A letter regarding former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd’s behavior which caused his dismissal was ordered to be released by a Delaware court (Reuters) The US sold Saudi Arabia 84 F-15 fighters for $29.4…
Netflix, Inc. (NASDAQ: NFLX) went from Wall Street’s darling in 2011 to being Wall Street’s whipping boy. The company’s efforts under Reed Hastings could easily become the classic case study for “How To Kill…
Alibaba hires a Washington lobbying firm in case it decides to bid for all of Yahoo! (NASDAQ: YHOO). (Reuters) Italian yields may fall because of European Central Bank injections of long-term funds into the…
Obama nominates Jeremy Stein and Jerome Powell to take seats at the Federal Reserve. (Reuters) New York Times (NYSE: NYT) sells its regional media group for $143 million. (Reuters) The U.S. Treasury declines to…
Retailers hope that “mega Monday” sales continue a string of strong retail results. (Reuters) The MF Global disaster prompts requests that the systems for grain trading to be changed. (Reuters) Chinese investment tradition likely…
The craze for online video is everywhere. Billions upon billions have been invested by great companies, yet the business model has proven that not all efforts have endless financial return. New data from Analysys…
Traders rarely make mistakes as bad as the one they made when they pushed newspaper stocks higher early in the year. Shares in companies such as the New York Times (NYSE: NYT), Gannett (NYSE: GCI)…
Sony (NYSE: SNE) will sell its LCD business to Samsung for $940 million. (Reuters) The yuan hits a high against the dollar and may gain 4% this year. (Reuters) Amazon.com’s (NASDAQ: AMZN) program to…
Congress makes a deal to keep payroll taxes low and unemployment benefits in place for two more months. (Reuters) The U.S. approves a Deutsche Boerse deal to merge with NYSE Euronext (NYSE: NYX). (Reuters) The International…
http://platform.twitter.com/widgets/hub.1324331373.html Yahoo! (NASDAQ: YHOO) is working on a deal with Alibaba to sell part of its stake in the Chinese company. (Reuters) Toyota (NYSE: TM) expects record sales next year of 8.48 million, up…
Earlier this month Verizon Wireless, the joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone plc (NASDAQ: VOD), paid $3.6 billion for spectrum licenses belonging to SpectrumCo LLC, a joint venture of Comcast…
Prosecutors raid Olympus to gain data in a probe of the accounting scandal at the company. (Reuters) Bank of Japan says it will hold to current policies as the economy in the Asian nation…
It is strange that the New York Times (NYSE: NYT) would want to sell its local media group. Local papers are, in most cases, doing better than large metropolitan ones. Yet, Halifax Media Holdings…
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares to Sony (NYSE: SNE)…
Zynga, Inc. (NASDAQ: ZNGA) is an initial public offering in trouble. Whether you call it a busted IPO, a broken IPO, or something else is up to you, but the sell-off from the start…