These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Baidu.com (NASDAQ: BIDU) Raised to Overweight at HSBC. Charles River Labs (NYSE: CRL) Raised…
Sprint-Nextel (NASDAQ: S) may not have the Apple (NASDAQ: AAPL) iPhone but that has not impeded its recover. The wireless provider posted relatively good numbers for the period which ended on December 31. The…
Anyone who enters one of the 77 high-end supermarkets owned by Wegmans Food Markets Inc. throughout the Northeast or clicks on the website of the Rochester, NY-based company quickly learns that it has been…
The Independent Evaluation Office of the International Monetary Fund issued its report on the IMF’s actions as the credit crisis unfolded. It argued that the IMF could have done a better job. The report…
“Pay Czar” Kenneth Feinberg failed to reign-in Wall Street pay practices, according to a Congressional Oversight Panel report entitled “Executive Compensation Restrictions in the Troubled Asset Relief Program.” The panel did not mince words…
Short sellers moved into the shares of companies that Wall St. views as having weak earnings capacity and poor business strategies. Shares sold short in AMD (NYSE: AMD), which recently pushed out its CEO,…
Bernanke warned that sharp budget cuts could derail the recovery. (Reuters) The Hong Kong exchange said it was open to mergers after marriages began between North American and European exchanges. (Reuters) Facebook and Google…
The illicit trade in humans, drugs, organs, and nine other huge international criminal activities produces $650 billion in revenue per year. 24/7 Wall St. gathered data from from a Global Financial Integrity report entitled…
News Corporation (NASDAQ: NWS) managed to do something rather impressive considering the state of the media in the aftermath of the recession. Rupert Murdoch and friends raised close to $2.5 billion today via long-term…
House Appropriations Chairman Hal Rogers disclosed a partial list of 70 spending cuts that will be included in an upcoming Continuing Resolution bill. The CR legislation will fund the federal government for the seven…
John Chambers needed some redemption for Cisco Systems, Inc. (NASDAQ: CSCO) today. The company reported quarterly earnings of $0.37 EPS on $10.41 billion in revenues, while Thomson Reuters had estimates of $0.35 EPS and…
Allied Irish Banks plc (NYSE: AIB) and The Bank of Ireland (NYSE: IRE) are both suffering today. News is out that Ireland’s Finance Minister has postponed making more capital injections into several of Ireland’s…
Intel Corporation (NASDAQ: INTC) is not really making any strategy changes to its portfolio of public stock holdings under its Intel Capital unit. That does not mean that it is not worth looking under…
In a major reversal from a policy promoted in the early 1990s, the US Defense Department is now warning defense contractors to beware of mergers and acquisitions in the defense industry. The Pentagon actively…
The story on solar energy in 2011 is manufacturing capacity. Or, more accurately, over-capacity. The termination of incentives in Germany and Italy are expected to slow solar installations in those countries, and higher demand…