SEC Prepares A Civil Fraud Case Against SAC Capital
SAC Capital Advisors, the $20 billion plus hedge fund managed by billionaire Steven Cohen, said in a conference call Wednesday with investors that the Securities...
Category : Home
Costco Has Special Holiday Gift To Shareholders: Dodging Fiscal Cliff
Costco Wholesale Corporation (NASDAQ:COST) has a special holiday gift to its shareholders. The warehouse merchant announced that it would pay a cash dividend of $3...
Fed: Consumer Deleveraging Continued in Q3, Student Debt increases
From the NY Fed: Decrease in Overall Debt Balance Continues Despite Rise in Non-Real Estate Debt In its latest Quarterly Report on Household Debt and...
Modeling the Wealth, Income, and “Saving” Effects of Redistribution: More is Better?
It has long seemed to me that redistribution is, for some reason, necessary for the emergence, continuance, and growth of large, prosperous, modern, high-productivity monetary...
Why Taiwan Is Asia’s Hidden Tech Mecca
If you are a tech investor, and you are not including Asian companies in your stock portfolio, I think you are ignoring some of the...
Apple (AAPL) Asks AU Optronics (AUO) to Halt Panel Production on Defects
AU Optronics (NYSE: AUO) shares are showing a wide range early following reports that Apple (Nasdaq: AAPL) may have asked the company to halt panel...
Apple Inc. (AAPL) May Have Climbed To The Top Of The Tree
Apple shares have not managed to make much headway since last March. Is this the beginning of a leveling off in the firm's share price?...
No Discount On Democracy
With shopping on so many minds this past holiday weekend, I ran a Google search for the phrases “democracy for sale” and “Citizens United,” and...
Chicago Fed: Economic Activity Slower in October
The Chicago Fed released the national activity index (a composite index of other indicators): Economic Activity Slower in October Led by declines in production-related indicators,...
Morning News on WMT, COP, KCG, AAPL and more…
Morning Market Update: Market Levels • US: Dow: 12909.00 (-0.40%), S&P 500: 1399.30 (-0.43%), NASDAQ: 2627.50 (-0.26%) • Europe: CAC: 3501.99 (-0.77%), DAX: 7283.59 (-0.35%),...