Sparking Headlines
Everyone wants a bite of Apple (AAPL). Shares of the company soared to a new year high following its earnings report that showed a 47% jump in quarterly profits . Apple's results also topped the estimates of analysts surveyed by Thomson Reuters, who had forecast the company to earn $1.42 a share on revenue of $9.2 billion.
iPhone Shortages "Nice Problem to Have"
The hits just keep coming: now there's a new Apple Remote
Apple to Investors: You're Welcome
Video -- Apple's New iMac
Blackrock (BLK) quarterly results basically mirrored those of Apple (AAPL). The biggest publicly traded US asset manager said third-quarter profit jumped 46 percent on gains from cost-cutting and gains on its own investments.
The Obama administration is still mulling over the first-time home buyer's credit. Should they extend it or should they not? That is the question. The expiration of the credit may be affecting new home construction , which rose last month, but by less than expected.
Video -- Econ Analysis: Housing Starts, PPI
Galleon Group's analysts, portfolio managers and traders are starting to shake in their boots. They are seeking legal advice and brushing the dust off of their resumes following the arrest of Raj Rajaratnam, the hedge-fund firm's founder, on insider trading charges.
Unraveling Rajaratnam
At one time, private higher education institutions were always more expensive than public ones, but things are changing. Tuition and fees rose 6.5 percent at public four-year colleges compared with the 2008-2009 school year and 4.4 percent at private, nonprofit, four-year institutions.
Coca-Cola (KO) sales in North America are losing their fizzle. The company said its third quarter profit rose only slightly compared to the same period last year, as sales continued to take a toll on revenue.
Invesco Ltd. (IVZ) agreed to buy Morgan Stanley's (MS) retail investment management business for $1.5 billion in stock and cash .
Cost cutting has boosted up the bottom line at a number of companies. Sherwin-Williams (SHW) and Pfizer (PFE) both reported declines in third-quarter profit that could have been worse if the companies had not initiated cost cutting strategies.
Cost-cutting drives Pfizer profit
How Many Jobs Has Pfizer Cut This Year?
Painting Sherwin Into Corner
Other Interesting Tidbits
David Einhorn's Speech at the Value Investing Congress
Will Holiday Shopping Be Naughty or Nice? -- With so many jobless consumers, many retailers are prepared to endure another weak holiday selling season. But some analysts have turned optimistic.
Windows 7 to Let Fresh Air Into Tech Sector
Why Halloween Is Recession-Proof for Some Retailers
20 reasons America has lost its soul and collapse is inevitable. |