Charles Prince got $26 million for his performance as CEO of Citigroup (C). Over the course of the year, Citi's stock did rise from $49 to $56.So far in 2007, ... Read Full Story »
This morning Vonage (VG-NYSE) has announced an Internet Telephone adaptor with a wireless router that is co-branded with Motorola (MOT-NYSE). This one may be the first product that can have ... Read Full Story »
Home Depot's stock is down about 7% since CEO Robert Nardellit left. The Dow is off less than 3% for the same period and Lowe's is down about 1%.When Nardellit ... Read Full Story »
Sirius (SIRI) hit another 52-week low this morning dropping to $3.25. The stock is now down $1 from its 2007 intraday high set on January 16, a drop of 23%.Douglas ... Read Full Story »
There is a new service for digital music called SLACKER that is taking aim at many music formats. They are treading right into the space of Apple's (AAPL) iTunes, Microsoft's ... Read Full Story »
(ABMD) Abiomed plans to sell 5 million shares in secondary.(ARXT) Adams Respiratory Therapeutics' NDA submission for prescription cough suppressant accepted by FDA.(ASTI) Ascent Solar Tech trading up 30% after Norsk ... Read Full Story »
AEOS raised to Positive at Susquehanna.AFFX raised to Outperform at Baird.AMED started as Buy at UBS.BKUNA raised to Hold at Stifel Nicolaus.BAK raised to Overweight at JPMorgan.CBOU started as Neutral ... Read Full Story »
GM needed to prove to Wall St. that its cost cuts were working. It did so in spades.The big auto company reported a fourth quarter profit of $950 million, after ... Read Full Story »
Holly Energy Partners (HEP) cut from Buy to Neutral.Time Warner Cable (TWC) started as Neutral; sets $1.10 EPS for this year and $1.50 EPS target for next year.Earnings estimates RAISED: ... Read Full Story »
AFFX raised to Outperform at Baird.AMED started as Buy at UBS.BKUNA raised to Hold at Stifel Nicolaus.BAK raised to Overweight at JPMorgan.CBOU started as Neutral at SunTrust Robinson Humphrey.CHKP raised ... Read Full Story »
Google's (GOOG) market share in search may be so large that no one will ever pass it. The second and third place players, Yahoo! (YHOO) and Microsoft (MSFT) would certainly ... Read Full Story »
Yahoo! Finance was the clear winner again in February with 13.6 million unique visitors and almost 600 million page views. That works out to 44 page views per unique visitor. ... Read Full Story »
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V)Markets in Europe were down sharply at 5.45 AM New York time.The FTSE is down 1.5% to 6,069. Barclays is down 3.1% to 684. BP is off 1.1% to ... Read Full Story »
Qualcomm (QCOM) raised its forecasts for the next quarter and the stock was one of the few large caps that rose yesterday during the market sell-off. The company said that ... Read Full Story »
Most money is running from the subprime market as fast as its can. Not so Goldman Sachs. The firm's CFO indicated that the low-end home loan market may represent a ... Read Full Story »