In another sign that the recession in the European Union has spread well beyond the weakest nations, retail sales fell 1.1% in Germany in May. The Federal Statistics Bureau issued a report that showed: According…
EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM)…
Everyone was already expecting Research in Motion Ltd. (NASDAQ: RIMM) to have very little or even no good news in its report. Things got bad enough at the company’s last warning that…
The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Anadarko Petroleum Corporation (NYSE: APC) Raised to Outperform at Bernstein. Apple Inc.…
“What is at stake is not only the economic integration, it is also the overall economic confidence in the euro area, and indeed, our commitment to the European project,” said European Commission…
If Google (NASDAQ: GOOG) is fortunate, its new Nexus 7 tablet will be like a Chrysler automobile. The device is up against Apple (NASDAQ: AAPL), with its General Motors (NYSE: GM) type…
Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters) Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading. (Reuters)…
Research in Motion Ltd. (NASDAQ: RIMM) is set to report earnings after the close on Thursday. Investors have to now be prepared for something they have not seen in years and years. …
Google Inc. (NASDAQ: GOOG) is nothing if not determined to slice off a share of Apple Inc.’s (NASDAQ: AAPL) dominance of the market for personal media. At the company’s I/O developer’s conference…
Can the markets rise two days in a row anymore? That is what we are looking for in the daily charts review. We are tracking the daily buy/sell pivot points on the SPDR…
The remarkable success of the Apple (NASDAQ: AAPL) iPhone is even more extraordinary when put in the context of its sales in the five years since it was launched. Research firm Strategic…
Douglas A. McIntyre The pressure on the financial situation of the weakest nations in Europe continues to grow, and Italy became the latest country to face a sharp rise in borrowing costs. The news ahead of a summit…
Stockton, Calif., is about to file Chapter 9 bankruptcy. (Reuters) Apple (NASDAQ: AAPL) wins a court decision to stop shipments of the Samsung Galaxy Tab 10.1 tablet into the United States. (Reuters)…
The share prices of Nokia (NYSE: NOK) and Research In Motion (NASDAQ: RIMM) show that investors do not see the two companies as being in the same predicament. RIM’s stock price has dropped…
