Update 5 p.m. December 15 — Research in Motion reported disappointing third-quarter results Thursday after the close of the stock market. Earnings plummeted 71% to $265 million, from $911 million one year ago, though much of …
Markets
Don’t Cry for Goldman Sachs, Despite ‘Bad’ Year and Partner Exits
Has Goldman Sachs lost its lustre? The Wall Street powerhouse is wrapping up its worst financial performance since 2008, with profits down more than 40% so far this year. As a result, end-of-year bonus payouts are sure to be …
How Flooding in Thailand Hurts Intel’s Sales
Intel, the world’s largest microchip maker, lowered its sales forecast by $1 billion due to a shortage of hard disk drives caused by the recent severe flooding in Thailand, the company said Monday. Thailand is one of the world’s …
Is Facebook Really Worth $100 Billion?
That’s the question many people are asking amid rising chatter that the booming social network plans to go public in 2012 and raise up to $10 billion in a deal that could value the company at more than $100 billion.
How the Lost Decade is a Boon for Your Portfolio
The lost decade has a silver lining: investors who accumulate shares during long market dry spells end up with twice as much money, new research shows.
Surprise! Warren Buffett Owns Tech Stocks
A week after disclosing that he had dived headlong into stocks dependent on a strong economy, Warren Buffett reveals he also bought 5.5% of the technology giant IBM. Cyclical and tech stocks are not usually high on Buffett’s wish …
Warren Buffett Is Buying. Is It Time to Celebrate?
It’s possible to over-analyze Warren Buffett’s investment moves. But that doesn’t seem to stop anyone, and the Oracle of Omaha’s latest disclosures are whipping up a stir over prospects for a robust recovery.
How to Retire in a Bear Market
A lot of folks in and near retirement are finding out the hard way what studies have long shown: Market declines are especially damaging in the years just before or after you quit work for good.
Bond Yield Hits Historic Low: 0%
The Treasury Department set at zero the fixed portion of the yield on Inflation bonds, guaranteeing that new buyers will never earn more than the rate of inflation for the 30-year life of their investment.
Dividend Stocks for Income? Not So Fast
The furious search for an income stream in this low-rate environment is leading many retirees down a deceivingly risky path, and it’s not working out all that well.
Struggling for Investment Answers? It Helps To Reframe The Question
Tom ran a public opinion survey a while back where some of the respondents were asked if they believed they could save 20% of their income. Only half said yes. But when the other respondents were asked if they thought they could …
Your Stock Fund Lost Money? Well, They All Did Last Quarter
We’ve all seen the sobering numbers on things like unemployment (9.1%), GDP (1.3%) and the national debt ($15 trillion). Now comes another reality check: Last quarter, not a single U.S. diversified stock fund made money. Not one.