Reuters: UBS (NYSE: UBS) and Deutsche Bank (NYSE: DB) posted good earnings. Reuters: The EU opened antitrust investigations into IBM (NYSE: IBM) Reuters: Ask.com, owned by IACI (NASDAQ: IACI), will use humans to screen…
MarketWatch: A number of economists now expect Q2 GDP to be below 2%. Reuters: BP plc’s (NYSE: BP) CEO Tony Hayward is expected to resign. Reuters: Hayward will leave with $10 million. Reuters: Europe’s…
Reuters: Microsoft Corporation (NASDAQ: MSFT) beat Wall St. expectations but it stock did not move. Reuters: The pay czar will criticize Goldman Sachs Group, Citigroup (NYSE: C), and JPMorgan Chase (NYSE: JPM)…
Wall St did not like the results of Netflix (NASDAQ: NFLX) last quarter and flogged the movie rental company’s shares as if they were Blockbuster’s, taking 10% off its market cap. Investors have come…
Reuters: BP plc (NYSE: BP) defended its CEO as it considered new options to kill the well. Reuters: The Senate voted to restore jobless benefits. Reuters: Obama’s budget review may trim the 2010 projected…
Netflix, Inc. (NASDAQ: NFLX) is getting hit in the after-hours trading session despite posting some impressive growth. The video rental giant made $43.5 million, or $0.80 EPS, a gain of close to 35%, while…
Reuters: BP plc (NYSE: BP) said as it prepares to sell some assets that its CEO is not leaving. Reuters: The Senate approved an extension of unemployment benefits. Reuters: Apple Inc. (NASDAQ: AAPL) beat…
WSJ: Nokia (NYSE: NOK) will begin the search for a new CEO. Reuters: BP plc (NYSE: BP) will continue its work on the leaking well and said seepage had nothing to do with its…
Print, which has been on the heart and lung machine for more than a decade, may finally be ready to give up the ghost. Many analysts thought newspapers and magazines would be the first…
Reuters: Moody’s downgraded Ireland’s debt. Reuters: Engineers detected seepage around the capped BP well. Reuters: The National Association for Business Economics says companies will begin to hire again but the service sector will be…
Video game sales were down again in June. The introduction of new games and cut in console prices by Microsoft Corporation (NYSE: MSFT), Sony (NYSE: SNE), and Nintendo (OTC:NTDOY) have been trumped by faltering…
MarketWatch: AgBank rose after its debut on the Hong Kong market. Reuters: Goldman Sachs Group (NYSE: GS) settled with the SEC for $550 million. Reuters: BP plc (NYSE: BP) capped the flow of oil…
Reuters: BP plc (NYSE: BP) has begun to run an important test on its well cap. Reuters: China’s economy expanded at 11.1% in 1H but closed in Q2. Reuters: GlaxoSmithKline (NYSE: GSK) expects $2.4…
If you have watched the ticker tape, July’s trading action is signaling much less of a chance of a true double-dip recession than what was being telegraphed during the gloom days throughout June. Earnings…
It seems that the bid by Hugh Hefner and Rizvi Traverse may already have issues. While some law firms announced “investigations” into whether the terms were fair, it seems at least one class action…