China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last…
Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters) New negotiations between China and the US seeks to reduce tensions…
Updated throughout the day. The Department of Justice has increased its activity as it examines AT&T’s (NYSE: T) plan to buy T-Mobile (WSJ) Netflix (NASDAQ: NFLX) want to move into Latin American…
Glencore’s IPO will be for about $11 billion. (Reuters) The slide of the dollar has caused concerns about how it may hurt the stability of the credit markets. (Reuters) Portugal set a…
Nasdaq (NASDAQ:NDAQ) and ICE may make a hostile bid for NYSE Euronext (NYSE: NYX) (Reuters) Silver and gold are near all-time highs (Reuters) The House Budget Chair favors a cut in oil…
Just last month CenturyLink, Inc. (NYSE: CTL) complete its $12.2 billion acquisition of Qwest. At the time the deal was announced, it seemed to make little sense because neither Qwest nor CenturyLink…
Shares in RadioShack Corp. (NYSE: RSH) are trading lower today than they were five years ago. The stock peaked in July 2007 at around $35/share and hit a low below $7/share in…
Samsung filed patent lawsuits against Apple (NASDAQ: AAPL) over smartphone technology (Reuters) The Japanese government will release $50 billion to cover initial costs of the earthquake (Reuters) The Administration will create a…
For increasing numbers of Americans, a landline phone is a superfluous expense that they can do without. According to a survey released yesterday by the Centers for Disease Control and Prevention, 23.9%…
Douglas A. McIntyre Apple (NASDAQ: AAPL) earnings surpassed expectations and the company said iPad 2 units were backlogged (Reuters) BP plc (NYSE: BP) sued Transocean (NYSE: RIG) for $40 to cover costs related to Deepwater…
Reuters reports that Apple (NASDAQ: AAPL) will launch the iPhone 5 in September. The news agency said consumers should expect a faster processor. It reported no important details beyond that. The iPhone…
Next week may be short because of a holiday, but it is going to be a very busy week for earnings. We have tried to narrow the field down to the very…
The Bell System divestiture was the final act in an epic antitrust battle between the phone company and the federal government. It caused AT&T to shed its local phone companies in 1984.…
Douglas A. McIntyre The Fed’s exit from QE2 may involve rate increases (Reuters) Deutsche Bank will restructure its US bank business to avoid regulation (WSJ) Google’s (NASDAQ: GOOG) new CEO will be carefully watched as…
Short sellers who have bet against tech shares hit the exits during the period which ended on March 31. The short interest in the world’s largest chip company, Intel (NASDAQ: INTC), dropped 3%…
