Filed under: After the bell, Major movement, Earnings reports, Forecasts, Bad news, Recession, Financial Crisis This afternoon, Wynn Resorts (NASDAQ: WYNN) had its turn in the earnings lineup, and the company failed to meet analyst estimates for the quarter, and is being punished in after hours trad...

Filed under: Major movement, International markets, Bad news, China, Middle East, Market matters, Japan, Economic data, Oil, Housing, Recession, Financial Crisis Oil prices flirted with the psychological $40 barrier today after a report from the U.S. government showed that inventories swelled much m...

Filed under: Bad news, Products and services, Consumer experience, Competitive strategy, Ford Motor (F), General Motors (GM), Toyota Motor Corp. (TM), Oil It probably should come as no surprise, but June was a tough month for automakers, and all signs are pointing to more troubles out on the horizon...

Filed under: Major movement, Earnings reports, SEC filings, Bad news, Goldman Sachs Group (GS), Morgan Stanley (MS), Lehman Br Holdings (LEH) Morgan Stanley (NYSE: MS), the nation's second largest investment bank, posted its second quarter numbers today. As expected, the firm saw a hefty drop in qua...

Filed under: Good news, Consumer experience, Economic data, Housing, Recession The housing market can use all the good news it can get, and the latest news out of Southern California is definitely good, as home sales in the month of April reportedly jumped 22% in that part of the state. California h...

Filed under: Marketing and advertising One of the most brand recognizable names in the world of video games has to be Grand Theft Auto. With its most recent release, Grand Theft Auto 4, the video game maker Take-Two Interactive (NASDAQ: TTWO) is already dealing with controversy after the city of Chi...

Filed under: Major movement, Products and services, Consumer experience, Middle East, Politics, Commodities, Oil With the recent surge in oil prices, it should come as no surprise that we are getting hit hard at the gas pumps, and according to AAA, prices moved to a new record high last night of $3....

Filed under: Products and services, Consumer experience, Competitive strategy, eBay (EBAY), Marketing and advertising Last week I wrote a couple pieces on the current seller strike over at e-commerce giant eBay (NASDAQ: EBAY). The strike was supposed to last until today, but now it has been extended...

Filed under: International markets, SEC filings, Products and services, Management, Middle East, Oil, Headline news Dubai World, a state owned investment company, announced that it has increased its ownership in MGM Mirage (NYSE: MGM) to 6.5% by purchasing an additional five million shares of stock ...

Filed under: SEC filings, Deals, Press releases, Products and services, Management, Industry, Competitive strategy, General Electric (GE), Merrill Lynch (MER) General Electric (NYSE: GE) and Merrill Lynch (NYSE: MER) announced a deal Monday, which will result in GE picking up most of Merrill's comme...