These are this morning’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amazon.com (NASDAQ: AMZN) Raised to Outperform at Bernstein and target raised from $125 to $160. ANSYS (NASDAQ:…
Chinese interests and private capital will build a huge wind farm in West Texas. China-based wind turbine firm A-Power Energy Generation Systems (NASDAQ:APWR) will lead the project. It will cost as much sa $1.5…
By Douglas A. McIntyre British Airways lost $485 million for the six months that ended in September. The airline’s CEO Willie Walsh told the BBC that this has been the “most difficult year in…
The Congressional Oversight Panel has issued its latest report on how the government’s huge bailout of the financial system is going. The most startling part of the document is that it describes the federal government’s $4.5…
Starbucks (NASDAQ:SBUX) does not hand out information about the demographics of its customers, but they are not likely to be people who are poor, indigent, or even lower middle class. The coffee firm announced…
Who is the greatest American CEO of the last decade? Jack Welch, who retired as GE’s (NYSE:GE) chief in 2001. He held his job at the head of the world’s largest conglomerate for 20…
Wal-Mart (NYSE:WMT) is not satisfied challenging rivals like Amazon (NASDAQ:AMZN) and Target (NYSE:TGT) in the e-book and toy businesses. Its program to take the lion’s share of the modest number of consumers likely to…
T-Mobile, the Deutsche Telekom-owned cellular carrier in America, is a failure and an abject one at that. The firm lost 77,000 subscribers in the third quarter. Most analysts blame the attrition on a poor…
Reuters: The Wall St. insider trading probe lead to another 14 arrests. Reuters: Fannie Mae (NYSE:FNM) lost $19 billion and asked Treasury for money. Reuters: GM is readying its plans for Opel as some…
Markets in Asia rose. The Nikkei was up .7% to 9,790. Mitsubishi UFJ (NYSE:MTU) was down. Honda (NYSE:HMC) and Sony (NYSE:SNE) both gained. The Hang Seng rose 1.6% to 21,830. The Shanghai Composite was…
Fannie Mae (NYSE:FNM) recorded a net loss of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss attributable to common stockholders was…
Starbucks (NASDAQ:SBUX) posted good earnings . Revenue for the quarter ending September 28, 2009 was $2.4 billion compared to $2.5 billion in the same quarter. For the period, EPS was $.20 compared to $.01 last year. The…
CareFusion Corp. (NYSE: CFN) rose over 6% to a yearly hight of $24.34 after reporting first quarter earnings of 39 cents per share, beating analyst estimates. The company also increased its earnings forecast for…
The government’s many programs to keep the number of mortgage defaults from growing has grown by one. The new Dead for Lease program will allow some homeowners who face foreclosure to turn their homes over…
i2 Technologies Inc. (NASDAQ: ITWO) is a supply chain management company which has been a takeout stock before. Turns out that is again. In a complicated transaction, JDA Software Group Inc. (NASDAQ: JDAS) will…
GM has decided to keep its European operations, Opel and Vauxhall. Now, it has to figure out how to pay for them. Opel owes the German government over $1.3 billion in bridge financing. It…
Trusting analyst estimates on penny stocks and cult stocks is a tricky business. But SIRIUS XM Radio Inc.(NASDAQ: SIRI) is trading up on heavy volume after its earnings this morning. The satellite radio monopoly…
Updated throughout the day. The New York Yankee victory in the World Series could help stock prices (various) Oracle (NASDAQ:ORCL) could drop its deal to buy Sun (NASDAQ:JAVA) in the face of opposition to…
We have just seen the weekly jobless claims data, and it gets scary when you consider the readings seen from workforce productivity and unit labor costs. It seems as though employers are driving up…
These are this mornings top analyst upgrades, downgrades, and initiations seen early this Thursday from Wall Street research calls: Berkshire Hathaway Inc. (BRK-A) was put on CreditWach (negative) on Wednesday afternoon, which would take…