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Reuters: Airlines are cutting back on first class seating. Reuters: Xstrata wants merger talks with mining rival Anglo American. Reuters: Employers are cutting 401 (K) plans....
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Reuters: Small businesses are having trouble finding financing. Reuters: VW has stopped tie-up talks with Porsche. Reuters: The US budget chief says there are signs the economic free fall...
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Today was a big day for the world of colonoscopies and the battle in detecting colon cancer and polyps. The Center for Medicare and Medicaid Services issued a final decision that Medicare would not...
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According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of...
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Nortel Networks Corp. (OTC: NRTLQ) may be adding some insult to serious injury. Shares surged today, by a huge percentage basis on merely a few cents move, after the WSJ reported yesterday that a...
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According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to be Treasury Secretary. Reuters reports that people lost...
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These are most of the general analyst calls we have seen with downgrades or negative implications this Wednesday morning in the early pre-market trading hours: Allscripts-Misys (NASDAQ: MDRX) Cut to...
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China reworked its 2007 GDP growth numbers and that put it ahead of Germany in total GDP, making it the third largest economy in the world. The revision seems a little out of the ordinary coming over...
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According to Reuters, there may be another bubble in commodities prices. Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output. Reuters writes...
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According to Reuters, car company executives went before Congress and pleaded for billions of dollars. Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that...
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According to Reuters, Japan will supply money to the IMF. Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank. Reuters reports that the US may need to insure wholesale deposits....
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The plague of falling US vehicle sales is reaching the earnings of big car companies abroad. BMW "reported second-quarter earnings that trailed analysts’ estimates and abandoned its profit forecast...
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Most of the executives at Siemens (SI) are being dragged off in handcuffs as part of the prosecutions in the company’s bribery scandal. But, the few managers who remain are doing a spectacular job....
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According to Reuters, oil is nearing a 20% drop from its peak, moving into bear market range. Reuters writes that HP (HPQ), Yahoo! (YHOO), and Intel (INTC) are looking at ways to make the internet...
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According to Reuters, Merrill Lynch (MER) said that it would sell $8.5 billion in stock and take large write-downs. Reuters report that KKR says the market slump is a good time to go public. Cash...
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