S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a…
Samsung shares rise after its victory in the U.S. against Apple’s (NASDAQ: AAPL) attempt to block its Galaxy tablet from the U.S. market. (Reuters) HSBC data show that China’s PMI slowed considerably. (Reuters)…
Bloomberg:Â Boeing wins record $21.7B order | http://bloom.bg/vOeh0v $BA WSJ:Â Spain Credit Crunch Deepens http://on.wsj.com/v3SnJN BBC:Â Greek budget will ‘cut deficit’ http://bbc.in/tkpwNv MarketWatch:Â ECB-IMF proposal for bailouts reportedly gains traction; Frankfurt and Paris erase losses http://on.mktw.net/tHJve2…
Douglas A. McIntyre Facebook hit by a bug that put porn and graphic violence images onto many pages. (Reuters) Apple (NASDAQ: AAPL) names Walt Disney (NYSE: DIS) CEO Robert Iger to its board. (Reuters) Dell…
The economic choppiness is coming to a head with the age of dividend hikes. The pressure is going to remain for companies to continue returning capital to shareholders while also looking for…
The US House-Senate budget reduction committee, or the ‘super committee’, that is charged with recommending $1.5 trillion in budget cuts over the next 10 years has just another 10 days to deliver…
Zerohedge: Goldman On German Q3 GDP: “Last Hurrah Before The Recession” http://tinyurl.com/bu4pcxe NYT: Buffett Amasses 5.5% Stake in IBM http://nyti.ms/uXmB1B CNBC: $BAC to sell about 10.4 B Shrs Of China Construction Bank;…
Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their guidance for the current quarter,…
Italy and Greece begin efforts to prove that their sovereign debt is safe. (Reuters) Groupon (NASDAQ: GRPN) will make a major holiday effort to drive extra revenue. (Reuters) Appetite for Olympus shares…
Italian bonds yields drop. The Italian two-year note yield slid 53 basis points, after jumping 82 basis points yesterday. The level, a recent low, probably will not hold. Yields were well above 7% yesterday.The…
EADS, parent of Airbus, said it will delay the launch of its A350 aircraft. The news echos the many setbacks of the commercial release of the Boeing (NYSE: BA) 787 Dreamliner. These…
Douglas A. McIntyre There is concern that the new Greek government will not be stable enough to run the nation. (Reuters) As finances in Italy deteriorate, concerns grow about the ability of the government to…
Yet another study shows that the largest U.S. companies pay very little in taxes. The problem, if it is one, has gone without a solution for years. There is nothing on the…
Eurozone officials decide on a second bailout of Greece and a larger EFSF. (Reuters) Private financial firms have positive reactions to the Obama plan to aid more homeowners with underwater mortgages. (Reuters)…
