It is an interesting theory, but it may not be plausible. Some analysts think that GE (GE) will use a downgrade of its debt by S&P as cover for reducing ... Read Full Story »
European nations are sick of spending money to stimulate the economy. Or, more likely, they are running out of access to capital and simply don't want to admit it. At ... Read Full Story »
OPEC wants to keep cutting production and enforce production cuts is has already made so that none of its members try to dodge the cartel's limits to pick up a ... Read Full Story »
America’s car companies are still operating on the premise that the new car market will recover in a year or two. It may not rebound from its current annual run-rate ... Read Full Story »
The market rally over the last few days based its activity on just a few events, but the press and investors have grabbed them and are holding on for dear ... Read Full Story »
It’s been quite a week for Apple news and AAPL shares. Here are the key headlines aggregated from 24/7 Wall St. partner Apple Investor News: • The big news involved ... Read Full Story »
According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year. Reuters reports that Madoff pleaded guilty of 11 ... Read Full Story »
Markets in Asia were mostly higher. The Nikkei rose 5.2% to 7,569. The Hang Seng rose 3.9% to 12,473. The Shanghai Composite was off .2% to 2,129. Data from Reuters. Douglas A. ... Read Full Story »
MarkWest Energy Partners LP (NYSE: MWE) has just filed with the SEC to raise capital via the sale of securities. The company's filing is for sales of any combination for ... Read Full Story »
MGIC (MTG) Fitch puts company on negative watch list. Plunges to $.70 from 52-week high of $14.99. Pall Corporation (PLL) Profit falls 19%. Drops to $18.20 from 52-week high of ... Read Full Story »
This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows. The time frame is by the end of 2010, which is meant ... Read Full Story »
From 24/7 Wall St. partner AppleInvestorNews Just Announced: An Apple (AAPL) event in Cupertino next Tuesday will talk about the next generation of iPhone software. The Apple invitation to reporters formally ... Read Full Story »
Intel Corp. (NASDAQ: INTC) shares rose today after Broadpoint AmTech raised its rating to "Buy" from "Neutral." We normally would not make much of an issue on a single event ... Read Full Story »
SunPower Corporation (NASDAQ: SPWRA) has already taken a licking and its lowered guidance is not helping. Ditto for an analyst downgrade. JP Morgan dropped the stock from "Overweight" to its ... Read Full Story »
US refiners might be facing a squeeze on earnings if crude inventories continue to build and prices continue to drop for diesel fuel. Valero Energy Corp. (NYSE: VLO), Tesoro Corp. ... Read Full Story »