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Latest Business status news and updates

Money Matters - Simplified

Business status

Steer Clear of These Offshore Drillers

In its latest fleet status update, deepwater titan Transocean (NYSE: RIG) revealed some more rot in the shallow end of the drilling pool.

Beware of Earnings Season

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.

Did Yahoo! Blow It in Iran?

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.

On Track for More Gambling?

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

The 4 Most Dangerous Words for Your Portfolio

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 Being Left on the Sidelines?

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.

5 Unbelievably Solid Companies

Quick test: Which of the following is false?

  • The average American's lifespan is nearly 80 years.
  • The average large American corporation's lifespan is between 20 and 50 years, depending on the source.
  • Dinosaurs still exist and can be seen roaming throughout Kansas, Nebraska, Iowa, and Rhode Island.

IBM Needs a Good Lawyer

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

And the IPOs Keep Coming

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.

Vanguard Throws Cold Water on the Rally

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.