Apple (AAPL) found that three of the companies that provide it with components to build its products employ underage workers. Apple’s 2010 Supplier Responsibility reports says that “Apple discovered three facilities that…
Douglas A. McIntyre Everyone, or at least most everyone, loves dividends. While some investors love share buybacks, dividends seem to be the new way we are seeing for companies to reward shareholders. The good news…
Reuters: Akio Toyoda met with Transportation Secretary LaHood. Reuters: Lloyds posted huge loss driven by bad debts. Reuters: A job creation effort is hung up in Congress again. Reuters: Blackstone (BSX) got commitments for…
Apple Inc. (NASDAQ: AAPL) has recovered sharply today from its lows, although it may be on more noise than news. The company at its annual meeting reelected its seven board members. There…
Douglas A. McIntyre There is one headline about management that almost always brings up concerns from the financial community….. CFO Resignations. GameStop Corp. (NYSE: GME) is paying a price this morning because CFO Catherine Smith…
Palm (PALM) may not be dead, but it is dying. It could not survive that ongoing success of smartphone leaders Apple (AAPL) and RIM (RIMM). The iPhone and Blackberry just keep gaining…
Updated throughout the day Greece will sell a 10-year bond next week to raise about $3 billion. (WSJ) GE (GE) will sell a $3.3 billion interest in Turkish bank Garanti (CNBC). Australia’s…
Apple (AAPL) iTunes passed 10 billion song downloads yesterday. It is a milestone analysts had been anticipating for the last month. The consumer electronics company celebrated the accomplishment with an odometer on the…
Douglas A. McIntyre Most of the press Nintendo, the world’s No.1 video game console company, gets is for its Wii machine which has kept a lead in unit sales over the Microsoft (MSFT) Xbox 360 and Sony…
Updated throughout the day. Canada’s Brookfield may bid against Simon Property Group (SPG) for the assets of real estate from General Growth. (Bloomberg) The deal for GM to sell Hummer to Sichuan Tengzhong Heavy…
The problem with customer satisfaction surveys is that, by their nature, they look back in time and not forward. Bloomberg BusinessWeek announced the results of its customer service poll recently. The project…
Reuters: The $15 billion jobs bill advanced in the Senate. Reuters: Toyota (NYSE:TM) faces a US criminal probe. Reuters: KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share…
The New York Times reports that Walmart (WMT) has bought video on demand hardware and software company Vudu. The firm’s service is built into set-top boxes and Blu-ray devices. The paper reports that Vudu recently “announced…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Updated throughout the day. Goldman Sachs (GS) has begun PR efforts to improve its image (NYPost). Stanley Fink, the former chief executive of Man Group, and Larry Hite may start a new hedge…
