Moody’s may rob Toyota Motor (NYSE: TM) of its Aa2 rating which would in theory make it more expensive for the world’s largest auto manufacturer to raise money. In its comments about…
Nintendo appears ready to prove that there are second lives for game console companies. The firm claims that first day sales of its new 3DS were the greatest for any handheld device…
It is perhaps a truism that when all you have is a hammer, everything looks like a nail. That seems to be the thinking at Eastman Kodak Co. (NYSE: EK), once the…
The Nikkei rose 4.3% today to 9,608. Another two days of similar gains would put the index at nearly 10,550, which is close to where it traded before the devastating earthquake and…
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)…
Warren Buffett of Berkshire Hathaway (NYSE: BRK.B) says the Japan disaster is a buying opportunity for companies based there (Reuters) AT&T (NYSE: T) will buy T-Mobile USA from Deutsche Telekom for $39…
How did Microsoft Corporation (NASDAQ: MSFT) miss the mark so badly in digital music? How did Sony Corporation (NYSE: SNE) allow the great brand of the Walkman get over-run? The world of…
3.20 AM The Nikkei ended up 5.7% higher as problems with leaking reactors appeared to be temporarily under control. 8.50 PM The Nikkei recovered some of its lost ground in early trading…
It is hard to focus solely on the economic impact of tragedy and catastrophe when you read headlines such as “death count 60…” and “death count exceeding 100…” Unfortunately, the damage and…
Moody’s cuts Spain’s rating and said current cuts were possible (Reuters) China posted a trade deficit of $7.3 billion. It was the worst in seven years and may have been caused by…
The leading online music streaming service in Europe, Spotify, is reportedly in line to get an injection of $100 million in venture funding as it seeks to launch its service in the…
Game maker Activision Blizzard, Inc. (NASDAQ: ATVI) posted unimpressive fourth quarter results after the market closed last night, and to make matters worse, offered a weaker-than-expected outlook for the current quarter and…
The joint venture between Sony Corp. (NYSE: SNE) and L.M. Ericsson Telephone Co. (NASDAQ: ERIC), aptly called Sony Ericcson, tantalized gamers with a commercial during yesterday’s Super Bowl for a device everyone’s…
A judge said BP plc (NASDAQ: BP) $20 billion fund head Ken Feinberg is not independent of the oil company. (Reuters) Record snow will hurt retail sales. (Reuters) Poor weather will move…
Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers…
