Reuters: Wal-Mart (WMT) will report results with Wall St. looking for sales growth. Reuters: US home foreclosures set a record in July. Reuters: Citigroup (C) hired outsiders to help with a management review. Reuters: …
The Twitter outage introduces the concept of whether anyone would really miss the service if it went away. Financial experts have argued that Twitter is not worth much even with its 30 million or…
Twitter had another hacker attack yesterday. Several media outlets reported that the micro-blogging system was down periodically though the early morning and afternoon. The service had more severe problems last week. There have been…
Reuters: GE’s (GE) water business may be too small to help earnings. Reuters: Madoff’s CFO plead guilty. Reuters: Auto inventories are tight but interest in the “clunkers” program is falling. Reuters: China formally arrest…
Every time the media says that Fox Business Network is doing poorly or its rating are low, it defends itself with an astonishing rabidness. Fox will beat CNBC at its own game. Its business…
Reuters: The Congressional Oversight Panel said the Treasury should do more to get toxic assets off bank balance sheets. Reuters: A federal judge still refuses to sign off on an SEC deal with Bank…
Rosetta Stone Inc. (NYSE: RST) has just filed with the SEC for a public offering of common stock. The language learning software leader filed to sell some 4,697,750 shares, which it listed as being…
Reuters: China is now Africa’s largest trading partner. Reuters: Australia says China’s latest Rio Tinto (RTP) charges are not new. Reuters: Publicis will buy Razorfish from Microsoft (MSFT). Reuters: UBS (UBS) tax talks with…
Reuters: A college education no longer means easy employment in China. Reuters: Fannie Mae (FNM) lost $14.8 billion. Reuters: The auto “clunkers” legislation passed the Senate. Reuters: Obama is in no rush to decide…
Reuters: A bubble may be forming in the corporate bond market. Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP Morgan (JPM)…
This week came a filing for online family tree site Ancestry.com. The company plans to come public in an initial public offering and no formal financial terms were disclosed. While most internet companies have…
The human toll of the recession, reported to be the worst economic downturn since the 1930s, has been so searing that it could be considered cruel to evaluate this event for any benefits. More…
Reuters: GM’s new board endorsed the company’s new plans. Reuters: The Senate will probably approve “cash for clunkers” aid. Reuters: Sony (SNE) will enter the market with an e-reader to compete with Amazon (AMZN).…
Electronic Arts Inc. (NASDAQ: ERTS) announced results for its first quarter of fiscal 2010, and shares are holding their own. Non-GAAP net revenue was $816 million, a gain of 34% from a year ago,…
Eric Schmidt, the CEO of Google (GOOG), resigned from the Apple (AAPL) board of directors. Apple says it was because of increasing conflicts between the two company’s products. There has been an uneasy detente…