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Short sellers moved out of financial shares in great numbers. As of August 11, the short interest in Citigroup (C)…
It is normal to see pullbacks. The problem is that most market pullbacks in the last five months have been…
Microsoft’s (MSFT) revenue dropped 17% in the second quarter, and worse, sales dropped in all five of the firm’s operating…
IBM (NYSE: IBM) is getting deeper into the race in virtualization. The company is entering what was a fast growth…
The good news for Sun Microsystems, Inc. (NASDAQ: JAVA) shareholders is that the vote for the Oracle Corporation (NASDAQ: ORCL)…
Goldman Sachs is out with some key calls in technology sector today. While some calls are positive, our take on…
Reuters: Smart investors are starting to cherry- pick stocks. Reuters: California may agree on a budget to stop using IOUs. Reuters: …
Reuters: GM will accept product liability on cars it has built in the past. Reuters: Obama could consider a second…
Software is supposed to be a high margin business and hardware a sector in which most companies struggle with gross…
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data…
Reuters: The head of a Congressional watchdog committee is pushing for a consumer protection agency. Reuters: China defended its export…
Markets in Asia were higher. The Nikkei was up .4% to 9,590. The Hang Seng rose 2% to 17,871. The…
Larry Ellison and friends over at Oracle Corp. (NASDAQ: ORCL) just reported earnings. The enterprise software giant posted $0.46 EPS…
Reuters: Airlines are cutting back on first class seating. Reuters: Xstrata wants merger talks with mining rival Anglo American. Reuters: Employers…
Reuters: A survey shows the global stimulus spending lacks direction. Reuters: The race for “green” cars is still wide open.…
Our top personal finance-related articles today. Your wallet will thank you later.