Herb Greenberg is the editor of Herb Greenberg's Reality Check, a subscription newsletter designed to help investors better manage risk. He writes a daily blog for TheStreet's main free website and contributes to its Real Money's "Columnist Conversation" column as well as being a regular contributor for CNBC.
Greenberg has been a financial journalist for more than 30 years, working most recently as a senior stocks commentator on CNBC's Business Day programming and on CNBC.com. He was also co-president of Greenberg Meritz Research & Analytics. He is a former weekend investor columnist for The Wall Street Journal and a former senior columnist for MartketWatch.
Prior to joining MarketWatch, Greenberg was senior columnist for TheStreet.com. He previously spent 10 years as the "Business Insider" columnist for the San Francisco Chronicle and nearly seven years as Fortune magazine's monthly "Against the Grain" columnist.
He also was the New York financial correspondent for the Chicago Tribune and a financial reporter in its Chicago newsroom. Greenberg has held various positions at other media outlets including Crain's Chicago Business and the St. Paul Pioneer Press.
Greenberg holds a bachelor's degree in journalism from the University of Miami.
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When I first heard the news that Hewlett Packard was about to warn that coming quarters wouldn’t be what Wall Street expected, I thought: New CEO. Big Warning. Something smells. My interpretation of the stench: That in a backhanded way, CEO Leo Apotheker is saying that his predecessor Mark Hurd had run the company for the short-term to please Wall Street, not to create a business.
Nasdaq put out a press release today (Friday) noting that on Monday Tao Li, chairman of a Chinese wireless company called Kingtone Wirlessinfo Solution, will be ringing the opening bell. A few things caught my attention.
Northern Oil and Gas had been a hot play on the Bakken shale, but its stock has plummeted nearly 40 percent over the past six weeks in the wake after a number of controversial reports. Even with Northern Oil's stock stumble, shorts (and there are a lot of them, with nearly half its outstanding shares sold short) think it can go lower.