Sprint-Nextel (NYSE: S) is apparently in talks with European telecom giant Deutsche Telekom about combining its US cellular division T-Mobile with the No.3 wireless provider. T-Mobile is No.4 in US cellular customers. The new…
The Federal Reserve may change it bond buying plans because of higher oil prices. (Reuters) Toyota Motor (NYSE: TM) plans to double profits by 2015 through the launch of new hybrids and growth in…
Just over 11 million homes had underwater mortgages at the end of the final quarter of 2010. The precise figure is 11.1 million, which represents 23.1% of all properties with a mortgage. The value…
The Boeing Co. (NYSE: BA) appears to have a little momentum coming off its big win over EADS (OTC: EADSY) for the new US Air Force tanker. The company has just revealed new orders…
A combination of Sprint Nextel Corp. (NYSE: S) and the T-Mobile USA bit of Deutsche Telekom AG (OTC: DTEGY) would bring together some 67 million subscribers now currently divided almost evenly between the two…
Bad press about Chevron (NYSE: CVX) rose on news that a federal judge would delay an $18 billion damage judgement made in Ecuador. Rite Aide was hit by poor press as the Supreme Court…
Economic optimism tailed off in February. Oil prices are at least partly to gain, although the data is from a month ago. It is not hard to guess that the figures will worsen in…
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 Thursday morning. We are tracking news and moves in shares of Atrinsic, Inc. (NASDAQ: ATRN), Netflix, Inc. (NASDAQ: NFLX), and Urban Outfitters, Inc. (NASDAQ: URBN).…
Updated throughout the day Carl Icahn may sell Federal-Mogul (Reuters) Morgan Stanley (NYSE: MS) will kill its Smith Barney brand (WSJ) Douglas A. McIntyre
“If gasoline tops $4.00 per gallon in the coming weeks, consumers may be forced to make significant changes to their spending habits. At this stage of the recovery, that could be an extremely damaging…
Subway now has more outlets than McDonald’s (NYSE: MCD), according to the sandwich shop chain. Subway had 33,749 restaurants across the world at the end of 2010, it claims. McDonald’s had 32,737 at year-end, according…
nationsonline.orgDowngrades, sovereign interest rates, contagion, defaults, and loan guarantees. These terms swirl around Europe each time the debt of a nation is cut by a rating agency as Greece’s was by Moody’s yesterday. The…
Steve Jobs said that the Apple (NASDAQ: AAPL) iPad has 90% of the table PC market when he launched the new iPad 2. Industry experts confirmed the remarkable number. The iPad may become Apple’s…
Kuwait says OPEC may increase output (Reuters) Carl Icahn may sell Federal-Mogul (Reuters) China halted high reserve requirements for several banks (Reuters) The euro approached multi-month highs (Reuters) Sharp aims to increase its TV…
Market sentiment is better than it was two years ago, which means that the present market rally may have further to go. It could easily be thrown off course by negative news about either…
ThinkstockIn 2010, disk drive makers shipped more than 653 million units. Of that number, Western Digital Corp. (NYSE: WDC) shipped more than 200 million and Hitachi Ltd. (NYSE: HIT) shipped about 112 million units.…
History could be about to repeat itself. In 2008, gasoline prices moved above $3/gallon and sales of gas-guzzling SUVs, pickups, and some cars plummeted. With gasoline prices moving inexorably toward $4/gallon today, sales of…
As crude oil prices continue their steady trend above $100/barrel, US refiners are preparing for the worst. Actually, the worst is already here, in the form of spiking prices. Worse than anything, refiners dislike…
This is the Twitter-24/7 Wall St. market report for March 7, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?