Alcoa (AA) kicked off the earnings season and was rewarded with shares trading up over 3% after hours.Revenues for 2007 were $30.7 billion, compared to $30.4 billion in 2006. Annual ... Read Full Story »
Qwest (Q) Concerns on telecom growth after AT&T (T) discloses slowing business. Drops to $5.46 from 52-week high of $10.45.Yahoo! (YHOO) Online ad revenue could be slowing. Falls to $21.37 ... Read Full Story »
Fox Business Network (NWS) posted embarrassing numbers when Nielsen reported the channel had only 6,300 viewers at any given time on weekdays. For a two month period beginning October 15, ... Read Full Story »
There has been a good deal of debate over whether WSJ.com, now a paid subscription website, will become free to all visitors. The nearly $80 million in subscription revenue would ... Read Full Story »
Based on numbers from comScore, AOL Money, part of Time Warner (TWX) moved ahead of Yahoo! (YHOO) Finance in both unique visitors and total visits.AOL Money had 13.466 million unique ... Read Full Story »
Mr. Clegg,As a member of the AMD (AMD) board, you know how deeply disappointed the market is with the performance of the company's CEO Hector Ruiz. AMD shares hit another ... Read Full Story »
Perhaps it was the figures out of Hitwise showing that Yahoo! (YHOO) is still losing search market share to Google (GOOG). Or, maybe fears that a recession will undercut internet ... Read Full Story »
From Silicon Alley Insidere*Trade is finally starting to relate its desperate salvage efforts in more detail--and some of its actions sound positive. Unfortunately, the firm's PR team still hasn't stopped ... Read Full Story »
MBIA (MBIA) will cut its divdend to $.13 from $.34 and go to the capital markets for cash.As part of its plan to raise capital to meet or exceed the ... Read Full Story »
These are not the only key analyst calls coming out of Wall Street analysts today, but these are the key calls that 247WallSt.com is focusing on in pre-market hours:AU Optronics ... Read Full Story »
Apple Inc. (NASDAQ: AAPL) hasn't gotten off to a good 2008 as a stock. Shares closed at $198.08 to close out 2007 and shares very briefly traded north of $200.00 ... Read Full Story »
Alcoa, Inc. (NYSE: AA) is set to report earnings today. First Call has estimates at $0.33 EPS on $6.92 Billion in revenues. Next quarter's estimates are $0.60 EPS on $7.03 ... Read Full Story »
According to the Countrywide (CFC) "Our fourth quarter ended with a number of positive operational trends," said David Sambol, President and Chief Operating Officer. "Total loan fundings were $24 billion ... Read Full Story »
Most of the news about private equity operations has been bad. Tight credit markets. Broken deals. Buy-outs closed but in trouble because of large debt loads.Silver Lake, one of the ... Read Full Story »
Market in Europe were down at 6.20 AM New York time.The FTSE was off 1% to 6,295. Barclays (BCS) was down 3% to 458.75. BP (BP) was down 4.2% to ... Read Full Story »