Today's links: Falling gas prices, Corvettes, and the end of the iPod
A crisis in the Middle East and an oil glut at home? When is the last time that happened? Experts are looking for $3.15 a gallon by Halloween, and $3 a gallon could be in the cards. (Photo by Brian...
View ArticleToday's links: Dupont! Scotland! Volcanados!
Trian Partners, an activist hedge fund, is urging the breakup of chemical maker DuPont (DD), arguing that its structure is bloated and that its seven lines of business bear little relation to each...
View ArticleWith a bullet: Argentina, Pimco, Walmart, Pimco, Batman
By trying to sidestep his orders regarding payments to bondholders, Argentina is in contempt of court, ruled Judge Thomas P. Griesa of Federal District Court in Manhattan. The ruling is the latest in...
View ArticleRetail stocks down with market drop
Richard and Loretta Spigel shop at a Target store in Wilmington, Delaware. Eileen Blass, USA TODAY Shares of major retailers are trending down Wednesday as the Dow Jones industrial average comes back...
View ArticleWith a bullet: Gas prices, deflation, lunacy
Goldman Sachs not only beat earnings estimates, it threw them out of the ring and hit them with folding chairs. The investment bank (Bruce Schreiner, AP) earned $4.57 a share in the third quarter,...
View ArticleMicrosoft up as Xbox One crushes it
A selection of special edition Xbox One video game console bundles. Shares of Microsoft are up sharply Monday on reports that its Xbox One video-game console is having a banner holiday season. Most...
View ArticleWith a bullet: Beware of Greeks bearing bonds
Things are heating up once again in Greece, as the eurozone’s biggest debtor tries to wring concessions from Germany, the eurozone’s biggest lender. Even tiny Malta (population 500,000) is getting in...
View ArticleAsk Matt: Can Walmart shake off its funk?
AP Q: Can Walmart shake off its funk? A: It seems strange to refer to a company that posted $485.5 billion in revenue the past 12 months as struggling. But for investors, it sure feels that way. Shares...
View ArticleGreen Dot shares soar on new Walmart deal
Company website In another sign of Walmart’s power, shares of Green Dot soared 30% today after the retail giant inked a new, long-term deal with the bank to issue WalMart’s reloadable debit cards. The...
View ArticleWalmart shares down on new CFO
The entrance to a Walmart store in Decatur, Georgia, USA, 27 August 2015. Shares of retail giant Walmart (WMT) are down Friday following the appointment of a new chief financial officer. Walmart shares...
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