Time Warner Inc. (TWX) reported earnings that were so dreadful that they defy the imagination. The largest media conglomerate lost $16 billion in period ended Dec. 31 as it wrote down the value of…
According to Reuters, Motorola (MOT) is betting much of its future on the Google (GOOG) Android phone system. Reuters reports that car sales hit a 27-year low. Reuters reports that Obama plans to set…
The harsh economic environment dinged Disney (DIS) earnings. Revenue for the last quarter fell 8% to $9.6 billion.Net income fell 32% to $845 million. The company’s movie studio operation was hurt much more than…
Electronic Arts Inc. (NASDAQ: ERTS) posted a net loss on a GAAP basis and announced plans to cut staff and close factories. It reported $0.56 EPS in non-GAAP earnings and non-GAAP revenue of $1.74…
Electronic Arts Inc. (NASDAQ: ERTS) is set to report earnings after the close of trading today. The (former) largest US-based video game company is expected to post $0.91 non-GAAP EPS on $1.92 billion in…
According to Reuters, Bank of America (BAC) and Merrill Lynch did agree on a bonus package for employees before the merger. There had been questions about the approval. Reuters reports that January could make…
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is a stock which investors and traders may have never heard of, but it is one of the true cult stocks out there. The company announced that it…
According to Reuters, Honda (HMC) sales in the US fell in January. Reuters reports that the premier of China sees hopeful signs in his economy. Reuters reports that hard times make government jobs more…
Rupert Murdoch’s News Corp (NWS) has hit a rough patch as the recession erodes revenue at a number of his properties including Dow Jones and his other newspapers. The company’s Fox movie and TV…
GE (GE) is faced with a potential downgrade of its debt from "Aaa" status and angry investors who want to know why the company insists on having a TV network and medical supply company…
According to Reuters, Republican may keep fighting Obama on the stimulus package. Reuters reports that Roche dropped its bid on Genentech (DNA) to $42 billion. Reuters writes that the Administration will release its plans…
According to Reuters, Nasdaq will turn to Asia for much of its future growth Reuters reports that the new bank bailout could cost as much as $2 trillion. Reuters writes that the Fed said…
The Internet was going to save the newspaper industry. The Internet was going to save The New York Times Company (NYT). Especially The New York Times. The daily is so well-regarded and popular that…
According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports that Yahoo! (YHOO) slightly beat earnings but posted a weak forecast. Reuters reports that…
We haven’t been covering Jim Cramer as much for many different reasons, but we still pay attention when he comes out with stock picks because it can still affect at least the short term…