Standard & Poor's is at it again, with late debt rating cuts. This is actually in the Irish banking sector rather than in the sovereign ratings. As this is too ... Read Full Story »
Level 3 Communications, Inc. (NASDAQ: LVLT) is not out of the woods when it comes to its earnings. The wholesale data packet carrier to large internet and telecom outfits tried ... Read Full Story »
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Acme Packet, Inc. (NASDAQ: APKT), Broadcom Corporation (NASDAQ: BRCM), Magic ... Read Full Story »
Updated throughout the day. China will raise rates again (NYT) Citigroup (NYSE: C) will try to sell EMI for $2 billion Douglas A. McIntyre ... Read Full Story »
These are some of this Wednesday's top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Activision Blizzard, Inc. (NASDAQ: ATVI) Cut to Neutral at BofA/ML. ... Read Full Story »
Veteran banking analyst Richard Bove, a ubiquitous presence in the business press, insists that he hardly ever calls reporters except when he has "violent: disagreements with them. They call him ... Read Full Story »
A famous Bain & Co research report issued in 2004 said the 70% of mergers fail to create shareholder value. A Southern Methodist University study of 193 mergers which happened ... Read Full Story »
America's core infrastructure is falling apart. Roads are sinking, bridges have collapsed, dams are old, power plants and the power grid are substandard, rail systems are ancient, the levees are ... Read Full Story »
Egyptian President Hosni Mubarak will be gone in a few days, or in a few months if he has his way. Economists warn that capital is fleeing the country, that ... Read Full Story »
The storms in the US and Northern Europe and Australian flooding could combine to fuel an already rapid move up in global inflation. Tropical Cyclone Yasi has strengthened to a ... Read Full Story »
BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters) Roche said that regulations in the US could harms its results. (Reuters) Borders Group (NYSE: BGP) ... Read Full Story »
Broadcom Corporation (NASDAQ: BRCM) has come out with its fourth quarter earnings. It has also hiked its dividend and accelerated its share buyback plan. The maker of communications chips reported ... Read Full Story »
US domestic vehicle sales reached a a 27-year low in 2009 when only 10.4 million units were sold. The figure for 2005 was 16.94 million, a period of unusual prosperity. ... Read Full Story »
Blame it in part on the weather. The major gain in same-store sales that has been seen in recent months may be coming to an end. There were several factors ... Read Full Story »
The land rush to acquire and develop shale gas deposits remains as competitive as ever. But the way that the gas is extracted threatens to put a crimp in development ... Read Full Story »