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The more data market-watchers have seen on the economy, the less they like what they've seen. Specifically, predictions on what the government might report as the rate of GDP growth in the second-quarter of 2012 have plummeted in the past few weeks, as ec

In Advance Of Q2 US GDP Release, Forecasting Economists Race To The Bottom

The more data market-watchers have seen on the U.S. economy, the less they like what they've seen. Specifically, predictions on what the government might report as the rate of GDP growth in the second-quarter of 2012 have plummeted in the past few weeks, as economists adjust their models to one disappointing data release after another.
Caterpillar Machines In Hammond, Ind.

Caterpillar Inc. (CAT) Q2 Profit Rises, Lifts 2012 Forecast

Caterpillar Inc. (NYSE: CAT), the largest maker of construction and mining equipment, reported a 67 percent jump in its second-quarter profit that topped analysts' estimates and boosted its full-year outlook as demand increased from North American builders and overseas miners.
No. 7: United Parcel Service

Investors Demand Strong Outlook, Guidance; Earnings 'Beats' Aren't Enough

U.S. companies have been finding it much easier to deliver earnings beats, or profits that are higher than expected, as analysts on Wall Street continue to trim their forecasts for earnings growth. However, they might have also come to realize that beating earnings expectations alone is not enough to help their stock prices.
Amy Winehouse

Will Amy Winehouse Biopic Ever Happen?

One surefire way to solidify Winehouse's legacy would be through an old-fashioned rock 'n' roll biopic -- Hollywood's time-honored method of immortalizing celebrated music figures with dramatized accounts of their lives and works.
Spain

Spain's Stock Market Drops To Lowest Level In Nearly 10 Yrs

Spain's stock market plunged Monday to its lowest level in nearly 10 years on growing doubts that the nation can avoid defaulting on its massive debts without an external rescue. The government also instituted a three-month ban on short-selling all securities.
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Spanish Bond Yields Climb To Another Record High

The Spanish government's costs hit a record high Monday -- their third consecutive record high in as many days -- as doubts about the country's fiscal stability mounted among international lenders.
Marissa Mayer, CEO of Yahoo (Nasdaq: YHOO)

Technology Focus: Hedging Bets In High Tech For Yahoo, AOL, HP

Internet users and investors were heartened last week when Yahoo (Nasdaq: YHOO), elected Marissa Mayer, 37, as its third CEO in less than a year. A hedge fund gets part of the credit but not all hedge funds score as well in the tech sector: how about Eastman Kodak (Pink: EKDKQ)?
Andraka

Young Science Prodigies Buck Greying Trend In Breakthroughs

In the past few decades, scientific breakthroughs are increasingly coming from older scientists. But young people still make astounding discoveries, and some institutions, including science fairs and the U.S. government, aim to encourage budding researchers to keep at it.
Maruti Suzuki

Maruti Suzuki Riot: Shutdown to Cost $15 Million a Day

With a manager dead, 90 employees in jail and an entire factory's workforce under investigation for murder, Maruti Suzuki faces a shutdown at a major auto plant that could last several weeks or more and cost it $15 million a day.
Xerox CEO Ursula Burns

Earnings Preview: Xerox 2Q Results To Decline

Chances are second-quarter results from Xerox Corp., the No. 1 copier maker that’s moved increasingly into services, will be a disappointment, keeping in line with the general technology sector.
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Ackman’s Words Boost Penney’s Stock

After activist investor Bill Ackman of Pershing Square Capital Management said he expects to make 15 to 20 times his investment in beleaguered Plano, Texas-based retail giant J.C. Penney Company, Inc. (NYSE:JCP), stock in the company hit a ten day high.

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