Today, I was asked by CNBC to opine on the credibility over General Electric Co. (NYSE: GE) earnings reaction in the stock, but specifically about the dividend that is now ... Read Full Story »
Today's market looked more like an advanced yo-yo session rather than a regular stock market trading day. Since stocks gapped down so much, there were many new names on the ... Read Full Story »
According to MINOnline, advertising pages in major monthly magazines are down 20% for issues from the first two months of this year. One of the most popular weeklies, The Economist, ... Read Full Story »
Kinder Morgan Energy Partners L.P. (NYSE:KMP) reported earnings yesterday, and handily missed analysts expectations of $3.4 billion in revenue and earnings per limited partner unit of $0.53. Revenue for the ... Read Full Story »
Exelon Corporation (NYSE:EXC) rose nearly 1.5% yesterday after the company reported fourth quarter 2008 EPS of $1.07, up from $0.84 in 2007. Full-year revenue of $18.86 billion was almost $1 ... Read Full Story »
Schlumberger Limited (NYSE:SLB) reported a clear miss on quarterly and annual revenue and EPS estimates, but shares rose more than 6%. On top of that, the company expects 2009 to ... Read Full Story »
Satyam Computer Services Limited (NYSE: SAY) has become the Enron of India. The troubles over its book-cooking are widely known, and there is very little tangible data about the real ... Read Full Story »
Harley-Davidson, Inc. (NYSE: HOG) is looking about as ugly as you could expect. The motorcycle manufacturer posted dismal earnings, announced a factory mothballing, and announced layoffs. This doesn't just throw ... Read Full Story »
Citi initiates coverage on MasterCard (NYSE: MA) with a Sell and initiates coverage on Visa (NYSE: V) with a Hold, citing decelerating consumer spending due to the global recession.Citi analyst ... Read Full Story »
These are some of the top upgrades and positive research calls we have seen from Wall Street analysts this Friday morning:BB&T (BBT) Raised to Market Perform at KBW.Expeditors International (EXPD) ... Read Full Story »
These are some of the top downgrades and negative research calls we have seen from Wall Street analysts this Friday morning:AbitibiBowater (ABH) Cut to Underperform at Raymond James.Amcore Financial (AMFI) ... Read Full Story »
The market has been pushing down GE (GE) expectations for weeks. It has taken the stock to a multi-year low and left investors thinking that the big conglomerate would be ... Read Full Story »
The idea that Fiat would buy 35% of Chrysler at least made a modest amount of sense. It would give Fiat an outlet to sell its small cars in the ... Read Full Story »
Companies, even really big ones with hundreds of thousands of employees, can only fire so many people. At some point the core functions like accounting and marketing need enough personnel ... Read Full Story »
Data released from the U.K. shows the economy there has not been in as bad shape since Margaret Thatcher was Prime Minister showing the recession is biting there harder than ... Read Full Story »