Updates throughout the day. Update 2.40 PM EST: Biotech Cell Therapeutics (CTIC) is getting crushed, down 13% to $.95 on over 46 million shares. Rumors of insider selling, troubles with OPAXIO cancer, and…
Reuters: A bear market could kill the extraordinary rally in corporate bonds. Reuters: Treasury will announce three more funds are buying toxic assets. Reuters: Bank of America (BAC) will select an emergency…
Bing’s rapid ascent as a new favorite among web searchers may be over. The Microsoft (MSFT) product had picked up market share since it was launched in early June. The momentum of…
Updates throughout the day. Update: Jeff Bewkes, CEO of Time-Warner (TWX) who says “Time, Inc. is not for sale.” (Atlantic First Draft of American History Conference) Update: John Paulson and Angelo Gordon may…
Google (GOOG) is trying to diversity beyond the search business. One of its most important attempts is to offer low cost applications for PCs. Its Google Apps includes e-mail, calendar, word processing,…
The FCC has issued a report of almost 200 pages showing its interim plan for increasing broadband deployment and use in both urban and rural areas. The program is complex because it offers…
Reuters: China celebrated 60 years of communist rule as a capitalist economy. Reuters: The IMF cut global debt write-offs to $3.4 trillion. Reuters: CIT (CIT) is close to a deal to give…
Updated throughout the day. Update: Xerox (XRX) may find that IBM (IBM) or HP (HPQ) outbid it for ACS (ACS) (Barron’s) Update: Apple (AAPL) may be working on a touchscreen remote for…
The economy is obviously getting better, so long as you are not one of the unemployed or about to lose your job. Now with more than a 50% rally from the March…
Reuters: The G20 is taking center stage in the new economic world order. Reuters: Bank losses from large syndicated loans will hit $53 billion this year. Reuters: One Fed governor said the…
The Motley Fool is one of the twenty most visited financial sites in the US according to comScore with monthly unique visitors of 1.536 million last month, making it slightly bigger than…
Yahoo! (YHOO) will spend $100 million marketing itself to Internet users over the next 15 months. That is odd because there is probably in not a man, woman, or child who uses…
Gap Inc. (NYSE: GPS) hits a yearly high of $22.54. Fellow retailers Polo Ralph Lauren (NYSE: RL), American Eagle Outfitters (NYSE: AEO) and J. Crew Group (NYSE: JCG) also hit yearly highs.…
Reuters: Obama pushed his economic message before the G20 summit Reuters: A Senate panel took up healthcare legislation. Reuters: Bank of America (BAC) missed a deadline for supplying information from Congress and…
Reuters: If China opens its financial markets it could cause a huge bubble. Reuters: US regulators may ban “flash” trading. Reuters: Buffett may control the Kraft (KFT) decision to buy Cadbury. Reuters: …
