Shares in RadioShack Corp. (NYSE: RSH) are trading lower today than they were five years ago. The stock peaked in July 2007 at around $35/share and hit a low below $7/share in…
Samsung filed patent lawsuits against Apple (NASDAQ: AAPL) over smartphone technology (Reuters) The Japanese government will release $50 billion to cover initial costs of the earthquake (Reuters) The Administration will create a…
For increasing numbers of Americans, a landline phone is a superfluous expense that they can do without. According to a survey released yesterday by the Centers for Disease Control and Prevention, 23.9%…
Douglas A. McIntyre Apple (NASDAQ: AAPL) earnings surpassed expectations and the company said iPad 2 units were backlogged (Reuters) BP plc (NYSE: BP) sued Transocean (NYSE: RIG) for $40 to cover costs related to Deepwater…
Reuters reports that Apple (NASDAQ: AAPL) will launch the iPhone 5 in September. The news agency said consumers should expect a faster processor. It reported no important details beyond that. The iPhone…
Next week may be short because of a holiday, but it is going to be a very busy week for earnings. We have tried to narrow the field down to the very…
The Bell System divestiture was the final act in an epic antitrust battle between the phone company and the federal government. It caused AT&T to shed its local phone companies in 1984.…
Douglas A. McIntyre The Fed’s exit from QE2 may involve rate increases (Reuters) Deutsche Bank will restructure its US bank business to avoid regulation (WSJ) Google’s (NASDAQ: GOOG) new CEO will be carefully watched as…
Short sellers who have bet against tech shares hit the exits during the period which ended on March 31. The short interest in the world’s largest chip company, Intel (NASDAQ: INTC), dropped 3%…
Dish Network bought the assets of Blockbuster to compete with Netflix (NASDAQ: NFLX), if the media is right. At about the same time, Netflix signed an arrangement to offer “Mad Men,” and…
Data mistakenly released by Epsilon compromised the personal security of millions of people including customers at Citigroup (NYSE: C), Capital One (NYSE: COF), and Tivo (NASDAQ: TIVO) (Reuters). Tepco used a number…
Using technical analysis may often feel like alchemy even under normal circumstances. Using it on Apple Inc. (NASDAQ: AAPL) is especially tricky. Nonetheless, Apple’s stock chart has wavered for weeks. Now, Wall…
It is April Fools’ Day but we are not going to propagate any hoaxes. What we do want to revisit is some of the great frauds which have originated outside of public companies and…
A former Goldman Sachs Group (NYSE: GS) trader launched a $1 billion fund of his own (Reuters) Geithner said inflexible currencies are the world’s biggest monetary problem (Reuters) Brent rose to $116…
Consumer morale and home prices dropped sharply according to two surveys (Reuters) Gold and oil rose on concerns about Libya and the movement in equities (Reuters) The new chief of Twitter wants…
