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…
Updated throughout the day DST will put $100 million into online music firm Spotify (TechCrunch) China social network firm Renren will have a US IPO (WSJ) CIC and Blackstone (NYSE: BX) will team to…
The cost for regular gasoline has rose over $3.17 on average last week according to AAA. That is 20% above the same time a year ago. The price is much higher in densely populated areas…
Successful political activity often spreads from one geographic area to another. That has certainly been true among financially weak countries in Europe. It is now happening among nations in the Middle East where citizens…
Research firm Markit announced that its joint monitoring of China’s PMI, done in tandem with HSBC, predicted a surprising slowdown in February. The brief report’s most important observation was “Flash China Manufacturing PMI™ at…
Dr. Thomas Bogdan of the National Oceanic and Atmospheric Administration’s Space Weather Prediction Center in Boulder recently expressed concern that solar activity could disrupt satellite communication, GPS accuracy and electrical power. He said that the…
Yields on the five-year sovereign debt of Portugal rose over 7% as capital markets investors lost faith once again in the nation’s ability to right its economy. Past patterns, if they are followed, would…
The US federal government could shut down as House Republicans battle the Administration on budget deficit matters (Reuters) Riots in Libya moved oil higher and Asia markets lower. (Reuters) Air France-KLM may make a…
Ben Bernanke charged that investments from abroad helped cause the credit crisis. “Excess savings”, money credited in emerging nations, sought save haven investments. Among these were mortgage-backed securities that they credit ratings agencies had…
S&P 500 WEEK TOP 10 (11FEB -17FEB) Ticker Weekly Price Change (%) Close Price 17Feb11 Close Price 11Feb11 Market Cap($Mil) Family Dollar Stores Inc. FDO 19.3 52.67 44.16 6656.8 Tesoro Corp TSO 17.8 25.83…
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…
Updated throughout the day. Apple (NASDAQ: AAPL) has not decided whether to introduce a smaller versions of the iPhone (NYT) Zynga may have an IPO next year (NYT) Citadel may sell itself to Cumulus…
The seven members of The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling might as well have stayed at home instead of venturing out to examine why the well exploded and sent…
The poor do not use Facebook much. Neither do the poorly educated. Facebook users are not only usually college graduates. They tend to make more than $90,00o a year and be under the age…
The head of the Bank of Japan said that easing by the G20 central banks was necessary even though it may be causing inflation in the emerging world (Reuters) The head of Time Inc…
Nothing like the Chapter 11 filing of a major public company brings in poor press notices. Borders Group filed for bankruptcy and closed 200 stores which is also bound to hurt it in local…
In June of 2008, documents and e-mails from Countrywide Financial Corp., now part of Bank of America Corp. (NYSE: BAC), revealed that some mortgage borrowers had more than just a solid credit score on…
When the Boeing Co. (NYSE: BA) took the wraps off its new 747-8 Intercontinental last Sunday, the company harked back to the introduction of the first 747 some 42 years ago in 1968. Perhaps…
Answers.com (NASDAQ: ANSW) has spent most of its many years as a public company attempting to convince Wall St. how ingenious its business plan is and how undervalued its stock has been. Answer traded…
24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the…