CV Therapeutics, Inc. (NASDAQ: CVTX) is seeing a surge in its shares this morning. It looks like CV is the next biotech merger target now that Astellas Pharma Inc. submitted ... Read Full Story »
By John Tamny Real Clear Politics "Much of the secret of United States wealth lies in the fact that the inhabitants and firms of each state in the Union have ... Read Full Story »
Verizon (VZ) is just like any other big telecom company around the world. The death of the old home phone keeps holding it back as the firm's fourth quarter revenue ... Read Full Story »
These are some of the top analyst upgrades and positive research calls we have seen from Wall Street analysts with more than two hours until the market opens this Tuesday ... Read Full Story »
These are some of this Tuesday's top pre-market analyst downgrades and cautious research calls from Wall Street that we have seen with more than two hours until the opens:ADTRAN (ADTN) ... Read Full Story »
If you thought that the chemicals and materials sector was immune from the recession, guess again. This morning DJIA component DuPont (NYSE: DD) posted a loss for the Q4-2008 period. ... Read Full Story »
It seems impossible that a handful of companies could put nearly 80,000 people out of work in a day. Caterpillar (CAT), Pfizer (PFE), Texas Instruments (TXN), Sprint (S), and Home ... Read Full Story »
Sprint (S) is probably not a viable standalone company any more. It laid off 8,000 people yesterday and said it may outsource some of its work to cover for the ... Read Full Story »
There is a new trend that has emerged in this earnings season that will have an impact in 2009 and maybe beyond: a lack of earnings and/or revenue guidance. This ... Read Full Story »
There is a growing body of opinion that $825 billion plus the $350 billion left in TARP funds will not be enough to pull the economy out of what has ... Read Full Story »
Dow Chemical (DOW) was supposed to buy Rohm & Haas (ROH). Now, it may be the other way around. Dow can't close the deal and Rohm is suing to get ... Read Full Story »
Companies keep cutting dividends. Some are pressed for cash because of operating losses. Others are being constrained by higher debt service. Banks need to preserve capital.The problem is becoming big ... Read Full Story »
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations.Reuters writes that Geithner was confirmed to be Treasury Secretary.Reuters reports that people lost confidence in business globally ... Read Full Story »
The Nikkei rose 4.9% to 8,061.Markets in China were closed.At the open, The FTSE was down .3% to 3,196. The Dax was up .1% to 4,330. And the CAC 40 ... Read Full Story »
Texas Instruments Incorporated (NYSE: TXN) has posted its fourth quarter results of $0.08 EPS on revenue of $2.49 billion. There are items here in the numbers and the company is ... Read Full Story »