The media has been full of news about how heavily retailers will have to cut store locations next year. Three weeks ago, 24/7 Wall St. ran an analysis of the ... Read Full Story »
Dow Chemical (DOW) Deal with Kuwait is dead. Falls to $14.93 from 52-week high of $43.43.Martha Stewart Living (MSO) No special news. Media stocks just keep falling. Drops to $2.55 ... Read Full Story »
Kirk Kerkorian used to be considered "smart money". He wears a dunce hat now that Ford (F) is back near $2. According to Reuters his investment firm, Tracinda Corp., has ... Read Full Story »
In late 2005, China began to fill its strategic petroleum reserve of 102 million barrels. It has added to the reserve on and off ever since, sometimes buying the oil ... Read Full Story »
Piedmont Natural Gas Company (NYSE:PNY) this morning reported results for its 2008 fiscal year, which ended on October 31st. The company reported EPS of $1.49 on earnings of $110 million, ... Read Full Story »
SCANA Corporation (NYSE:SCG), a producer and marketer of electricity, will be added to the Standard & Poor's 500 Index after the market closes on December 31st. To celebrate the ... Read Full Story »
A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth quarter of declining earnings. According to the news service, "Fourth-quarter ... Read Full Story »
Billionaire Mark Cuban disclosed a 9.4%, or 1,200,000 share, stake in Carmike Cinemas, Inc. (Nasdaq: CKEC). Cuban did not hold a prior stake in the company.Curban disclosed that he paid ... Read Full Story »
Nothing could really stop the falling price of oil as it slumped from $147 last summer to well under $40. The recession caused too big a drop in demand. OPEC ... Read Full Story »
John Tamny RealClearMarketsAs the year 1970 drew to a close, some of President Richard Nixon's top economic advisors were frantically searching for ways to grow the economy ahead of the ... Read Full Story »
Charter Communications (CHTR) was downgraded to "sell" at Citigroup.Honeywell (HON) was downgraded to "hold" at Argus.American Eagle (AEO) was startes as "buy" by Pali. (more...) ... Read Full Story »
At some point all stocks get too cheap. Enron go too cheap. So did Fannie Mae (FNM) and Freddie Mac (FRE).The next round of company shares that appear to be ... Read Full Story »
So far there are very few analyst calls seen, but that may be the norm for this week. Here are today's early bird analyst callls:Standard Pacific (SPF) Raised to Buy ... Read Full Story »
Sir Howard Stringer's appointment in 2005 as Sony's CEO was meant help turn the company into what it used to be--Apple (AAPL) based in Tokyo and not Cupertino. With products ... Read Full Story »
It is easy to look at Kuwait's abandonment of a deal with Dow Chemical (DOW) as a simple economic decision on the part of the small Arab country. But, the ... Read Full Story »