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Apple Inc. will probably begin selling a lower-priced version of the iPhone in the first half of next year, tapping a new chipmaker for a key component, according to Friedman, Billings, Ramsey & Co. ...more
January 1, 2009
The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis, one that could shutter malls, hotels and storefronts nationwide. ...more
November 28, 2008
Shares of Walter Industries, which peaked at more than $111 in July, have plunged to around $19 because of a sharp decline in demand for steel-making coal. ...more
November 20, 2008
TAMPA Shares of Walter Industries, which peaked at more than $111 in July, have plunged to around $19 because of a sharp decline in demand for steel-making coal. The stock was recently downgraded by Friedman Billings Ramsey to "market perform" from "outperform." ...more
November 19, 2008
The reorganization of Morgan Stanley and Goldman Sachs marks a historic end to a period when investment banks drove Wall Street and leaves open what - if anything - will assume the role of taking big risks that have powered the market's booms and busts. ...more
September 23, 2008
Shares of mortgage finance companies Fannie Mae and Freddie Mac continued their plunge Wednesday as investors became increasingly convinced that the stocks will drop to zero if the government bails out the troubled companies. ...more
August 21, 2008
Fears that the government will be forced to rescue Fannie Mae and Freddie Mac could well become a self-fulfilling prophecy. ...more
July 11, 2008
Coal mining has never been more lucrative. The price of coal, a major ingredient in the production of electricity and steel, has doubled since January, pushing the stock prices and earnings of U.S. coal producers to new highs. ...more
June 5, 2008
Mortgage brokers who haven't fled the industry or been forced out are in survival mode. ...more
February 1, 2008
Tourism can be Pinellas County's main defense against a faltering economy, but the industry must remain alert to problems - including raising hotel prices too high - a consultant warned Wednesday. ...more
September 12, 2007
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