According to Reuters, a House committee advanced the economic stimulus bill. Reuters reports that China’s GDP growth slowed. Reuters reports that exports from Japan dropped sharply. Reuters writes that Sony (SNE) warned…
According to Reuters, the financial crisis may speed up the approval of the Treasury Secretary. Reuters reports that Fiat has set a deal to own 35% of Chrysler. Reuters reports that an…
The number of large American companies which have effectively dodged the falling safe of the recession can be counted on most people’s fingers and toes. Wal-Mart (WMT) has done remarkably well, but…
International Business Machines (NYSE: IBM) has posted some mixed earnings with earnings at $3.28 EPS and revenue at $27.01 billion. Thomson Reuters (First Call) had estimates of $3.03 EPS and $28.05 billion…
Douglas A. McIntyre IBM (IBM) has become a target of antitrust regulators in the European Union. Several media sources say that a US company called T3 Technologies claims that IBM refused to offer its software…
According to Reuters, Chrysler and Fiat in are in talks about a possible partnership. Reuters reports that Carlos Slim will invest $250 million in The New York Times. Reuters writes that China…
Check with Sun (JAVA). The server end of the tech industry has poor margins and unforgiving competition. HP (HPQ) has a server division. It grew only .7% in the company’s last fiscal…
According to Reuters, Steve Jobs will take a medical leave from Apple (AAPL) until June 30. Reuters reports that Bank of America (BAC) is in discussions with the government to get billions…
According to Reuters, Citigroup (C) has begun the process of breaking itself into pieces. Reuters reports that Chrysler is in deal talks about selling assets to Renault or Magna. Reuters reports the…
According to Reuters, Detroit’s efforts to build "green" cars may come too late. Reuters reports that Obama is seeking the $350 billion still left in the TARP. Reuters writes that prosecutors will…
For the latest reported period, ending December 31, short sellers did not make any notable moves in or out of tech, financials, or industrial shares. What they did do was take impressively…
It would be hard to miss the headline that Alcoa (AA) fired 15,000 people yesterday. The actions of big companies are probably a much better indicator for what is ahead for the…
According the Reuters, December domestic cars sales were the worst month in years. Reuters writes that Toyota (TM) will cut plants. Reuters reports that Apple’s (AAPL) Jobs tried to calm investors about…
According to Reuters, Wall St. closed its worst year since The Depression. Reuters reports that GMAC did not hit its goal of trading debt for equity and cash. Reuters reports that GM…
Today 24/7 Wall St.named its annual CEO of the Year James A. Skinner of McDonald’s (MCD). He was picked from a field of ten executives which we profiled over the last ten…
