iPhone 5 Set To Debut Tuesday
The latest fifth generation of the iPhone is expected to debut this Tuesday,…
Author Archive for: Martin Stephenson
Greece Bailout Hanging In The Balance As Protests Mount
Furious Greek civil service workers blocked government buildings for a second…
Bank Of America Charging For Debit Cards
Bank of America’s joining other banks in charging customers for using…
Weekly Jobless Claims Fall
New claims for unemployment benefits fell last week to their lowest since April…
Unemployment Rates Dropped in Majority of U.S. Cities Despite Zero Job Growth
The Labor Department said on Wednesday that unemployment rates dropped in 237…
Darden Restaurants 1Q Profit Drops
Darden Restaurants Inc. (NYSE: DRI.N) posted a 6% drop in quarterly earnings…
Amazon Set to Unveil Their Tablet on Wednesday
Amazon (NASDAQ:AMZN) is set to unveil their tablet on Wednesday. The name of…
Stock Futures Soar
Stock index futures soared on Wall Street this morning joining a global rally….
Rumors Of Apple’s iPad Supply Slowdown
Apple Inc. stock shares fell over 3% in early trading Monday on Wall Street…
Congressional Budget Fight Starts Monday
On Monday a budget fight with lawmakers in Congress will continue. Congress…
Greek Default Concerns Grow Louder
The rumblings of a Greek default grew louder on Friday as Greek Finance Minister…
Wall Street Stabilizes, Then Slips
Wall Street has shifted between modest gains and losses this morning after Thursday’s…
Latest News
Oil Plunges 17% In Third QuarterOctober 2, 2011, 1:06 pmOil prices fell on Friday as global economic issues continue to rattle investors. Crude futures fell along with commodities led by copper. U.S. equities tumbled to its worst quarter since 2008. For the quarter, Brent crude fell $9.72, or 8.64 percent, the biggest percentage loss since the second quarter of 2010. For the month, Brent [...]
Economic Problems In China and Europe Fuels Earnings WorriesOctober 2, 2011, 12:53 pmAs the fourth quarter begins, U.S. investors are worried that the ongoing economic problems in China and Europe will dampen U.S. earnings growth. The euro zone’s debt crisis with Greece and economic weakness in China have fueled investor concern that the global economy could tip back into recession. Problems globally would dampen U.S. earnings growth [...]
Kodak Shares Plunge Amid Bankruptcy FearsOctober 2, 2011, 12:52 pmEastman Kodak (NYSE:EK) share were dumped by investors on Friday as fears that the photography pioneer is headed for bankruptcy. After Wall Street hammered the stock on Friday, a Kodak share lost more than half its value. Kodak tried to paint a brighter picture concerning the beleaguered company. “Kodak is committed to meeting all of [...]
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