Updated throughout the day Astellas Pharma may have competing bids in it effort to takeover OSI Pharmaceuticals (NYT) The FDIC will sell $1.8 billion of guaranteed asset-backed debt (IFR). Diageo could bid as much as 624…
These are ten of the top analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Tuesday morning: AOL Inc. (NYSE: AOL) Started as Hold at Jefferies. AT&T Inc. (NYSE:…
The internet has become a more popular way to get news than the newspaper. The is the conclusion of a new Pew study. Local TV news remains in first place. In rank order, people…
E-reader marketers like Amazon (AMZN) and Barnes & Noble (BKS) have caught a break just before Apple comes to market with its iPad table computer. The iPad, with its 10.1″ screen, touchpad operation, and powerful…
Iowa opened its “cash for appliances” program yesterday and the $2.8 million that the state had set aside to fund it was gone by mid-afternoon. All on the first day. The state announced “…all…
Car recalls have become an epidemic with the sickest patient being Toyota (TM), which has recalled 8.5 million cars this year. GM, one of the car companies with a chance to benefit from the woes…
Reuters: GM will recall 1.3 million cars for steering problems. Reuters: China would like one price for iron ore to cut commodity speculation. Reuters: Two software services will help telcos as they offer alternatives…
Markets in Asia were mixed. The Nikkei rose .5% to 10,222. The Hang Seng was down .8% to 20,899. HSBC (NYSE:HBC) fell sharply. The Shanghai Composite dropped .5% to 3,075. At the open, the…
Women make up over 50% of the US workforce now, but the Bureau of the Census shows that women make, on average, only 77% of what men do based on measurements of annual salaries.…
Not surprisingly, CIT Group Inc. (NYSE: CIT) filed with the SEC a form NT 10-K… That is a non-timely annual report notification. The company said it would be unable to file its annual report…
This is nearly funny, or at least ironic. I had been working on a piece to post at 5:00 PM addressing the steady chart meltdown happening at QUALCOMM Incorporated (NASDAQ: QCOM). It seems as…
MBIA Inc. (NYSE: MBI) reported some mixed earnings after the close. The only reason it even really matters is because Radian Group Inc. (NYSE: RDN) has such better earnings than expected last week. The…
Anthera Pharmaceuticals, Inc. (NASDAQ: ANTH) is a very unusual Monday IPO. The fact that it is being viewed as a dud has little to do with the day of the week. Late last week,…
Goldman Sachs Group, Inc. (NYSE: GS) is going to get hear more criticism over the notion that it creates so many millionaires. Compensation has been an issue since about half way through the recession,…
Direxion is launching a new mutual fund to cover IPOs. This is not an ETF and is not one of the leveraged instruments out there you have seen from Direxion. The company is launching…
Updated throughout the day. Germany and France will help bail out Greece by taking 50% of a 30 billion euro offering by the troubled nation. (various) Hedge fund NIR Group is being investigated for…
John Tamny of Forbes The wise minds of the financial world have, it seems, reached a banking compromise that will please everyone. Banks benefiting from their FDIC backing and ability to access the…
The presumed causes for Greece’s deficit and current financial crisis number in the dozens. The most often mentioned are the spending habits of administrations prior to the current one, the way that Greeks have of not…
These are ten of the top analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Monday morning in the pre-market hours: Berkshire Hathaway Inc. (NYSE: BRK-B) Cut to Market…
McDonald’s Corp. (NYSE: MCD) has enjoyed the status of being the greatest restaurant story in history. In our lifetime, or in any for that matter, the company grew from a start-up to a Dow…