A shutdown of the federal government could still happen at the end of the month as the budget battle moves to the Senate. (Reuters) Hewlett-Packard (NYSE: HPQ) names Meg Whitman, former CEO…
Following a decent boost to its long-suffering stock price yesterday, Hewlett-Packard Co. (NYSE: HPQ) has nearly given it all back today. Yes, the whole market’s down by about -3.75%, but HP’s shares…
Web site visitors didn’t set any records last month, but they also didn’t lose any ground. Among the leading sites, some had small gains and others had small losses. Overall though, more…
Parties of Merkel and allies parties beaten in Berlin elections. (Reuters) Obama jobs plan geared toward Democrat voters. (Reuters) Greece must take more austerity measures to get bailout money. (Reuters) Moody’s bias…
The number of ways consumers can spend their money is poised to get larger. The familiar credit and debit cards are threatened by all manner of electronic payment methods, and none of…
UBS (NYSE: UBS) trader loses $2 billion in unapproved trades. (Reuters) The head of the World Bank says the global economy has entered a danger zone. (Reuters) General Motors (NYSE: GM) and…
Best Buy needs new leadership. The current CEO, Brian J. Dunn, has had his chance to turn the company around. Nearly every news report about Best Buy’s (NYSE: BBY) poor earnings carried…
Moody’s cuts ratings of France’s Credit Agricole and Societe Generale as Greek debt trouble spreads. (Reuters) Federal Reserve may try to help the economy with more bond purchases. (Reuters) Yahoo! (NASDAQ: YHOO)…
Ron Burkle already owns 6% of American Apparel (NYSE: APP). There are reports that he may buy a large portion of the retailer’s debt via financing an offer by Jason Taubman Kalisman,…
Douglas A. McIntyre Apple Inc. (NASDAQ: AAPL) is supposed be invincible. Apparently, as your size grows your problems can grow as well. Apple’s Online Store website is down. http://store.apple.com is the failed site at the…
If you have been a reader of 24/7 Wall St. for long, you know that we appreciate companies that pay dividends just about as much the investors who buy companies because of…
Germany and France reached a deal on how to handle the Greek debt crisis (MarketWatch) China’s PMI growth rate slowed to the lowest level since July 2010 (MarketWatch) Apple (NASDAQ: AAPL) may…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Alcatel-Lucent (NYSE: ALU) Maintained Underperform but raised estimates at Credit Suisse.…
Short sellers often invest in stocks that have had sharp short-term gains and may have reached peak valuations. That would put Netflix (NASDAQ: NFLX) on most of those lists, along with Sirius…
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
