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Today's Top Investing And Financial Commentary
| Insight on whether Toyota will ever recover from its recall problems, with John Giamalvo, Edmunds.com and Laurence Meyer, Macroeconomic Advisers. (Source: CNBC) |
Republicans and the Populist Temptation -- The reaction to Scott Brown's victory has been a lurch toward antibusiness rhetoric. The stock market doesn't like it. (Source: The Wall Street Journal)
Money, Not Kindness, Guides Business -- Businesses are in business to make money. Benevolence is not the guiding principle. (Source: Los Angeles Times)
A Deadly Dollar Habit -- Getting the world to kick its greenback addiction will be good for everybody even Americans. So why aren't we talking about it? (Source: Newsweek)
U.S.-China Friction -- Why Neither Side Can Afford a Split. (Source: TIME)
Clueless in Washington -- Neither the president nor Congress shows any sign of knowing how to tackle the deficit. (Source: The Economist)
Latest News
Commercial lender CIT Group is still trying to pick up the pieces after filing for bankruptcy last year. The company has appointed former chief executive of Merrill Lynch, John Thain as chairman and chief officer. Mr. Thain received a lot of scrutiny for paying out big bonuses despite huge losses at Merrill Lynch. His current level of compensation is a big step away from the $83.1 million he took home at Merrill Lynch in 2007.
John Thain and CIT Group: The Odd Couple
Apotheker Out as SAP CEO - Chief Executive Leo Apotheker along with two other board members resigned from the company on Sunday. Software giant SAP (SAP) has named Bill McDermott and Jim Hagemann Snabe as new co-CEOs.
SAP CEO exits: should investors cheer or worry?
CVS Caremark Corp. (CVS), the largest US distributor of prescription drugs, reported that fourth-quarter profit climbed 11 percent as the company acquired new customers and boosted its pharmacy-benefit claims with the addition of RxAmerica.
Hasbro Blows by 4Q Expectations - Hasbro Inc. (HAS) reported a stronger-than-expected quarterly profit. How was the company able to exceed analysts' expectations? Will the same level of momentum spill over into subsequent quarters or will the company shift back into reverse?
Federal Reserve Chairman Ben Bernanke and the central bank will begin laying out an exit strategy . The plan will likely include details on how the bank will raise interest rates and reverse stimulus that is currently being funnel into different sectors.
Toyota Motors Corp. (TM) is in denial mode as speculation increases that the automaker will recall an additional 300,000 vehicles regarding a braking issue. The recall is expected to start in Japan this week and only focus on 2010 models.
Other Interesting Tidbits
What Happens if China's Bubble Pops?
7 Reasons Job Hoppers Are Worse Off in Retirement - Switching employers too often can result in less money for retirement.
Can Microsoft Save Itself? - A former Microsoft exec says the company has lost its ability to innovate. Is this the beginning of the end for the software giant?
8 Things to Know About a SEP IRA in 2010 - Here are some items that you need to know about the SEP IRA for 2009 and 2010.
Launching a New Career - Focus on what you can do rather than what you have done.
Featured Market Commentary And Articles
Debt Woes Shakeup Stocks; CIT Group Appoints John Thain
Stocks bounced back into negative territory on Monday as debt worries continued to flood the market. The Dow Jones Industrial Average shed 103 points and fell below the 10,000 mark for the first time in three months. Two stocks fell for every one that rose on the New York Stock Exchange. Volume came to 1.1 [...]More Market Commentary and Articles >
Financial Commentary Videos
Stock of the day - Hasbro (HAS)
Hasbro Blows by 4Q Expectations (HAS)
Coming off of the holiday season, retailers continue to be an important gauge of how consumers are responding to the recovery. Some retailers’ results are still showing an area of concern while others have easily exceeded analysts’ expectations. The holiday shopping season was a pivotal time for most retailers as they tried to recover from a year of disappointing results fueled by the Great Recession. Now that the busiest shopping time of the year has wrapped up, fourth-quarter results are starting to pour in. Hasbro Inc., the toy manufacturer, reported a stronger-than-expected quarterly profit. How was the company able to exceed analysts’ expectations? Will the same level of momentum spill over into subsequent quarters or will the company shift back into reverse?
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