ThinkstockCelsion Corp. (NASDAQ: CLSN) was one of the more recent biotech implosions we have monitored. The company’s situation looked dire, and still does on a static basis. Now comes news that the company is raising…
ThinkstockLate yesterday, Royal Dutch Shell PLC (NYSE: RDS-A) said that it plans to “reassess the development plan” for its joint venture with the U.K. division of Exxon Mobil Corp. (NYSE: XOM) for the Fram…
courtesy of Sprint Corp.The ongoing merger (or majority stake) saga at Sprint Nextel Corp. (NYSE: S) may finally be coming to a close. The analysts at Argus feel confident that the Softbank/Sprint merger has…
ThinkstockIt is not unusual to see biotech and biohealth companies raise cash after good news. After all, these companies either need to raise lots of cash from the market to fund their research and developments…
ThinkstockWithout going through all the changes in the top management of the world’s largest mining companies, there is one thing that stands about virtually all of these changes: putting more focus on investors and…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Alcatel-Lucent S.A. (NYSE: ALU) was given positive comments on its new CEO but the stock…
ThinkstockThe homebuilding stocks were battered this week when luxury builder Toll Brothers Inc. (NYSE: TOL) released lower-than-expected earnings despite reporting revenues that were up 32% from last year. Does this mean that the homebuilding…
thinkstockAbercrombie & Fitch Co. (NYSE: ANF) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the specialty retailer posted adjusted diluted earnings per share (EPS) of $2.21 on revenues…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) was down big on Thursday after its earnings report. When you consider how small the company is in the grand scheme of things, and when you consider…
ThinkstockThe assessment of Germany’s prospects, as measured by businesses there, took an unexpected jump just after the government announced the poor export numbers of late last year. Businesses must believe that something about their prospects…
ThinkstockThe European Commission suggests — in a late forecast compared to those of many other economists — that the eurozone economy will shrink in 2013, and the EU economy will tick up by only the…
ThinkstockThe Wall Street Journal has pulled together the wisdom of businesses, business trade groups and economists and come to conclusion that higher payroll taxes and gasoline prices have undercut the recovery in consumer spending.…
ThinkstockLast year, the number of union members in the U.S. fell by more than 400,000, or 2.7%. This decline was just a drop in the bucket compared to the long-term collapse of organized labor…
ThinkstockGermany finally came face-to-face with deficit- and austerity-crippled Europe. Its Federal Statistics Bureau (Destatis) confirmed that its gross domestic product (GDP) fell 0.6% in the fourth quarter. The agency added that exports were the…
courtesy of Google Inc.What does Google Inc. (NASDAQ: GOOG) hope to attain by launching its own touchscreen laptop — the Chromebook Pixel? Does it believe the new machine’s Chrome innovations will allow it to compete with…