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In three states, regulators have started or widened investigations into insurers after a judge described MetLIfe Inc's (MET) marketing of asset accounts as "inherently deceptive." On Sept. 10, U.S. District Judge Larry Hicks in Reno, Nevada said that MetLife gave customers the misimpression that...
Faced with an estimated $7 billion shortfall in 2010, the United States Postal Service is contemplating radical cuts that would eliminate Saturday mail delivery and raise the cost of postage. But to really turn the USPS's problems around, it will either need to be directly funded by the government or it needs the freedom to set its own prices, policies, and hours.
The Shanghai Composite Index added 0.4%, ending the day at 3,237. In Japan, the Nikkei 225 Index fell 1.2%, to 10,855 and in Hong Kong the Hang Seng shed 0.9% to close at 21,460.
Google's Android is proving to be the first true competitor to Apple's iPhone in terms of bandwidth consumption and rich application use. If providers such as MetroPCS or Leap Wireless start offering Android-powered smartphones, it could be a big problem for some big players.
Contrary to earlier published reports, the hijacked U.S.-bound oil tanker Maran Centaurus is carrying about $140 million worth of Saudi crude -- not the $20 million previously claimed -- DailyFinance has learned. Reached in Greece Tuesday, a representative for Maran Tankers Management, the ship's...
Rolling Stone's Matt Taibbi argues in a new article, "Obama's Big Sellout," that President Obama's advisors are undermining his campaign promises for change by forcing him to do the bidding of Wall Street. Obama's most powerful advisors are reportedly under the sway of former Treasury Secretary...
With the unemployment rate at 10 percent and analysts predicting it will barely drop to 9.9 percent by the third quarter of 2010, Ben Bernanke would be committing political suicide if he raised rates now.
As 2009 draws to a close, higher unemployment and lower incomes are translating into a Christmas that will be even leaner than last year's. According to a recent CNN poll, 49% of consumers plan to spend less this holiday than they did in 2008. Another 39% say their spending will remain the same as...
In Asia Tuesday, shares closed lower. The Shanghai Composite Index lost 0.9%, closing at 3,274 and in Hong Kong, the Hang Seng Index was down 1.3% at 21,814. Japan's Nikkei 225 Index shed 0.2%, ending the day at 10,083.In China, declines were led by property developers as investors reacted to the...
No one bothered to tell Apple or its loyal customers that desktops were going the way eight-track tapes and rotary phones. Its computer sales surpassed estimates in October and November, thanks largely to the strength in desktops.

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.10-0.09
-1.04%
149.19M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.40%
94.27M
PBR
Petroleo Brasileiro S.A. (ADR)
29.60-2.39
-7.47%
23.82M
GE
General Electric Company
18.92-0.22
-1.12%
23.49M

% Gainers

CIE
Cobalt International Energy
32.67 +8.77
+36.69%
13.67M
LNKD
LinkedIn Corp.
88.72 +12.33
+16.14%
8.26M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.40%
94.27M
WNS
WNS (Holdings) Limited (ADR)
10.56 +1.16
+12.34%
2.64M

% Losers

KV-B
K-V Pharmaceutical Co. Class B
2.16-0.47
-17.87%
3,679
KV-A
K V Pharmaceutical Co. Class A
2.17-0.44
-16.86%
1.06M
NBG-A
National Bank of Greece SA (ADR)
5.71-1.04
-15.41%
79,114
OC-B
Owens Corning (Warrant) 'B'
2.27-0.38
-14.34%
12,194
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