Pilgrim’s Pride (PPC) Company says it has liquidity issues. Sometimes that means Chapter 11. The stock drops to $3.26 from 52-week high of $35.98. Teradata Corp (TDC) is facing competition from Oracle (ORCL). It…
It appears that the IPO market has lost another IPO. Fluidigm Corp. was set to come public. We had it on the docket last week, then this week. Now it appears to be postponed…
Congress is nearly done pulling together terms for a $700 billion bailout of the nation’s banks. It will keep a hand on the purse strings. At first, Treasury will get $250 billion. After that…
If you were against airline mergers, you might be preaching to the deaf now. Northwest Airlines Corporation (NYSE: NWA) has voted in favor its merger with Delta Air Lines (NYSE: DAL). Delta has also…
There had been hopes that Hank Greenberg was going to come with his own plan to save American International Group (NYSE: AIG). That was removed yesterday after the company agreed to the government plan. …
This morning Plains Exploration (NYSE:PXP) announced the sale of its oil and gas properties in the Permian and Piceance Basins for $1.25 billion to Occidental Petroleum (NYSE:OXY). This sale highlights two of the main…
Anyone hoping for backdated economic data relief today may have to turn to their local weatherman for good news. There were dismal reports on new home sales, weekly jobless claims, and in durable goods. …
There have been more press releases out of the Oracle OpenWorld conference in San Francisco this week than you can count. But one from Oracle Corp. (NASDAQ: ORCL) is perhaps the most interesting. It…
Dell (DELL) is going to grow faster than the other global PC companies. Why? Because Michael Dell says so. That means HP (HPQ), the big Chinese PC companies, and perhaps Apple (AAPL) better take…
Many traders and short sellers have loved targeting solar power and other alternative energy stocks. Interestingly, bets against these companies have not risen dramatically even though many of them are under pressure from falling…
As you will see below, there were many key changes to short sales in oil stocks. Some of these would have been expected to have gone up because oil was so weak. But there…
Below are some of the top analyst calls we are seeing from Wall Street firms this Thursday morning: Biogen Idec (BIIB) Raised to Buy at Lazard. Cowen (COWN) Raised to Outperform at KBW. Mylan…
GE (GE) was one of the alleged last safe harbors in corporate America. The company said the credit issues facing the economy would not damage GE Financial. The conglomerate indicated that it could make…
GM (GM) is celebrating its 100th anniversary this year. Cake and candles. It has even introduced its new Volt electric car, which it says is the future of the company. In the midst of…
Hedge funds are concerned that the market as they know it may collapse. The Wall St. casino is closing. Risk can be taxed by total annihilation. The fun has gone out of becoming fabulous…