According to Reuters, Ford (F) has given up on its plan to make a profit in 2009. Reuters reprots that Yahoo! (YHOO) nominated its board and delayed its annual meeting. Reuters writes that Merrill…
Markets in Asia were mixed. The Nikkei rose .2% to 14,012. Komatsu fell 3.3% to 3210. Docomo (DCM) rose 2.6% to 161000. The Hang Seng fell .7% to 24,861. China Mobile (CHL) fell 3.2%…
Yahoo Inc. (NASDAQ: YHOO) submitted and SEC filing today after the close that Edward Kozel resigned from the board of directors. This filing said he had originally intended to leave in February but decided…
After last night’s disclosure and confirmation that NRG Energy, Inc. (NYSE: NRG) had sent a buyout offering letter to Calpine Corporation (NYSE: CPN), we wanted to let the dust settle here before calling this…
Dick’s Sporting Goods (DKS) has weak profits. Share drop to $21.07 from 52-week high of $36.78. GE (GE) falls to $30.80 on general economic malaise. The company’s 52-week high is $42.15. Blue Coat Systems…
McDonald’s (MCD) is taking a risk, but it may be a clever one. The world’s largest fast food chain will absorb most of the rising prices of food commodities to keep prices which customers…
Prospects in the search arena look more troubling for Yahoo! (YHOO) and Microsoft (MSFT) as each month passes. According to comScore, in April, Google (GOOG) picked up 1.8% more of the US market to…
Evergreen Solar (ESLR) is trading up 20% to $10.86 on news that it signed $1 billion worth of contracts. The larger of the deals involved is with German-based Ralos Vertriebs GmbH and has a…
After over a year of saying it would make a profit in 2009, the new management at Ford (F) has given up the ghost. Once auto sales started to move down sharply the middle…
Goldman Sachs has issued a research report noting that Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are likely going to need to raise capital. The note projects that it believes…
Someone is not telling the truth about oil supply and demand. It appears to be the fellows over at OPEC. According to Bloomberg, Abdullah bin Hamad al-Attiyah, Qatar’s oil minister said The Organization of…
Suntech Power Holdings (NYSE: STP) has posted earnings ahead of expectations. The earnings were $0.35 EPS and revenues rose 76% to $434.5 million; First Call estimates were $0.28 and $378 million. The gross margin…
These are ten of the analyst calls we are focusing on this Thursday morning: Akamai Tech (NASDAQ: AKAM) cut to Sell at Goldman Sachs. American Electric Power (NYSE: AEP) Cut to Hold From Buy…
Some of the fat cats in the Senate think that the Sirius Satellite (SIRI) merger with XM Satellite might be OK if the combined company would give up a large portion of its spectrum.…
UBS (UBS) had to raise money. The sins of its subprime addiction have come back to haunt it. US bank shareholders should shudder when they look at the pricing that the Swiss bank had…