Nokia Corp. (NYSE:NOK) new Chief Executive Steven Elop was hired in September to lead a turnaround of the struggling cellphone maker whose market value has eroded by $61 billion. With today’s announced…
The head of Android operations at Google (NASDAQ: GOOG) says that the adoption of the mobile operating system has gotten a substantial lift from outside the United States. That does nothing to tell…
The new tax package made it through the first stage of Congressional approval. (Reuters) The federal government began the process of setting higher capital requirements for US banks. (Reuters) China will have…
There have been two standout research calls this morning in two of the darlings of tech and internet investors. Goldman Sachs, in a broader technology group call, put a Conviction Buy List…
Over the weekend the Chinese government revealed that the country’s inflation rate had hit 5.1%, considerably higher than expectations of around 4.7%. An interest rate hike was expected to follow, but it…
The Senate is close to a vote on the new tax package. (Reuters) China extended its reserve requirements for top banks. (Reuters) A&P filed for bankruptcy. (Reuters) Oil rose after OPEC refused…
Douglas A. McIntyre The short sellers ran for cover in the actively traded high priced market leaders at the end of November. With only a few exceptions of our “high-priced leaders,” almost all of these…
Updated throughout the day. MasterCard (NYSE: MA) will buy Travelex (Reuters) Morgan Stanley (NYSE: MS) will sharply cut management pay (WSJ) Google (NASDAQ: GOOG) did not complete a buy-out of Groupon due…
Seventeen billionaires including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz have agreed to pledge most of their money to charity. (www.thegivingpledge.org) (Reuters) WikiLeaks supporters shut down the MasterCard (NYSE: MA) and Visa (NYSE V)…
The US government has broadened it probe of insider trading. (Reuters) The euro will not last more than a few years, according to Jim Rogers. (Reuters) Fannie Mae and Freddie Mac are…
It’s probably an overstatement to say that we have now gotten our first look at the long-awaited Nexus S smartphone from Google Inc. (NASDAQ: GOOG). The new phone, introduced a mobile device…
Reuters: Obama’s deal with Congress will extend Bush tax cuts for two years. Reuters: The US will sell its remaining shares in Citigroup (NYSE: C) and will make a $12 billion profit.…
The Dow Jones Industrial Average (also called The Dow, Dow 30 and the DJIA) is what most Americans think of as the “stock market.” The widely followed benchmark of 30 American stocks,…
AOL (NYSE: AOL) may break itself into pieces in preparation for a potential merger with Yahoo! (NASDAQ YHOO). (Reuters) Ben Bernanke, chairman of the Federal Reserve, told “60 Minutes” that the central…
Intel Corporation (NASDAQ: INTC) has an extreme dominance when it comes to the market share of processors inside of personal computers, generally referred to as about 80% depending upon your source and…
