The market needed Johnson & Johnson (JNJ) to come though with big numbers to show that the consumer goods and medical devices markets, which to a large extent depend on ... Read Full Story »
These are some of the top analyst upgrades we are seeing in early hours of pre-market trading this Tuesday morning:AON Corp. (AOC) Raised to Buy at Goldman SachsBank Of America ... Read Full Story »
The early wave of third quarter earnings stepped on a banana. Pepsi (PEP) numbers were awful and they cost a lot of people their jobs.Globally, approximately 3,300 positions will be ... Read Full Story »
Yahoo! (YHOO) needs the deal for Google (GOOG) to sell search advertising for the portal company more than Google needs it. The world's largest search firm may make a modest ... Read Full Story »
A lot of people believe that Merck (MRK) knew a lot more about the dangers of its arthritis drug Vioxx than the company ever let on. Heart problems were apparently ... Read Full Story »
Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number which is the average of all firms in the index ... Read Full Story »
One size fits all. That is the reasoning behind Treasury's plan to invest money in a number of large banks by purchasing preferred shares.Jamie Dimon of JP Morgan (JPM) and ... Read Full Story »
According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26 billion each. Merrill Lynch (MER) and Bank of America (BAC) ... Read Full Story »
Markets in Asia were up sharply. The Nikkei rose 14.3% to 9,456. Mitsubishi UFJ was up 14%. Toyota (TM) rose 15.5%. Honda (HMC) rose 17.8%.The Hang Seng moved up 4.4% ... Read Full Story »