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 Tuesday morning. We are tracking news and moves in shares of Tellabs (NASDAQ: TLAB), Biosante Pharmaceuticals (NASDAQ: BPAX), and Ericsson (NASDAQ: ERIC). Tellabs (NASDAQ: TLAB)…
Updated throughout the day SRA International (NYSE: SRX) hired bankers to look at buy-out offers (Reuters) Apple (NASDAQ: AAPL) will allow consumers to make purchases with the iPhone and iPad (Envisioneering Group) The Financial…
UK GDP was down .5% in the fourth quarter of 2010. The drop was not expected and indicates that as the nation enters a period of austerity its fortunes are unlikely to be aided…
Apple (NASDAQ: AAPL) is often questioned about its hoard of nearly $60 billion in cash and securities. Investors wonder why the most valuable technology corporate in the US based on market capitalization does not…
The food industry has decided to set up its own nutrition labeling system. The President’s wife and FDA wanted the federal government do this. The Grocery Manufacturers Association, which represents more than 300 food and…
The IMF’s World Economic Outlook Update says that the rate of the recovery from the worldwide recession has accelerated though nearly all the comments in the document are qualified. Agencies such as the Federal…
AIG (NYSE: AIG) said ailing CEO Benmosche will remain through 2012. (Reuters) The Financial Crisis Inquiry Committee has referred several cases of potential law violations from the credit crisis to authorities inside the government.…
Pope Benedict this morning proclaimed that social network sites, which have been blamed for adultery and other ills of modern life, are not all bad. The endorsement from the Holy Father may further bolster…
Now that the holiday numbers are in for US retailers, it’s time again for the annual ritual of shuttering some under-performing stores. One of the first is J.C. Penney Co. (NYSE: JCP), which has…
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 Monday morning. We are tracking news and moves in shares of Clinical Data, Inc. (NASDAQ: CLDA), Genoptix, Inc. (NASDAQ: GXDX), NVIDIA Corporation (NASDAQ: NVDA), Optical Cable…
Updated throughout the day. Several private equity firms have made bids for Sara Lee (NYSE: SLE) (Reuters) Kamal Ahmed, of Morgan Stanley (NYSE: MS) is under investigation as part of the Galleon case (WSJ)…
GM (NYSE: GM) is supposed to be a badly crippled giant. Toyota (NYSE: TM) is the global car company with the most efficient manufacturing plants, the highest quality cars and the strongest balance sheet.…
The National Association for Business Economics puts out a periodic review of how corporations view their prospects. The data shows the level at which companies are hiring or firing workers. The December data was…
New data from the Bureau of Labor Statistics shows that the number of union members in the US dropped by 12.3% last year. Union members are now only 11.9% of the working population. The…
RockTenn (NYSE: RKT) will buy Smirft-Stone (NYSE: SSCN) for $3.5 billion. (Reuters) Assets in the Treasury’s toxic asset fund rose 27% in value last year to $6.3 billion. (Reuters) China will pass its higher…
Online research firm comScore reports that more than 172 million Americans watched video online last month. Industry experts are not certain whether any of the largest providers of these videos make money, but there…
Americans still do not believe that they can find jobs. The news should not be surprising in an environment in which large companies still cut hundreds if not thousands of people at a time,…
Apple (NASDAQ: AAPL) App Store downloads reached 10 billion, more than one download for each man, woman, and child on earth. Many experts believe that these applications are what tethers many iPhone and iPad…