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Europe PMI Drops as Disaster Deepens Without Solutions

ThinkstockIf ever there was a time for Europe to reconsider its move toward austerity as a means to balance national budgets and improve the perceived value of sovereign debt, it is now. Markit data…

Douglas A. McIntyre · 14 years ago

Media Digest (2/21/2013) Reuters, WSJ, NY Times, FT

courtesy of YouTubeSome Fed governors favor a slowing of bond buying to block possible inflation. (Reuters) Several pieces of data show housing activity has slowed. (Reuters) A study conducted by the Chesapeake Energy Corp.…

Douglas A. McIntyre · 14 years ago

What’s Important (2/21/2013)

ThinkstockPlayStation 4 Launch Is the release of the Sony Corp. (NYSE: SNE) PlayStation 4 (PS4) enough to turnaround the aging consumer electronics firm? No. The console is the first major overhaul in seven years.…

Douglas A. McIntyre · 14 years ago

Unusual After-Hours Hot Stocks on the Move

Frank Golhen, via Wikimedia CommonsWe have many movers in the after-hours session this Wednesday afternoon. Most are on earnings, and some are way up with others way down. As always, you can find the…

Jon C. Ogg · 14 years ago

24/7 Wall St. Closing Bell — February 20, 2013: Markets Open Low, Slide Further on Fed Minutes (WIN, LOW, BIDU, BCS, GMCR, ADI, CF, DELL, HLF, AVA, CLH, DISH, LEAP, MGM, SODA, TOL, CROX, ETP, PAAS, TSLA, WLT, AUY, CG, CHK, CDE, ESV, SWY, WMT, OMX, ODP, NTSP, TSS, HNR)

U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from a higher-than-expected reading on…

Paul Ausick · 14 years ago

Another Banner Year for Online Travel

Total U.S. online travel-related spending came to about $103 billion in 2012 according to the latest data from comScore Inc. (NASDAQ: SCOR). Air travel alone accounted for about two-thirds of all travel spending. Both…

Paul Ausick · 14 years ago

Making Search Results Pay

courtesy of Facebook Inc.Everyone knows that if a company or product shows up on the first page of results from a search engine query, the chances that the company or product will get noticed,…

Paul Ausick · 14 years ago

New Austerity Protests Rattle Greek Economy

ThinkstockThe masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a large national strike to protest government cuts and higher…

Douglas A. McIntyre · 14 years ago

Chinese Military Denies Role in Cyber Attacks

ThinkstockThe Chinese Army denied that it was behind a series of sophisticated cyber attacks that began as early as 2006. Someone else must have done it, despite proof provided by U.S. research firm Mandiant.…

Douglas A. McIntyre · 14 years ago

What’s Important in the Financial World (2/20/2013)

ThinkstockNew Greek Austerity Protests The masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a large national strike to protest…

Douglas A. McIntyre · 14 years ago

Xerox Continues Its Wearied Trip Sideways

courtesy of XeroxXerox Corp. (NYSE: XRX) has become one of those ancient tech companies, not entirely unlike Dell Inc. (NASDAQ: DELL), that has overstayed its welcome in the market, as it struggles against much larger, more…

Douglas A. McIntyre · 14 years ago

Media Digest (2/20/2013) Reuters, WSJ, NYT, FT, Bloomberg

courtesy of AOL, IncBoeing Co. (NYSE: BA) gets an agreement with a key engineering unit. (Reuters) China says U.S. claims of hacking by one of its army units does not have sufficient technical proof.…

Douglas A. McIntyre · 14 years ago