Buzzworthy News
Bankruptcy filings don't discriminate. The Chicago Cubs filed for bankruptcy as part of a plan by owner Tribune Co. to sell the baseball team to the family of TD Ameritrade Holding Corp. founder Joe Ricketts. The new owners are looking to make a fresh start .
Black and Decker (BDK) is hammering its way to higher earnings for the third-quarter. The company boosted its third-quarter earnings forecast aided by a lower tax bill and ahead-of-schedule shipments of promotional items.
Symantec (SYMC) has decided to give Digital River (DRIV) the blue screen of death. The company announced plans to move all online sales of its Norton antivirus software now handled by Digital River in house with the hopes of boosting earnings.
Citigroup Inc. (C) has been slapped with a $600,000 fine from FINRA. America's number three bank was assessed the fine following regulator's claims that it inadequately monitored complex stock-trading strategies to minimize its potential tax liabilities
KB Home (KBH) may be in some more quick drying cement. The homebuilder is reportedly under investigation by the Securities and Exchange Commission over possible accounting and disclosure violations.
It looks like venture capital firms will be stuck on a bumpy path for a while. Fundraising activity among venture capitalists has declined for the second consecutive quarter.
Venture Capitalists Need Money, Too
The majority of the people affiliated with the National Association of Business Economists believe that the recession is over and the expansion has begun. The recession may be over, but recovery is painful .
Video -- NABE: Recession Over
Sidekick users who lost their data won't be getting it back. Some T-Mobile customers that use the device suddenly found themselves without address books, calendars, e-mails and photos. Apparently Microsoft's (MSFT) subsidiary Danger experienced technical difficulties which led to the lost of data.
Royal Philips Electronics (PHG) surprised analysts and posted net income of $257 million in the third quarter. This was a big step up from the net income of $84 million that it reported last year.
Other Juicy Tidbits
Regular email is no longer the king and here's why .
In the markets, a few simple steps can help keep one's emotions at bay.
How the public option , helped by a congressman looking for an issue and a shrewdly silent White House, returned from the brink.
Four Stages of Market Turning Points
The man behind 2009's biggest bank bust -- He built Alabama's Colonial Bank into a real estate money machine, only to see it become the largest bank failure this year.
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