The pace of stock buyback announcements in the month of August was almost unbelievable. The pace was stronger at the start of the month when earnings were still coming in droves, but…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak…
The price of austerity has begun to hurt local and state government employment again. The trend is the continuation of one that started three years ago as a sharp drop in tax…
The site FoxNewsPolitics.com, part of the online presence of the huge Fox and Fox News online presences was hacked. Malicious tweets said President Obama had been killed. Obama is actually safe on…
Strauss-Kahn may be released because of fraudulent charges (NYT) Geithner may retire as Treasury Secretary (Reuters) The Fed Bullard said QE2 was similar to more rate cuts (Reuters) Lockheed Martin (NYSE: LMT)…
Microsoft (NASDAQ: MSFT) launched its new cloud product, Office 365. Many of the business clients of the world’s largest software company no longer want Office to run on their PCs and servers.…
In the 1990s, Kevin Mitnick was the most wanted cyber-criminal in the world. These days, Mitnick is wanted for another reason — his expertise. Demand for Mitnick’s services as security consultant —…
The Financial Times reports that hackers have gained access to a number of Citigroup (NYSE C) credit cards numbers which belong to the bank’s customers. “The bank said that about 1 per…
When economic softness spooks high-flying stocks, solid companies with good histories, solid return on equity, and above average dividends are a handy remedy. We screened five companies in the industrial sector, three…
A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit a…
The Chinese government has attacked Google (NASDAQ: GOOG) over its allegations that hackers within the People’s Republic recently compromised Gmail accounts. China’s People’s Daily reported that Google’s comments have “become obstacles for…
How does a renewable energy company’s IPO relate to possibly rekindling interest in the tiny sector of nanotechnology? Actually, there is a deep tie now. Solazyme, Inc. (NASDAQ: SZYM) is a renewable oil and…
Jon C. Ogg Moody’s said it may downgrade Japan’s debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most of it.…
This is the Twitter-24/7 Wall St. market report for May 30, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
America lost its lead as the world’s top manufacturer to China. That is in part the basis of the argument that China’s Gross Domestic Product will pass America’s sometime before the middle…
