IslandAirLarry Ellison, the billionaire founder of Oracle Corporation (NASDAQ: ORCL), is adding yet another odd purchase to his vast private holdings. His purchase of megayachts, racing yachts, multiple airplanes, mansions, and more is a…
courtesy of Apple Inc.A federal judge in Texas has upheld a jury verdict totaling $368 million against Apple Inc. (NASDAQ: AAPL). The jury’s award to VirnetX Holding Corp. (NYSEMKT: VHC) is sweetened further by…
ThinkstockLinkedIn Corp. (NYSE: LNKD) is the social networking stock that just keeps on cranking out profits for its investors. Now that shares have risen to above $157 as of Tuesday’s closing price, this professional…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) raised to Outperform with $15 price target at Credit Suisse.…
ThinkstockMoney does buy happiness. Perhaps the relief from anxiety about emergency funds or retirement money is part of it. Or the very rich believe that they can pay off their mortgages, if they have…
ThinkstockAs would be expected, the fiasco caused by national elections in Italy have raised borrowing costs. Bickering over which party should control the government could go on for weeks. New national elections may have…
ThinkstockThe Secret to Happiness Money does buy happiness. Perhaps the relief from anxiety about emergency funds or retirement money is part of it. Or the very rich believe that they can pay off their…
thinkstockItaly’s political problems may hurt the chances of the European Central Bank to battle the European Union’s financial problems. (Reuters) China’s PMI likely fell in February, a possible sign the world’s economy has slowed.…
U.S. equity markets opened higher this morning and wobbled around before heading upward for most of the day. Strong home prices and a surge in the consumer confidence index (more coverage here) gave the…
courtesy of AppleApple Inc. (NASDAQ: AAPL) has long been criticized over its ridiculously high share price. With all of the pressure and media coverage that has been coming from activist investor activity, it should…
KPMG has released a poll today showing bullish sentiment on the market for initial public offerings (IPOs) along with continued economic improvement in 2013. The report shows expectations for more investment in early- and…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Aeropostale Inc. (NYSE: ARO) named Bear of the Day as expensive even after shares are…
ThinkstockYahoo! Bans Telecommuting For some reason, investors and the rest of the world are fascinated by the decision of Yahoo! Inc. (NASDAQ: YHOO) management to halt the ability of people to work from remote…
ThinkstockCandidate Pier Luigi Bersani won enough votes in the Italian election to control a part of parliament. Aged and oft-elected prime minister Silvio Berlusconi took defacto control of the senate. Between them neither has…
ThinkstockItaly’s gridlocked national election causes markets around the world to fall. (Reuters) Goldman Sachs Group Inc. (NYSE: GS) will cut more jobs. (Reuters) Samsung’s wide use of Google Inc.’s (NASDAQ: GOOG) Android OS could…