The new Apple (AAPL) has plenty of challengers. Samsung has made the “Instinct” for Sprint (S). Early word is that it is selling well. T-Mobile will be the first cellular provider to come out…
Aside from bad mortgage-backs securities bets, a dying LBO business, auction rate securities, and deteriorating credit card debt, the banks and brokerages may be up against their largest challenge yet. They have to pay…
The National Funeral Directors Association must be sending “thank you” cards to Eli Lilly (LLY) and it partner Amylin (AMLN). Together, the companies developed and market diabetes drug Byetta. The firms had told the…
Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse. Shares sold short in Merrill Lynch (MER) fell 12.6 million to 42.3 million. Short interest in…
According to Reuters, the FDIC may have to borrow money from Treasury to see it though a wave of bank failures. Reuters reports that Lehman (LEH) has asked three investment firms to stay in…
Markets in Asia were mixed. The Nikkei fell .2% to 12,753. ANA fell .3% to 295. Canon fell 1% to 5040. The Hang Seng rose 1% to 21,260. China Life (LFC) rose 2% to…
Maybe things aren’t all that bad over at GT Solar International Inc. (NASDAQ: SOLR). The recently public company posted earnings after the close posted net income of $5.1 million and earnings of $0.03 on…
Nortel Networks (NT) Analyst downgrade hits shares. Falls to $5.51 from 52-week high of $19.50. Micron Technology (MU) Sell-off in sector. Drops to $4.21 from 52-week high of $12. NYSE Euronext (NYX) Concerns that…
We just got the full comments from the August 5 FOMC meeting. The FOMC sees continued downside to growth with a damped economy lasting several quarters. Members continue to believe that the next rate…
Not a living soul expected The New York Times Company (NYT) to turn in good July results for its core newspaper group. The conventional wisdom was right about that. But, internet revenue for the…
This week may be lightly attended by traders and investors, but Dell Inc. (NASDAQ: DELL) is set to report earnings on Thursday, August 28, 2008 after the close. We’ll get to see if Hewlett-Packard…
London-based Rio Tinto (NYSE:RTP) reported earnings for the first six months of 2008, and the numbers were very impressive. Net earnings reached $6.9 billion, up 113% from the first half of 2007. The company’s…
AMD (AMD) sold its TV chip business to Broadcom (BRCM). It was not much of a bone to throw AMD shareholders. The company is still over-leveraged and faced with potential debt service problems. The…
VSInvestor has several volume trading alerts today. Thornburg Mortgage (TMA), a highly risky mortgage company stock is up sharply. Several chip firms lead by Marvell Technology (MRVL) are down on negative brokerage reports. American…
These are some of the top analyst calls we are seeing this Tuesday morning: Comverge (COMV) started as Buy at Jefferies. Salesforce.com (CRM) Raised to Buy at Citigroup. Visa (V) started as Outperform at…