Wikimedia CommonsFollowing the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief Program — TARP — in an effort to stop…
courtesy of AOL, IncNissan’s fiscal fourth-quarter profit rises 46%. (Reuters) Carl Icahn and Southeastern will offer an alternative to the Dell Inc. (NASDAQ: DELL) buyout. (WSJ) ArcelorMittal (NYSE: MT) earnings are hit…
ThinkstockCharles Plosser, President and Chief Executive Officer of Federal Reserve Bank of Philadelphia, gave a speech on Thursday afternoon discussing how to end the “Too Big To Fail” conundrum of the big…
courtesy of Facebook Inc.China’s inflation rises more than expected in April, although factory prices drop. (Reuters) High revenue at Groupon Inc. (NASDAQ: GRPN) sends shares up by double digits. (Reuters) Tesla Motors…
courtesy of AOL, IncChina’s trade surplus is better than expected in April. (Reuters) With inflation below Federal Reserve targets, the central bank may have to increase bond buying. (Reuters) Some hedge funds…
ThinkstockWith the stock market trading at all-time and multiyear highs, the question on every investor’s mind is can the stock market go even higher? At 1,615, the S&P 500 is at 15.4…
ThinkstockThe U.S. government accuses China of stealing military secrets. (Reuters) Microsoft Corp. (NASDAQ: MSFT) plans to upgrade Windows 8 to boost sales. (Reuters) New York state will file charges against Bank of…
courtesy of NetflixThe HSBC services Purchasing Managers’ Index (PMI) drops to 51.1 in April, a sign that China’s manufacturing economy is barely expanding. (Reuters) Bain and Golden Gate are close to a…
TwitterThis weekend will mark yet another annual shareholder meeting for Berkshire Hathaway Inc. (NYSE: BRK-A). Warren Buffett has even started to use Twitter to kick off what is often called The Woodstock…
As the stock market keeps hitting new highs, the spreads of high-yield bonds and junk bonds has been narrowing and narrowing. We even recently highlighted that these spreads were reaching what submariners…
courtesy of AOL, IncBoeing Co. (NYSE: BA) shows airlines plans for a 777 that would have the longest range of any plane in the world. (Reuters) A low-end version of the Nokia…
Jon OggThe first-quarter earnings season is peaking this week, as far as the number of companies on a normal calendar. Corporate earnings have been weaker than expected in a manner of sorts,…
Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall St. firms. They often do not get to see or they overlook the analyst downgrades and lists of…
ThinkstockIs it possible that the great big bank stock rally is already done? Shortly before the closing bell on Tuesday came words of warning from Fitch Ratings that the U.S. banking sector’s…
Jon OggStocks have enjoyed a serious bull market, and we still have the S&P 500 Index and the Dow Jones Industrial Average both up by double digits so far in 2013. As…
