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According to Reuters. Warren Buffett says that US is in a recession and large banks will face more pain. Reuters writes that Yahoo! (YHOO) may face lawsuits after rejecting an offer from Microsoft...
Sprint (NYSE: S) may have found a buyer. The interested party is German phone giant Deutsche Telekom NYSE: DT). DT owns the fourth largest cellular carrier in the US. Sprint has the third largest...
Markets in Europe rose slightly at 6.25 AM New York time. The FTSE was up .1% to 6,052. Barclay’s (BCS) rose 2.6% to 491.5. SABMiller was up 5.5% to 1,182. The DAXX moved up .1% to 6,708. Deutsche...
Markets in Europe were off slightly at 6.40 AM New York time. The FTSE was down .3% to 5,838. British Airways was off 4,3% to 253.5. British Energy was up 4.6% to 572. The DAXX fell .3% to 6,664....
According to Reuters, Fed chief Bernanke said the Fed was ready to help the economy if necessary. Reuters writes that financial results at Deutsche Telekom (DT) met expectations for 2007. Reuters...
Markets in Europe were higher at 6.25 AM New York time. The FTSE rose 1.3% to 5,937. BHP Billiton (BHP) rose 4% to 1441. Vodafone (VOD) rose 4% to 178. The DAXX moved up 1.6% to 6,928. BMW rose 4.2%...
Markets in Europe have gained back most of their sell-offs at 5.40 AM Eastern time. The FTSE is off .1% at 5,571. BHP Billiton (BHP) is up 1.9% to 1259. BP (BP) is off 1.4% to 512. The DAXX is off 2%...
Markets in Europe were modestly higher at 6.35 AM New York time. The FTSE rose .5% to 6,370. Barclays (BCS) fell 2.2% to 461.25. BT (BT) rose 1.9% to 289. The DAXX was up .6% to $7,863. Bayer (BAY)...
Shares in AT&T (T) are up 70% over the last two years. The S&P is up less than 20% for that period. But, the big telephone company may not be able to duplicate its stellar stock performance...
The large Middle East mobile provider Orascom, has been put on the market. The company has 65 million customers which would make it as large as any provider in the US. Speculation in The Times of...
Markets in Europe were down at 6.15 AM New York time. The FTSE fell 1% to 6,324. Barclays (BCS) was off 3.6% to 541. Northern Rock was down 3.9% to 104.8. The DAXX was off .1% to 7,827. Deutsche Bank...
Markets in Europe were mixed at 6.40 AM New York time. The FTSE was off .2% to 6,294. Barclays (BCS) was down 4% to 532. BP (BP) was up 1.5% to 586. The DAXX rose .4% to 7,750. Deutsche Telekom (DT)...
Markets in Europe were higher at 7.10 AM The FTSE rose .4% to 6,285. BP (BP) was up 1.1% to 584. Northern Rock was up 27.5% to 109.5. The DAXX rose .4% to 7,637. Deutsche Telekom (DT) fell 1.3% to...
Markets in Europe were off an average of about 1% at 6 AM New York time. The FTSE fell .8% to 6,333. Barclays (BCS) was down 4.7% to 489.25. BT (BT) was down 3.3% to 304.5. The DAXX was down .3% to...
Markets in Europe were slightly higher at 6.20 AM New York time. The FTSE rose .2% to 6,474. Barclays (BCS) fell 1.8% to 512. Rio Tinto (RTP) rose 2.1% to 4285. The DAXX was up .4% to 7,837. BMW fell...