The Financial Times reports that hackers have gained access to a number of Citigroup (NYSE C) credit cards numbers which belong to the bank’s customers. “The bank said that about 1 per…
When economic softness spooks high-flying stocks, solid companies with good histories, solid return on equity, and above average dividends are a handy remedy. We screened five companies in the industrial sector, three…
A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit a…
The Chinese government has attacked Google (NASDAQ: GOOG) over its allegations that hackers within the People’s Republic recently compromised Gmail accounts. China’s People’s Daily reported that Google’s comments have “become obstacles for…
How does a renewable energy company’s IPO relate to possibly rekindling interest in the tiny sector of nanotechnology? Actually, there is a deep tie now. Solazyme, Inc. (NASDAQ: SZYM) is a renewable oil and…
Jon C. Ogg Moody’s said it may downgrade Japan’s debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most of it.…
This is the Twitter-24/7 Wall St. market report for May 30, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
America lost its lead as the world’s top manufacturer to China. That is in part the basis of the argument that China’s Gross Domestic Product will pass America’s sometime before the middle…
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Akamai Technologies Inc. (NASDAQ: AKAM) Raised to Buy at Stifel Nicolaus.…
After a second do-over, Boeing Co. (NYSE: BA) has once more bested Airbus maker EADS (OTC: EADSY) in the bidding war for a new US Air Force tanker. But the battle could…
In a major reversal from a policy promoted in the early 1990s, the US Defense Department is now warning defense contractors to beware of mergers and acquisitions in the defense industry. The…
China’s PMI growth slowed and the current monetary policy may be sufficient to curb inflation (Reuters) The use of solar power by China is rapidly expanding (Reuters) Sony (NYSE: SNE) sued to…
Douglas A. McIntyre War and the fear of war create uncertainty for financial markets. If there is one place in the world that you can count on uncertainty rising from throughout the years it is…
Lockheed Martin Corporation (NYSE: LMT) is going to retire more stock. The defense giant announced this morning that it has approved a new share repurchase program that will allow the repurchase of…
Jon C. Ogg 