Reuters: Profit surprises are likely for companies linked to the oil spill. Reuters: Lawsuits against Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T) over service were certified as class actions. Reuters: BP…
Research in Motion Ltd. (NASDAQ: RIMM) has its old enemy, and perhaps new best friend, back in the market of suing smartphone makers after being dark for some time. The difference is…
Yahoo! (NASDAQ: YHOO) will outsource its real estate section to Zillow, a popular listings site. The transaction calls for Zillow.com to oversee a network that will place home listings and ads from…
The research firm Hitwise reports that Microsoft Corporation’s (NASDAQ: MSFT) Bing search engine market share rose 7% in June, from 9.23% to 9.85%. The number is probably within a the margin of…
Updated throughout the day. The Microsoft (NASDAQ: MSFT) Xbox 360 hit $1 billion in sales (Bloomberg) Microsoft will lay-off a modest number of workers (WSJ) Abu Dhabi is open to buying equity…
Updated throughout the day. BP plc (NYSE: BP) has approached sovereign funds about investing capital to keep other oil companies from attempting to take it over (Reuters) News Corp (NYSE: NWS) is…
MarketWatch: Goldman Sachs Group (NYSE: GS) was upped to overweight at JPM. Reuters: Large shareholders of BP plc (NYSE: BP) were against the oil company raising a large sum of capital by…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Game and game console sales have been extremely weak for a year-and-a-half as the recession sapped demand for consumer electronic devices. This has not been offset by price cuts for the Sony…
CNET reports that Microsoft Corporation (NASDAQ: MSFT) will end production of its Kin social media smartphone. It has only been on the market for two months. Microsoft told CNET that “We have…
Investors love the safety of dividends. 24/7 Wall St. wanted to look for some of the safest dividends in the large-cap universe. Many of course are DJIA components, as you would expect. …
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
G Reuters: Thick oil hit the Mississippi coast as a large storm moved toward the Gulf. Reuters: BP plc’s (NYSE: BP) oil spill costs hit $100 million a day. Reuters:…
The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company will face…
Yahoo Inc. (NASDAQ: YHOO) had its annual meeting of shareholders today. The still relatively new CEO Carol Bartz says she wants to improve the company’s margins to build shareholder value. She has…
