J. C. Penney Company, Inc. (NYSE: JCP) is getting hit pretty hard this morning. While current investors will not appreciate the drop, this is actually great news for those investors who wanted…
Taiwanese chip maker Elan Microelectronics Corp. has settled a patent dispute with Apple Inc. (NASDAQ: AAPL). According to Elan, Apple will pay the company $5 million and the two will sign a…
Paul Ausick Too much of a good thing, maybe, for Verizon Communications Inc. (NYSE: VZ). Verizon Wireless, the company’s joint venture with Vodafone plc (NASDAQ: VOD) sold 4.2 million Apple Inc. (NASDAQ: AAPL) iPhones…
Eastman Kodak (NYSE: EK) probably will declare bankruptcy this month. It has too little cash to operate with its current expenses and balance sheet. So far, it has been unable to license…
Eastman Kodak (NYSE: EK), established nearly 140 years ago, soon may declare Chapter 11. It is burdened by debt, loses money and has been unable to license most of its 1,100 patents. It…
Blackstone (NYSE: BX) will complete the capital raise for its $16 billion fund. (Reuters) The EU agrees to an embargo on Iranian oil. (Reuters) Citing defense cuts, Boeing (NYSE: BA) closes it…
Shares of Netflix Inc. (NASDAQ: NFLX) have risen about 7% today and it’s hard to say whether the main cause is speculation that Yahoo! Inc. (NASDAQ: YHOO) might buy the company or…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Acme Packet, Inc. (NASDAQ: APKT) Cut to Neutral at…
US stock markets rallied on the first morning of trading in the new year. Index futures were up sharply and trading zoomed past the mark to rise more than 2%. Strong manufacturing…
In an apparent effort to blow out its existing inventory, Research in Motion Ltd. (NASDAQ: RIMM) has dropped the price of all its PlayBook tablets to $299 — regardless of memory size.…
Apple Inc. (NASDAQ: AAPL) is the darling of Wall Street and Main Street in America. If you go beyond the permanent loss of Steve Jobs and just look at the business and…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Akamai Technologies, Inc. (NASDAQ: AKAM) Cut to Neutral from…
The primary reason, it is often argued, that China is an important market for many large U.S. companies is that its population has doubled since the early 1960s. But the whole picture…
The markets will await several critical pieces of data over the next several days. Stocks likely will not move much until this information is out. December car sales will show whether consumers…
Wall St. expects same-store sales for December to rise 4.3%. (Reuters) Returns of holiday online gifts are expect to reach a record. (Reuters) Venezuela says it will pay Exxon Mobil (NYSE: XOM)…
