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Poor quality of Wells Fargo service angers bank analyst

Top Finance News - Tue, 07/24/2012 - 6:25pm
Wells Fargo & Co ticked off the wrong customer. Veteran bank analyst Dick Bove, normally a strong defender of big banks, lashed out on Tuesday against the No. 4 U.S. bank for the poor service it provided ...

Apple Earnings Miss, Outlook Disappoints

Top Finance News - Tue, 07/24/2012 - 5:15pm
The technology giant, known for beating on earnings, delivered a huge earnings miss and its outlook for the current quarter disappointed.

Housing Bear Calls Bottom for Housing Market

Top Finance News - Tue, 07/24/2012 - 5:15pm
Every week, it seems somebody else is calling a "bottom" in the housing market, and on Tuesday, Zillow joined the crowd.

Fed Sees Action if Growth Doesn't Pick Up Soon: WSJ

Top Finance News - Tue, 07/24/2012 - 5:15pm
Federal Reserve officials, impatient with the economy's sluggish growth and high unemployment, are moving closer to taking new steps to spur activity and hiring.

Airline Bid to Block Consumer Protections Rejected

Top Finance News - Tue, 07/24/2012 - 5:15pm
The government can require airlines to show consumers a total ticket price that includes taxes and fees in print and online ads, the U.S. Court of Appeals said Tuesday.

Wall Street Hit by Europe Woes

Top Finance News - Tue, 07/24/2012 - 3:25pm
Wall Street dropped as concerns over Spain and Greece weighed on the market and a round of disappointing profit outlooks highlighted the effect of the euro zone debt crisis on corporate earnings.

News Corp. Stock Well Above Lows as Hacking Scandal Continues to Unfold

Top Finance News - Tue, 07/24/2012 - 3:25pm
News Corp. stock is slipping slightly on low volume following the announcement that criminal charges have been brought against eight key figures in the phone hacking scandal.

Will Facebook Fail Twice in Two Months?

Top Finance News - Tue, 07/24/2012 - 2:15pm
After presiding over the worst, big IPO in U.S. history just two months ago, Facebook is about to get a chance to make a timely redemption.

Time to Harvest Profits in Corn: Ilczyszyn

Top Finance News - Tue, 07/24/2012 - 2:15pm
Farming is always a tough business, but this year it seems almost cursed.

Home Prices: Bottom or Bubble?

Top Finance News - Tue, 07/24/2012 - 2:15pm
Home prices rose according to the online real estate firm Zillow, a mere 0.2 percent in the second quarter of this year annually for the first time since 2007.

Tons of Trucking Jobs ... That Nobody Wants

Top Finance News - Tue, 07/24/2012 - 2:15pm
There are as many as 200,000 job openings nationwide for long haul truckers. But these positions are difficult to fill, and even harder to keep filled.

How Much is Riding on Apple Earnings? A Lot.

Top Finance News - Tue, 07/24/2012 - 12:50pm
Given the fragile state of the overall market, Apple's earnings and outlook are likely to be important for far more than just Apple and the tech sector.

Romney to Fundraise with London Bankers Implicated in LIBOR Scandal

Top Finance News - Tue, 07/24/2012 - 12:50pm
While in London, the former Massachusetts Governor is scheduled to attend two campaign fundraisers for U.S. expats hosted by bankers and lobbyists embroiled in the LIBOR-gate scandal.

Forget Love, This Is 'The Summer of Hate'

Top Finance News - Tue, 07/24/2012 - 12:50pm
"We've just had 10 straight weeks of more bears than bulls," says Ryan Detrick, senior technical strategist at Schaeffer's Investment Research. "It's very rare to have that much hate for that long."

Dish Cash Hoard Signals Wireless Possibility

Top Finance News - Tue, 07/24/2012 - 12:50pm
Dish Network has amassed a record amount of cash through bond sales as the second-largest U.S. satellite-television provider seeks to expand into the wireless business.

Stocks Drop for Third Day on Lower Earnings

Top Finance News - Tue, 07/24/2012 - 12:50pm
Stocks are sliding on Wall Street following weak earnings from United Parcel Service and other major U.S. companies, pushing the Dow down more than 100 points.

Is Water the New Gold?

Top Finance News - Tue, 07/24/2012 - 10:10am
In 2010 global water generated over a half trillion dollars of revenue. Global world population will explode from 7 billion today to 10 billion by 2050.

In Silicon Valley, Patents Go on Trial

Top Finance News - Tue, 07/24/2012 - 9:25am
Whether Samsung got to the top legally or, as Apple claims, cheated its way there by ripping off the designs behind Apple's iPhone and iPad, is a question that jurors will decide.

Eminent Domain: Can It Fix the Housing Market?

Top Finance News - Tue, 07/24/2012 - 9:25am
Steven Gluckstern, chairman of San Francisco-based Mortgage Resolution Partners,wants municipalities to seize troubled mortgages in the name of eminent domain.

Apple Earnings Will Be Phenomenal, But What’s Next?

Top Finance News - Tue, 07/24/2012 - 9:25am
The worlds largest company by market cap is expected to report $10.35 per share on $37.2 billion in sales but the real news, as always, will center around what they have in the pipeline for the balance of the year.

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