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NetBank's stock is now worth $.08 as the company has lost big money on its loan portfolio. Everbank was supposed to buy them but the deal is off - lucky for Everbank.
Read →Qualcomm's guided higher in a market with a powerful tape, yet the stock fell. This proves the stock is going nowhere.
Read →Google, Apple, Amazon and RIMM are leading the market higher. Here is why it is going to continue.
Read →More bad news on the real estate front? Maybe.
Read →Google is dominant today but not as dominant as it might be in 10 years judging by a bunch of first graders.
Read →The UAW went on strike today to try and get job security. How can they demand job security when American car companies are being gutted? They should be pressuring management to build better cars since that is the only thing that will help them in the end.
Read →Lee Bollinger is making a huge mistake and should be dismissed as President of Columbia by the University's trustees immediately.
Read →Lee Bollinger, Columbia University's President, is completely out of line, and should be fired by the University's Board immediately.
Read →I just can't get enthusiastic about the Fed's move and this rise in bank stocks.
Read →I've learned that you can never tell what an unintended consequence of an action will be. Wall Street is partying now but there are plenty of ways this rate cut could go bad. Here's one.
Read →I can't believe what I am seeing at 10 AM EST this morning on the the nation's leading financial channel.
Read →Morgan Stanley's earnings fell by 17%, surprising Wall Street after the more positive earnings announcement from Lehman yesterday.
Read →The commerce department reported that starts of new homes fell by 2.6% to a seasonally adjusted annual rate of 1.331 million, which was the lowest since June 1995. Other data was just as bleak.
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