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)…
Shares of Nokia Corp. (NYSE: NOK) hit a new 52-week low of $2.00 last Thursday and have continued to slide since then. Shares are down -8% just before noon this morning, even…
Samsung released two pieces of information, one good and one bad. The first concerns the effect sales of its Galaxy smartphone and tablets had on its earnings in the most recent quarter.…
Douglas A. McIntyre Samsung released two pieces of information, one good and one bad. The first concerns the effect sales of its Galaxy smartphone and tablets had on its earnings in the most recent quarter. Profits…
Douglas A. McIntyre Mortgage bank Countrywide used its VIP loan program to influence Congress. (Reuters) The search for a CEO for Yahoo! (NASDAQ: YHOO) narrows to interim chief Ross Levinsohn and Jason Kilar of Hulu.…
Bloomberg reports that Amazon.com (NASDAQ: AMZN) may launch a smartphone, which would mean the world’s largest e-commerce company would join the mobile phone sector just after Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG)…
Nothing kills a business quite so fast as when its most critical products become commodities. And the list of industries with this problem is growing. Even the price of homes has fallen victim…
Shares of Nokia Corp. (NYSE: NOK) set a new 52-week low of $2.00 today. The one-time leader in sales of mobile phones did not have any news, but the company’s prospects are…
Updated throughout the day on the 24/7 Wall St. Wire GM (NYSE: GM) has begun negotiations with Facebook over being to advertise on the social network again (Reuters) Apple (NASDAQ: AAPL) will…
The European Central Bank probably will cut rates due to weaknesses in EU economies. (Reuters) Some states push mediation as a way to keep people in their homes. (Reuters) US Airways (NYSE:…
It is no secret that the world of smartphones has consolidated and continues to consolidate. Research in Motion Ltd. (NASDAQ: RIMM) was the smartphone just a few years ago for executives and…
Micron Technology Inc. (NASDAQ: MU) saw a bump up in its share price of less than 3% on its securing the Elpida merger out of bankruptcy in Japan. What Micron is getting here…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. ADTRAN Inc. (NASDAQ: ADTN) Cut to Equal-weight at Barclays. Alliant Energy Corp. (NYSE: LNT)…
Bob Diamond, CEO of Barclays (NYSE: BCS), quits. (Reuters) Microsoft (NASDAQ: MSFT) takes a $6.2 billion write-off, primarily due to its buyout of aQuantive. (Reuters) The U.S. probe begins on whether Chesapeake…
