Shares of Mosaic Co. (NYSE: MOS) are surging pre-market after beating its earnings expectations. The company posted a record posted a record $520.8 million in net income, translating to $1.17 EPS from $2.15 Billion…
Fortis Merchant Banking has successfully closed syndication of a $280 million senior secured financing for Sherbino I Wind Farm LLC. This west-Texas wind farm is a joint venture owned by BP plc’s (NYSE: BP)…
Cisco Systems (NASDAQ: CSCO) was started as an Outperform rating this morning at FBR. The assigned target price was $31.00 per share. This follows the UBS downgrade from yesterday morning, which helped send Cisco…
Moody’s cut the credit rating of Countrywide (CFC) to "D" for default, over worries about liquidty. According to Reuters "The downgrade does not reflect Countrywide’s planned acquisition by Bank of America (BAC)." It does…
These are not the only analyst calls impacting stocks, but these are the top analyst calls that 247WallSt.com is focusing on this Friday in pre-market trading: Allegheny Tech (NYSE: ATI) cut to Neutral from…
A decade ago, when there were big problems in the financial markets a very small group of people came in for the fix. E. Gerald Corrigan, a man of massive girth and intellect, ran…
The beatings will continue until morale improves. Motorola (MOT) cut another 2,600 jobs bringing the total since the beginning of last year to 10,000. According to The Wall Street Journal "Motorola, which is struggling…
News Corp (NWS) is likely to miss revenue targets at its internet division, Fox Interactive. According to TechCruch, the company may be short as much as $100 million on its $1 billion forecast for…
Nike Inc. (NYSE: NKE) is one of the ubiquitous brands of today’s world. As long as it keeps doing what it is doing now and as long as it keeps its endorsements strong, it’s…
Now that AT&T (T) and Verizon Wireless have picked up oodles of spectrum at the FCC auctions, investors want to know what all that money went for. The answer is that both companies plan…
The management at Northwest (NWA) knows when it is in a pickle. Fuel prices are moving up and passenger traffic is likely slowing as the recession keeps people off airplanes. The only way to…
Vista, the new OS from Microsoft (MSFT) was supposed to be so good that every customer and business using Windows would want to upgrade as soon as possible. But, a number of critics of…
Microsoft (MSFT) and Yahoo! (YHOO) management met this week to discuss a possible merger. Redmond made it clear that it would not raise its bid, according to The Wall Street Journal. Everyone left the…
According to Reuters,US non-farm pay-rolls are likely to fall by 60,000. Reuters reports that Fed official are playingt down rate cut expectations. Reuters writes that the ex-ceo of UBS (UBS) wants to breakup the…
Many markets in Asia were closed for a holiday. The Nikkei was down.7% to 13,293. Honda (HMC) was down 5.2% to 2920. KDDI was up 3.1% to 664000. Docomo (DCM) was down 2.5% to…