Herzfeld Caribbean Basin Fund Inc. (NASDAQ: CUBA) has been "the go-to trade" for Americans that wanted to invest in the potential normalization of US-Cuba relations. Until today, that always seemed more of a mystical…
The OPEC ministers are talking lower oil supplies in the spring. Maybe they believe that global slowdown will cut demand. Or, perhaps they just like the profits from crude selling above $90. Rumors of…
MBIA (NYSE:MBI) has replaced it CEO with former Chairman and CEO Joseph "Jay" Brown, 59, who retired from the firm last May. Brown expressed some degree of confidence about the company’s prospects no matter…
There has been some speculation that Barry Diller might be able to keep control of IAC/Interactive (IACI) without fighting with majority shareholder Liberty Media, if he hands over his largest division, The Home Shopping…
These are not the only analyst calls today, but these are the top ten analyst calls that 247WallSt.com is looking at in early pre-market trading: Ahold (NYSE: AHO) raised to Overweight at JPMorgan. BankUnited…
Despite concerns to the contrary, Wal-Mart (NYSE: WMT) is still growing. It posted the first $100 billion quarter in its history. The world’s largest retailer said net sales for the fourth quarter of fiscal…
When tens of thousands of visitors make their way to China for the summer Olympics they may be greeted by a country heading into a deep recession. The Chinese government announced today that inflation…
The evidence comes in in pieces. One bit of bad news here and one there. Today, the FT reported that US banks had tapped the Fed’s Term Auction Facility for over $50 billion in…
Just last week Credit Suisse (NYSE:CS) was the cock of the walk. It had been so well-run that its write-downs for mortgage-back securities were small. Unlike other banks in the US and Europe, it…
Bill Gates says Microsoft (NASDAQ:MSFT) can do well in the search market if its offer for Yahoo! (NASDAQ:YHOO) does not work out. "We can afford to make big investments in the engineering and marketing…
"For want of a nail, the kingdom was lost." After a highly successful roll-out of its fiber-to-the-home broadband and TV product, Verizon (NYSE: VZ) has run into a snag. It cannot get enough set-top…
According to Reuters, Toshiba will drop its HD DVD format. Reuters reports that Blll Gates said Microsoft (MSFT) will target web search with or without Yahoo! (YHOO) Reuters writes that RIM (RIMM) has sued…
Markets in Asia rose The Nikkei was up .9% to 13.758. Honda (HMC) was up 3.7% to 3410. Sony (SNE) was up 2.2% to 5010. The Hang Seng rose 1.5% to 24,123. CNOOC was…
Most stocks trading under $10 probably traded much higher at one point or another. Trading below that price point is usually not a badge of honor. But, inexpensive stocks often make huge percentage moves,…
Microsoft (NASDAQ: MSFT) backed the wrong horse in the fight for high definition DVD disks and players. Redmond sided with Toshiba and its HD DVD platform and shipped the Xbox 360 with playback capacity…