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Today’s Market Winners and Losers

The stock market is up Thursday, with the Dow Jones Industrial Average up 0.47%, the Nasdaq up 0.48% and the S&P 500 up 0.43%. Today’s winners include a shoe company getting purchased and a…

247sam · 14 years ago

Michael Dell’s Role in Dell Buyout Questioned

courtesy Dell Inc.Private equity firm Silver Lake Partner’s rush to fund a buyout of Dell Inc. (NASDAQ: DELL) has accelerated. And investors have begun to ask if founder Michael Dell has a conflict of…

Douglas A. McIntyre · 14 years ago

Growing Pessimism About EU Economy

ThinkstockThe brief optimism that a resolution to financial problems in the European Union would begin a process that would resurrect the economy is over. Both economists and national leaders believe that low consumer demand, unemployment…

Douglas A. McIntyre · 14 years ago

What’s Important in the Financial World (1/17/2013)

ThinkstockMichael Dell and the Dell Buyout Private equity firm Silver Lake Partner’s rush to fund a buyout of Dell Inc. (NASDAQ: DELL) has accelerated. And investors begin to ask if founder Michael Dell has…

Douglas A. McIntyre · 14 years ago

Time for Boeing CEO McNerney to Resign; Its Board Should Be Ashamed

Wikimedia CommonsBoeing Co. (NYSE: BA) Chairman and Chief Executive Officer W. James (Jim) McNerney Jr. should resign. Or, more likely, the company’s board of directors should fire him. McNerney’s tenure overlaps the period during…

Douglas A. McIntyre · 14 years ago

Media Digest (1/17/2012) Reuters, WSJ, FT, Bloomberg

courtesy of YouTubeThe head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters) The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it has more…

Douglas A. McIntyre · 14 years ago

Hostage Number Soars from Attack on Algerian Gas Field

The hostage count in an early morning attack on a natural gas field in Algeria could be above 150 according to some reports. The first reports from the field indicated that at least 8…

Paul Ausick · 14 years ago

China to Become World’s Largest Economy by 2017

ThinkstockThe U.S. will soon become the world’s second-largest economy according to a new report from PricewaterhouseCoopers (PwC). Measured on purchasing power parity (PPP) basis, China will overtake the U.S. in 2017; on a market…

Paul Ausick · 14 years ago

Obama Unveils 23 Executive Orders on Gun Control

Vice President Biden and President Obama have now publicly spoken about what the nation’s new efforts on gun control will look like. What we at 24/7 Wall St. have maintained this entire time since the…

Jon C. Ogg · 14 years ago

Interior Secretary Salazar Quits

ThinkstockFollowing the lead of EPA administrator Lisa Jackson, Secretary of State Hillary Clinton, Treasury Secretary Timothy Geithner, and other presidential appointees, U.S. Secretary of the Interior, Ken Salazar, said this morning that he will…

Paul Ausick · 14 years ago