Sony’s newest portable game system, Playstation Vita, hit Japan stores on Saturday. Thousands of people were lined up early to be the first to get their hands on it. Sony Corporation (NYSE:SNY) is predicting good sales despite the Vita releasing deep into the holiday season. A successful launch of the Vita would help Sony offset [...]
The always rosy Gerald Celente conducted a radio interview late this week where he discussed the current economic and geopolitical climate. The Trends Forecaster gave his normal prediction of gloom, gloom and a little bit more gloom. He thinks by late 2012 the economy will begin to collapse and the US government will use the [...]
Fitch, the credit ratings agency, believes a comprehensive solution to the euro debt crisis is unreachable. Fitch also put multiple euro nations including France and Italy on credit watch downgrade. It kept France’s AAA rating, but put them on outlook negative. “Of particular concern is the absence of a credible financial backstop. In Fitch’s opinion [...]