Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers and shareholders.…
Games-maker Electronic Arts Inc. (NASDAQ: ERTS) is getting a boost in share price today following a better-than-expected third fiscal quarter earnings report, and a buoyant outlook. That outlook depends on extending its reach as…
The extremely cold and snowy winter of 2010-2011 may be challenging the core case of global warming. The earth is warming, the greenhouse gases are rising, and the oceans are rising… Right? This is…
MEMC Electronic Materials Inc. (NYSE: WFR) is leading solar related shares higher after its earnings. The irony is that MEMC is perhaps one of the larger disappointments in the world of solar investing for…
Private employers added 187,000 jobs in January, according to the latest report on private-sector employment from Automatic Data Processing Inc. (NYSE: ADP). The number beat expectations of 145,000, but wary investors have so far…
Epocrates, Inc. (NASDAQ: EPOC) saw a strong debut so far on Wednesday after its IPO was given a premium price above the range. Yesterday’s range was put at $13 to $16 per share, but…
Recently, I violated the cardinal rule of Apple Inc. (NASDAQ:AAPL) iPhone ownership — I got mine wet. Worse, the “incident” occurred in the bathroom. Details will be spared, but suffice it to say I…
The month of December was not so hot for international air carriers. According to the International Air Transport Association (IATA), air traffic demand growth fell by -2.3% month-over-month, from 8.2% growth in November to…
Standard & Poor’s is at it again, with late debt rating cuts. This is actually in the Irish banking sector rather than in the sovereign ratings. As this is too little too late, we…
Level 3 Communications, Inc. (NASDAQ: LVLT) is not out of the woods when it comes to its earnings. The wholesale data packet carrier to large internet and telecom outfits tried to highlight the growth…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Acme Packet, Inc. (NASDAQ: APKT), Broadcom Corporation (NASDAQ: BRCM), Magic Software Enterprises Ltd. (NASDAQ:…
Updated throughout the day. China will raise rates again (NYT) Citigroup (NYSE: C) will try to sell EMI for $2 billion Douglas A. McIntyre
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Activision Blizzard, Inc. (NASDAQ: ATVI) Cut to Neutral at BofA/ML. Anadarko Petroleum Corp. (NYSE:…
Veteran banking analyst Richard Bove, a ubiquitous presence in the business press, insists that he hardly ever calls reporters except when he has “violent: disagreements with them. They call him so much, in fact,…
A famous Bain & Co research report issued in 2004 said the 70% of mergers fail to create shareholder value. A Southern Methodist University study of 193 mergers which happened between 1990 and 1997…