Wikimedia CommonsResearch firm Comscore announced two pieces of data. The first is that Black Friday e-commerce sales rose about $1 billion for the first time ever — to $1.042 billion. The other…
ThinkstockWriting Off Greek Debt Discussions of a bailout of Greece have turned rapidly to what kind of write-off investors may have to take on Greek debt as the International Monetary Fund and…
courtesy of AOL, IncThe International Monetary Fund and European Union meet about Greek debt as concern about write-downs rises. (Reuters) Black Friday e-commerce rises to $1 billion for the first time, according…
ThinkstockWhile it is too early to say which individual companies have benefited the most, holiday e-commerce sales surged past $1 billion, according to research firm Comscore. It remains likely that the normal…
courtesy of AppleApple Inc. (NASDAQ: AAPL) showed that any threats from Samsung, Amazon.com Inc. (NASDAQ: AMZN), or other makers of tablets and e-readers is behind the world’s largest company based on market…
courtesy of AppleThe ongoing patent wars between Apple Inc. (NASDAQ: AAPL) and Samsung have escalated yet again. Samsung now claims that Apple’s new iPad mini, its new iPod and the iPad 4…
Trey Thoelcke 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…
