Bear Stearns Co. (NYSE: BSC) is getting a temporary reprieve this morning. JPMorgan Chase (NYSE: JPM) and the New York Fed have provided liquidity financing for 28 days to the struggling brokerage firm. This…
This morning the market got a recovery boost on lower Consumer Price Index "CPI" numbers that measure inflation. The problem is that they are almost unbelievable. Even CNBC commentators noted these may all be…
Xcorporeal, Inc. (AMEX: XCR) is a potential undiscovered gem in microcap and low-priced stock investing, and it is in the arena of kidney dialysis. This week’s "INSIDE WALL STREET" segment in Business Week featured…
Below are the top 10 analyst calls we are focusing on this morning: Boeing (NYSE: BA) raised to Overweight at Morgan Stanley. Omniture (NASDAQ: OMTR) raised to Buy at Jefferies. PepsiAmericas (NYSE: PAS) raised…
One thing is very clear now. The plans for GM (NYSE: GM) and Ford (NYSE: F) to make money in North American in 2009 are dead as a door nail. Both stocks trade below…
AIG (NYSE: AIG) is asking regulators to change the way that assets are marked to market at financial companies. This system has caused tens of billions of dollars to be written off by banks,…
Some large companies, like Bristol-Myers (BMY), has already said that auction-rate securities on their balance sheets may have to be written down now that the market for this paper is illiquid. The Wall Street…
Video games had a great Febuary. MarketWatch writes "Sales of game software in North America reached nearly $669 million for the month, up 47% from the same period last year, according to data released…
Private equity firms and hedge funds often make what seem to rather odd investments. But the one thing you can count on is that they both want to make money, even if it is…
According to Reuters, regulators unveiled a plan to toughen rules for mortgage brokers. Reuters writes that Yahoo! (YHOO) and Microsoft (MSFT) have begiin informal discussion about the buy-out. Reuters reports that IACI (IACI) CEO…
Markets in Asia were mixed. The Nikkei fell 1.5% to 12,242. Sony (SNE) was off 2.3% to 4200. Toyota (TM) was off 3.1% to 5090. The Hang Seng roes .6% to 22,427. China Mobile…
Zumiez Inc. (NASDAQ: ZUMZ) saw shares rocket in after-hours trading after the company posted earnings. The apparel and equipment retailer for young adults in extreme sports )snowboarding etc.) posted earnings of $0.42 EPS on…
If you have read any of our commentary or probably most other commentary online, you know that newspapers are not exactly the next growth engine in the economy. In fact, they are probably losing…
Transition Therapeutics Inc. (NASDAQ: TTHI) is seeing shares surge in after-hours activity. It has signed a pact with Eli Lilly and Co. (NYSE: ELY) where Lilly will acquire exclusive rights to its Gastrin-based therapies…
After the close, there were several SEC Filings that showed insiders at Level 3 Communications Inc. (NASDAQ: LVLT) bought shares of the company. These buys may sound like a lot for the public, but…