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China’s imports number fell more than expected, another sign that an economy that grew at 10% or more per year for a decade has moved into a recession of sorts. Exports decreased 0.5% and imports...
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The U.S. and state attorneys general reach a $25 billion settlement with five banks over mortgage abuses. (Reuters) The Hong Kong division of Alibaba may go private as part of a refinancing and a...
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Investment firm Canaccord Genuity said today in its daily newsletter that Apple Inc. (NASDAQ: AAPL) garners about 80% of the operating profit among all handset makers. Of $14.4 billion in industry...
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Groupon (NASDAQ: GRPN) and Facebook are in a battle with many investors about the value of their audiences. Do Groupon’s visitors still use it regularly to buy merchandise? Do Facebook’s members...
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Greek ministers will go to Brussels to meet with EU officials about restructuring of debt, but several details have not been resolved. (Reuters) Groupon (NASDAQ: GRPN) posts earnings that trouble...
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Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest...
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It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market or economic forces, or because of a...
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HTC posted fourth-quarter earnings that were less than impressive. It also forecast a disastrous first quarter. These are signs that HTC is the latest company to succumb to the success of Samsung...
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Solar systems installer SolarCity is reported to be preparing an IPO in the third quarter of this year. A Reuters report notes that Goldman Sachs will be the lead underwriter for the stock offering,...
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