Posted on August 04, 2006 by Marsha James

Apple has been riding a wave of success like nothing they have seen before, ever since they brought iPods to consumers. The computer company had reportedly made more than $3.1 billion over the last four years and stocks have been incredibly high because of it.
Now in what could be the next Enron, Apple has admitted [...]

Posted on June 06, 2006 by Sarah White

Ben S. Bernanke says he’s worried about inflation, and the stock market dropped nearly 200 points in response. Speaking at the International Monetary Conference in Washington on Monday, Bernanke said there are many signs that the economy is in transition, including:

slowing consumer spending

a cooling real estate market

increased energy costs

a slight rise in unemployment numbers

At [...]

Posted on April 21, 2006 by Marsha James

Ford Motor Co. reported that for the first quarter they have posted a $1.2 billion dollar loss. This is the mostly costly loss in four years and happens at a time when Ford is frantically trying to bring about major changes.
Ford’s North American automotive unit, which has been struggling with declining sales and high fixed [...]

Posted on April 05, 2006 by Nancy

According to Yahoo News, “Nordic telecommunication giants Nokia and Ericsson will need to grow by acquisition to counter the long-term impact of a planned merger of Alcatel and Lucent on their business.”
French company Alcatel and US company Lucent are merging to become a giant company worth about $25 billion, which will make them the 2nd [...]

Posted on April 05, 2006 by Nancy

Are you a fan of long-term investing?
If so, Morningstar is suggesting you take a look at stocks in the media sector.

Media stocks have performed poorly over the past few years, but don’t let that deter you:
We suspect that future returns for media stocks will be much better than those of the recent past [...]

Posted on March 17, 2006 by Nancy

AP Economics Writer Martin Crutsinger is reporting that “inflation, after spiking at the start of the year, slowed sharply in February, reflecting large declines in fuel prices and the cost of clothing.”
In February, energy prices fell by 1.2 percent. Pump prices dropped 1 percent, home heating oil was down 2.8 percent and natural gas prices [...]

Posted on November 11, 2005 by leafworks

…North Korea’s communist government is urging women in the country to wear traditional Korean clothes instead of pants, according to a North Korean monthly magazine.
“Keeping alive our dress style is a very important political issue to adhere to specific national cultural traditions at a time when the U.S. imperialists are maneuvering to spread the [...]

Posted on October 26, 2005 by Holden Longfellow

Will the appointment of Ben Bernanke to the Chairman of the Federal Reserve mean a continued deficit-running economy, but lower inflation?
That’s what seems to be the consensus on WallStreet following the announcement.

Financial Times: Bernanke likely to be tough on inflation, relaxed on deficit
MarketWatch: Getting a read on Bernanke
CNN Money: Bernanke hearing may come next month.
CNN [...]

Posted on June 02, 2005 by brother9

The World Poker Tour (or rather, the company that owns the WPT) IPO’d last August, and since then is trading at more than double the IPO. Not surprising.
But now there’s an overseas look into the IPO, and PartyGaming, the largest UK website for poker, is planning an IPO this month on the London Exchange [...]

Posted on April 15, 2005 by Preston Danforth

The data is all over the board these days when it comes to the US economy. Reuters is reporting:

NEW YORK (Reuters) – Industrial production and consumer sentiment reports came in on the weak side on Friday, the latest data to support the view that higher oil prices could lead to slower U.S. growth in [...]