Wikimedia CommonsGeneral Electric (NYSE: GE) has spent more than $1 billion on Olympic projects, the company announced Monday. The Fairfield, Conn.-based company says it has supplied, among other things, medical scanners and other health…
247sam The Wall Street Journal reports that federal prosecutors want to speak with former Avon Products (NYSE: AVP) CEO Andrea Jung. These prosecutors continue to investigate Avon’s compliance with the Foreign Corrupt Practices…
General Motors (NYSE: GM) fires its marketing head because of a deal he set for soccer sponsorships. (Reuters) HSBCÂ (NYSE: HBC) is under U.S. investigation over Libor manipulation. (Reuters) The Apple (NASDAQ: AAPL)…
Don’t say that the United States is entering a recession. Not yet at any rate. For a true recession to be present, the gross domestic product (GDP) has to be negative for…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St.research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) raised to Overweight at Piper Jaffray. Caterpillar Inc.…
nationsonline.orgEurope is in the pits. It is in a real recession, even if some countries have not officially declared it a recession. And the falling Euro makes the imports that much more…
The increase in the stock prices of companies that have strong cash flow and high dividends almost certainly will continue as investors look for safe havens that pay investors an actual return.…
Samsung management said the sales of its flagship Galaxy S III smartphone reached 10 million in the first two months it has been on the market. That pace may not be quite…
The three major US stock indexes opened lower this morning after Spanish bond yields rose above 7% again and the country’s Valencia region asked for central government assistance in paying its debts.…
A federal appeals court in Washington, D.C., today ruled that the US EPA’s 2010 rule limiting emissions of sulfur dioxide was valid. The rule had been challenged by a trade group representing,…
The U.S. markets appear to be set to follow Asian and European markets lower. Standard & Poor’s 500 Index could end a three-day rally, even as companies reported better-than-expected earnings in the…
This morning, General Electric (NYSE: GE) posted second-quarter earnings that topped consensus estimates as profit climbed at its energy and finance units. Earnings from continuing operations rose to $4.01 billion, or $0.38…
Trey Thoelcke When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company found “nearly half of Americans, 46%, still say the…
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…
Wednesday is going to mark yet another important day for the early wave of key earnings for this earnings season. The second quarter became more challenging for many companies as we noted…
