Hewlett-Packard (NYSE: HPQ) raised its earnings outlook for 2011. (Reuters) J Crew Group (NYSE: JCG) is close to a $2.8 billion takeover by private equity interests. (Reuters) Oil fell to near $81…
Hewlett-Packard Co. (NYSE: HPQ) reports earnings this afternoon, after the market closes. Non-GAAP EPS is expected to be $1.27 on revenue of $32.75 billion. That’s substantially better than the EPS of $1.08…
The GM IPO may be the largest in US history (Reuters) Fed officials defended their plan to lower rates (Reuters) Bonds issues by Ireland may have great value in the case of…
There have been plenty of stories in the past few weeks about the $2 trillion in cash that US corporations are sitting on. The money is not being invested in hiring or…
BHP Billiton (NYSE: BHP) abandoned its bid for Potah (NYSE: POT) and said it would begin a $4.2 billion buyback. (Reuters) SAIC has agreed to take a stake in the GM IPO.…
Arguments about the global economy became heated at the G20 summit. (Reuters) Research In Motion (NASDAQ: RIMM) prepared to launch its rival to the Apple (NASDAQ: AAPL) iPad and said threats to…
China warned that QE2 could destabilize the global economy. (Reuters) Aol (NYSE: AOL) has tapped Bank of America (NYSE: BAC) to aid it in its pursuit of Yahoo! (NASDAQ: YHOO). (Reuters) Some…
The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters) The S&P and DJIA hit 2 year highs. (Reuters) China attacked the US over its plans…
The Federal Reserve took a risky step that will involve the purchase of $600 billion in securities. (Reuters) Nations in Asia and Latin America said they would alter policy to combat dollar inflows…
The Republicans took control of the House but not the Senate. Solar panel maker Solyndra was forced to halt expansion, to some extent because of Chinese competition. (NYT) Cotton prices will cause clothing…
Oracle Corp. (NASDAQ: ORCL) might as well be called “King Of Acquisitions.” The company has acquired more companies than can easily be counted, and now it is acquiring Art Technology Group Inc.…
Jon C. Ogg Mortgage investors have begun to pressure banks to buy back bad loans. (Reuters) China may use its rare earth stocks to help it move ahead with alternative energy. (Reuters) Bank of Japan…
Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an…
Larry Ellison, the founder and CEO of Oracle (NASDAQ: ORCL), is one of the most powerful and wealthy executives in the world. He has also set himself up to be judge, jury,…
Moody’s reports that US corporations have amassed $1 trillion in cash. The document, entitled “U.S. Corporate Cash Hoard Near $1 Trillion, But Unlikely To Be Used for Expansion” explains that these firms…
