Short sellers took huge positions in major banks and telecom companies in the two-week period ending December 15. The short interest in Citigroup (NYSE:C) rose 30% to 281 million ahead of the bank…
Reuters: GM is offering huge incentives to sell its inventory of Pontiacs and Saturns. Reuters: Morgan Stanley (NYSE:MS) will overhaul the pay of senior management. Reuters: The departing AIG (NYSE:AIG) general counsel will…
The Brookings Institution, The New York Times, and Bloomberg all covered the news that Texas added more people than any other state between July of 2008 and this past July, 479,000 according…
Two industries expected to post remarkably rapid growth over the next decade are VoIP and biotech. Cable companies and voice providers including Skype and Vonage (NYSE:VG) are expected to damage revenue from the…
Many investors use the last few weeks of each year to sell stocks on which they have posted losses to help their tax position. Other investors simply clean the dead wood out…
Cellular service users have been upset for years that the companies that give them their wireless connections often charge large fees if they break their contracts. Verizon Wireless (NYSE:VZ)(NYSE:VOD) has decided to charge a…
AT&T Inc. (NYSE: T) has done what we expected would occur at some point soon. Despite some bad company public relations Friday over its network, the company raised its quarterly dividend. The…
AT&T (NASDAQ:T) has had trouble with its network, reported due to the huge amount of activity by Apple (NASDAQ:AAPL) iPhone customers. Today, the phone company’s PR firm, Fleishman-Hillard, put out a release…
AT&T (NYSE:T) is running out of potential customers to sell wireless handset subscriptions. The US market is nearly saturated and the battle is mostly for market share with Verizon Wireless (NYSE:VZ)(NYSE:VOD), Sprint…
Reuters: Galleon’s Raj Rajaratnam was indicted for securities fraud. Reuters: Concerns about interest rates hurt the markets. Reuters: Inconix broke off buyout talks with Playboy (NYSE:PLA). Reuters: Credit Suisse (NYSE:CS) settled a US…
M&A activity picked up in the second half of 2009 as the market moved up and access to capital for big companies improved. Corporate debt offerings soared and banks began to make…
Reuters: Dubai said the market’s perceptions of its problems is “softening.” Reuters: Citigroup (NYSE:C) could sell $20 billion in shares soon. Reuters: Hershey (NYSE:HSY) is near a decision on Cadbury (NYSE:CBY). Reuters: …
Reuters: Affluent borrowers are being made credit card offers. Most other people are rarely solicited. Reuters: Bank of America (NYSE:BAC) will repay $45 billion in TARP funds. Reuters: AMR (NYSE:AMR) and TPG have offered…
24/7 Wall St. has prepared its list of the ten brands that will disappear in 2010. This list is based on a review of each firm’s financial situation and other operating data,…
Imagine an Apple (NASDAQ:AAPL) iPhone with a very powerful processor that will work on both the AT&T (NYSE:T) and Verizon Wireless networks. Such a device would almost certainly broaden the iPhone’s appeal…
