Groupon (NASDAQ: GRPN) hit an all-time low of $7.72 yesterday. CNBC points out that part of the cause was the online coupon company’s exposure in Europe. The observation may be the first…
Sales of PCs worldwide were flat in the second quarter, according to research firm Gartner. The two largest U.S. companies did much worse. And the trend is likely to continue since neither…
The three major US stock indexes opened slightly lower this morning ahead of the release later today of the minutes of the last FOMC meeting. Asian markets were mixed overnight and markets…
By now investors have had time to digest the notion that technology company sales and earnings are just not going to live up to prior expectations in most cases. Investors are learning that…
Home electronics giant Best Buy Co. Inc. (NYSE: BBY) has seen its shares plunge today following an earnings warning from much smaller rival hhgregg, Inc. (NYSE: HGG). The Indianapolis-based retailer, which operates…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Alcoa Inc. (NYSE: AA) Cut to Underperform at BMO Capital Markets. Alkermes,…
There are more rumors — or news, based on the credibility of the reports — that Amazon.com (NASDAQ: AMZN) has signed up suppliers in Asia to build a smartphone. The device would…
Spain has decided the only way to tackle its budget deficit is via extremely sharp expense cuts coupled with a more modest move to increase taxes. Prime Minister Mariano Rajoy says his government will…
Italy may turn to the eurozone as it weighs options for its debt. (Reuters) AMR, still in Chapter 11, will consider mergers with other airlines, which could include US Airways (NYSE: LCC), JetBlue (NASDAQ:…
Research In Motion Limited (NASDAQ: RIMM) is acting like the next Palm. They are dying. The company’s CEO has said that RIM and the formerly great Blackberry operating system is not in…
Apple Inc. (NASDAQ: AAPL) has just announced the formal roll-out plan for the new iPad in China. The “third generation of its category defining mobile device” will debut in China on Friday,…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target to…
NokiaNokia’s (NYSE: NOK) shares have fallen so low that some investors and analysts of the handset industry believe the Finnish firm has reached the brink of bankruptcy. The company’s stock has fallen…
The world’s largest companies have never had a reputation for showering investors with information about their financial situations and operations. The rules that might make them do so are too lax. Government authorities…
Intel (NASDAQ: INTC) invests in next-generation chip company ASML (NASDAQ: ASML). (Reuters) The Federal Reserve Bank of New York may have known in 2007 that the way Libor was set was incorrect. (Reuters)…
