The fate of News Corp (NYSE: NWS), already uncertain, has become more so. Rebekah Brooks, News International CEO, resigned. News Corp CEO Rupert Murdoch said he would defend her until the end. Perhaps her…
Netflix, Inc. (NASDAQ: NFLX) might be able to blame the market, or it might be able to blame a sentiment shift after its recently announced price shift. Since Netflix has announced earlier this week…
The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters) Japan warned about the economic results of the rapid rise in the yen (Reuters) The dollar fell as Moody’s…
China’s GDP grew at a 9.5% rate last quarter and the country increased inflation forecasts (Reuters) Moody’s cut Ireland’s rating to junk (Reuters) EU leaders may let Greece default (Reuters) Netflix (NASDAQ: NFLX) raised…
News Corp (NYSE: NWS) may face a bribery probe in the U.S. (Reuters) An Apple (NASDAQ: AAPL) patent lawyer may leave the firm (Reuters) China bank lending picked up. This could cause more inflation…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is going back into the NASDAQ-100 Index. The satellite radio monopoly is replacing Cephalon Inc. (NASDAQ: CEPH), which is merging with Teva Pharmaceutical Industries Limited (NASDAQ: TEVA). …
The prime minister of China says inflation is the government’s first priority and that the central bank there may tighten monetary policy again (Reuters) EU financial ministers and central bankers will meet about problems…
JP Morgan (NYSE: JPM) may become the largest lender in the U.S. soon (Reuters) Jobs numbers may show that the economy has finally turned the corner (Reuters) Fitch downgraded Minnesota from AAA as its…
When can one adequately call a top in a company like Netflix, Inc. (NASDAQ: NFLX)? The answer is simultaneously “never” and “any time.” When momentum investing (and day trading) works, it works very well.…
Last April, Harvey Neiman of Neiman Funds Management, said in an interview that market volatility was going to be the theme for 2011. Rather than trying to predict what would drive the market in…
Treasury officials examine ways to prevent default if an August 2 deadline to increase the debt cap is not met by Congress (Reuters) LaGarde will give a Chinese official a top job at the…
Banks object to plans that would allow regulators to clawback pay if a bank becomes troubled and has to be liquidated (Reuters) Geithner has not told The White House he wants to resign (Reuters)…
Congress and the Administration are closer to a conclusion of negotiations on the debt cap (Reuters) The finance minister of Greece said its viability is essential to the euro zone (Reuters) Canon may build…
S&P warned Greece of default risks tied a rescue plan set by French banks (Reuters) Exxon Mobil (NYSE: XOM) said one of it pipes leaked into a Yellowstone river (Reuters) The Nikkei hit 10,000…
ZyngaZynga Inc. has finally filed the preliminary paperwork for an initial public offering with the SEC. The S-1 filing puts a sale of up to $1 billion in Class A common stock but no…