ThinkstockInternational Business Machines Corp. (NYSE: IBM) has said in a statement that it will vigorously fight the lawsuit filed in the U.S. District Court in Manhattan by shareholder Louisiana Sheriffs’ Pension and Relief Fund over…
bfishshadow via Wikimedia CommonsA year ago, the idea that the Nasdaq Composite could reach its record high, set on March 10, 2000, seemed preposterous. That high was 5,132.52, and it had been driven…
Courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) may change CEOs within months, of even weeks, of one another. GM has already chosen Mary Barra to replace Dan…
thinkstockDecember 13, 2013: Markets opened higher on Friday morning but struggled to hold onto those gains throughout the day. It was very close, but the three major indexes did manage only a…
ThinkstockGeneral Motors Co. (NYSE: GM) has a new chief executive officer, Mary Barra — the first woman to head a major global car company. Ford Motor Co. (NYSE: G) may need a…
Wikimedia CommonsThe largest U.S. producer of natural gas forecasts that global demand for gas will rise by about 65% by 2040 as natural gas is on track to supply 25% of global…
MicrosoftIt is as if the Xbox One mattered to Microsoft Corp. (NASDAQ: MSFT) — at least financially. The world’s largest software company boasted it sold two million devices in 18 days. And…
ThinkstockShopper traffic fell 21.6% year-over-year in the week ending December 8th according to the latest survey data from ShopperTrak released Wednesday. Sales compared with the same period a year ago were ,…
MicrosoftIn an announcement Wednesday morning touting its sale of more than 2 million of its new Xbox One game consoles, Microsoft Corp. (NASDAQ: MSFT) said, “Demand is exceeding supply in our 13…
ThinkstockThe technology sector is feeling the effects of U.S./Chinese tensions over cybersecurity. In a new research report, the Piper Jaffray Technology team highlighted the eight top U.S. technology companies that it believes…
thinkstockDecember 10, 2013: Markets opened lower on Tuesday morning on another day of relatively light trading and likely some more profit-taking. The DJIA closed down 0.33%, the S&P 500 closed down 0.32%,…
ThinkstockEquity investors are enjoying very nice gains in 2013. So far the S&P 500 is up 26.6%, the best performance since 1998. But the story is very different when UBS looked at…
ThinkstockWhat could unite the world’s leading technology giants, including Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Microsoft Corp. (NASDAQ: MSFT), Facebook Inc. (NASDAQ: FB) and Yahoo! Inc. (NASDAQ: YHOO)? Turns out…
Wikimedia CommonsThe conventional wisdom on Wall Street at almost every major firm we cover is that interest rates are going higher in 2014. The bond market is a very anticipatory vehicle. From…
thinkstockMarkets opened lower Thursday morning and all three major indexes finished the trading day lower as well. The Nasdaq Composite fell just 0.12% at the closing bell, while the DJIA and the…
