In its latest fleet status update, deepwater titan Transocean (NYSE: RIG) revealed some more rot in the shallow end of the drilling pool.
Every Friday, I look at seven companies that are projected to post year-over-year dips in quarterly profitability the following week. However, as we prepare to dive right into earnings season, I've found myself with a lot more than just seven major companies targeted to take steps back on the bottom line next week.
Koman then details how Yahoo! (Nasdaq: YHOO) collaborated with the Iranian regime during the notorious election protests, by providing authorities with the names and email addresses of roughly 200,000 Iranian Yahoo! users.
International Speedway (Nasdaq: ISCA), the largest U.S. motor-sports track operator, unveiled a weak third-quarter report and said it would continue to sell discounted entry- level tickets to attract more customers. And there's one more thing.
Are you worried yet?
Does the fact that we've come roaring off the market bottom bother you?
Does the really severe recession we've been in with its banking crisis, government takeover of companies, and near-double-digit unemployment make you think that this time, it really is different?
Are you worried? If so, you're not alone. The folks who run the "Wealth Hazards Worry Index" have just released their September results, and they show that the number of people who are afraid of being left behind by the economic recovery has shot up from 31% of respondents to 46% since August.
Quick test: Which of the following is false?
Is bigger better? Sometimes, it just makes you a fatter target.
Recent months have seen the Obama administration target defense industry programs, investigate telecom business practices, and paint a bullseye on insurance companies' profit margins. This week, IBM (NYSE: IBM) landed in its gunsights, as the Justice Department began investigating possible abuse of IBM's monopoly position in the market for mainframe computers.
Yesterday was another good day for investors hungry for new meat. A pair of prolific IPOs, those of Banco Santander Brasil (Nasdaq: BSBR) and Verisk Analytics (Nasdaq: VRSK), launched yesterday.
Many investors these days have truly short-term memories. They seem to be driven by yesterday's and last week's market events, conveniently forgetting the lessons of last year and the years before that.