Yesterday we reported on "concerted hedge fund attacks" rumors involving Greece. Today, via Alphaville, it appears that the mysterious hedge fund cabal strikes again, this time in Spain, and, more relevantly, this time there are names associated. If indeed these are the actors set on setting the world ablaze, they are more than likely the same ones who are involved in Greece, Portugal, Dubai, and elsewhere. Presenting: Moore Capital, Brevan Howard and Paulson & Co... Oh and JP Morgan and, ahem, Goldman Sachs.[More...]

Apple (NASDAQ: AAPL) earned $3.67 per diluted share in the quarter that ended 26 December 2009, which was the first quarter of the company's fiscal 2010.  Earnings increased from a restated $2.50 per share in the first quarter of fiscal 2009.<img id="h_wn"[More...]

Markets often seem to trade quietly the Monday after a non-farm payrolls report, in part because of the usual lack of dataflow. And with many investors still recovering from Super Bowl partying, there was an additional reason for markets to trade quietly overnight. But US stocks closed broadly lower Monday, with the Dow Jones notching its first close below 10,000 since November 4, as financial stocks tumbled amid fears of global rate hikes, European sovereign debt defaults (with spivvy rumours doing the rounds that some European banks were not trading with Greek financial names in the REPO market), and future US banking regulations.[More...]

By this time tomorrow, we'll know if Baidu (BIDU) – the "Chinese Google" - beat the Street. More importantly, we'll know what the market thinks about it. BIDU reports quarterly earnings after the close today, and most analysts expect the company to beat Wall Street's $1.68-per-share estimate. They also have high hopes BIDU will raise guidance for the coming quarter.[More...]

BloggingStocks: Google (GOOG) is accustomed to being in the top spot. It leads search and virtually owns the online ad space. Its Google News portal is among the top sites for directing traffic to media outlets. But, the behemoth is starting to feel the feet from ... Read more