US package delivery giant United Parcel Service Inc. (NYSE: UPS) is rumored to be near an agreement to acquire Europe’s second-largest delivery service, Dutch-listed TNT N.V. (OTC: TNTEY) for more than $6.5…
Paul Ausick Netflix (NASDAQ: NFLX) talks with cable companies about adding its services to their channels. (Reuters) The Institute of International Finance pressures Greek bondholders to make trades for new sovereign paper. (Reuters) Walmart (NYSE:…
Greece got its 130 billion euro bailout. Most media outlets and economists made the same observation about the deal. Greece’s economy continues to contract at a rate of about 6%. Unemployment is above…
Wynn Resorts (NASDAQ: WYNN) accused large business partner Kazuo Okada of fraud and bought out his position (Reuters) Ministers in the EU will make a final determination on Greece today (Reuters) Japan’s huge trade…
United Parcel Service, Inc. (NYSE: UPS) has confirmed some news that the market was expecting. The company is responding to a rejected buyout offer of close to $6 billion which it made…
Jon C. Ogg Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2011. We have included some accompanying notes on each and…
The International Air Transport Association, the industry’s major association and source of much research about the sector says that 2011 was a particularly good one for the industry, especially as the year…
Tuesday is going to be full of major earnings reports, two of which are DJIA components. These are not the only major earnings, but ten we will be watching closely are as…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. AGCO Corporation (NYSE: AGCO) Maintained Outperform as Bull of…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. AstraZeneca PLC (NYSE: AZN) Cut to Underweight at JPMorgan. BlackRock,…
 Bill Gross’s PIMCO Total Return Fund has $1.4 billion in outflows in December, according to Morningstar. (Reuters) MF Global sold some assets to Goldman Sachs (NYSE: GS) before its collapsed. (Reuters) As…
The age in which first class letters could be delivered in one day is over. The US Postal Services, facing huge deficits and a multi-billion pension liability, will save costs by setting…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of September 30, 2011 and this is the second group of ‘L to…
Many forecasts expect consumer holiday spending to rise this year. An equally impressive set of data forecasts that it will not. The difference in the two points of view shows how challenging it…
Yahoo! Finance: UPS reports higher profit, affirms outlook WSJ: 3M Profit Slips, Cuts Year View CNNMoney: Netflix stock sinks 35% as subscribers flee http://cnnmon.ie/vMQnaP $NFLX WSJ: Vital Signs: Gasoline Still Pricey Bloomberg:…
