American Water Works Co. Inc. (NYSE: AWK) has opened for trading. The first real open-print was $20.60 for some 6.62 million shares. Unfortunately, this is going to gear down some of the water expectations…
Jeff Immelt will get to explain the recent General Electric Co. (NYSE: GE) earnings SNAFU all over again today. Frankly, all we really care about at 247WallSt.com is what lies ahead rather than rehashing…
Ambac Financial Group Inc. (NYSE: ABK) saw yet another huge loss today, and as this is still key for system-wide "counterparty risk" concerns this is a drag on the market. On an operational basis,…
Shares of EMC Corp. are running up after earnings. The company’s net income of $268.8 million came to $0.13 EPS GAAP and $0.16 EPS non-GAAP while revenues were $3.47 Billion. First Call had estimates…
Level 3 Communications (NASDAQ: LVLT) is out with earnings, and the short sellers are getting out of the way. The company posted -$0.12 EPS on $1.09 Billion in revenues, while First Call estimates were…
Boeing Co. (NYSE: BA) posted a 38% profit gain of $1.2 billion on a 4% revenue gain to $16 Billion in Q1-2008, and its numbers come to $1.62 EPS. First Call had estimates of…
These are not all of the analyst calls, but these are ten of the calls affecting shares this Wednesday morning: Biovail (NYSE: BVF) cut to Sector Perform at CIBC. Cerner (NASDAQ: CERN) raised to…
Sony (SNE) has once again delayed the launch of its virtual PS3 application. It allows owners of the video console to play games together over broadband, chat, download games and the such. Microsoft’s Xbox…
The FDA says it needs $70 million to inspect all of the foreign facilities it needs to so it can screen for dangerous drugs or drug components. The amount does not seem like much,…
The Wall Street Journal thinks that things are getting better at Ford (F) and that management efforts can now be called a "turnaround". The paper points to improving earnings and cars which get better…
The food crisis got worse yesterday just as it seems to get worse as each week passes. CostCo (COST) is having to limit fulfilling huge orders for items like flour. According to Reuters "with…
Ebay (EBAY) has sued Craigslist for diluting its 28% interest in the classified ad website. The odd thing about the suit is that it does not disclose what Ebay paid for its interest nor…
Yahoo!’s (YHOO) Q1 earnings were not enough to prove the case that the company is making tremendous progress. That stock dropped slightly after the news. Microsoft (MSFT) has more ammunition to show that no…
According to Reuters, Yahoo! (YHOO) earnings met expectations. Microsoft (MSFT) indicated it would not raise its bid. Reuters writes that the price of corn and rice moved up sharply. Reuters reports that Tribune is…
Markets in Asia were mixed. The .2% to 13,579. NEC was up 2.7% to 482. Toyota (TM) was donw 1.7% to 5140. The Hang Seng was up 1% to 25,197. China Petroleum (SNP) was…