The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred…
Credit Suisse is initiating and reinstating coverage on the Internet players. The bias is positive on some and neutral on others from analyst Spencer Wang. Outperform ratings were given to Amazon.com Inc.…
The three major U.S. stock indexes opened higher this morning, reaching a peak after the first half-hour of trading following an inline report on new jobless claims (more coverage here) and no…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at UBS. Consolidated Edison Inc. (NYSE:…
Bank of America Merrill Lynch is out with a preview of its third-quarter Internet expectations this morning, and it is raising some price targets on key companies. Bank of America said that large…
The number of U.S. smartphone owners who use either their mobile browser or a dedicated app to visit a retail site totaled 89.5 million in July, representing about 4 out of every…
General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters) J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices. (Reuters) China…
The end of summer stock market run-up pushed the S&P 500 index above 1,400, a 12% gain year-to-date. But are businesses better off in 2012 than in 2011? To find out, 24/7…
“Can I just PayPal that?” is a question you do not hear too often inside of retail stores, where credit cards have ruled over cash for about two decades. That is about to…
Based on filings with the SEC, Silicon Valley legend Peter Thiel has sold millions of shares of Facebook (NASDAQ: FB) held by various of his funds, most of which carry the Founders LP fund…
The world’s largest restaurant chain, McDonald’s Corp. (NYSE: MCD) has confirmed that it is testing mobile payments at 30 of its stores in France. McDonald’s has about 30,000 stores all around the…
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With…
In the copyright case between Google Inc. (NASDAQ: GOOG) and Oracle Corp. (NASDAQ: ORCL), the judge asks for names of paid reporters and bloggers who work for the companies. (Reuters) The government…
The USDA reports that drought has made a large increase in food prices likely. (Reuters) The government of Changsha in China launches a $130 billion stimulus program. (Reuters) Hackers have effectively attacked…
The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that something will…
