Kenneth F Duberstein has been a Boeing (NYSE: BA) director since 1997. Prior to joining the board, he was, among other things, White House Chief of Staff in 1988 and 1989 and a lobbiest. Duberstein…
In the late 1990’s and early 2000’s, the number of individual investors surged thanks to the rise of the Internet. As information became instant and ubiquitous, and the fees associated with making trades decreased,…
It seems logical that the longer that people are unemployed the worse their financial situations become. Some people are out of money within a few weeks of losing a job because they had no…
Toyota Motor (NYSE: TM) announced that it will recall 1.7 million cars, most of them in Japan. The vehicles may suffer from fuel leaks. The new recall can be added to another set of…
The new Apple (NASDAQ: AAPL) iPhone 5 will be released sometime later this year, according to rumors. It will have a number of features that the iPhone 4 and iPhone 3 don’t. Among them…
The 2009 National Assessment of Educational Progress report on the ability of students to understand science at three grade levels had depressing results. The data was based on a sample of the knowledge of…
Obama called for a spending freeze for some government discretionary spending. (Reuters) The Federal Reserve will probably stick to it plans to buy bonds and noted economic improvement. (Reuters) Toyota Motor (NYSE: TM) announced…
It was just yesterday that research firm eMarketer reported that microblog company Twitter will have $150 million in advertising revenue this year and as much as $250 million next year. Twitter has 175 million…
The Conference Board Consumer Confidence Index reached 60.6 this month, which was better than expected. The positive signal was mirrored by data from a recent Gallup poll. “Gallup’s Economic Confidence Index improved to an…
Fourth quarter results for Verizon Communications Inc. (NYSE: VZ) were no better than so-so. The company reported revenue of $26.4 billion and EPS of $0.54, excluding one-time items, compared with revenue expectations of $26.47…
Siemens AG (NYSE: SI) carries a market cap about half that of General Electric Co. (NYSE: GE), but the German conglomerate does not have a financing arm comparable to GE Capital. One area where…
How much did the “Best Picture”, “Best Actor”, and “Best Actress” nominated movies for this year’s Academy Awards make? Not much. Three of the “Best Picture” nominees brought in less than $21 million each.…
Anyone who questioned whether the housing depression continues only need look at the new S&P Case Shiller price data. The odds that home values will return to 2006 levels within the next decade get…
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…