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White House claims 650,000 jobs saved by stimulus: are these numbers really accurate?
This morning, the White House reported that President Obama's stimulus package has created or saved 650,000 jobs -- of course, this time the Obama Administration promises that the new figures will be "more accurate" than in the past. As for the jobs ...
Logitech's shares are headed north
Institutional Investors are acting as forecast with Logitech International SA (NASDAQ: LOGI): they're piling into the shares, hence, I'm Reiterating my Buy rating for the company, first recommended on April 13, 2009 at a price of $11.40. If you ...
Abercrombie & Fitch: A momentum play after Q3 release?
Back in August, I discussed my amazement at Abercrombie & Fitch (ANF). The stock just didn't seem to be acting in a manner which reflected the fundamentals of the business it represents. Well, my bout of amazement continues, because shares of the ...
Fed ends purchase of $300 billion in Treasury securities
In a major policy shift, the US Federal Reserve ended its purchase of $300 billion dollars of treasury securities.The purchase had the effect of pumping money into the banking system. When the Fed buys securities, it creates a credit on bank balance ...
World Wrestling Entertainment Q3 results exceed expectations
World Wrestling Entertainment (NYSE: WWE)'s stock jumped Thursday after the market took a look at the company's Q3 data. Overall revenues didn't see much of an increase, but earnings per share rose over 70% to 12 cents. Driving this incredible ...
Palm adds more shares to its new public offering
Just before Wednesday's opening bell, tech giant Palm (NASDAQ: PALM) announced that it raised the number of shares it will sell in a new public offering. The company will now offer 20 million shares rather than the previously reported 16 million. The ...
Cramer on BloggingStocks: Dell feeds the bears
From TheStreet.com Network
Dell's Weak Numbers Sink Shares
Five Dumbest Things on Wall Street: Nov. 20
TheStreet.com's Jim Cramer says traders who focus on the negative will pounce on this poor report. Thanks for nothing, Dell (DELL) ...
Criminal Minds at HP?
HP's board members and ex-board members are lawyering-up. Tom Perkins, for example, retained Viet Dinh, who was actually the chief architect of the USA Patriot Act.
After all, it looks like California's attorney general, Bill Lockyer, wants to take ...
Delcath jumps 18% as its chemotherapy agent gets orphan drug status
Delcath Systems Inc. (NASDAQ: DCTH), which in pre-market trading shot up 48%, closed the trading session up 18% to close at $3.60 after the FDA granted its chemotherapy agent doxorubicin, used primarily for live cancer an orphan drug status. The ...
Gold stock to sell #1: Barrick Gold (ABX)
Barrick Gold Corp. (NYSE: ABX) announced that it would begin eliminating its hedges against a collapse in gold prices.
In so doing, the company is raising some $3 billion with the sale of stock that will dilute current shareholders.
While the gold ...
Collectible Investments: U.S. patent medicine tax stamps
Can investing and collecting go hand-in-hand? Yes -- especially if you are collecting coins, stock certificates, bank notes, or other rare items of value. Larry Schutts, an expert in investment-related collectibles, will periodically review items of ...
GlaxoSmithKline downgraded by SocGen
Early this morning, Societe Generale cut GlaxoSmithKline (GSK) to "sell" from "hold." The brokerage blamed the downgrade on the "looming threat" of generics to GSK's respiratory drug Advair. SocGen believes the market is "underestimating" the ...
Cloud computing, mobile on the agenda for ex-Google executive
Following his departure from Google (NASDAQ: GOOG) on Friday, Kai-fu Lee announced via Twitter that he was planning to launch a new venture fund. Today, he revealed the guts of a $115 million venture capital company that is focused on angel-round ...
Flavored cigarettes off the shelves
As of Tuesday, you'll have to cross a border to buy a clove. The U.S. Food and Drug Administration's ban on flavored cigarettes went into effect and prohibits the sale of candy and fruit-flavored cigarettes. Authorized under the Family Smoking ...
Patriots coach can deduct his fine for cheating?!
The National Football League fined New England Patriots head coach $500,000 for cheating and now, according to experts, he will be able to take is a nice tax deduction.
While I'm no tax expert, it seems wrong that he should be able to do ...
Nuclear power is on the comeback trail
Apple backs AT&T in continuing spat with Verizon
Closing Bell: The recession is still over, still... do you feel it?
