Brent crude rose $6 to $113 on worries about Middle East contagion. (Reuters) GM (NYSE: GM) is likely to post its first annual profit since 2004. (Reuters) An effort by shareholders to…
The head of the Bank of Japan said that easing by the G20 central banks was necessary even though it may be causing inflation in the emerging world (Reuters) The head of…
When the Boeing Co. (NYSE: BA) took the wraps off its new 747-8 Intercontinental last Sunday, the company harked back to the introduction of the first 747 some 42 years ago in…
24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved…
In remarks to a meeting of airlines executives, International Air Transport Association head Giovanni Bisagnani said that air passenger traffic would grow by a third by 2014 and that cargo traffic would…
In a major reversal from a policy promoted in the early 1990s, the US Defense Department is now warning defense contractors to beware of mergers and acquisitions in the defense industry. The…
Not only does The Boeing Co. (NYSE: BA) have problems delivering its new 787 Dreamliner and 747-8 passenger planes, now the company is getting cancellations on orders for its sturdy 737. Bloomberg…
Jon C. Ogg Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers…
China PMI data for January showed inflation (Reuters) BP plc (NYSE: BP) posted strong earnings and reinstated its dividend (Reuters) The IMF said imbalances in employment and prices could cause protectionism among…
Americans are used to being No.1 in nearly all the world’s businesses, and athletic endeavors. The foundation of that certainly began to erode in the 1970’s, when much of America’s manufacturing industry…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Abercrombie & Fitch Co. (NYSE: ANF) Cut to Market Perform at FBR.…
Following a weak fourth quarter earnings report and an even weaker outlook on profits for 2011, Boeing Co. (NYSE: BA) CEO Jim McNerney said on the company’s conference call that Boeing could…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Kenneth F Duberstein has been a Boeing (NYSE: BA) director since 1997. Prior to joining the board, he was, among other things, White House Chief of Staff in 1988 and 1989 and a…
Douglas A. McIntyre Earnings season is in full swing and we have a back-breaker of an earnings week ahead of us. There are some 11 DJIA components reporting earnings and a whole slew of other…