Deluxe Corporation (DLX) Drops 2008 outlook and pays the price. Falls to $14 from 52-week high of $40.86. United Microelectronics (UMC) Fails with weak results and analyst upgrade. Sells off to $2.53 from 52-week…
Just when you think that the newspaper business could not get any more depressing along comes a report that Advance Publications Inc. will sell the Newark Star-Ledger, New Jersey’s biggest circulation paper, unless 26…
We’ve just seen a filing for an initial public offering from First Wind Holdings Inc., which looks actually to be a holding company that owns class A and class B "Units" of First Wind…
We are seeing a substantial move in shares of Washington Mutual, Inc. (NYSE: WM). British Activist fund Toscafund Asset Management LLP has disclosed in an SEC Filing that it has accumulated a 6% stake…
Aventine Renewable Energy Holdings, Inc (NYSE: AVR) is set to report earnings after today’s close. First Call has estimates pegged at $0.13 EPS on $611.6 million in revenues. If it offers guidance, estimates are…
If we told you General Motors (NYSE: GM) was having troubles and needs to trim bad brands (and more workers), you’d accuse us of working for for the government’s Department of Redundancy Department. But…
So much for high gold prices translating to earnings. Barrick Gold Corp. (NYSE:ABX) and Goldcorp Inc. (NYSE:GG) both reported second quarter numbers before market open today, and both reports were on the weak side.…
Today’s "OFFICIAL" Gross Domestic Product (GDP), or GNP for those of us old school guys, is somehow managing to hang in there. Today’s official Q2 preliminary GDP from the Commerce Department came in at…
Exxon-Mobil (XOM) has proven once again that while the rest of the economy is in rags, big oil mints money. And, that is the way it should be. No one holding shares in the…
Another biotech giant is biting the dust via a buyout offer. ImClone Systems Inc. (NASDAQ: IMCL) has been given a buyout offer from Bristol-Myers (NYSE: BMY) at $60.00 per share. As per the filing:…
These are the early bird Downgrades and negative calls from analysts we are seeing this Thursday morning: Akamai (AKAM) Cut to Market Perform at FBR. Avon (AVP) Cut to Hold at Deutsche Bank. California…
GM (GM) has developed the pattern of matching bad news with more bad news. Since the company does still have some bright spots, it may want to balance its public relations act. Its relentlessly…
"You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time."–Abraham Lincoln…
Starbucks (SBUX) posted its first loss as a public company but gave investors something to hang on to. It reaffirmed that it will do better in fiscal 2009. To do that the company has…
T. Boone Pickens is a Whirling Dervish of a man. At 84, he spins from Congressional appearances to CNN and then stages his own town hall meetings on alternative energy. Pickens now makes more…