Yahoo! (NASDAQ: YHOO) threatens a patent suit against Facebook, citing a number of violations. (Reuters) TransCanada (NYSE: TRP) cuts the length of its Keystone XL pipeline in the hopes of finishing some…
The smartphone wars have heated up as the industry’s leaders gather in Barcelona for the Mobile World Congress. Most of the companies that currently run behind Apple (NASDAQ: AAPL) in smartphone market share…
The BP (NYSE: BP) oil trial is delayed for settlement talks. (Reuters) G20 ministers and central banks say Europe has to add money to its own funds before seeking outside aid. (Reuters)…
Steve Wynn pushes major shareholder Kazuo Okada off the board of Wynn Macau. (Reuters) AIG (NYSE: AIG) makes a large profit on portfolio gains. (Reuters) Apple’s (NASDAQ: AAPL) legal fight with Proview International…
A panel suggests that Vivus diet drug Qnexa be approved by the FDA. (Reuters) Japan may cut crude oil imports from Iran by 20%. (Reuters) Poor results cause shares of Hewlett-Packard (NYSE: HPQ)…
Now that the Japanese partner of BP plc (NYSE: BP), Mitsui & Co’s MOEX, settled claims against it for its portion of the Macondo well explosion that killed 11 people and dumped…
The US Department of the Interior has approved an oil-spill plan presented by Royal Dutch Shell plc (NYSE: RDS-A) to respond to a potential spill when the British/Dutch company begins to explore…
Paul Ausick About two weeks ago development-stage renewable fuel maker Gevo Inc. (NASDAQ: GEVO) was awarded a US patent for recovering alcohol cheaply during the fermentation process. The recovered alcohol is then used to…
The spokesman for the Iraqi energy ministry has said the Exxon Mobil Corp. (NYSE: XOM) will be excluded from the next round of bidding for licenses to produce the country’s oil &…
Greek ministers will go to Brussels to meet with EU officials about restructuring of debt, but several details have not been resolved. (Reuters) Groupon (NASDAQ: GRPN) posts earnings that trouble Wall St. and…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Annaly Capital Management Inc. (NYSE: NLY) Cut to Market Perform…
US equity markets opened lower this morning, but after the first hour or so of trading, the three major indexes moved to positive territory where they remained for the rest of the…
BP plc (NYSE: BP) is trying to get into full recovery mode after the accident in the Deepwater Horizon nearly two years ago. Along with earnings this morning, BP is raising its…
Jon C. Ogg Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ruling coalition…
Glencore and Xtrata agree to a $90 billion merger. (Reuters) Greek leaders face a deal for settling sovereign debt matters as workers strike. (Reuters) Toyota (NYSE: TM) posts good third-quarter profits and…
