Games-maker Electronic Arts Inc. (NASDAQ: ERTS) is getting a boost in share price today following a better-than-expected third fiscal quarter earnings report, and a buoyant outlook. That outlook depends on extending its reach as…
Private employers added 187,000 jobs in January, according to the latest report on private-sector employment from Automatic Data Processing Inc. (NYSE: ADP). The number beat expectations of 145,000, but wary investors have so far…
Recently, I violated the cardinal rule of Apple Inc. (NASDAQ:AAPL) iPhone ownership — I got mine wet. Worse, the “incident” occurred in the bathroom. Details will be spared, but suffice it to say I…
The month of December was not so hot for international air carriers. According to the International Air Transport Association (IATA), air traffic demand growth fell by -2.3% month-over-month, from 8.2% growth in November to…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Acme Packet, Inc. (NASDAQ: APKT), Broadcom Corporation (NASDAQ: BRCM), Magic Software Enterprises Ltd. (NASDAQ:…
Updated throughout the day. China will raise rates again (NYT) Citigroup (NYSE: C) will try to sell EMI for $2 billion Douglas A. McIntyre
Veteran banking analyst Richard Bove, a ubiquitous presence in the business press, insists that he hardly ever calls reporters except when he has “violent: disagreements with them. They call him so much, in fact,…
A famous Bain & Co research report issued in 2004 said the 70% of mergers fail to create shareholder value. A Southern Methodist University study of 193 mergers which happened between 1990 and 1997…
Egyptian President Hosni Mubarak will be gone in a few days, or in a few months if he has his way. Economists warn that capital is fleeing the country, that trade may come to…
The storms in the US and Northern Europe and Australian flooding could combine to fuel an already rapid move up in global inflation. Tropical Cyclone Yasi has strengthened to a Category 5, which means…
BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters) Roche said that regulations in the US could harms its results. (Reuters) Borders Group (NYSE: BGP) may file for bankruptcy…
US domestic vehicle sales reached a a 27-year low in 2009 when only 10.4 million units were sold. The figure for 2005 was 16.94 million, a period of unusual prosperity. In other words, the…
The land rush to acquire and develop shale gas deposits remains as competitive as ever. But the way that the gas is extracted threatens to put a crimp in development of shale gas resources,…
If mobile phones still did nothing but voice calls and text messaging, existing mobile networks would likely be sufficient for another 10 years or more. Smartphones that surf the web and allow users to…
NokiaStandard & Poor’s suspects that the new strategy from Nokia Corp. (NYSE: NOK), set to be announced February 11th, is not going to be enough to boost the company’s competitive position in the mobile…
By John Tamny The food rioting over price spikes in the Middle East is the latest illusory Malthusian crack-up rooted in devaluationist dollar policy in the U.S. Though we pretend otherwise, every currency…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Baidu.com, Inc. (NASDAQ: BIDU), China MediaExpress Holdings (NASDAQ: CCME), Kulicke and Soffa Industries (NASDAQ: KLIC), Orexigen…
Updated throughout the day Citigroup (NYSE: C) will pay more of its investment banker bonuses in stock (Bloomberg) Europe officials are close to a decision to allow the recently created rescue fund to buy…
It is widely assumed that cable companies make money by allowing their customers to have access to content in real-time or recorded on DVRs. The same can be said of the satellite TV companies.…
Companies locked in a struggle to remain viable and maintain their profits and sales sometimes begin to run out of customers. This happened to GM (NYSE: GM), which had a 50% share of domestic…