It turns out that investors may have made a mistake by turning their noses up at the Dolan family's $30 per share offer for Cablevision. Citi cut the company's shares ... Read Full Story »
Citigroup (C-NYSE) announced the departure of Todd Thomson as Head of Global Wealth Management division to pursue other opportunities and he will be replaced by CFO Sallie Krawcheck once a ... Read Full Story »
(ALDN) Aladdin Knowledge $0.28 EPS before items versus $0.27 estimate; 2007 guidance looks a tad softon EPS but in-line on revenues.(AOS) A.O.Smith $0.62 EPS vs $0.50e; may have gains in ... Read Full Story »
ADCT cut to Neutral at Cowen & Co.AMGN reitr Outperform at Bear Stearns.AMSG cut to Neutral at Goldman Sachs.AMZN upgraded to buy from hold at Stifel Nicolaus; reitr neutral at ... Read Full Story »
Analysts who predict future price increases in Sirius Satellite Radio (SIRI) and XM Satellite (XMSR) come up with a "reason a week" that the firms will do better. Both stocks ... Read Full Story »
The short interest in HP (HPQ) for January rose over 5 million shares to 35 million. Concerns about CEO Mark Hurd's stock sales during the company's back-dating investigation or the ... Read Full Story »
Stocks: (BCS)(BP)(BAB)(BT)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SI)(SAP)(ALU)(AXA)(FTE)(V)Markets in Europe were higher at 5.55 AM New York time.The FTSE was up .5% to 5,266. Barclays was up .7% to 752. BP was up .9% to 548.5. ... Read Full Story »
Toyota (TM) has told the Financial Times that it is working on a series of processes to build cars at a much, much lower cost. The company is targeting the ... Read Full Story »
According to Reuters, Citigroup (C) will buy the ABN AMRO Mortagage Group which makes loans in the US.Reuters writes that Philips Electronics (PHG.AS) beat estimates when its announced its most ... Read Full Story »
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(DCM)(SNE)(TM)(CHL)(CHU)(CN)(PCW)(HBC)Markets in Asia were higherThe Nikkei rose .7% to 17,424. Bridgestone rose 1.9% to 2665. Canon rose .2% to 6450. Fuji Film rose .2% to 4730. Hitachi rose 3.5% ... Read Full Story »
From The Peridot CapitalistCritics of the Sears and Kmart turnarounds have long argued that if Sears Holdings (SHLD) Chairman Eddie Lampert ignored the retail business by cutting capital expenditures and ... Read Full Story »
From Ticker SenseSince oil’s initial decline last Summer, conspiracy theorists have been questioning the motives behind Goldman Sachs' move to lower the weightings of various energy components in its commodity ... Read Full Story »
From Ticker SenseThe tables below highlight the best and worst performing stocks in the Russell 3000 over the past 5 days, the past 3 months, and year to date. http://www.tickersense.typepad.com/ ... Read Full Story »
By William Trent, CFA of Stock Market BeatTI sees 2007 global cellphone unit sales up 20 pct | Technology | Technology | Reuters.co.ukGlobal sales of mobile phones are expected to ... Read Full Story »
By Yaser Anwar, CSC of Equity Investment IdeasIn this week's institutional newsletter I'd like to talk about: 1) Deciphering The Economy Through Bonds, 2) Fed & Earnings Focus and 3) ... Read Full Story »