US News

In Washington, D.C., there is a cozy connection between business and government. Corporate donations of large sums of money to their politicians, parties and special interest groups of choice are legion. Since the donations are considerable in most cases, it makes one wonder exactly what the businesses are getting out of the deal. Obviously nothing […]

After any bear run in shares some folks always grab headlines by saying we have seen “The Death of Equities.”  Heck, you have lost your shirt it sounds believable. And so when major bond investor Bill Gross proclaimed the Death of Equities on August 1st he grabbed the headlines. Before you rush out to buy […]

I explained on Friday why the Manchester United (NYSE:MANU)  IPO was, at $14, a joke. I am asked what I think that the stock is worth? I am not sure that there is any terribly scientific answer to that as there are so many imponderables/unknowns, but since most are on the downside I would happy to […]

Whenever President Obama says Jobs you know bad news is on the way. He has spent hundreds of billions creating non Jobs while squeezing the private sector (which creates real jobs) ever harder. But the JOBS I refer to here is his JOBS act which allowed “emerging growth companies” to float in the US with […]

Supreme Court approves ObamaCare and stocks rise.  What impact will the uncertain Presidential election have on the market? Register for a free ADVFN account and gain access to real-time stock charts, streaming prices, information and data and follow ObamaCare’s and the 2012 Presidential race’s impact on the market. After the United States Supreme Court ruled […]

Mitt Romney is a Presidential candidate, and as such his finances are finally coming to the surface. As is the nature of some of those about to join the highest levels of the government, Mitt has been hiding huge amounts of money for a long time and finally has to admit it to the world. […]

Shares of Goldman Sachs (NYSE:GS) closed down 3.4% yesterday after a now former executive published a scathingly expository editorial in the New York Times. The London-based executive, Greg Smith, headed the firm’s United States equity derivatives department in EMEA and had been with the firm for 12 years, beginning as a summer intern. Smith asserted […]

Facebook (NASDAQ:FB) has filed for their S-1 documents with the Securities & Exchange Commission (SEC) on the 1st February, 2012, opening the door to the Initial Public Offering of stock in the wildly successful company. Founded only 8 years ago by Mark Zuckerberg, at that time a 19-year old Harvard student, the enterprise produced $3.7 billion in […]

BP (LSE:BP.) will have to shoulder compensatory damages claimed by third parties against its’ contractor, Transocean, in relation to the 2010 oil spill incident on the Gulf of Mexico. Judge Carl Barbier of the US District Court in New Orleans ruled yesterday in a 30-page document, that BP is to indemnify Transocean for their part […]

Independent oil exploration company Cove Energy (LSE:COV) has received bidding from BP for a possible takeover. Neither company has released any statements regarding the news. BP is the latest addition to the growing number of companies reported to be interested in acquiring Cove Energy since it opened itself up for a bid on 5 January […]