ThinkstockGreek Bailout Coming Soon? The latest rumors about Greece’s bailout suggest that a deal will be done soon. Only last week, battles among Germany, most European Union finance ministers and the International…
thinkstockWal-Mart Stores Inc. (NYSE: WMT) India suspends some employees as it begins a bribery investigation. (Reuters) PMI data for Europe drops to 2009 lows. (Reuters) S&P confirms its AA+ rating of France…
courtesy of Sony Corp.Sony Corp. (NYSE: SNE) has not benefited from a new CEO. Its struggles to right its consumer electronics business have faltered with the commodity pricing of television screens. It…
courtesy of SamsungSamsung will ship 61 million smartphones in the current quarter, according to the Yonhap News Agency. That is well above forecasts, and the Samsung Galaxy Note 2 — the notebook…
Trey Thoelcke ThinkstockSamsung to Stay on Top Samsung will ship 61 million smartphones in the current quarter, according to the Yonhap News Agency. That is well above forecasts, and the Samsung Galaxy Note 2…
courtesy of BlackberryShares of Research in Motion Ltd. (NASDAQ: RIMM) topped $10 briefly today, the first time the stock has been at such a lofty perch since late June. The occasion was…
courtesy of Sony Corp.Some stocks become so badly beaten down that they become improbable bets for rebounds. Right now, in retail, several are so battered that modestly improved results in Black Friday…
thinkstockNew York State will sue Credit Suisse Group (NYSE: CS) over false statements about mortgage-backed securities. (Reuters) France loses its Moody’s Aaa rating. (Reuters) The ITC will go over a judge’s decision…
U.S. equity markets opened higher this morning following comments after Friday’s meeting between President Obama and Congressional leaders to discuss ways of dodging the fiscal cliff. Some were also expecting negotiations to…
courtesy of AppleAnalysts and short-term holders of Apple Inc. (NASDAQ: AAPL) have focused almost exclusively on the company’s 20% drop in share price over the past three months. But how many holders have…
Douglas A. McIntyre courtesy of NetflixNews Corp. (NASDAQ: NWSA) will buy a 49% interest in YES. (Reuters) Citigroup Inc. (NYSE: C) will pay $360 million to end its dispute with Lehman Bros. (Reuters) Cisco Systems…
courtesy of Apple Inc.Apple Inc.’s (NASDAQ: AAPL) share price erosion has taken the top spot of the financial news recently. The stock has fallen 17% over the past three months. A debate over why this…
Trey Thoelcke ThinkstockWorrying about Apple Apple Inc.’s (NASDAQ: AAPL) share price erosion has taken the top spot of the financial news recently. The stock has fallen 17% over the past three months. A debate over why this…
Douglas A. McIntyre thinkstockGlobal bank layoffs reach 160,000. (Reuters) Christine Lagarde of the International Monetary Fund says it is essential that the European Union make a deal to rescue Greece. (Reuters) The U.S. Postal Service…
U.S. equity markets opened higher this morning but quickly turned south and bounced around lower all day. In Europe, the eurozone notched its second consecutive quarter of negative GDP growth, tossing the…
