MNI
MNI Articles
US equity markets opened lower this morning, but after the first hour or so of trading, the three major indexes moved to positive territory where they remained for the rest of the day. There was talk...
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At about noon, the DJIA is still up about 35 points at about 12,880, the Nasdaq is up some about 8 points at around 2,910, and the S&P 500 is up about 2.5 points to 1,347. News that Greece has...
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Traders rarely make mistakes as bad as the one they made when they pushed newspaper stocks higher early in the year. Shares in companies such as the New York Times (NYSE: NYT), Gannett (NYSE: GCI)...
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Equities fell sharply after this morning’s opening. Futures were soft prior to the opening bell due largely to continue to worry about Europe and a forecast cut to the European Central Bank’s...
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Many investors track the largest increase in short selling, but there is another crucial way to look at short interest: the days to cover often tells just how actively shorted a stock is, as does a...
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The CEOs at many of the most troubled companies have been in place for a long time and investors have to question how they keep their jobs. Eventually, performance has to count, even in sectors in...
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There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in broadcast TV, newspaper and magazines, and in real estate development....
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Reuters: Google (NASDAQ:GOOG) and IBM (NYSE:IBM) posted strong results. Reuters: Bank of America’s (NYSE:BAC) Lewis will skip 2009 pay. Reuters: Japan Airlines says bankruptcy is an...
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The US business of Readers Digest is going into Chapter 11. The immediate cause is the company’s need to restructure $1.6 billion in debt and to move ownership of the company to its lenders. The...
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Many knew that the huge Russell rebalance stocks was creating huge selling in the names toward the end of last week. Yet on no news today we are seeing solid gains in many of those same stocks. ...
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The struggle for large urban newspapers to stay in business has largely been an effort on the part of their managements to increase revenue on the Internet faster than it is lost in their print...
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Reuters: Chrysler is already seeing positive effects from bankruptcy. Reuters: The US is working with GM (GM) on a Chapter 11 filing as the June1 deadline looms. Reuters: Pimco’s Gross...
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Over the last few weeks, the newspaper industry has entered a new period of decline. The parent of the papers in Philadelphia declared bankruptcy as did the Journal Register chain. The Rocky Mountain...
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