Walmart (NYSE: WMT) will begin to cut hours at some of its 24-hour stores, a sign of flagging traffic as the holiday retail period begins. Walmart has been in the process of…
Google’s (NASDAQ: GOOG) YouTube will launch 100 premium channels, in what will be the start-up of a bone-crushing competitor to online video sites like Hulu and Yahoo! video. YouTube’s size in terms…
Baidu, Inc. (NASDAQ: BIDU) is proving that it was far too oversold during the September market tank. The company is surging after earnings and it needs to be noted that the ADR…
The economy remains in a climate with a very weak recovery. There is still some good news though. All of the recent calls for a “double dip recession” grew too loud and are now being…
Samsung boasted that it sold more smartphones than Apple (NASDAQ: AAPL) in the third quarter, but it may not have made much money in the process. Volume is nearly useless without margins.…
Spain’s unemployment rate rose to 21.5% last quarter. (MarketWatch) EU officials not expecting China to invest in the region’s bailout, despite reports to the contrary. (Reuters) Hewlett-Packard (NYSE: HPQ) to keep its…
European Financial Stability Facility $1 trillion saves greece. The eurozone has set a larger European Financial Stability Facility (EFSF), which may have a balance as high as $1.4 trillion. This amount will…
Sony (NYSE: SNE) has decided to buy out its 50% partner in the Sony Ericsson smartphone joint venture. That is another bad decision, one that will cost the Japanese company in money and…
The failure of the new Nintendo 3DS and upgraded Wii have caused the Japanese company troubles similar to those faced by Motorola, Research In Motion (NASDAQ: RIMM), and Nokia (NYSE: NOK) in…
Eurozone officials decide on a second bailout of Greece and a larger EFSF. (Reuters) Private financial firms have positive reactions to the Obama plan to aid more homeowners with underwater mortgages. (Reuters)…
When Sprint Nextel Corp. (NYSE: S) announced earlier this month that it would bet the company on its sales of the iPhone from Apple Inc. (NASDAQ: AAPL), investors pounded the stock down…
Everyone is still in love with Apple Inc. (NASDAQ: AAPL) and many question how many years the products will have the hand and love of Steve Jobs still in them. Reports from…
Nokia’s new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run the Microsoft…
Amazon.com’s (NASDAQ: AMZN) Jeff Bezos has gambled on his company’s long-term prospects before. He did so again last quarter, and it cost his shareholders, at least for a while. Bezos has run…
A deal to rescue the EU’s weak nations has stalled over political differences and objections by banks. (Reuters) IBM (NYSE: IBM) appoints Virginia Rometty as its new CEO. (Reuters) Amazon.com (NASDAQ: AMZN)…
