These are this morning’s top analyst research calls for upgrades, downgrades, and initiations seen from Wall Street analysts this Thursday: A123 Systems (NASDAQ: AONE) Started as Equal-Weight at Barclays. Big Lots (NYSE: BIG) Raised…
This morning’s weekly jobless claims from the Labor Department are showing a whole new round of concerns that perhaps the recently weak consumer confidence is due to the notion that jobs are not getting…
Updated throughout the day Greece will sell a 10-year bond next week to raise about $3 billion. (WSJ) GE (GE) will sell a $3.3 billion interest in Turkish bank Garanti (CNBC). Australia’s Westfield may…
Hummer is dead now, the victim of years of making large trucks which got ten miles per gallon and a failed sale of the firm by GM to Sichuan Tengzhong Heavy Industrial Machines in China.…
Anyone who reads the papers or visits news sites on the internet knows that sales of new homes dropped 11.2% in January to a seasonally adjusted annual rate of 309,000. This figure is said to be…
It is one thing when credit agencies downgrade the sovereign debt of modest-sized nations such as Greece or Spain. It is quite another when the world’s largest economies like Japan or the UK go…
Reuters: Coca-Cola (KO) is close to buying its largest bottler. Reuters: Microsoft (NASAQ:MSFT) won court approve to shut down computers that spread spam and viruses. Reuters: Akio Toyoda (TM) apologized to Congress from problems with Toyotas. Reuters: …
Markets in Asia were mostly lower. The Nikkei fell 1% to 10,102. The Hang Seng was off by .8% to 20,345. The Shanghai Composite was up 1.3% to 3,061. At the open, in Europe,…
Apple (AAPL) iTunes passed 10 billion song downloads yesterday. It is a milestone analysts had been anticipating for the last month. The consumer electronics company celebrated the accomplishment with an odometer on the firm’s home…
Most of the press Nintendo, the world’s No.1 video game console company, gets is for its Wii machine which has kept a lead in unit sales over the Microsoft (MSFT) Xbox 360 and Sony (SNE) PS3…
By Max Fisher of The Atlantic Wire A nutshell history of money might go something like: First we had barter, then hard currency, then checks and credit cards, then… Twitter? A handful of writers…
Updated throughout the trading day… Google Inc. (GOOG)… The European Commission has asked Google to comment on allegations by rivals it demotes their sites in its search rankings. This is partof an ongoing wave…
These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls early this morning: Autodesk Inc. (NASDAQ: ADSK) Raised to Buy at Needham. Banco Santander (NYSE: STD) Cut…
Hyundai has recalled 47,000 of its Sonata sedans to fix door lock problems. It does so in an environment in which American consumers are becoming more and more suspicious of the auto industry. Hyundai was…
The conversations about the Greek debt load and deficit focus almost exclusively on programs to get the nation to cut costs in order to balance its budget. That leaves out the revenue and receipts part of…
Google (GOOG) announced that it will test “superfast” broadband in more than 50,000 households and will offer connection speeds that are in some cases one hundred times faster than current services. It is ironic that the…
Consumer confidence as measured by the Conference Board fell sharply this month. The “Present Situation” index fell to a 27-year low at 19.4 points because of the troubled job market and general business conditions.…
Reuters: The Fed will defend the breadth of its power before Congress. Reuters: Hyundai will recall the Sonata because of lock issues. Reuters: The Bank of Japan says it is ready to act on…
Markets in Asia were mixed The Nikkei fell 1.5% to 10,199. Toyota (NYSE: TM) fell. The Hang Seng was off .9% to 20,448. The Bank of China (NYSE: CEO) fell The Shanghai Composite was…
If it follows the patterns of many other antitrust probes of major US tech companies by the EU, Google (GOOG) will be in for scrutiny in major countries around the world. The Wall Street Journal…