By Gary Weiss:
Following Overstock.com’s (OSTK) legal wrangling is an exhausting business, which might explain why the Utah newspapers, bless their cowardly little hearts, don’t even try. So I hope I can be forgiven that I totally missed a significant development in the lawsuit filed against this twelfth-string retailer for consumer fraud.
According to papers filed  [ Read More ]

By Rocco Pendola:
As I noted back in May, Wedbush Securities’ analyst Michael Pachter has a pretty solid track record covering Netflix (NFLX). Today, Pachter downgraded the stock to “underperform” and slapped it with a $45 price target. A look at Pachter’s rationale for the downgrade proves ominous for Netflix.
Citing concern over subscriber losses, rising  [ Read More ]

By David Trainer:
The euro crisis is an excellent demonstration of how long insolvent organizations can perpetuate the poor capital allocation and spending decisions that created their insolvency. Predicting exactly when the euro finally breaks down is a challenge, to say the least.
However, investors should brace themselves and their portfolios for  [ Read More ]

By Benjamin Koellmann:
When a company’s stock loses a large amount of value in a relatively short time, investors should always ask whether this is a case of a broken stock or that of a broken company. If a company’s stock suffers a setback for temporary reasons but its business model remains strong and its competitive  [ Read More ]

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Top Economic Articles:
Groupon (GRPN), the online group deal site, recently began trading on the NYSE, Friday November 4, amidst much hype and anticipation. Its shares originally priced at $20, shot up 40% to $28 at the start of the trading day. Today, it trades at 25% below its IPO. So, is now the time  [ Read More ]