According to Reuters, Bank of America will get a huge financial aid package from the government. Reuters reports that Congress is advancing legislation to release the balance of the TARP funding. Reuters…
Motorola (MOT) will lay off 4,000 more people this year. In the fourth quarter, it sold only half as many handsets as it did in the same quarter a year ago. The…
Thomas Alva Edison accumulated 1,093 US patents over his lifetime. Most R&D operations are not that efficient. Corporations hate research. It is expensive. The scientists know more about a company’s products than…
According to Reuters, Citigroup (C) has begun the process of breaking itself into pieces. Reuters reports that Chrysler is in deal talks about selling assets to Renault or Magna. Reuters reports the…
It is picking low-hanging fruit to say that Yahoo!’s (YHOO) new CEO, Carol Bartz, can’t fix the portal company. Yahoo!’s shares are down about 3% on the news of the selection. Bartz…
Shares in CBS (CBS) are down almost 65% over the last year, much more than the DJIA and other major media companies. Part of the reason is that the firm is poorly…
Douglas A. McIntyre The conventional wisdom about Microsoft (MSFT) will that it will never make a lot of money on its gadgets, the Zune and Xbox, and it will never make any money on its…
We have some key technology and consumer electronics stocks which are seeing upgrades and downgrades from Wall Street analysts this Tuesday morning. Here are some of the calls we have seen from…
According to Reuters, Obama may seek take cuts of over $300 billion. Reuters reports that the SEC examined Madoff eight times over 16 years. Reuters reports that the Fed and European Central…
Most people who are in business put making a profit above maintaining a good image. They would like their customers to think well of them because it drives sales. But, being a…
A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth quarter of declining earnings. According to the news service, "Fourth-quarter profit at…
According to Reuters, as investors moved to cash, oil has come down, but that is not likely to last. Reuters writes that data from MasterCard (MA) shows holiday spending may have dropped…
According to Reuters, Japan’s recession deepened as its exports fell sharply. Reuters reports that Ireland will spend $7.7 billion to bailout its largest banks. Reuters reports that Toyota (TM) will report its…
Google (GOOG) pretty much gets to do what it wants to do. That is a little less true now that its earnings are slowing and its stock price is down. But, it…
Douglas A. McIntyre According to Reuters, there may be another bubble in commodities prices. Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output. Reuters writes that Bush said the auto…
