Greece wants tax cuts, extra help for the poor and unemployed, a freeze on public sector lay-offs and more time to cut its deficit under…
The European bailout of 130 billion euros ($163.4 billion) that was supposed to buy time for Greece is mainly servicing only the interest on the…
BloombergJC Penney Posts Loss; Stock SlumpsWall Street JournalBy NATHALIE TADENA JC Penney Co. swung to a loss in its fiscal first-quarter as restructuring expenses weighed on the retailer's bottom line and sales fell 20%. Its shares slumped as res…
As I look at the nazcrack 100, the only significant drags are GOOG -4% (eu anti-trust probe) and AAPL -1.8%. Even though AAPL is down less than 1/2 the %amount of GOOG, it has a 2X effect in the index because it has a 4X higher weight than GOOG..
In…
handset loss snowballed to record 304 billion won, margins plunged to negative 10%
http://www.reuters.com/article/idUSTRE69R0I620101028
The company swung to a record 185 billion won ($163.7 million)operating loss in July-September from a profit of 85…