US News

Herbalife Ltd. (NYSE:HLF): The stock is in the freefall after the news of hedge fund manager Bill Ackman shorting it. Herbalife stock fell to $34.33 in the current trading session and currently is at $35.89, down 3.89 percent from its previous close of $37.34.

NYSE Euronext (NYSE:NYX), the parent company of the 200-year old New York Stock Exchange, is to be sold for US$8.2 billion worth of cash and stocks to a relatively new exchange firm. In a statement, the world’s largest stock exchange operator signed a definitive agreement to be acquired by a rival exchange group, 12-year-old InterContinental […]

US patent authorities rejected Apple’s Inc’s key “pinch-to-zoom” patent, the second piece of  bad news in the last two months for the iPhone maker in its battle against Samsung Electronics. The United States Patent and Trademark Office declared that the “pinch-to-zoom” patent, that helped Apple win $1.05 billion in damages against Samsung in a jury […]

They are just doing their job What do the rating agencies do? They rate the debt issued by a company or a government. After analysts’ recommendations, a committee of senior staff  formally decides a rating (Moody’s and Standard & Poor’s have recently downgraded the rating of France by one notch). Every prime minister or CEO […]

Ship Finance Limited (NYSE:SFL): This shipping company owns and operates offshore assets and vessels. Ship Finance Limited currently commands dividend yield of 9.52 percent. However, this is not the only point in the stock’s favor.

A mob of angry users filled the spaces of social media sites today in reaction to new terms of service and privacy policies published by Instagram, a photo sharing application owned by Facebook, giving the service rights to use its users’ information and contents as a means of generating revenue. In an unadultered form, I […]

Usana Health Sciences Inc. (NYSE:USNA): The company stock is currently trading at $38.61, up 0.99 percent from its previous close. It opened at $38.18 and has traded in the range of $38.02 and $38.69 in the current trading session.

Has anyone ever rated the credit rating agencies? The answer is simple: no. In 2011 the US Securities and Exchange Commission (SEC) published a long report with a generic downgrade of all the agencies, without naming them and asking for a further effort not to repeat the mistakes of the past.  A second report published […]

Clearwire Corporation (NASDAQ:CLWR): The company is all set to be acquired by Sprint Nextel and the stock plummeted down to $2.94. It is currently at $2.95, down 12.61 percent from its previous close of $3.37.

Having bounced back up from 35p to 170p shares in GMX traded joke valuation company US Oil & Gas (USOP) were starting to bubble. The USOPians (folks who chat amongst themselves on twitter and Bulletin Boards) were already discussing once again whether £15 or £200 a share was fair value. But then…. the shares started […]