The media was full of stories about the unexpected departure of JCPenney (NYSE: JCP) president Michael R. Francis. Nearly everyone who watches the retailer wonders how a man with his background — a…
Huge South Korean electronics company LG Electronics will abandon its tablet PC effort, according to Bloomberg. LG is among the five largest cellphone makers in the world. It should have the ability…
Microsoft (NASDAQ: MSFT) launches its Surface tablet. (Reuters) European leaders say they will create a more integrated banking system. (Reuters) The Financial Industry Regulatory Authority may determine whether Nasdaq (NASDAQ: NDAQ) was at…
Microsoft (NASDAQ: MSFT) decided to blow the roof off of the tablet market with its “Surface” tablet PC. By all appearances, it has features to outgun the competition, perhaps even the Apple…
J. C. Penney Company, Inc. (NYSE: JCP) is not going well in this inspirational turnaround. CEO Ron Johnson, the former Apple Inc. (NASDAQ: AAPL) retail guru, is heading this turnaround and the…
Jon C. Ogg courtesy Barnes & Noble Inc.At a hastily arranged event scheduled for today at 3:30 p.m. Pacific Time, Microsoft Corp. (NASDAQ: MSFT) is expected to announce a new tablet device to be built…
Spain’s bond yields quickly rose above 7% today for 10-year sovereign paper. Greece’s acceptance of austerity measures, based on results of the elections, provided no confidence that Spain — in its second recession…
The pro-austerity party wins the election in Greece and will try to build a coalition. (Reuters) India surprises analysts by keeping its rates as is, despite a slow economy. (Reuters) The FCC…
Rumors are that Microsoft (NASDAQ: MSFT) will release a tablet PC today. It will run a version of Windows Mobile designed to operate on ARM architecture. Most analysts of the tablet market…
The three major US stock indexes opened slightly higher this morning as markets reacted to news of a cooperative effort by central banks to maintain liquidity in the world’s financial system (our…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Agilent Technologies Inc. (NYSE: A) Started as Buy at Citigroup. Apple Inc.…
That is an attention grabbing headline. And Mark Zuckerberg should leave Facebook (NASDAQ: FB). He will not be pushed out, though, like Steve Jobs was at Apple (NASDAQ: AAPL) in 1985 when he…
Several G20 nations have signaled that their central banks will do what is necessary to keep credit markets liquid so that capital is available to keep the global money system from the…
A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters) The UK government and Bank of England could inject as much as 100 billion…
Apple (NASDAQ: AAPL) has taken an important step into what could be its most important market in a few years. It created a partnership with China’s No.1 search company, Baidu (NASDAQ: BIDU) …
