From StreetInsider With shares of Google (Nasdaq: GOOG) in the tank, bullish Piper Jaffray analyst Gene Munster is pleading his case again to buy the stock. The main issue driving the downside in Google’s…
If you wanted help from the oil front, the help you have sought has come and may be a curse. Forget oil close to $150.00 per barrel and forget whatever T. Boone Pickens tells…
PepsiCo, Inc. (NYSE: PEP) issued a statement this morning noting that the company would reaffirm its core guidance at the Morgan Stanley Global Consumer and Retail Conference. Pepsi is reaffirming its previously announced full-year…
A number of bank analysts believe that the reason industry earnings will not improve next year is a sharp spike up in credit card defaults. In many cases, financial companies are faced with more…
Microsoft Corporation (NASDAQ: MSFT) has just filed a shelf registration statement with the SEC that will allow the company to sell debt instruments from time to time if it chooses. No terms were given,…
One oilfield services giant, Schlumberger (NYSE:SLB), and one large oilfield services and well manufacturing company, National Oilwell Varco (NYSE:NOV), have announced plans to form a joint venture focused on intelligent well-drilling. National will own…
The US Department of Transportation yesterday released its report on traffic volume for the month of September. Compared with 2007, miles driven fell by 4.4% during the month, and cumulative travel for 2008 dropped…
Weekly jobless claims just hit a new current recession high with a reading of 542,000 filing for unemployment. This is the highest reading since 1992. Last week’s numbers were revised down by 1,000 jobs…
Saudi Arabian investor Prince Alwaleed bin Talal bin Abdulaziz Al Saud is taking a very big risk, upping his investment in Citigroup (C). A sign he likes management? A copy of the letter from…
According to MarketWatch: "GMAC Financial Services, said Thursday it has applied to become a bank holding company to access emergency cash under the U.S. Treasury’s Capital Purchase Program. As a bank holding company, GMAC…
These are some of the top early bird analyst upgrades and downgrades we are seeing this Thursday morning: Cepheid (CPHD) Started as Buy at Needham. Charles Schwab (SCHW) Raised to Market Perform at FBR.…
After paying dearly for money from the likes of Warren Buffett, why would GE (GE) need more cash? It appears that the big conglomerate is looking, which may not be especially good news for…
Baidu.com, Inc. (NASDAQ: BIDU) looks like an analyst convention started on the steps to its corporate headquarters. The Chinese search giant did manage to score an upgrade, but it also took a downgrade and…
Covering any part of the positives in this market has been literally as rewarding as jumping in the bear cage with the bears at the zoo. We have been refraining from doing as many…
Rumors have surfaced again that Chrysler and GM (GM) may restart talks about a merger. For some time analysts and executives at the two companies have believed that a marriage would save $5 billion…