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Markets opened mixed this morning, with the DJIA showing much more strength than the S&P 500, which opened higher, or the Nasdaq, which opened lower. The S&P Case-Shiller house price index...
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Ratings agency Fitch Ratings didn’t like what it saw on a residential mortgage backed securities bond from Credit Suisse Group (NYSE: CS) and it said so. That led the bank to drop the agency’s...
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All three major indexes opened higher this morning, but the strength didn’t last as the Chicago PMI number failed to meet expectations and came in lower even than last month’s reading. The lower...
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Layoffs were part of the business news yesterday. Enough people lost jobs in a series of three “downsizings” to reminds those who believe unemployment continues to fall that the economy still...
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S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region....
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Updated throughout the day. McGraw-Hill (NYSE: MHP) and the CME may combine their DJIA and S&P 500 assets (Reuters) Facebook faces a privacy investigation in Ireland (FT) Douglas A. McIntyre...
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The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE:...
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These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Aeroflex Holding Corp. (NYSE: ARX) Raised to Conviction...
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John Chambers of Cisco (NASDAQ: CSCO) to preside over the company’s analyst meeting, perhaps for the last time. (Reuters) Merkel says the euro has no orderly method for a default. (Reuters) The...
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Updated throughout the day. Sprint-Nextel (NYSE: S) will offer the Apple (NASDAQ: AAPL) iPhone 5 in October. (WSJ) McGraw-Hill (NYSE: MHP) will spin off its eduction business (FT) Douglas A. McIntyre...
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Hurricane Irene will move up the East Coast, possibly hurting business activity. (Reuters) Sprint-Nextel (NYSE: S) to begin selling the Apple (NASDAQ: AAPL) iPhone 5 in mid-October. (Reuters) Samsung...
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Updated throughout the day. Apple (NASDAQ: AAPL) is building a inexpensive 8GB iPhone 4 (Reuters) Boeing (NYSE: BA) will get orders for 100 737-900 planes from Delta (NYSE: DAL) McGraw-Hill (NYSE:...
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Federal officials may consider cuts in food stamp programs that serve 46 million people. (Reuters) Housing prices probably continued to fall in July. (Reuters) Toyota (NYSE: TM) and Ford (NYSE: F) to...
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