Reuters: Investors in the banking sector were disturbed by the CIT (NYSE:CIT) bankruptcy. Reuters: Summers will lead a high level meeting on the economy. Reuters: US companies are holding more cash. Reuters: The Fed…
Expedia Inc. (NYSE: EXPE) is looking solid on all fronts. Online travel is winning despite tight purses on direct travel as buyers look for better deals. Last night the online travel company beat earnings…
The film of Michael Jackson’s rehearsals for his British concert tour was a big risk for Sony (NYSE:SNE) which apparently put up $60 million for the rights to the footage. The gamble paid off.…
Amazon (NASDAQ:AMZN), Target (NYSE:TGT), and Wal-Mart (NYSE:WMT) are apparently sharply limiting the number of books customers can buy under their programs to sell popular titles at discount prices. Book publishers have already claimed that…
The old media is running out of time. The online editions of The Washington Post (NYSE:WPO), New York Times (NYSE:NYT), and Time, Inc (NYSE:TWX) properties do well, but not well enough to off-set losses…
Reuters: The US economy is stable but risks remain according to Geithner. Reuters: JPMorgan (NYSE:JPM) raised concerns about Galleon in 2001. Reuters: As many as five million Americans have been infected with H1N1. Reuters: …
Wynn Resorts Ltd. (NASDAQ: WYNN) may have set a high bar for Las Vegas Sands Corp. (NYSE: LVS) and its earnings report today, but cost cuts helped the company to beat its estimates. Las…
It looks like Nintendo may finally be pulled of its perch as the No.1 video game console company in the world. It announced April to September 2009 earnings and part of the data the firm gave…
Reuters: House Democrats unveiled their healthcare bill. Reuters: Senators may extend home purchase credits until April. Reuters: China will launch a case against The Big Three auto companies. Reuters: Galleon paid Wall St. bankers…
Reuters: The Nielsen survey shows consumer confidence up in the US for the first time since 2007. Reuters: Obama’s financial reforms are advancing in Congress. Reuters: The pay czar said his authority should not…
It may be that when the stock market is not moving up or down 20% a month that people lose interest. That seems to be the case if the new CNBC ratings are any…
Apollo Group Inc. (NASDAQ: APOL) is the clear leader of the private-sector public education companies. Yet, that leadership position is coming with some severe pain after its earnings. Apollo reported that its profit fell…
The music industry never saw the Apple (NASDAQ:AAPL) iPod coming. The iPod was an expensive toy when it was introduced in 2001. There was no reason to think it would do well. Digital multimedia…
IAC/InterActiveCorp (NASDAQ: IACI) seems to be recapturing some of its mojo. The online content and online destination and search company noted that asset sales did help profits at a time when advertising revenues were…
Not too many years ago, one senior newspaper executive said that there was nothing wrong with cutting costs but that, eventually, a company could cut so much that it would disappear up its own…