Apple Inc. (NASDAQ: AAPL) has just reported earnings after the closing bell. The iPhone and iPod maker posted $3.67 EPS on a GAAP basis and $15.69 billion in revenues versus the Thomson Reuters consensus…
The Federal Agricultural Mortgage Corporation (NYSE: AGM), a.k.a. Farmer Mac, today raised additional capital. The capital came via a sale in a private offering of shares of non-cumulative perpetual preferred stock of Farmer Mac…
The ongoing Telepresence effort made by Cisco Systems Inc. (NASDAQ: CSCO) has some new competition from a rival networking technology company as well as from a rival in the video communications market. While this…
By Douglas A. McIntyre AT&T (T) will lose its U.S. exclusive distribution rights for the Apple (AAPL) iPhone on Wednesday, according to a report published at tech blog Hot Hardware, which claims to have…
By Paul Ausick of 24/7 Wall St. Halliburton (HAL) reported fourth-quarter 2009 net income of $243 million (EPS of $0.27), down 48% from $468 million (EPS of $0.87) in the same period a year…
From Venture Beat Apple (AAPL) has been testing 50 devices believed to be its new tablet computers, according to analytics firm Flurry. Flurry said its analytics showed that the device were being tested on Apple’s…
Ed Whitacre, who is at least partially responsible for the problems at GM since it came out of Chapter 11, will add the CEO title to that of chairman. He has been interim CEO since…
Bill Gates, chairman of Microsoft (NASDAQ:MSFT) strongly implied that Google (NASDAQ:GOOG) has done the wrong thing by challenging the Chinese government on censorship of the internet. According to Reuters, Gates views China’s online screening…
These are Monday’s top day trader and active trader alerts seen in the pre-market levels. We have a link to each story where applicable over at VSInvestor.com with more details and analysis: Pacific Ethanol,…
Updated throughout the day. Apple (NASDAQ:AAPL) will announce the end to its exclusive AT&T (NYSE:T) deal later this week (various) Goldman Sachs (NYSE:GS) will limit the pay of its London partners to $1.6 million. (Bloomberg)…
John Tamny of Forbes Seeking to provide clarity as to the true meaning of inflation, the late Nobel Laureate Milton Friedman helpfully described it as “always and everywhere a monetary phenomenon.” At first glance…
These are this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Ciena Corp. (NASDAQ: CIEN) Started as Buy at Auriga. DryShips (NASDAQ: DRYS) Raised to Buy at Cantor Fitzgerald.…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
Credit Expedition 22 Flight Engineer T.J. Creamer on his way to the International Space Station. AppScout reports that his first tweet was “Hello Twitterverse!”, which may have been less profound that Neil Armstong’s “That’s one small step for…
By Douglas A. McIntyre “Avatar” was only $50 shy of passing “Titanic” as the largest global box office film in history — just short of the ship disaster’s $1.843 billion mark. The numbers represent…
It is cause for worry when the world’s largest retailer cuts 11,200 people right after a rough holiday sales season. Wal-Mart will fire that many people at its Sam’s Club division. The warehouse club…
The debt ceiling, which is at $12.4 trillion, is near its limits and the Senate will consider whether to add $1.9 trillion to the cap. Dow Jones estimates that the increase will only be…
Layoffs in unrelated industries, even when close together in time, are just that—unrelated. That is until they begin to grow rapidly in number. Three of America’s largest firm announced firings or signaled them during…
Reuters: China continued to defend its internet policies. Reuters: The SEC is considering whether data on AIG (NYSE:AIG) should have national security status. Reuters: Ferrero will not bid against Kraft (NYSE:KFT) for Cadbury (NYSE:CBY)
Markets in Asia were down modestly The Nikkei fell .7% to 10,513. Toyota (NYSE:TM) was down. The Hang Send dropped .8% to 20,587. The Shanghai Composite was down 1.1% to 3094. At the open…