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 »
Google's (GOOG) fourth quarter was better than expected. Revenue was up 18% and operating income rose 33%. The search company is starting to control costs better. The overall figures were ... Read Full Story »
In a relatively stable economy, quarterly earnings releases and public company forecasts can be useful guides to Wall St. Corporations can actually look out a three to six months and ... Read Full Story »
According to Reuters, Samsung had its first ever quarterly loss.Reuters reports that Pfizer (PFE) is in takeover talks with Wyeth (WYE), a deal that would be worth $60 billion.Reuters reports ... Read Full Story »
Markets in Asia were sharply lower.The Nikke fell 3.8% to 7,745.THe Hang Seng was of ..4% to 12,603.The Shanghia Compoite dropped .7% t0 1,991.In Europe, at the open, the FTSE ... Read Full Story »
We have perused many SEC filings over the years, but it seems that the flood gates are starting to open where regional banks and smaller banks are filing with the ... Read Full Story »
Advanced Micro Devices Inc. (NYSE: AMD) just posted earnings, or at least its results. It is as far from earnings as ever, and it is also seeing steep declines like ... Read Full Story »