According to Reuters, the government takeover of Fannie Mae (FNM) and Freddie Mac (FRE) will do little to help the mortgage market short-term. Reuters writes that Lehman (LEH) made a number of changes to…
Most markets in Asia rose. The Nikkei was up 3.4% to 12,625. Shares in Mitsubishi UFJ Financial and Mizuho Financial Group rose on US actions to save Fannie Mae and Freddie Mac. The Hang…
The common stocks in Fannie Mae (FNM) and Freddie Mac (FRE) will not go away under the government’s plan to take control of the companies The Federal Housing Finance Agency will act as conservator…
Boeing (BA) management had to define its success this year by avoiding a strike by its machinists. The executives have already failed at getting the company’s new flagship Dreamliner into production one time. In…
Ford (F) wants investors to think that there is profit in small cars. Since there is no money in SUVs and pick-ups, that is the company’s only option. Gas prices are probably not going…
The sky has fallen on Fannie Mae (FNM) and Freddie Mac (FRE). At least that is the rumor. True or not, shareholders are paying a price after hours. Fannie Mae is down 15%. Whether…
Nokia (NOK) Company says its market share will drop. Shares fall to $19.25 from 52-week high $42.22. Exelon (EXC) Weal guidance. Sells off to $65.40 from 52-week high of $92.13. Silver Standard Resources (SSRI)…
Goldman Sachs (GS) analyst William Tanona took the unusual step today of placing Merrill Lynch (MER) on the company’s so-called "Conviction Sell" list. What’s surprising is not that Tanona considers the embattled Wall Street…
RF Micro Devices, Inc. (NASDAQ: RFMD) is trying to dispute industry woes being seen at other mobile and communication chipset companies. This may sound important as its customers or its customers’ peers are starting…
The merger chatter this morning has Altria Group Inc. (NYSE: MO) looking at UST Inc. (NYSE: UST) in a deal valued at $10 Billion or higher. This could be a major score for Big…
SanDisk Corp. (NASDAQ: SNDK) is seeing a surge on reports that Samsung is considering a tie-up or other alternatives with the company to secure its flash memory supply. Samsung said it is considering various…
The jobs data isn’t getting better, and in fact is getting worse. The Labor Department has issued unemployment as being 6.1% in August, while consensus estimates were calling for a 0.1% increase to 5.8%.…
Nokia (NOK) made a number of odd statements today, the net effect of which was to drive the firm’s stock down 10%. For starters, it said its global market share in the third quarter…
These are some of the top upgrades or positive calls we are seeing from analysts this Friday morning: Home Depot (HD) Started as Outperform at FBR. Illumina (ILMN) Started as Overweight at Morgan Stanley.…
These are some of the top downgrades or cautious calls we are seeing from analysts this Friday morning: Affymetrix (AFFX) Started as Underweight at Morgan Stanley. Clean Energy (CLNE) Cut to Underperform at National…