Lists of top-sellers at single destinations do not always equate to broad-reaching trends around the entire nation nor around the entire globe. Still, when you see a surprise like this it tends…
The first quarter earnings reports will start to dribble out this week and expectations have been tempered in recent trading days ahead of Alcoa Inc. (NYSE: AA) on Tuesday afternoon. The stock…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Apple Inc. (NASDAQ: AAPL) Cut to Neutral at BTIG. The Charles Schwab…
China’s inflation rose to 3.6% in March, mostly because of food prices. A number of economists said the move was an anomaly. That is only true if food supplies stabilize, which is…
Sony (NYSE: SNE) to fire 10,000 people as its tries to improve its long-term profit growth. (Nikkei) The number of U.S. public jobs continues to fall along with tax receipts. (Reuters) Iraq…
There is more speculation about the release of the new Apple (NASDAQ: AAPL) iPhone 5 than about who will win the presidential election. Both may be settled at about the same time.…
Douglas A. McIntyre The press covered the decision by Facebook to list on Nasdaq rather than the NYSE (NYSE: NYX) as if a real contest existed between the two exchanges. Facebook could not have done otherwise…
Several media sources report that Microsoft (NASDAQ: MSFT) has given app developers financial incentives to create software for its Windows mobile OS. The operating system, combined with phones from Nokia (NYSE: NOK)…
JCPenney (NYSE: JCP) will cut 900 jobs at its headquarters, which is about 13% of the total. New CEO Ron Johnson, formerly of Apple (NASDAQ: AAPL), claims this will turn the crippled…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
Jon OggEarnings season is almost upon us for the first quarter of 2012. There is some growing caution over company expectations on the heels of a massive rally where the DJIA rose…
Verizon Communications Inc. (NYSE: VZ) may have a monster dividend north of 5% for investors, but the telecom and communications giant could soon face a liability if a current trend continues. Scammers and spammers are…
Not satisfied with being the leading global supplier of smartphones, Samsung Electronics (OTC: SSNLF) is going into the mobile ad network business. The company yesterday announced a partnership with OpenX Technologies Inc.,…
The news from SanDisk Corporation (NASDAQ: SNDK) about weak demand and weak pricing was something we expected to bleed over to others in flash memory and in consumer electronics. The reality is…
General Communications Inc. (NASDAQ: GNCMA), a wireless carrier in Alaska, has added the iPhone from Apple Inc. (NASDAQ: AAPL) to its roster of available phones. The interesting thing about this is that…
