Media Digest (5/17/2011) Reuters, WSJ, NYT, FT, Bloomberg
BP plc’s (NYSE: BP) deal to drill in the Arctic dissolved as its venture with Rosneft faltered (Reuters) Hewlett-Packard (NYSE: HPQ) will release results early after a note from its CEO was…
BP plc’s (NYSE: BP) deal to drill in the Arctic dissolved as its venture with Rosneft faltered (Reuters) Hewlett-Packard (NYSE: HPQ) will release results early after a note from its CEO was…
Jon OggWe have already seen (some) of the position changes of Warren Buffett, but the old guy wouldn’t share many ‘confidential positions’ so we are whale watching in other ponds. We wanted to…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) is out with its new portfolio holdings as of March 31, 2011. These have been broken down into two separate groups of ‘A to L’ and…
We have already seen earnings come in as a disappointment from Lowe’s Companies today. We still have quite a few retailers on deck to report earnings this week. We compiled a more…
IMF head Dominique Strauss-Kahn was charged with sexual assault in NYC (Reuters) Glencore raised the mid-point of the price range of its IPO (Reuters) Research In Motion (NASDAQ: RIMM) recalled 1,000 Playbook…
It may seem like corporate earnings season is just about over, but next week we have a flurry of reports with some tech and a monster amount of retail companies. We have…
GS.COMGoldman Sachs Group (NYSE: GS) may be the most hated large financial firm in the world. That does not seem to have hurt its business prospects. It may even help them. Companies…
Groupon is supposed to be one of the 24/7 Wall Street Top 17 IPOs to Watch in 2011. That hasn’t changed, but our skepticism is growing at the same time that internet…
Today’s alternative energy review includes more than the offer by France’s Total SA (NYSE: TOT) to acquire a controlling interest in SunPower Corp. (NASDAQ: SPWRA). There’s also a new biofuels plant in…
No matter what Ben Bernanke says about a slow economic recovery or what improved GDP growth and lower unemployment signal, many Americans still believe the economy is in horrible shape. “More than…
Many experts believe the Federal Reserve will keep interest rates near zero until the end of the year (Reuters) Berkshire Hathaway (NYSE: BRK.B) says Sokol deceived the company and may have violated…
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…
The NYSE (NYSE: NYX) said an M&A deal with Deutsche Boerse would offer greater savings than a NASDAQ (NYSE: NDAQ) deal. (Reuters) Silver rose 5% on the dollar’s weakness. (Reuters) The housing…
The largest companies in the US based on the number of workers worldwide are not necessarily the biggest in terms of revenue, profits or business locations. Some are much more efficient than…
Poor trading results are likely to hurt Goldman Sachs Group (NYSE: GS) earnings (Reuters) Japan’s government, which owns billions in US papers, stated it had confidence in the value and future of…