An Institute for Policy Studies report says many CEOs at the 100 largest U.S. companies made more than their companies paid in taxes. (Reuters) Bank of America (NYSE: BAC) knew of a…
It was only recently that Hewlett-Packard Co. (NYSE: HPQ) dropped the news that it was evaluating strategic alternatives for its PC group, called the Personal Systems Group. At the time the company…
The first problem Hewlett-Packard (NYSE: HPQ) faces as it tries to sell its PC business is what an acquirer would have to pay. The second is that the PC industry is slowly…
A federal judge has ruled that music locker service MP3tunes has, in fact, infringed on the copyrights owned by music companies by allowing users to use a program to locate music on…
SABMiller makes a hostile bid for Foster’s Group. (Reuters) The Swiss National Bank says the franc is overvalued. (Reuters) News Corp. (NASDAQ: NWS) management under more pressure as a reporter says News…
In the seemingly never-ending round of intellectual property lawsuits over smartphone technology, Taiwan’s HTC Corp. has fired the latest shot. The smartphone maker has filed a complaint with the International Trade Commission…
Game consoles and handheld game players took another shot to the chin today as Sony Corp. (NYSE: SNE) dropped the price of its Playstation 3 console by $50 on both the $299…
Risk in Europe continues to drag on global shares. (Reuters) Concerns about how S&P (NYSE: MHP) sets rating bring calls for reform. (Reuters) Rules on CME (NASDAQ: CME) margins move gold lower.…
The Federal Reserve is under pressure to offer solutions to falling markets and a slow economy. (Reuters) The Swiss franc hits a record against the euro. (Reuters) Bank of America (NYSE: BAC)…
Wall St. had its worst sell-off in two years (Reuters) Regulators have begun to tussle over interpretations of the Dodd-Frank financial reform bill (Reuters) LinkedIn (NYSE: LNK) posted strong earnings and a…
Sales of video games fell by 10% in June according to market research firm NPD Group, from $1.15 billion in June 2010 to $1.03 billion. This past May was even worse, with…
This is the Twitter-24/7 Wall St. market report for July 28, 2011. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
Credit Suisse (NYSE: CS) cut 2,000 jobs as the bank’s results faltered (Reuters) Investors tried to move to safe investments as a default became more likely (Reuters) A new Boehner plan will…
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:…
Sony (NYSE: SNE) continues to humiliate itself with a series of poor decisions, many of which have severely damaged earnings. The latest of these is to launch yet another e-reader into a…
