ThinkstockDreamliner Stays Grounded There is no hope in sight for Boeing Co. (NYSE: BA) as it tries to get its 787 Dreamliner flagship back in the air. Japanese investigators say that an overcharging of…
Apple Inc. (NASDAQ: AAPL) posts disappointing iPhone sales numbers for the most recent quarter. (Reuters) The International Trade Commission will review Apple patent claims against Samsung. (Reuters) Nokia Corp. (NYSE: NOK) probably will end its…
ThinkstockThe Federal Trade Commission recently ruled that advertisements from juice maker POM Wonderful contained health claims that were misleading and unsubstantiated. This was not the first confrontation between the regulator and the company. In…
ThinkstockPurchasing managers index (PMI) data for the eurozone as issued by Markit, which did not give reason for much optimism, but should temper pessimism about the region’s overall economy. According to the research firm: The…
Wikimedia CommonsThe market capitalization of Exxon Mobil Corp. (NYSE: XOM) may pass that of Apple Inc. (NASDAQ: AAPL) today, or, if not, relatively soon. Apple’s stock fell 11% after its reported lackluster earnings and…
ThinkstockLa tasa de paro sube un punto respecto al tercer trimestre y se sitúa en el 26,02%. In other words, Spain’s unemployment rate moved to 26.02% in the last quarter of 2012, a staggering…
ThinkstockThe HSBC China PMI flashed a surge to 51.9 in January based on its preliminary measure, with any number above signaling expansion. The final count for December was 51.5. The figure almost certainly means that overseas demand…
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but shares held…
ThinkstockThe U.S. House of Representatives today approved legislation that lifts the debt ceiling and allows the Treasury Department to borrow more money. The bill postpones the day of decision from sometime next month until…
thinkstock Today got off to a bit of a rocky start on earnings. McDonald’s Corp. (NYSE: MCD) beat estimates but not by much and growth appears to be stalled for the world’s largest fast…
ThinkstockEven though demand for semiconductors fell in $297.6 billion in 2012, that still represents a lot of chips. The drop in demand is almost entirely due to higher consumer demand for mobile devices like…
Frank Golhen, via Wikimedia CommonsThe stock market was mixed Wednesday, with the Dow Jones Industrial Average up 0.35%, the Nasdaq up 0.29% and the S&P 500 down 0.14%. Today’s winners include a pharmaceutical company getting…
ThinkstockThe International Monetary Fund (or the IMF) issues guidance on global and country-specific economic expectations from time to time, but we now have the IMF’s 2013 World Economic Outlook for the globe and for…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Alcatel-Lucent S.A (NYSE: ALU) raised to Neutral from Sell at Citigroup. Baker Hughes Inc.…
ThinkstockFinancially troubled Europe may have found a new way to bring in billions of dollars in revenue. It will place a tax on transactions by banks and related companies. That could pour cold water…