Research-in-Motion (NASDAQ: RIMM) is reporting a critical outage for its Blackberry users this afternoon. Some outages in the past have affected some users, while others were system-wide. This outage is system-wide for enterprise clients…
American International Group (NYSE: AIG) Warns about more potentia write-offs and bad financial controls. Falls to $44.52 from 52-week high of $72.97. PNM Res (NYSE: PNM) Numbers miss Wall St. estimates. Drops to $13.31…
Forum Oilfield Technologies, Inc. has just filed to withdraw its IPO application. The reason: "due to market conditions." This was one we had previously noted that would have the NYSE ticker of "FOT" if…
Bank of America has release a study showing the levels of LBO write-downs that large banks and brokerages may have to take. The figures are based on a "the current series of the U.S.…
Plains GP Holdings, L.P. withdrew its IPO filing this morning, stating that the withdrawal it is “consistent with the public interest and the protection of investors.” Plains originally filed its IPO paperwork on August…
JWL Partners Acquisition Corp., a SPAC, or special purpose acquisition company, submitted an IPO filing on Friday. The filing shows $200 million proceeds targeted at $10.00 per unit, each unit will consist of one…
Discovery Laboratories Inc. (NASDAQ: DSCO) shares are up after a report that their drug Surfaxin, a respiratory distress syndrome treatment for premature infants, should gain FDA approval by May. In pre-market trading, the shares…
American International Group, Inc. (NYSE: AIG) is spooking the financial markets over what is once again another point of the markets not being able to price anything in. AIG in an SEC Filing this…
Darden Restaurants, Inc. (NYSE: DRI) is seeing shares surge Monday in early trading activity after the company gave an updated guidance to its quarter. While Darden expects its EPS growth to be adversely affected…
The US is Motorola’s (NYSE: MOT) handset stronghold. While the company does not do terribly well overseas, it has held a market share lead on it home turf. Nokia NYSE: NOK) has already said…
It’s been a while since we have seen any serious changes to the Dow Jones industrial Averages components, with 2004 being the last change and 1999 before that. This morning there are some announced…
As if banks and brokerages had not written off enough money for the subprime mistakes, the G7 experts think the figure could go as high as $400 billion. According to the FT "this is…
The Cheesecake Factory (NASDAQ: CAKE) is being added to Goldman Sachs CONVICTION BUY LIST. This call is reflecting a view of early cycle casual diners and a fundamental view on recent strategic changes. Goldman…
These are not the only analyst calls affecting stocks this morning, but these are the top calls that 247WallSt.com is focusing on: American Express (NYSE: AXP) downgraded to Market Perform from Outperform at KBW.…
Markets in Europe were down slightly at 6.45 AM New York time. The FTSE was off 4% to 5,760. BP (NYSE: BP) was up 1% to 552.5. GlaxoSmithKline (NYSE: GSK) was up 2.5% to…