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Bond insurer MBIA Inc. (NYSE:MBI) had filed six 'causes of action' against Merrill Lynch (NYSE:BAC) in reference to complicated debt securities the firm had insured on behalf of Merrill, and New York State Supreme Court Justice Bernard Fried has dismissed five...
Banking (Apr 10th, 10)
Warren Buffett and Berkshire Hathaway (NYSE:BRK-A) are now looking to the real estate sector for some great bargains, and it looks like they have a lot to pick from, as their deal for Schiller Real Estate, a firm based in the Chicago area shows. Berkshire wil...
Real Estate (Apr 9th, 10)
A survey from accounting firm Grant Thornton confirmed the majority of business owners and executives consider the country still in a recession, and have no plans to hire within the next six months, with 22 percent saying they're going to cut back on hiring. ...
United States (Apr 9th, 10)
On February 23, 2010 First American CoreLogic released its report for the fourth quarter 2009 on negative equity in the U.S. (http://www.loanperformance.com/aboutus/first-american.aspx). For Arizona the news should have come as no surprise but the numbers are ...
Personal Finance (Apr 9th, 10)
There are three crucial tests you must meet in order to qualify for a home loan in today’s world. The tests are down payment, debt ratio and credit quality. As recently as 2007 you might only need to meet one of these tests. The financial and related hou...
Personal Finance (Apr 9th, 10)
In probably one of the more anticipated features related to the Apple (Nasdaq:AAPL) iPhone business users have been waiting for, multitasking is now part of the experience, and it could cause a number of businesses and individuals to change to the iPhone as a ...
Technology (Apr 8th, 10)
After being one of the laggards of the industry for some time, MGM Mirage (NYSE:MGM) made a nice move today, ending the session up by over 10 percent. Other casino stocks ended up as well, with Wynn Resorts (Nasdaq:WYNN) up by almost 6 percent and Las Vegas S...
Investing (Apr 8th, 10)
Blockbuster (NYSE:BBI) had added deals with Sony (NYSE:SNE) and Twentieth Century Fox to all them to offer movies on the same day they're released on DVD; both in the store and via mail channels. What this is costing Blockbuster is a first lien on assets of B...
Business (Apr 7th, 10)
With very little demand for the adoption of USB 3.0, and Intel (Nasdaq:INTC) in no hurry to embrace it by integrating it with their chipsets, one wonders why the product has been produced in the first place. Why would a regular consumer want to have a USB 3.0...
Technology (Apr 7th, 10)
If you aren't from the U.K., it may be hard to relate to the response of the country to Kraft (NYSE:KFT) taking over chocolate maker Cadbury, promising to keep a factory open, which upon completing the deal, reversed direction and announced they were going to ...
Business (Apr 6th, 10)
In an effort to combat higher fees and lower results, financial advisers in Australia may be prohibited from charging commissions on sales related to pensions and investments, based on recommendations from the Cooper Review of superannuation, said The Australi...
superannuation (Apr 6th, 10)
Similar to their softdrink counterparts, Coca-Cola (NYSE:KO) and Pepsico (NYSE:PEP), Tempur-Pedic (NYSE:TPX) has decided to acquire one of its key distributors to build it business foundation in Canada, with the goal of increasing market share in the country. ...
Business (Apr 5th, 10)
Eastman Kodak (NYSE:EK) enjoyed the largest gains in the S&P 500, rising to $6.61 a share, a more than 10 percent gain. The stock skyrocketed when Harry Boxer from Technical Trader let it be known the stock had been added to his portfolio. Once the news h...
Business (Apr 5th, 10)
Last November General Electric (NYSE:GE) and China announced they had entered into what they called a "Country to Company" agreement, which implied and I think, outright announced, that China considered General Electric to be on equal footing to another countr...
China (Apr 4th, 10)
The very predictable assertion has already been thrown out there that the Apple (NASDAQ:AAPL) iPad is one of the greatest threats to Microsoft (NASDAQ:MSFT) in their history, and they're doing nothing about it. In a Bloomberg interview, Stephen Elop, presiden...
Technology (Apr 4th, 10)
The towns that have become reliant, or overly-reliant upon military presences around them, remind me of the Irish potato famine in the 19th century, where the monoculture failed, along with the dreams and aspirations of the Irish, who were forced to leave the ...
Business (Apr 3rd, 10)
In an effort to immediately expand the customer base for its iPad, Apple (Nasdaq:AAPL) has been working on developing a Web site built to showcase the various things a business could use the new device for. The  site is now live ready to check out. Right...
Technology (Apr 3rd, 10)
The World Steel Association is up in arms about the changes in the way iron ore contracts by leading companies BHP Billiton (ASE:BHP) and Rio Tinto (TSE:RIO) and Vale SA, as they've changes from an annual to a quarterly time-frame. Representing about 180 coun...
Commodities (Apr 2nd, 10)
At a time when the need for lower costs of doing business is vital for a sustainable economic recovery in the U.K., the Labour party has plans to raise the National Insurance rates. In response, British opposition leader David Cameron said Labour is on "on th...
United Kingdom (Apr 2nd, 10)
While the excitement builds for the release Apple iPad on Saturday(3rd of April), one has to consider the major impact the device will directly and indirectly effect other companies and products.  While many are predicting how the Apple iPad will domin...
Industries (Apr 2nd, 10)
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