The Institute for Supply management, or ISM, has released some awful data for the manufacturing sector. It noted that while the overall economy grew for the 83rd consecutive month, ... Read Full Story »
NYSE Euronext (NYSE: NYX) made an announcement that it has completed its acquisition of the American Stock Exchange. This deal has felt as though it has been on the books ... Read Full Story »
GameStop (NYSE: GME) has reached a deal to make another video game chain acquisition. It is in a definitive agreement to acquire Micromania. This chain is France's leading video game ... Read Full Story »
Farmer Mac, or Federal Agricultural Mortgage Corp. (NYSE: AGM), has been up against the ropes and reviewing its alternatives. Things have been so bad that at a $4.10 close, that ... Read Full Story »
UBS has decided to downgrades the hospital sector this morning. It seems that perhaps not all medical and healthcare stocks are immune from a rapidly weakening economy. We have seen ... Read Full Story »
These are some of the upgrades and positive analyst calls we are seeing this Wednesday morning:American Tower (AMT) Raised to Buy at Goldman Sachs.Energy Solutions (ES) Raised to Outperform at ... Read Full Story »
These are some of the downgrades and cautious analyst calls we are seeing this Wednesday morning:American Capital (ACAS) Cut To Underweight from Neutral By JP Morgan.Boston Scientific (BSX) Cut to ... Read Full Story »
Hope dies hard. A lot of Wall St. analysts still think that earnings from the S&P 500 companies will be up in aggregate in Q4 2008 compared with the same ... Read Full Story »
While the market was busy looking at all of those "For Sale" signs around most neighborhoods, it forgot that people also put three or four expensive cars in their driveways ... Read Full Story »
The rule about scandals was set a long time ago. A company or individual can create a scandal. Government rules and regulations are, by definition, scandal-proof. They are sanctioned by ... Read Full Story »
Detroit is getting its $25 billion in loan guarantees from the federal government. Ford (F), GM (GM), and Chrysler did not have access to enough capital to upgrade their plants ... Read Full Story »
According to Reuters, a Senate plan to vote on the bailout package pushed US markets up.Reuters reports that the FDIC would like to increase the value of the accounts it ... Read Full Story »
The Nikkei rose 1% to 11.368. Canon rose on expectations that the US economy may improve.Nomura was up 8% and Mitsubishi UFJ Financial over 3%.Markets in China were closed.Data from ... Read Full Story »