Arch Coal (NYSE:ACI) reported solid earnings for the third quarter today, but its share price has fallen more than 4% since the market opened this morning. Arch reported EPS of $0.68, compared with $0.19…
Thoratec Corporation (NASDAQ: THOR) is having a rough morning. The heart failure device company has a product recall it announced last Friday, and medical device recalls are not what the public likes to hear…
Some of the analyst upgrades in technology are just a reversal of an extreme negative bias to a cautious or neutral tone, but as you will see below there are a few standout calls. …
Will the last one out the door please turn out the lights? Apparently all of CH Energy Group’s (NYSE:CHG) employees are following that advice. The company reported EPS of $0.18 for the third quarter…
Boardwalk Pipeline Partners (NYSE:BWP) today announced 2008 third quarter net income of $73.6 million, up 84% from the third quarter of 2007. Nearly 40% of that increase was attributed to increased gas sales and…
If you have followed the old broken and then re-engaged private equity buyout of Huntsman Corporation (NYSE: HUN), then you might feel like you witnessed a "private equity meets the credit crunch and the…
This is one of the first rounds of the regional banks formally getting in line and formally receiving approval to participate in the $700 billion government TARP bailout package. Prior to this it had…
Verizon (VZ) is doing just fine, recession or no. Its earning moved up 31% in Q3. Whether it can keep that up is a matter of opinion but at least the phone company can…
These are ten of the top analyst upgrades and downgrades we have seen this Monday morning with about 2 hours to the the open: Everest Re (RE) to Outperform at Wachovia. Fortress Investment (FIG)…
Some investors have been so rattled by this market that they have taken their money and run. Even Treasuries are not safe enough. What if the US government defaults? Of course, Treasuries are a…
The "netbook: seemed like a remarkably stupid idea. It sits somewhere between small laptops and smartphones. It is not much good for anything beyond e-mail and web access. It looks like a cheap toy.…
Citigroup (C) is not going to make it, at least not an an independent company. The FT has reported that the head of Goldman Sachs (GS) called Citigroup CEO Vikram Pandit to discuss a…
According to Reuters, the Korean central bank made record rate cuts. Reuters reports that the G7 said the rising yen may be a threat to financial markets. Reuters writes that Hungary and the IMF…
Markets in Asia fell. The Nikkei dropped 6.4% to 7,163.Mitsubishi UFJ Financial fell on news it may need to raise money. Toyota (TM) also fell sharply. The Hang Seng fell 8.9% to 11,499. China…
Las Vegas odds are currently 10-to-1 in favor that the Federal Reserve will cut rates at its upcoming meeting. This was not going to happen. The Fed is never to act just before a…