The odds that the U.S. will default on its debt on or after August 2 increase each day. Some credit analysts believe the odds are in favor of insolvency. In the event…
NokiaWhy does troubled handset company Nokia (NYSE: NOK) own NAVTEQ, which is a map and traffic software company? The unit competes with several powerful rivals, including Microsoft (NASDAQ: MSFT), Google (NASDAQ: GOOG),…
Microsoft (NASDAQ: MSFT) posted strong results, but Windows revenue may continue to drop as PC sales fade (Reuters) The Justice Department will look into whether the advertising operations of News Corp (NYSE:…
Microsoft Corporation (NASDAQ: MSFT) appears to be yet one more titan of tech that has managed to beat earnings. While its shares will likely never again see the former peak, the numbers…
Jon C. Ogg Germany and France reached a deal on how to handle the Greek debt crisis (MarketWatch) China’s PMI growth rate slowed to the lowest level since July 2010 (MarketWatch) Apple (NASDAQ: AAPL) may…
Some of the best known publicly traded companies in the world have stocks that will never reach their all-time highs again. Many of them are not troubled firms. In a number of…
Earnings dominated the press coverage of today’s shares. Novartis and Harley-Davidson released numbers Icahn Enterprise was thumped after it made a bid for Clorox, which was rejected. Boeing was hit because large…
Parliament will question Rupert Murdoch of News Corp (NYSE: NWS) today (Reuters) IBM’s (NYSE: IBM) service business rose, driving earnings up (Reuters) Cisco (NASDAQ: CSCO) will fire 15% of its workers (Reuters)…
New research shows that graduates from American business schools have a growing desire to join tech firms over investment banks and management consultancies. It is an almost certain sign that the Web…
Next week will mark the true ‘opening the floodgates’ for earnings season. We have given some brief earnings previews and added in color for the DJIA components set to report earnings in…
The balance between a potential downgrade of US debt and strong bank results left the market without conviction. That leaves open the issue of whether the American debt cap and the flood…
24/7 Wall St. is probably not alone in noticing that there were very few earnings warnings issued by the major companies that dictate market trends going into the end of June. That…
It would have been hard to imagine just a year ago that Microsoft’s (NASDAQ: MSFT) growth engine would be the phone business. It has turned out that the most exciting developments at…
The press has given the joint venture between Facebook and Skype to deliver video chat a large amount of coverage. Facebook Video Calling does not offer anything new. Skype has had video…
Updated throughout the day. AirAsia will up its Airbus order to 300 planes (Reuters) Strauss-Kahn lawyers may meet with prosecutors to settle charges or dismiss them completely (NYPost) Sony (NYSE: SNE) said…
