broadcom Corporation (NASDAQ: BRCM), Ericsson (NASDAQ: ERIC), and Savvis Inc. (NASDAQ: SVVS). Broadcom Corporation…
Updated throughout the day. The White House may pick an associate of Wall St. critic Elizabeth Warren to run the Consumer Financial Protection Bureau (Reuters) News Corp (NYSE: NWS) will try to get a…
Good thing the gang at Standard & Poors is not in the weather forecasting business or else investors would be in real trouble. This morning’s downgrade is a case in point. S&P cut Japan’s…
NokiaNew Nokia (NYSE: NOK) CEO Stephen Elop received a signing bonus of 5 million euros to join the struggling handset company. His base salary is 1.1 million euro. The new chief executive announced today…
Daily Austerity Report feels sorry for Federal Reserve Chairman Ben Bernanke as he prepares for his first press conference this afternoon. No matter what he does, he will disappoint somebody. Bernanke, a bright, pleasant…
Wall St. did not like the last quarter earnings of Amazon (NASDAQ: AMZN) and it sold off shares of Netflix because of its lackluster forecasts. It would he hard to find companies nearly as…
The breach of the Sony PlayStation Network which exposed private records of up to 77 million customers is only one in a long line of failures which have occurred since Sir Howard Stinger became…
A potential double dip recession was a large concern a year and a half ago. There was a belief that the deep economic downturn of 2008 and 2009 could not generate enough momentum for…