AT&T (T) announced its pricing plan for the Apple (AAPL) iPhone today. The plan is extremely confusing. That may make it harder to sell to the average customer, both for those who currently use…
As we’ve pointed out earlier, oil refining is not the business to be in these days. Refiners have been hit hard by skyrocketing crude oil prices because they are unable to pass along those…
A company called Energy Recovery, Inc. is set to come public via an initial public offering this week. If pricing does not occur tonight or in the wee hours of Wednesday morning then the…
Occidental Petroleum (NYSE:OXY) plans to spend $1.1 Billion on a natural gas processing plant and related pipelines. The company expects the enhanced oil recovery (EOR) program to increase it’s Permian Basin production by a…
CIT Group Inc. (NYSE: CIT) is going to be one of today’s winners in the financial services sectors. So it looks as of this morning. The company has sold two home lending units for…
These are some of the top analyst calls in oil and gas stocks we have seen in the early hours of trading this Tuesday morning. Citigroup picked up new coverage on many stocks today. …
These are some of the top analyst calls for the financial services group we have seen in the early hours of trading this Tuesday morning: American Express (NYSE: AXP) raised to Neutral at UBS.…
Hi commodity prices beget high stock prices of companies that deal in those commodities. At least speculation isn’t at play in the markets, after all the speculators even say they aren’t responsible. This notion…
We already saw the first projections yesterday from Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR). We also saw the resounding thud that the markets greeted the company’s with.…
Eli Broad, one of the richest men in the world, says the current economy is the worst he has seen in his lifetime, the worst since WWII. According to Bloomberg, he also says a…
If any company has the chance to take on the Apple (AAPL) iTunes/iPod franchise it is Nokia (NOK). It has started its own music store and recently signed up Warner Music (WMG). According to…
Starbucks (SBUX) hoped one of the ingredients of getting turned around was its new Pike Place Roast coffee. The java chain brought the new product to market because it tastes more like Maxwell House,…
It has been over a year since hedge fund Cerberus bought Chrysler and installed Home Depot (HD) pariah Robert Nardelli as the car company’s unlikely CEO. Cerberus coughed up $7.4 billion for the privilege…
According to Reuters, global companies may start to issue profit warnings as business slows overseas. Reuters reports that InBev is sticking to it offer to buy Anheuser-Bush (BUD). Reuters reports that Chrysler is shutting…
Markets in Asia were mixed The Nikkei fell .1% to 13,463. Canon fell 2.2% to 5340. Japan Tobacco rose 1.6% to 460000. The Hsng Seng rose .4% to 22,103. China Unicom (CHU) rose 3.7%…