If there are any worries that lingers with economists about the current American financial situation, jobs and housing are about all that is left. The argument has been persuasively made that inflation will stay…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of ANADIGICS, Inc. (NASDAQ: ANAD), China MediaExpress Holdings (NASDAQ: CCME), NetApp, Inc. (NASDAQ: NTAP). ANADIGICS,…
Mike Edwards, the CEO of Borders Group which has just declared bankruptcy, wrote the retailer’s “Rewards Members” to tell them everything at the company is fine. If the Borders’ program works as most loyalty…
The keen investigative journalists at the CBC have discovered that cyber-hackers, probably based in China, made at least two raids on Canadian government servers and databases. The network said “Sources have confirmed that the…
The National Retail Federation predicts that retail sales will rise 4% this year. The forecast does not include sales at gas stations, car dealers or restaurants. Stronger-than-expected retail figures late last year contributed to…
Republicans have started to shut down funding for Dodd-Frank programs (Reuters) The Office of the Comptroller of the Currency and other agencies will fine banks for improper foreclosure methods (Reuters) Ben Bernanke says he backs…
Millions of megabytes have been wasted telling the story of how traditional business media companies were caught flat-footed by the rise of the Internet and are struggling to stay relevant. There have…
Priceline Incorporated (NASDAQ:PCLN) has killed the competition since inception and its chart is a thing of beauty despite the recession and a crowded market place. Looking back in the last 12 months Priceline (PCLN)…
Since mid-2009 the most favored product from nearly every company has been its stock. When corporations began to return to profitability, US consumers maintained their frugality, reducing demand, and cooling off any thoughts that…
Graphics processor maker Nvidia Corp. (NASDAQ: NVDA) reports fourth-quarter earnings after markets close today, and analysts are expecting EPS of $0.21 on revenue of $894.6 million. When Nvidia reported its third-quarter earnings in November…
A new analysis attacked the legal fees involved in the government takeover of Fannie Mae. A number of contracts the mortgage organization had should simply have been voided, the author of the critical report…
Fairholme Funds has made several attempts to take control of the board of directors of St Joe Co. (NYSE: JOE). The Florida real estate company has done badly for the last two years and…
Shares moving sharply up or down in the pre-market include: Genzyme (NASDAQ: GENZ), higher on news of a buyout by Sanofi-Aventis. Dell (NASDAQ: DELL), up 7% after posting strong earnings Borders Group down 25%…
Updated throughout the day Fairholme Capital will try to replace the St. Joe board (WSJ) Research In Motion (NASDAQ: RIMM) turned down a joint venture with Nokia (NYSE: NOK) (TechCrunch) Oaktree Capital returned $3…
The BofA Merrill Lynch Survey of Fund Managers comes out once a month. The February reports says that institutional money managers are more bullish about equities than at any time since the poll started…
Many reports about the consumption of streaming media delivered by the Internet were released recently. Nielsen data showed a sharp increase in the use of Netflix (NASDAQ: NFLX). The Nielsen report said that Netflix…
Inflation is often defined as the overall increase in the price of goods and services. That oversimplifies how inflation works and does not include the drop in currency values or purchasing power. As agricultural…
Sanofi-Aventis will buy Genzyme (NASDAQ: GENZ) for $20.1 billion. (Reuters) Dell (NASDAQ: DELL) beat earnings targets but investors remained concerned about future prospects amid growing competition. (Reuters) BHP Billiton (NYSE: BHP) has set aside…
Everyone knows that Facebook has more than 500 million users, a market value north of $50 billion, and a CEO whose life has already been documented in a feature film. Why does Facebook need…
Negative press about Chevron (NYSE: CVX) has reached a boiling point after news that the oil company had been hit with a $9.5 billion ruling by an Ecuador count. The penalty comes from pollution…