24/7 Wall St. interviewed Verizon (NYSE: VZ) CEO Ivan Seidenberg about the wireless and broadband industries. When asked about the concern among investors that wireless saturation rates and new cellular price plans are a…
A small company called Access Integrated Technologies, Inc. (NASDAQ: AIXD) made an announcement this morning that it received commitments from four major movie studios to provide movies to up to 10,000 digital cinemas in…
The Federal Reserve has just made an expansion of its securities lending program to add much more liquidity to the banking system, but the difference here is that this goes above and beyond the…
These are not the only analyst calls affecting shares this morning, but these are the first ones that 247WallSt.com is focusing on: Charter Communications (NASDAQ: CHTR) Cut to Neutral at Credit Suisse. Citrix Systems…
WellPoint (NYSE: WLP) lowered guidance last night and put 2008 EPS targets at a new range of $5.76 to $6.01 EPS from an original $6.41 estimates. It also put revenues at $62 Billion, yet…
ECB member Axel Weber say the central bank cannot cut rates further in the face of the rising inflation which will be caused by the high cost of oil. “The surge in oil prices…
American Air (NYSE: AMR) dropped 10% yesterday to and hit $10.20. The shares have not been at that level since 2004. American lost money three of the last five years. It had a small…
Google (NASDAQ:GOOG) launched a PC product loaded with its software and an operating system from open source Linux. The product was being sold in Wal-Mart (NYSE:WMT). Unfortunately, Wal-Mart customer seem to like Microsoft (NASDAQ:…
GE (NYSE: GE) will say once again that its entertainment business, NBC Universal, is not for sale. “Should we sell NBCU? The answer is no!” Mr. Immelt writes in a message for investors in…
Texas Instruments (NYSE: TXN) gave its mid-quarter forecast and no one liked it. The company projected slow growth and was especially gloomy about the sales of 3G chips. It said its largest customer was…
Mad dogs and Englishmen go out in the midday sun.The smallest Malay rabbit deplores this foolish habit.–Noel Coward. A group of economists say the US should miss out on a recession this year. This…
Stagflation would probably have to be measured differently in China than it is in the US. GDP in the big Asia company grows 10% a year. In the US, economists get excited by 3%…
According to Reuters, Goldman Sachs says the Fed may make an emergency rate cut. Reuters writes that Nokia (NOK) is likely to sell down now that information from chip company Texas Instruments (TXN) shows…
Markets in Asia were higher. The Nikkei rose 1% to 12,658. NTT (NTT) was off 2% to 432000. Sony (SNE) was up 2.5% to 4490. The Hang Seng rose .7% to 22,862. China Mobile…
On tonight’s Mad Money on CNBC, Jim Cramer said he’s officially going "cautious" and noted that you can’t just start recommending stocks in the current market. He noted that we haven’t even seen a…