Ingram Micro Inc. (NYSE: IM) is seeing a valuation upgrade from Goldman Sachs this morning. It is being added to the Americas Buy List (after a neutral) after recent weakness is showing an opportunity…
Dell (DELL) is trying to pick which products it wants to give to retailers like Best Buy (BBY) and Wal-Mart (WMT) and which it wants to sell on the internet. Maybe it thinks it…
According to The New York Times, The Weather Channel is for sale by owner Landmark. The price is estimated to be about $5 billion. That number seems low. The cable operation has reaches more…
State Street Corporation (NYSE:STT) has announced that it will record a net after-tax charge in the fourth quarter of 2007 of $279 million, or $0.71 per share. The charge is to establish a reserve…
Markets in Europe were lower at 6.40 AM New York time. The FTSE was off .2% to 6,403. BP (BP) was up 2.2% to 630. Intercontinental Hotels was off 4.5% to 820. The DAXX…
A recent poll from Reuters showed that analysts believe that earnings growth rates will go negative in the fourth quarter. It is the first time that has happened since the poll was introduced in…
VeriFone Holdings Inc. (NYSE: PAY) saw shares crushed on the debut of 2008 as the company issued a year-end statement noting that its ongoing restatement process will cause a delay in its annual report. …
Netflix (NFLX) has put together a deal with LG Electronics to build a box which will allow consumers to download movies and play them on their TVs. It would seem like a clever idea…
Over the last year, shares in Toyota (TM) are down well over 20%. The fact that GM (GM) and Ford (F) have fallen makes sense. They are still losing market share in a shrinking…
The first Friday of every month is one of the key economic readings for the economy, and that comes in the form of the monthly unemployment report and non-farm payrolls creation. Tomorrow we will…
Legions of analysts said that oil would never touch $100. OPEC would lift supply. A slowing economy would cut demand in China and the US. Political problems in Nigeria, the Middle East, and Venezuela…
According to Reuters, manufacturing weakness in the US has raised new fears of recession. Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again. Reuters reports that US retail…
On tonight’s MAD MONEY on CNBC, Jim Cramer came out and wanted to give his BUY, SELL, or HOLD recommendations on his Top 9 Picks from 2007 now that we are into 2008. He…
On tonight’s MAD MONEY on CNBC, Jim Cramer kicked off 2008 by being somewhat cautious on the volatility in 2008. Cramer said he wants to Add gold to the portfolio with Barrick Gold (NYSE:…
Overstock.com, Inc. (NASDAQ:OSTK) has just announced that Jason Lindsey has resigned from the board of directors of Overstock.com and has resigned as the company’s president and chief operating officer effective December 31, 2007. Chairman…