Reuters: The Fed will probably say it will keep rates low. Reuters: Republicans have come up with their own bank reform plan. Reuters: Wellpoint says it will stop dropping patients. Reuters: Oil…
Updated throughout the day. UAL (NASDAQ: UAUA) and Continental (NYSE: CAL) are fighting over the respective value of their companies as they attempt a merger. A class action suit brought by female employees…
Short-sellers walked away from Citigroup (NYSE: C),dropping their position by 20% in the period that ended May 15. They could not have anticipated that the Treasury would sell a huge amount of its…
Reuters: A new panel to address the budget deficit will start work. Reuters: A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an “evil empire.” Reuters: The euro slipped…
The UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT made a ruling today that could cost Wal-Mart a lot of money in federal court and in the court of public opinion. It…
Douglas A. McIntyre The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
There are too many companies in the business of streaming or downloading premium video over the internet. Sony (NYSE: SNE) announced that it will begin to stream major league baseball games into markets…
Over the last year as Apple’s (NASDAQ: AAPL) sales have grown and expectations for its new products have blossomed, the company’s market value has increased by more than double as its stock price …
The top five officers at Wal-Mart Stores, Inc (NYSE: WMT) made $65 million in aggregate in the company’s fiscal year ending January 31. Shareholders did not do quite as well. Wal-Mart shares rose only…
Reuters: Daimler kept its earnings and dividend outlook for 2010. Reuters: American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale. Reuters: Intel Corporation (NASDAQ: INTC) results lifted markets in…
“Never look over your shoulder. Something might be gaining on you.”–Satchel Page Jack Welsh once said that GE would sell any division of the conglomerate that was not No.1 or No.2 in…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
It is a time-honored tradition within the retail industry. When sales drop, so do prices. Of course, not all retailers can afford that. As the holiday season in 2008 showed, many stores…
Douglas A. McIntyre Reuters: The Fed once again pledged low interest rates. Reuters: If the yuan rises, the euro may be badly hurt. Reuters: Soda companies are hurt by the economy according to AlixPartners. Reuters: …
Reuters: The Chinese hinted they were ready to let the yuan rise. Reuters: Asian stocks are near a 22 month high. Reuters: Regulators plan to track fast frequency trading. Reuters: FTC may…