According to Reuters, Obama may seek take cuts of over $300 billion. Reuters reports that the SEC examined Madoff eight times over 16 years. Reuters reports that the Fed and European Central…
According to Reuters, cities and states are facing shortfalls and potential defaults. Reuters reports that the US steel industry is starting a "buy America" campaign. Reuters reports that Fannie Mae (FNM) believes…
According to Reuters, Wall St. closed its worst year since The Depression. Reuters reports that GMAC did not hit its goal of trading debt for equity and cash. Reuters reports that GM…
A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth quarter of declining earnings. According to the news service, "Fourth-quarter profit at…
Sir Howard Stringer’s appointment in 2005 as Sony’s CEO was meant help turn the company into what it used to be–Apple (AAPL) based in Tokyo and not Cupertino. With products like the…
If investors had a notion that short sellers were going to stay in big financials, they were wrong. Short interest in the weakest companies in the sector dropped. Shares short in Citigroup…
According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a period of deflation. Reuters reports that OPEC will make the largest production…
As you will see, most of the top technology stocks from the NASDAQ 100 saw an increase in the number of shares being sold short from mid-November to late November. With the…
No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial shares, some of the smart money is willing to gamble that the…
New data released by comScore shows that US internet users watched more than 15 billion videos last month. Almost 40% of those were watched on Google (GOOG) sites, most of them on…
Once people stopped buying the Walkmen and PlayStations and the consumers’ attention moved to the Apple (AAPL) iPod and Microsoft (MSFT) Xbox, Sony may have gone beyond its prime to such as…
The theory goes something like this: Microsoft (MSFT) has a model for selling software which is installed in a PC or server and uses that device’s computing power and memory to run…
The recession is not breaking the video game addiction shared by so many Americans. Even in a downturn they can find cash for games and consoles. Microsoft (MSFT) said Xbox sales broke…
According to Reuters, car company executives went before Congress and pleaded for billions of dollars. Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that Paulson says the…
IBM (IBM) has decided to be the next company to pile onto Microsoft (MSFT), which has already been beaten like a red-headed step child for bringing out Vista, a flawed bit of…
