World Marketing News

Cramer: Abbott’s a Growth Stock

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Question-Everything/Ked Benson’s sobering infographic puts our current economic situation in perspective. All of a sudden 100 Billion doesn’t seem like much and Bernie Madoff looks like an angel in comparison (Wow, even the MPAA looks good in comparison!).
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Equity Traders Watching Oil

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The Credit CARD Act is good news for consumers and puts a stop to many of the more nefarious practices of the credit card issuers. But it doesn’t stop everything, and they are already finding new ways around it.
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Investors are pumping more and more money into web services that are heavily reliant on Facebook. So how big is the economy around the world’s most popular social network?
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The Transportation Department next month will begin having the option of fining airlines any time a flight departs more than 3 hours late. An indignant Continental Airlines CEO Jeff Smisek says his company will cancel flights altogether rather than risk such fines… Have a nice day and thank-you for not flying Continental.
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Owners of Toyota’s iconic Prius hybrid model who thought they’d escaped the rash of Toyota recalls need to think again. The company is working on a fix to reshape accelerator pedals so that they cannot be trapped by floor mats, and will issue details within weeks.
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The relationship between money and happiness is stronger for people paid hourly because they’re more often reminded of how much they earn, according to researchers at Stanford University and the University of Toronto. That lets workers more easily measure their value, which in turn increases happiness.
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Late last month, H&R Block (HRB) dropped a bomb on investors. The company slashed its outlook because of the slow start of the tax season. As a result, H&R Block’s stock price fell 13%. It looks as though Turbo Tax is taking its toll on the, ubiquitous, tax-preparing giant.
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Stock Wrap: The Real Story, March 9

View full post on TheStreet.com Video Player – Market Updates