Apple Inc. has delivered a wonderful quarter report on July 21 but forecasted fourth-quarter earnings of only $1.00 per share and revenue of $7.8 billion, compared with average Wall Street targets of $1.25 per share which is out of a range of $1.13 to $1.41 on $8.3 billion in revenue.
While Apple has a reputation for [...]

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US stocks finished sharply lower on Monday by continued fears of further trouble and writedowns at financial institutions. Worries about the economy and the troubled financial system overtook the cheers over the rescue plan for Fannie Mae and Freddie Mac.
Monday started off weak for financial issues as an IMF report predicting that continuing problems in [...]

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Last week the Dow was off 125.88 points or 1.1% to 11370.69. The S&P 500 was off 2.82 points for the week, just a 0.2% decline to 1257.76, and the Nasdaq was up 1.2 percent at 2310.53.
Crude oil finished the past week at $123.26, a level not seen since May. It has lost more than [...]

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