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Markets in Asia were mixed. The Nikkei rose 1.5% to 10,168. JAL rose sharply on news of a government bailout. The Hang Seng fell .8% to 22,325. Geely Auto rose. The Shanghai Composite was up .5% to...
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Updated throughout the day. Updated 1.17 PM EST: Apple (NASDAQ:AAPL) may sign up Sprint (NYSE:S) and T-Mobile to market the iPhone in the US (Barron’s) Updated 11.29 PM EST: Huntsman (NYSE:HUN)...
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Reuters: Affluent borrowers are being made credit card offers. Most other people are rarely solicited. Reuters: Bank of America (NYSE:BAC) will repay $45 billion in TARP funds. Reuters: ...
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Market in Asia were mixed. The Nikkei rose 3.8% to 9,978. The Hang Seng rose .13% to 22,554. The Shanghai Composite fell .2% to 3,265. At the open in Europe, teh FTSE rose .6% to 5,359. BHP Billion...
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CIENA Corp. (NASDAQ: CIEN) has been under pressure for increasing its bid for the Nortel optical networking unit in the Nortel Networks Corp. (NRTLQ) bankruptcy. But now there is a stalking horse...
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New research indicates that transportation companies will benefit the most from the government’s huge stimulus investment in infrastructure. According to a new ChangeWave survey of 313 people who...
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Economists still expect layoffs in the US and Europe to slow as the recovery gains momentum. Pessimists among experts on GDP growth and job losses believe that the major risk of a double-dip...
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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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Updated throughout the day. Updated 2.15 PM: Electronic Arts (NASDAQ:ERTS) may buy social game business Playfish for $250 million. (Business Insider) Updated 1:40 PM EST: CKX Inc. (NASDAQ: CKXE)...
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Conseco Inc (NYSE: CNO) rallied 30% to a yearly high of $6.50 on news that Paulson & Co. had taken a large stake in the company as well as on news that the company had entered into an agreement...
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Siemens AG (NYSE: SI) is showing that wind energy is not as dead as many might have you believe. This morning the company issued a press release showing that wind power orders are still possible. The...
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Reuters: The G20 is taking center stage in the new economic world order. Reuters: Bank losses from large syndicated loans will hit $53 billion this year. Reuters: One Fed governor said...
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Reuters: China say data show the US tire tariffs are unfair. Reuters: A Fed policy debate has begun now that the recession is over. Reuters: The world’s wealth is down 11% and the...
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Reuters: Smart investors are starting to cherry- pick stocks. Reuters: California may agree on a budget to stop using IOUs. Reuters: Some stock funds are still making up for lost ground....
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It should be considered significant good news for GE (GE) that Siemens (SI) says its revenue from global stimulus packages would be huge. According to Reuters, the conglomerate claims that it expects...
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