Big Companies Pay Little in Taxes
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…
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…
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…