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…
That is an attention grabbing headline. And Mark Zuckerberg should leave Facebook (NASDAQ: FB). He will not be pushed out, though, like Steve Jobs was at Apple (NASDAQ: AAPL) in 1985 when he…
A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters) The UK government and Bank of England could inject as much as 100 billion…
Nokia (NYSE: NOK) to lay off 10,000 people. (Reuters) RealtyTrac reports foreclosures rise for the first time in 27 months. (Reuters) China may cut rates rather than press stimulus. (Reuters) A number…
24/7 Wall St. loves companies which send capital back to shareholders via dividends. With all of the uncertainty in today’s markets and in the fluctuating economy, having a solid dividend policy may…
Zynga, Inc. (NASDAQ: ZNGA) is feeling the wrath of an analyst call from Cowen today, with a neutral rating. It was not the formal call but the implication which matters here. The…
Jon OggThe short interest data is out using the May 31 settlement date. As the market dropped so much in May, it is an interesting look to see what short sellers did…
Jon OggEach morning 24/7 Wall St. releases the top analyst upgrades and downgrades seen from Wall Street firms. After reviewing those calls and other calls not covered in the morning summaries, we…
courtesy Facebook Inc.Calling a bottom is generally speaking a sucker’s game and it can often feel a bit like trying to catch falling swords. That is particularly the case when you have…
Gallup has released results of a poll about the attitude of the Chinese toward pollution. Experts have long believed that the People’s Republic cares little about clean water or air when those are…
courtesy Facebook Inc.Now that hackers have broken into eHarmony’s database, the game system of Sony’s (NYSE: SNE) PlayStation network, Google’s (NASDAQ: GOOG) Gmail system in China, and several U.S. government and major corporate websites,…
A rate cut in China prompts some economists to worry that May economic data will be weak. (Reuters) In the wake of its ratings downgrade by Fitch, Angela Merkel says that the…
The Apple (NASDAQ: AAPL) App store, and Google’s (NASDAQ: GOOG) for Android face new competition. Facebook (NASDAQ: FB) has opened an app store of its own. Most of the software available at…
The three major US stock indexes opened higher this morning despite the refusal of the European Central Bank to lower its interest rates (our story here) and a lower-than-expected rise in US…
The NASDAQ OMX Group (NASDAQ: NDAQ) is going to try to make good on its botched IPO of Facebook, Inc. (NASDAQ: FB). This is not really good to the public, at least…
