Dominique Strauss-Kahn, the Managing Director of the International Monetary Fund, spoke recently at the Monetary Authority of Singapore meeting. He identified what he says are the two most important risks to a global recovery. Neither…
China’s purchasing managers’ index was 52.9, according to the China Federation of Logistics and Purchasing. The figure was the lowest in a half a year, and was below most expectations. Analysts say that the number…
China PMI data for January showed inflation (Reuters) BP plc (NYSE: BP) posted strong earnings and reinstated its dividend (Reuters) The IMF said imbalances in employment and prices could cause protectionism among nations (Reuters)…
The price of a barrel of North Sea Brent crude broke through $100 this morning, while the price of a barrel of West Texas Intermediate is hovering around $90. Does that mean that alternative…
The iPad from Apple Inc. (NASDAQ: AAPL) lost nearly 20% of its 96% share of the tablet market in the fourth quarter of 2010 to tablets using the Android operating system from Google Inc.…
Ever since 2005, when its offer to buy Unocal was withdrawn following cries of political rage, Cnooc Ltd. (NYSE: CEO) and other Chinese oil companies kept a low profile on acquisitions, particularly in North…
By Douglas A. McIntyre Unknown to most Americans, a surprising number of U.S. cities have drinking water with unhealthy levels of chemicals and contaminants. In fact, some organizations and state environmental agencies that collect…
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 Thursday morning. We are tracking news and moves in shares of Depomed, Inc. (NASDAQ: DEPO), NPS Pharmaceuicals (NASDAQ: NPSP), Mattson Technology, Inc. (NASDAQ: MTSN), and Xenoport, Inc.…
Updated throughout the day. The head of Barai Capital may be a target of the insider trading probe (WSJ) Wal-Mart (NYSE: WMT) has begun to offer sharp discounts to clear holiday inventory (NYPost) Carrefour…
WikiLeaks founder Julian Assange told “60 Minutes” that he enjoys watching banks sweat as they await the release of documents about their internal conversations, plans and operations. Assange has threatened the action for several weeks. He…
Americans are used to being No.1 in nearly all the world’s businesses, and athletic endeavors. The foundation of that certainly began to erode in the 1970’s, when much of America’s manufacturing industry started to…
Honda Motor (NYSE: HMC) announced it third quarter earnings and raised it full-year net income forecast to 530 billion yen from 500 billion. Honda said its optimism was based on US sales and its…
Moody’s downgraded the debt of Egypt, one of the few times a credit rating agency acted quickly to change an opinion on sovereign debt. Moody’s, Fitch, and S&P have been accused of being slow…
Barai Capital may be part of the insider trading investigation. (WSJ) Honda (NYSE: HMC) expects higher profits as its Q3 topped forecasts. (Reuters) A Florida judge could say that part of the Obama healthcare…
Reports have been around or months that Alpha Natural Resources, Inc. (NYSE: ANR) would acquire Massey Energy Co. (NYSE: MEE). Other suitors were mentioned, but Alpha was always at the top of the list,…
Egypt is a significant exporter of petroleum, cotton, and textiles which are all being driven higher by inflation. Egypt’s export level was $25 billion compared to a GDP of $500 billion in 2010. GDP…
ICE March Brent, the primary world measure of oil prices, rose to $99.63 which is an increase of over 2% for last week. Trouble in Egypt and expectations for a continued recovery in the…
It does not seem to matter that the government and much of the public are outraged over Wall St pay. It also does not seem to matter that Goldman Sachs (NYSE: GS) ran afoul…
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…