IMF Asks For More Green Fuel Initiatives
Leave it to the IMF to be late in comments about the nature of the world economy and potential solutions to nagging problems. The body released a report which said that oil prices were…
Leave it to the IMF to be late in comments about the nature of the world economy and potential solutions to nagging problems. The body released a report which said that oil prices were…
Taiwan handset maker HTC posted earnings which nearly tripled last quarter to $513 million. The firm owes a substantial share of its success to Google. A very large portion of the HTC smartphones are…
The members of the Federal Reserve are more divided about what steps the central bank should take next to mute inflation and help the expansion. (Reuters) Americans are telling the Fed that inflation is…
To Daily Austerity Watch, the story of whether the federal government will shut its doors is unfolding like a bad movie, the kind that makes Attack of the Killer Tomatoes seem like Citizen Kane.…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Bed Bath & Beyond (NASDAQ: BBBY), Costco Wholesale Corporation (NASDAQ: COST), and Seaspan Corporation…
Updated throughout the day. Borders may have its restructuring killed by publishers (NYT) Goldman Sachs Group (NYSE: GS) will buy out the part of the Australian JV that it does not own (FT) Douglas…
The US may be the bread basket to the world, but the basket is closer to empty than many suppose. The price of corn has doubled in the last year to $7.50 a bushel.…
Many of the largest mall operators in the US have gone into default. The Wall Street Journal recently said that the problem is caused by the effects of the economy on small business owners and…
Portugal finally asked the EU for financial aid. The capital markets had driven its cost of borrowing too high to be sustainable. The country also had to admit that the figures from its last…
Dish Network bought the assets of Blockbuster to compete with Netflix (NASDAQ: NFLX), if the media is right. At about the same time, Netflix signed an arrangement to offer “Mad Men,” and Google (NASDAQ:…
The unemployment rate rose so fast in 2008 and 2009 that in some months the US lost more than 500,000 jobs. That trend has only begun to reverse itself this year, and the progress…
The ECB is likely to raise rates and more may come this year (Reuters) Portugal sought aid from the EU as its ability to raise money faltered (Reuters) A top M&A lawyer Mathew Kluger…
The Washington media elite is giving Daily Austerity Watch whiplash. First, pundits were certain that the government was going to shut down as the Democrats and Republicans continue their game of fiscal chicken. Then…
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 Wednesday morning. We are tracking news and moves in shares of American Superconductor Corporation (NASDAQ: AMSC), Orchid Celmark, Inc. (NASDAQ: ORCH), and Golar LNG Limited…
Updated throughout the day. Dish Network bought the remaining assets of Blockbuster (WSJ) Success Factors will shift its IPO from NASDAQ to NYSE (WSJ) The head of Italian bank Generali stepped down (WSJ) Borders…
Just as it appeared that Blockbuster would be liquidated Dish Network bought it for $320.6 million in a process overseen by a federal bankruptcy court, according to The Wall Street Journal. The most extraordinary…
Moody’s may rob Toyota Motor (NYSE: TM) of its Aa2 rating which would in theory make it more expensive for the world’s largest auto manufacturer to raise money. In its comments about Toyota, Moody’s…
CEO years are like dog years. Most chief executives at large corporations are fortunate if they last a decade on the job. Cisco’s (NASDAQ: CSCO) CEO John Chambers, who has been on the job…
The SEC has a plan to lower market volatility (Reuters) A re-balancing of the Nasdaq 100 cuts Apple’s (NASDAQ: AAPL) influence on the index (Reuters) John Chambers, the head of Cisco (NASDAQ: CSCO) said…