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The CEO of American Express (NYSE:AXP) Kenneth Chenault said that credit card spending by his customer was up 3% in October compared to September and up 1% from October of last year. That is barely...
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NBCU CEO Jeff Zucker was well-educated at Harvard. He is well liked by his managers at GE (NYSE:GE). He is well-regarded within the entertainment history. And, NBCU has done almost nothing to...
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Short sellers have bought into the notion that the financial industry is in full recovery. Shares sold short in Wells Fargo (NYSE:WFC) fell 8% to 78.8 million shares. Shares short in CIT (NYSE:CIT)...
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Reuters: Two Bear Stearns hedge fund managers were acquited. Reuters: Zucker, NBCU’s current CEO, will head the company when Comcast (NASDAQ:CMCSA) buys a majority of the company from GE...
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Updated throughout the day. Updated at 11.49 AM EST: Reynolds Americam (NYSE:RAI) may buy Niconovum, a Swedish maker of nicotine gum and mouth sprays (Boomberg) Updated at 10.12 AM EST: Wells Fargo...
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These are this Monday’s top day trader and active traders stock alerts. We have a link for more detailed analysis and price/volume data at VSInvestor.com: Ariad Pharmaceuticals (NASDAQ: ARIA) is...
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NBC Universal, the entertainment arm of GE (NYSE:GE) which is 20% owned by Vivendi, is worth $30 billion. That is the figure that GE and Comcast (NASDAQ:CMCSA), the cable company that intends to take...
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McDonald’s (NYSE:MCD) spends a great deal of its test kitchen time trying to beat the clock. It has occurred to the fast food chain that a customer who expects to wait 30 seconds for a meal may...
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Reuters: Hurricane Ida is heading toward Gulf oil fields. Reuters: Kraft (NYSE:KFT) will make its bid for Cadbury. Reuters: GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to an NBCU...
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General Electric Co. (NYSE: GE) may be the one single bright spot taking the market higher this Friday when you consider the 10.2% unemployment rate and when you look over the latest round of...
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Who is the greatest American CEO of the last decade? Jack Welch, who retired as GE’s (NYSE:GE) chief in 2001. He held his job at the head of the world’s largest conglomerate for 20 years. During...
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Updated throughout the day. Updated 1.05 PM EST: Las Vagas Sands (NYSE:LVS) will try to raise $2.5 billion though an IPO in Hong Kong (AP) Updated 11.12 AM EST: Pfizer (NYSE:PFE) is considering a...
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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...
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Updated throughout the day. Updated 10.45 AM EST There is not as much cash on the sidelines as most investors expect. (Reuters) Yahoo! (NASDAQ:YHOO) has frozen hiring on the team evaluating...
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Wind energy is supposed to be one of the key puzzle pieces in the quest to get off the dependence of foreign energy sources. Yet a fairly disturbing story from the Daily Camera in Boulder. Colorado...
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