According to Reuters, regulators around the world are trying to shore up the banking system. Reuters reports that the Fed is trying to broker a deal for whether Citigroup (C) or Wells…
Bloomberg is reporting that Google (GOOG) will delay its deal to sell search advertising for Yahoo! (YHOO) "until U.S. regulators can wrap up an investigation into the deal." Since The Justice Department…
According to Reuters, the House will vote on the bailout bill today. Reuters reports that JP Morgan (JPM) will not keep the CEO of WaMu. Reuters reports that John Thain of Merrill…
Yahoo! Inc. (NASDAQ: YHOO) is probably wishing it could go back in time and take that $30+ buyout from Microsoft. Shares closed today at $15.58. That is a 52-week low and a…
Hope dies hard. A lot of Wall St. analysts still think that earnings from the S&P 500 companies will be up in aggregate in Q4 2008 compared with the same quarter last…
Today was a very strange day in Google Inc. (NASDAQ: GOOG) as far as a stock. As we suspected and went out with after seeing this too many times, NASDAQ has made…
Douglas A. McIntyre If you have ever seen odd trading, Google Inc. (NASDAQ: GOOG) saw its fair share of odd trading. Shares had been up the entire day and right before today’s close there was…
Douglas A. McIntyre According to Reuters, the credit crisis has sharply increased the chances of a deep recession. Reuters reports that the fall in the stock market is pushing investors into safe investments like Treasuries.…
In a sign that the entire market has gone under the sword, Apple (AAPL), Google (GOOG), and RIM (RIMM) have all breached their 52-week lows. Apple dropped to $109, down from a…
The perverse view of Google (GOOG) as a "recession proof" company has already been given lie by the firm’s share price. Last week, the stock got as low as $421, near its…
Douglas A. McIntyre Apple (AAPL) has begun the process of "unlocking" its new 3G iPhone, a move that caused controversy with the earlier version of the handset. The unlocked phone can be used on any…
According to Reuters, talks over a US bailout of banks broke down and will begin again today. Reuters reports that Washington Mutual (WM) became the largest bank failure in US history. Many…
According to Reuters, Bush called an emergency meeting of Congressional leaders to push through bank bailout legislation. Reuters reports that Goldman Sachs (GS) and Morgan Stanley (MS) are preparing to take advantage…
According to Reuters, Warren Buffett invested $5 billion in Goldman Sachs (GS). Reuters says that the Paulson bailout plan is being attacked in Congress. Reuters reports that Japanese banks, in trouble a…
According to Reuters, Wilbur Ross say the bailout package does not address the core of problem which is mortgage payments. Reuters writes that the National Retail Federation says that this will be…
