Investment
  • Apple Offers Divident, Plans Stock Buyback

    By YINKA ADEGOKE, Reuters

    Apple offers cash dividend to investors; plans stock buyback.

  • Rare Earth Minerals: China’s Got ‘em, We Want More

    President Obama’s move last week to pursue a WTO case against China , whatever the merits of the U.S. argument, is at the least badly timed and is possibly a mistake altogether. We are all for an...

  • A New 700 Club: Banking on Another Apple Miracle

    By Suzanne McGee, The Fiscal Times

    Wall Street is calling it the “700 Club”– the group of buy-side analysts who have gone public in recent days with projections that Apple’s stock (which closed Friday at $585.57 a share) will soar to...

  • Ally Financial's Challenges: Stress Tests

    By SOYOUNG KIM and RICK ROTHAKER, Reuters

    In stress test results released this week, Ally Financial Inc fared by far the worst of 19 banks examined by the Federal Reserve, adding to questions about the ability of the former lending arm of...

  • Dollar Drops on Low Inflation Data

    By JULIE HAVIV, Reuters

    The dollar slumped broadly on Friday, halting a rally that had taken it to an 11-month high against the yen and a one-month peak versus the euro as tame U.S. inflation data prompted investors to...