Obama and China president Hu Jintao are likely to clash on economic issues. (Reuters) The American Chamber of Commerce in Shanghai said regulations which are not enforced are the largest problem in the People’s…
For cash-starved governments and businesses around the world, China is the lender of last resort. The economic might of the world’s most populous country will only grow stronger in the years to come. The…
M. Anthony Burns has been a director of Pfizer (NYSE: PFE) since 1988 when the company went through several disastrous M&A events. Since then he’s sat through the ouster of two CEOs. The former…
US manufacturing sector employment peaked in the late 1970’s at more than 19 million jobs. Since then, the decline in employment has fallen to a projected low of less than 12 million jobs, according…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Apple Inc. (NASDAQ: AAPL), Ariad Pharmaceuticals (NASDAQ: ARIA), Datalink Corporation (NASDAQ: DTLK), and Sterling Bancshares,…
There is another round of outrage among businesses and banks because WikiLeaks has gotten hold of private documents from bank Julius Baer from one of its former executives. Reuters reports that the data was…
President Barack Obama used the opinion page of The Wall Street Journal to address many of the economic needs of the United States and to provide some of his solutions. Obama has tried to…
OPEC recently released its January Monthly Oil Report. The analysis by the economists for the Organization of the Petroleum Exporting Countries is that the need for crude this year has risen compared to their…
Some Senators said they would pass a currency bill to punish China on the value of the yuan just as the People’s Republic president Hu Jintao visits Obama. (Reuters) Citigroup (NYSE: C) will probably…
The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers. That seems obvious, but the “buyers’ strike” has caused house prices to drop, along with an epidemic…
Steve Jobs wrote Apple employees that he will take a medical leave of absence but will stay CEO. It is one of the few piece of news that could cause Apple’s shares to plunge.…
The Shanghai Composite dropped 3%. The reasons included concerns that the central bank has tightened to prevent inflation. That maneuver may not be successful due to rising labor and commodities costs. The visit of…
The OECD has released a report entitled “Reducing Systemic Cybersecurity Risk” which argues that hackers could bring global financial and infrastructure systems brought to their knees. The shock could be so great that it would…
A majority of Americans expect the drop in home prices which began in 2007 and has occurred each year since then to continue in 2011. This is not surprising. S&P recently wrote that the…
AirlineFinancials.com estimates the eight largest US airlines, starting this week, will collectively report $3.95 billion in profits from $122.2 billion in revenues for 2010. The average net profit margin is projected at 3.3%. Assuming…
Chinese President Hu Jintao remained firm on his country’s yuan policy. (Reuters) Eurozone finance ministers will debate an increase in the region’s bailout fund. (Reuters) Investors are looking for more strong banks earnings after…
Oil ministers from both Venezuela and Libya said they did not believe $100 oil prices would do any damage to the world economy. Libya’s minister believes that crude at $120 a barrel would not…
S&P 500 WEEK: BOTTOM 10 (07 JAN-13 JAN) Ticker Weekly Price Change (%) Close Price 13Jan11 Close Price 07Jan11 Market Cap($Mil) SUPERVALU INC. SVU -13.4 7.50 8.66 1591.3 Merck & Co Inc. MRK -7.1…
Americans are told, almost every day, that their lives are getting better. The recession is over. They are about to get the benefits of tax laws. US citizens will keep their Social Security, Medicare,…
S&P 500 WEEK TOP 10 (07 JAN -13 JAN) Ticker Weekly Price Change (%) Close Price 13Jan11 Close Price 07Jan11 Market Cap($Mil) NVIDIA Corp NVDA 17.7 23.39 19.87 13589.6 ITT Corp ITT 13.0 59.45…