Saudi Arabia apparently has set an oil price target of $100 for this year. That is so high that its effects may overwhelm an economic recovery around the world. Oil and petrochemical prices…
Douglas A. McIntyre China’s economy expands at a better-than-expected 8.9% in Q4 and area markets soared. (Reuters) Walmart (NYSE: WMT) appoints a former CBS (NYSE: CBS) digital executive as head of its digital operations. (Reuters) Disapproval…
Zappos, an online shoe retailer owned by Amazon.com (NASDAQ: AMZN) said its database has been hacked. Management at the company has asked 24 million customers to change their passwords. Customer e-mail addresses, credit card…
Douglas A. McIntyre The tension over the financial crisis has risen at an astonishing rate in just three days. Downgrades of the sovereign debt of several nations have rattled the markets. But the most immediate trouble…
Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed a lengthy list of corporations for which there is substantial research data to choose the 10 most…
When a group including movie studios and streaming video companies released a new streaming format called UltraViolet last October hardly anyone noticed. That’s likely to change now that Amazon.com (NASDAQ: AMZN) has…
Dell’s (NASDAQ: DELL) habit of coming to market with products well after its competitors do continues. Reuters reports that the PC company will launch a tablet later this year. Dell management says…
New that Netflix will offer new service in Ireland and the UK has moved shares higher by 14% to $99. The increase earlier in the day was much smaller. Apparently investors are will to…
Investors in Ebay Inc. (NASDAQ: EBAY) could see a sharp increase of the value of their investment if the Internet auction site would spin-off its PayPal on-line payment unit. A report at…
Janney Capital Markets has a mixed call on Amazon.com Inc. (NASDAQ: AMZN) today. The firm is maintaining its Buy rating and its $230 price target objective on the online retail giant. Unfortunately,…
Jon C. Ogg Netflix (NASDAQ: NFLX) shares rose on news that it would launch in the UK and Ireland. The US based company has been dogged by fears that a customer revolt again higher prices for…
Battered video provider Netflix Inc. (NASDAQ: NFLX) is launching its streaming video service in the UK and Ireland today with a one-month free trial for customers who sign up through Facebook. The…
courtesy Barnes & Noble Inc.Barnes & Noble (NYSE: BKS) lost 29% of its market cap on news that it might spin-off its NOOK e-reader operations. The book company is now worth only…
After losing about a third of its value in the last year, Best Buy Co. (NYSE: BBY) may start to be thrown around as a private equity takeover name. A report from…
Shares of Netflix Inc. (NASDAQ: NFLX) have risen about 7% today and it’s hard to say whether the main cause is speculation that Yahoo! Inc. (NASDAQ: YHOO) might buy the company or…
