Updated throughout the day on the 24/7 Wall St. Wire: The government asks large U.S. banks for plans to prevent collapse. (Reuters) International Business Machines Corp. (NYSE: IBM) approaches Research In Motion…
Douglas A. McIntyre The drought raises more concerns about food inflation. (Reuters) The United States asks banks to set up further plans in the event that they collapse. (Reuters) The U.S. will not prosecute Goldman…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
The story of American business has been about shipping the country’s manufacturing jobs overseas. However, there is another part of the story. Every year, American companies hire thousands of highly skilled foreign…
wikicommons / SkimstaMany American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned…
Yahoo! Inc.’s (NASDAQ: YHOO) former interim CEO, Ross Levinsohn, quits. (Reuters) Manchester United sets IPO terms. (Reuters) The jury is selected in the Apple Inc. (NASDAQ: AAPL) vs. Samsung Electronics Co. IP…
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…
U.S. markets are set to open higher, buoyed by somewhat better-than-expected earnings. Late Wednesday, IBM (NYSE: IBM) posted a higher profit and boosted its earnings target for the year. EBay (NASDAQ: EBAY)…
A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters) New IMF policies will examine whether individual national economies might hurt global growth. (Reuters) IBM (NYSE: IBM) raises…
International Business Machines (NYSE: IBM) on Wednesday announced earnings higher than Wall Street expectations, sending shares up 1.83% in the first 20 minutes of after-hours trading to $191.70. The company earned $3.9 billion in the second-quarter,…
247sam The three major US stock indexes opened modestly lower this morning as there was little news out of Europe and Asian markets closed mixed. Traders were waiting to hear more from Fed…
Yahoo!’s (NASDAQ: YHOO) profits fall slightly. (Reuters) Intel’s (NASDAQ: INTC) forecast implies PC sales will be weak. (Reuters) The head of the holding company for British Air and Iberia says an AMR…
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…
Friday has been a stellar day based upon reaction to the major bank earnings reports and due to reports that China’s GDP maintained a growth rate of 7.6%. What is amazing is…
