Updated throughout the day. Updated 10.53 AM EST Activision-Blizzard (NASDAQ:ATVI) “Guitar Hero 5″ is selling poorly. (Barron’s) Update 9.47 AM EST: BP’s (NYSE:BP) new chairman will make significant changes to the oil company’s board. …
This morning you are getting the broader summaries without links to VSInvestor.com because of an issue at the hosting and publishing side that has caused a temporary outage. Here are brief morning movers: Fifth…
Bankers have become more and more adroit at shooting themselves in the foot this year. Congress, the Administration and the public are already upset by actions that they believe caused the credit crisis, forcing…
by John Tamny of Forbes In the past week reports about alleged “insider trading” on the part of billionaire Galleon Group founder Raj Rajaratnam have been splashed all over the pages of major financial…
These are this Monday’s top ten analyst calls from Wall Street for upgrades, downgrades, and initiations: BHP Billiton (NYSE: BHP) Started as Neutral at HSBC. Delphi Financial (NYSE: DFG) Started as Outperform at KBW.…
The T-Mobile US division of German telecom giant Deutsche Telekom (NYSE:DT) has run a distant fourth in cellular subscribers in America well behind AT&T (NYSE:T), Sprint (NYSE:S), and Verizon Wireless (NYSE:VZ)(NYSE:VOD). T-Mobile means to…
Nokia’s (NYSE:NOK) Symbian mobile operating system has dominated the handset software business for years. Microsoft’s mobile Windows has made some progress in picking up market share during the last decade, but its success has…
The Administration may not need to push a healthcare reform bill though Congress. It might be better off creating laws that would wring excess out of the current system. It would avoid risking hundreds of billions…
24/7 Wall St. asked Audit Integrity to screen companies with market caps of more than $3 billion to create a list of the firms that use the most transparent and conservative accounting programs and have “best of class” corporate governance…
Reuters: Corporate directors are on the hot seat over management pay. Reuters: The US healthcare system wastes up to $800 billion a year. Reuters: Capmark Financial filed for bankrupcy. Reuters: The land dealer advisor…
When GM decided to close its Saturn and Pontiac brands it forgot to put a “do not resuscitate” sign on Cadillac. Cadillac is in trouble, and that trouble is likely to get much worse…
It is no secret that things could be much better at Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). But the last week or so has re-highlighted just how dire the situation is for…
Last week marked what was the crest of third quarter earnings season for 2009, yet there is still a flood of earnings reports coming out this next week. We have four more DJIA components…
According to information provided by the FDIC, seven more banks failed yesterday, bringing the total to 106 for the year, the most since 1992. Three of the banks were in Florida. The number could…
Carl Icahn, who joined the Yahoo! (NASDAQ:YHOO) board on August 6.2008 after a long proxy fight with the company, is leaving. The portal company had rejected Microsoft’s (NASDAQ:MSFT) search and restructuring proposal the month before…
American United Bank of Lawrenceville, Georgia, was closed today by the Georgia Department of Banking & Finance. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Ameris Bank, Moultrie,…
The nation had its 100th bank failure of the year as Office of Thrift Supervision closed Partners Bank located in Naples, Florida. To protect the depositors, the FDIC entered into a purchase and assumption…
CIT Group, Inc. (NYSE: CIT) has had a lot of news this week. A lot this year for that matter. Last night there was word that it had reached a loan agreement with…
Analysts are beginning to calculate what a lose in a patent lawsuit brought by Nokia (NYSE:NOK) could cost Apple (NASDAQ:AAPL). Piper Jaffray analyst Gene Munster believes that the figure could be as much as…
This week was the crest of 2009 third quarter earnings season. We still have a flood of reports next week and picking a mere top ten earnings to watch was very unfair to many…