S&P’s threat of a downgrade of eurozone nations puts huge pressure on the region’s leaders. (Reuters) An independent panel that reviewed the financial activity of Olympus suggests legal action be taken. (Reuters) An MIT…
Samsung shares rise after its victory in the U.S. against Apple’s (NASDAQ: AAPL) attempt to block its Galaxy tablet from the U.S. market. (Reuters) HSBC data show that China’s PMI slowed considerably. (Reuters) U.S. Treasury…
Auto sales reach a two-year high. (Reuters) Tom Glocer, the head of Thomson Reuters (NYSE: TRI), resigns and will be replaced by the COO. (Reuters) The intellectual property battle between Apple (NASDAQ: AAPL) and…
Time Warner’s (NYSE: TWX) publishing arm, Time Inc., has hired a senior digital media executive to run the largest magazine publisher in the U.S. Laura Lang, who headed digital ad agency giant Digitas, must reinvent…
Blackstone (NYSE: BX) and Bain may bid for Yahoo! (NASDAQ: YHOO) along with Asian partners Alibaba and Yahoo! Japan. (Reuters) China’s PMI contracts for the first time in three years. (Reuters) The former CEO…
We recently gave a breakdown of each and every DJIA component as far as which companies were and were not likely to raise their dividend payouts in the very near future. The Walt Disney…
The EU continues to work on its bailout fund and may ask the IMF for help. (Reuters) American Airlines parent AMR (NYSE: AMR) files for Chapter 11. (Reuters) S&P cuts its ratings on large American…
S&P may cut its outlook on France’s AAA debt. (Reuters) A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters) Amazon.com (NASDAQ: AMZN) says Kindle sales rose 4X on…
Moody’s says the EU debt crisis threatens the sovereign ratings of all nations in the region. (Reuters) Three large BSkyB shareholders will vote against James Murdoch staying on as chairman. (Reuters) The IMF says…
Research firm GfK reports that brand loyalty to Apple (NASDAQ: AAPL) is much higher than to other wireless products (Reuters) AT&T (NYSE: T) began to ready itself for the probable end of its merger with…
Hewlett-Packard (NYSE: HPQ) posts mediocre earnings but says it hopes to steady its businesses over the balance of the year. (Reuters) Store chains will have to offer large discounts to lure shoppers. (Reuters) Samsung…
Netflix, Inc. (NASDAQ: NFLX) is showing that it is nowhere at all close to representing a “value stock” today as many investors have been hoping. The company has filed a shelf registration statement that…
The supercommittee appears unlikely to settle on a deficit agreement. (Reuters) A senior Chinese official says he expects the global recession to last for some time. (Reuters) Spain’s center-right People’s Party gains a majority…
Greek citizens stage large protests. (Reuters) Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS) could be affected when S&P updates its credit ratings on the world’s 30 largest banks. (Reuters)…
The super committee makes no significant decisions on the budget deficit. (Reuters) The largest shareholder in Olympus cuts its position. (Reuters) Google (NASDAQ: GOOG) launches its new music service. (Reuters) Germany and France disagree…