Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Seahawk Drilling, Inc. (NASDAQ: HAWK), Hercules Offshore, Inc. (NASDAQ: HERO), Openwave Systems Inc.…
Updated throughout the day Zynga may raise money which would value the social game company at $7 billion (WSJ) BaFin, a German regulator, is involved in the restructuring of WestLB (Reuters) JP Morgan (NYSE:…
GE (NYSE: GE) has decided to maintain its position as the world’s largest conglomerate. It is old news that the company has been attacked for this. Recent evaluations of the one-decade tenure of CEO…
Social game network Zynga is about to be valued at $7 billion as it raises more capital. Groupon was recently valued at $6 billion, and Facebook at $50 billion. These businesses will continue to…
China’s trade surplus was $6.45 billion in January. Some economists believe that China’s import rise were partly due to higher prices that the People’s Republic must pay for commodities. Another part of the increase…
The debate over the fate of Europe’s poorer nations continues to return to Greece. It has become the canary in the coal mine as capital markets investors and other EU nations contemplate the region’s…
The size of the Japanese economy dropped in the fourth quarter of last year, but exports may aid a rebound. (Reuters) The Obama budget will cut $1.1 trillion in costs over 10 years. (Reuters)…
S&P 500 WEEK: BOTTOM 10 (04FEB-10 FEB) Ticker Weekly Price Change (%) Close Price 10Feb11 Close Price 04Feb11 Market Cap($Mil) Akamai Technologies Inc AKAM -14.9 40.75 47.88 7430.4 Cisco Systems Inc CSCO -14.2 18.92…
Agribusiness giant Syngenta AG (NYSE: SYT) has gotten approval from the US Department of Agriculture to grow a strain of corn that has been genetically modified to make it cheaper and more energy-efficient to…
China will create a new body to review all significant foreign investments made in companies based in the People’s Republic. “Foreign investments in military, agriculture, energy and resources, key infrastructure, transport systems, key technology…
S&P 500 WEEK TOP 10 (04 FEB -10 FEB) Ticker Weekly Price Change (%) Close Price 10Feb11 Close Price 04Feb11 Market Cap($Mil) Big Lots Inc BIG 20.1 40.77 33.95 3076.8 NYSE Euronext NYX 15.8…
A tender offer for Dynegy Inc. (NYSE: DYN) from an affiliate of Icahn Enterprise L.P. (NYSE: IEP) was supposed to have closed two days ago. Unfortunately, only 4.4% of Dynegy shares had been offered,…
The US trade deficit stood at $40.6 billion in December, up about 6% from $38.3 billion. Comparing the trade deficit data with Oil prices, we can see they moved in lockstep since Oil started…
William A. Ackman, the head of Pershing Capital, has finally joined the JC Penney (NYSE: JCP) board. He has been a buyer of the stock and has agitated for change to improve the retailer’s…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Expedia, Inc. (NASDAQ: EXPE), MannKind Corporation (NASDAQ: MNKD), and Panera Bread Company (NASDAQ: PNRA).…
Updated throughout the day. Apple (NASDAQ: AAPL) is at work on a smaller version of the iPhone (WSJ) Facebook is considering a $1 billion sale of shares by employees (WSJ) Google (NASDAQ: GOOG) may…
Nearly every adult American with a job knows that the “Bush” tax cuts were extended into 2012. The general understanding of most people who have deductions taken out of their pay is that they will take…
Amazon.com (NASDAQ: AMZN) will close a distribution center in Texas and will almost certainly not have any employees in the state ever again. Texas will need to provide unemployment benefits to some of these…
The inability of the government and the economy to create jobs is not lost on most Americans. Nearly 16 million people are still looking for jobs in the US. The number of people who…
NokiaMicrosoft (NASDAQ: MSFT) won a huge victory today. Struggling handset company Nokia (NYSE: NOK), which is still the global leader in its industry, will use Redmond’s mobile OS in its smartphones. Nokia had considered…