Source: ThinkstockDutch-based bank insurance giant ING Groep N.V. (NYSE: ING) has filed an amended Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of...
ICAgen’s (ICGN-NASDAQ) stock is being crushed in after-hours trading, although the trading volume is very light.  Shares are down 37% to $1.15 after closing down 2.6% today.  Read on,...
Like GM and Toyota (TM) before it, VW aims to be the largest car company in the world within a few years with a huge lead over its competition.In the meantime, VW said that in the fourth quarter of...
The national alcoholic drink of England is more popular worldwide than ever. Here are 14 gin brands for newcomers to try.
Former President Barack Obama and First Lady Michelle Obama have signed a multi-year production deal with Netflix that is sure to grind the current White House occupant's gears.
With competition ranging from independents with one store to giants with thousands, will Starbucks be able to maintain its place in the specialty coffee business?
Tech stocks will sell off because of weakness in Google’s (NASDAQ: GOOG) earnings. They should not. Google’s numbers are not a sign of anything beyond its profligate spending. The search engine...
The euro dropped below $1.25 for the first time in 14 months. It may have happened because Paul Volcker said that “You have the great problem of a potential disintegration of the euro.” according...
Virtually nothing has gone right at Boston Scientific (BSX) since it bought rival Guidant in a bidding war with Johnson & Johnson (JNJ) in 2006. With a year of the transaction closing Guidant had...
The National Association of Home Builders/Wells Fargo index for February showed the confidence of builders at a five-year high. That is the best level since May 2007, which is about when the most...
Hewlett-Packard (NYSE: HPQ) has plans to lay off as many as 30,000 people soon. By some estimates that is 8% of its workforce. HP’s CEO Meg Whitman needs to show that she has found substantial...
Progress Energy Inc. (NYSE:PGN) announced yesterday that it would issue 11.5 million new shares of common stock. JP Morgan Securities Inc. and Morgan Stanley & Co. are joint managers and have an...
The unemployment situation in the U.S. improved in the final quarter of last year, but ever so slightly. The federal government says the economy added a little over 120,000 new jobs in October and...
Source: ThinkstockThe Chinese economy showed more signs of slowing, caused either by a recession in most of the rest of the world or perhaps a drop in spending by its own middle class. That middle...
Cars sales may best represent the recovery of the consumer economy. People who can spend $20,000, $30,000 or even $40,000 must have confidence in their prospects. Otherwise, why take on such a large...