What’s Important in the Financial World (2/6/2013)
ThinkstockHackers Hit the Fed Hackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to…
ThinkstockHackers Hit the Fed Hackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to…
Frank Golhen, via Wikimedia CommonsMany stocks are on the move, and almost of the key movers have been on corporate earnings report except for one. We have blown through some of the…
ThinkstockThe Dow Jones Industrial Average has just seen a major move in January 2013, with gains of nearly 6%. That was even after two days of light profit taking at the end…
Thinkstock The United States has always prided itself as one of the most innovative countries in the world. In fact, patenting in a wide range of scientific fields has been on the…
January has been one great month for equity investors. With the Dow Jones Industrial Average up about 6.5% and challenging 14,000 again, and the S&P up more than 5.5% back above 1,500,…
ThinkstockEven though demand for semiconductors fell in $297.6 billion in 2012, that still represents a lot of chips. The drop in demand is almost entirely due to higher consumer demand for mobile…
courtesy of YouTubeThe head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters) The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it…
courtesy of DellOK, so the buyout of Dell Inc. (NASDAQ: DELL) may not be as much hype as the market was originally thinking. Buying a company for more than $20 billion is no…
ThinkstockDell Inc. (NASDAQ: DELL) has seen its shares rise handily on Monday on news (rumors really)Â that the company might be in talks with private equity firms in a possible go-private transaction. All…
ThinkstockIf you were looking for confirmation that sales of personal computers were weak during the holidays, look no further. Gartner has released its data, which said that global PC shipments declined by 4.9%…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far from Wall St, research calls this Monday: American Express Co. (NYSE: AXP) cut to Neutral on valuation/price…
ThinkstockAfter a solid year for information technology spending by major corporations in 2012, companies surveyed by analysts at UBS A.G. (NYSE: UBS) suggest that spending will decline in 2013. In fact estimates have dropped…
courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place,…
Chicago Fed President Charles Evans says he expects gross domestic product to rise 2.5% this year. (Reuters) The U.S. government’s sale of shares in General Motors Co. (NYSE: GM) may help the…
ThinkstockAmerican Express Co. (NYSE: AXP) announced it will lay off 5,400 people, due in part to a slowdown in its travel business. The firm will take a fourth-quarter charge. As far as…