Olympus says it concealed losses for decades. (Reuters) Italy’s sovereign debt interest rates rise sharply. (Reuters) Toyota’s (NYSE: TM) profits fall and it withdraws its full-year forecast. (Reuters) Greece cannot decide on…
Barnes & Noble (NYSE: BKS) released its new Nook tablet e-reader. The company’s shares move higher by barely 1%. Wall St. must believe, as most analysts do, that the Nook will continue to be…
Amazon.com (NYSE: AMZN) has set the price of the Kindle Fire so low that many analysts believe each unit sold will lose money for the e-commerce company. Amazon will offer free shipping…
There is concern that the new Greek government will not be stable enough to run the nation. (Reuters) As finances in Italy deteriorate, concerns grow about the ability of the government to…
Yet another study shows that the largest U.S. companies pay very little in taxes. The problem, if it is one, has gone without a solution for years. There is nothing on the…
The Federal Reserve cuts its forecast for employment and GDP growth. (Reuters) The expanding Greek debt problem will trouble the G20 summit. (Reuters) Groupon’s IPO may be a dollar higher than its…
If you trust BMO Capital Markets, it looks like ARM Holdings PLC (NASDAQ: ARMH) has more upside than Intel Corporation (NASDAQ: INTC). In a switch around call, BMO raised ARM Holdings to “Outperform”…
Germany’s PMI contracts. Germany’s PMI contracted for the first time since September 2009, and to the lowest level since July 2009 — in the midst of the recession. This signals that the slowdown…
HTC, the Taiwan-based smartphone company, was barely known in the U.S. three years ago. It is now the number one manufacturer of the devices sold in America because of its clever adoption…
Sony (NYSE: SNE) has made another in a long line of disappointing announcements about earnings. This one should cost chairman and CEO Sir Howard Stringer his job. He has been a failure…
Shares in Sprint Nextel Corp. (NYSE: S) and Nokia Corp. (NYSE: NOK) are both down more than -5% in mid-afternoon trading today. There’s not specific news to account for the drop, but…
When Apple Inc. (NASDAQ: AAPL) reported that it sold 17 million iPhones in the third quarter of this year, that meant that the company’s smartphone market share fell from about 17.4% to…
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…
