Media Digest (6/8/2012) Reuters, WSJ, NYT, FT, Bloomberg
A rate cut in China prompts some economists to worry that May economic data will be weak. (Reuters) In the wake of its ratings downgrade by Fitch, Angela Merkel says that the…
A rate cut in China prompts some economists to worry that May economic data will be weak. (Reuters) In the wake of its ratings downgrade by Fitch, Angela Merkel says that the…
Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon. We skipped many of the smaller…
China’s PMI indicates a considerable slowing of its economy. (Reuters) Senior EC and ECB officials warn that the eurozone is on the brink of a calamity. (Reuters) Problems at Research In Motion (NASDAQ:…
The appointment of former politicians to large public companies’ boards is regularly called into question. Just recently, following the scandal at Chesapeake Energy (NYSE: CHK) when CEO Aubrey McClendon made investments in…
Many members of the EU want Greece to remain a member but have begun to prepare for its departure. (Reuters) Hewlett-Packard (NYSE: HPQ) posts better-than-expected earnings and says it will fire 27,000…
Searching for a value play in conglomerate stocks may resemble looking for a needle in a haystack. The companies are so large and diversified that anything short of a major shake-up barely…
You may or may not have heard of Millward Brown, but you might not be surprised who they ranked as the world’s top brand: Apple Inc. (NASDAQ: AAPL) took the pole position…
Until now, the evidence that manufacturing is moving back to the US from offshore — a process sometimes called ‘re-shoring’ — has been largely anecdotal. Manufacturing jobs have been growing according to…
Apple Inc. (NASDAQ: AAPL) has been a phenomenal growth story. It is the ultimate turnaround story of mega-proportions. The stock is also up 32% so far in 2012. The problem is something…
Given the company’s horrible showing for the first quarter, the last thing MEMC Electronic Materials Inc. (NYSE: WFR) needed was to have a management shake-up. But that’s what the solar wafer maker…
General Electric Co. (NYSE: GE) closed up more than 3% at $19.00 on Wednesday against a 52-week trading range of $14.02 to $21.00. The strong gain was on a sooner than expected…
General Electric Company (NYSE: GE) is now going to be much further to being back on track in its GE Capital unit. After having promised a return to dividend after proper approvals…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings for the Berkshire Hathaway empire. This cut off date is as of March 31,…
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds vote against…