Last week, Intrepid Potash Inc. (NYSE: IPI) went from a hot IPO to a scorcher in the agriculture and fertilizer sector. That was after the price target and share offering ... Read Full Story »
AT&T (T) had a good quarter, powered by its wireless service. For the quarter ended March 31, 2008, AT&T’s revenues totaled $30.7 billion, up 6.1 percent versus reported results in ... Read Full Story »
Lehman Brothers has initiated major technology companies in new analyst coverage this morning. The broker has a mixed call in the sector. Overweight rated stocks are Apple, Inc. (NASDAQ: AAPL) ... Read Full Story »
McDonald's (MCD) had a blow-out quarter.Global comparable sales increased 7.4%, Revenue rose 6% to $5.615 billion. Operating income was up 24% to $1.463 billion.Earnings per share were $0.81, up 31% ... Read Full Story »
These are some of the top analyst calls that we are focusing on this Tuesday morning in pre-market trading hours:Alliance Data (NYSE: ADS) raised to Overweight at JPMorgan.Garmin Ltd. (NASDAQ: ... Read Full Story »
Markets in Europe were up modestly.The FTSE rose .3% to 6,069. Barclays (BCS) fell 4.1% to 458.75. RBS (RBS) fell 4% to 357.75.The DAXX was up .3% to 6,807. Deutsche ... Read Full Story »
Royal Bank of Scotland (RBS) will raise as much as $24 billion to bolster its capital position, a dubious record which US banks will not want to match anytime soon. ... Read Full Story »
The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks but made large bets against airlines and auto companies. With ... Read Full Story »
According to Reuters, earnings from Texas Instruments (TXN) disappointed investors and the company issued a weak forecast.Reuters report that RBS (RBS) will raise $24 billion to help the bank which ... Read Full Story »
The executive editor of The Wall Street Journal has resigned. Marcus Brauchli had been in his post about one year. The Wall Street Journal is owned by News Corp (NWS)Douglas ... Read Full Story »
Markets in Asia were mixedThe Nikkei fell 2% to 13,548. NIkon was off 3.8% to 2915 Nomura was down 3.9% to 1639.The Hang Seng was off .1% to 24,704. China ... Read Full Story »