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[16 May 2012 | Comments Off | 20 views]

It is rare, but some new chief executives fail early — just after they begin their new jobs. That leaves boards with impossible decisions. How will the stock market react to the admission of a…

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[16 May 2012 | Comments Off | 14 views]

The European Automobile Manufacturers Association (ACEA) announced that April sales of cars and light trucks in the region were “6.9% less than in the same month of 2011.” That means only 1,017,912…

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[16 May 2012 | Comments Off | 17 views]

T-Mobile, the wireless operation of Deutsche Telekom, probably will never recover from a failed takeover bid by AT&T (NYSE: T). The FCC and the U.S. Department of Justice killed the deal, and all…

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[16 May 2012 | Comments Off | 9 views]

WTI crude reached a six month low, which is positive for nearly everyone other than the oil and gas industry. the price moved below $92, down from close to $110 less than 90 days ago. Part of the…

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[16 May 2012 | Comments Off | 11 views]

The number of shares Facebook will sell rose 25% and the company could raise as much as $16 billion. (Reuters) Greeks take hundreds of millions of dollars out of banks there and the government calls…