It’s been six years since the US Congress outlawed “illegal online gambling” without ever defining what the term meant. Congress did say what it wasn’t however: it is not illegal for a…
The three major US stock indexes opened mixed this morning as markets reacted to weak PMI reports from both Germany and China (more coverage here). A flash reading on US PMI was…
Each and every morning 24/7 Wall St. reviews the top analyst upgrades and downgrades from Wall Street analysts. Some of these move stocks in a serious way while others sometimes miss the…
Jon C. Ogg Google Inc. (NASDAQ: GOOG) is hosting its annual shareholder meeting today at 2:00 PM local time (5:00 PM EST). Investors should really consider something here: today’s annual shareholder meeting just doesn’t matter.…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Ariad Pharmaceuticals Inc. (NASDAQ: ARIA) Maintained Hold at Argus. CenterPoint Energy Inc. (NYSE:…
Business Insider’s barely controlled riot of sharp analysis on the economy, thinly sourced stories, extremely deep coverage of the tech and media industries, scandal and gossip, along with coverage of mainstream news,…
Douglas A. McIntyre The Federal Reserve says it will increase help to the U.S. economy, and it may be willing to do more. (Reuters) Spain may request more financial aid for its troubled banks. (Reuters)…
New research from consulting firm InSites Consulting reveals a high level of social media usage in the US, much higher than in Europe. Some 80% of US companies use Facebook Inc. (NASDAQ:…
Paul Ausick courtesy Facebook Inc.Is it possible that Facebook, Inc. (NASDAQ: FB) is actually back? Monday’s close brought a three-day in a row rally in the stock. Tuesday made the rally the fourth consecutive…
Jon C. Ogg The Federal Reserve may act to spur the faltering economy. (Reuters) The G20 backs aggressive actions to combat Europe’s financial problems. (Reuters) Microsoft (NASDAQ: MSFT) did not tell its PC customers, including…
Facebook, Inc. (NASDAQ: FB) was trading up at the opening bell but the tape went red shortly after the opening bell. What is interesting and what matters perhaps more than anything right now is…
Jon C. Ogg The international capital markets refuse to give Spain a break as faith in its ability to solve its own financial problems has faded to black. The country issued three billion euros of 12-…
Douglas A. McIntyre Microsoft (NASDAQ: MSFT) launches its Surface tablet. (Reuters) European leaders say they will create a more integrated banking system. (Reuters) The Financial Industry Regulatory Authority may determine whether Nasdaq (NASDAQ: NDAQ) was at…
There has been very little activity in the initial public offering market of late. Facebook, Inc. (NASDAQ: FB) is largely to blame, as was the “Sell in May and Go Away!” theme…
Jon C. Ogg The pro-austerity party wins the election in Greece and will try to build a coalition. (Reuters) India surprises analysts by keeping its rates as is, despite a slow economy. (Reuters) The FCC…
