Reuters: Google (NASDAQ:GOOG) and IBM (NYSE:IBM) posted strong results. Reuters: Bank of America’s (NYSE:BAC) Lewis will skip 2009 pay. Reuters: Japan Airlines says bankruptcy is an option to solving its problems. Reuters: Soros says…
Markets in Asia were mixed. The Nikkei rose .2% to 10,258. The Hang Seng fell .1% to 21,988. Petro China (NYSE:PTR) was up but Sinopec (NYSE:SNP) fell. The Shanghai Composite fell 1.% to 2,977.…
IBM (NYSE:IBM) and Google (NASDAQ:GOOG) each reported better-than-expected earnings. Wall St.’s reaction to the Google numbers was muted and its stock moved up 3% to $547. IBM raised its guidance for the year, but…
IBM (NYSE:IBM) and Google (NASDAQ:GOOG) each reported better-than-expected earnings. Wall St.’s reaction to the Google numbers was muted and its stock moved up 3% to $547. IBM raised its guidance for the year, but…
by Jeff Gerth, ProPublica In May 2006, medical regulators in Denmark issued a warning that signaled trouble for General Electric (NYSE:GE). Danish researchers noted that, over a four-year period, 25 patients in Denmark and…
Bank of America (NYSE:BAC) CEO Ken Lewis is still the firm’s CEO. He was going to leave at the end of the year. The board of the bank would like to find a replacement…
Level 3 Communications, Inc. (NASDAQ: LVLT) has just disclosed in an SEC filing the “Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.” The company noted that…
IBM (NYSE:IBM) slightly beat Wall St. estimates with EPS of $2.40, an 18% improvement over the same period a year ago. The consensus estimate for the quarter was $2.38 . The huge computer and IT…
Google Inc. (NASDAQ: GOOG) has just reported earnings of $5.89 non-GAAP EPS and revenues of $5.94 billion gross and $4.38 billion on an ex-TAC basis. Thomson Reuters had estimates for the King of Internet…
Polaris Industries Inc. (NYSE: PII) rallied over 11% to a yearly high of $49.36 after the ATV manufacturer announced that it expects 4Q profits to beat estimates. Manhattan Associates Inc. (NASDAQ: MANH) shares rallied…
We are starting to see some elevated options trading that appeared on the unusual volume screens. Many of these are pre-earnings trading and some are on other expectations. We have more detailed data on…
Calling for more and more gains after what we have seen in the troubled financial sector is a tough call on the surface. Yet, that is what Rochdale’s Dick Bove is calling for, again. …
As usual, the weekly energy inventories data is giving a picture that can be construed as bullish or bearish for the price of oil and gas, yet there is a wrench in the machine…
Too many companies want to compete with Amazon’s (NASDAQ:AMZN) relatively successful Kindle unit, although investors are concerned that the devices, priced at $249, will never have mass market appeal. Barnes & Noble (NYSE:BKS) is…
An initial public offering filing has been made by a company called Golden Minerals Company, although we would rate this as a quasi-IPO that looks more like a secondary offering and not a full…
Last night there was an initial public offering filing from a company called BJB Career Education Company, Limited. This is a Chinese IT training company and it plans to list its ADS’s on the…
There is an interesting note in the Hertz (NYSE:HTZ) lawsuit against research firm Audit Intergrity. Hertz claim that AI distributed false and defamatory statements about the rental car company when it put out its…
DragonWave Inc. (NASDAQ: DRWI) is not exactly a new company nor is it exactly an initial public offering. The stock has traded on the Toronto Stock Exchange under the ticker “DWI” since 2007. It…
Goldman Sachs Group Inc. (NYSE: GS), Citigroup, Inc. (NYSE: C), and The Charles Schwab Corporation (NASDAQ: SCHW) have all reported earnings. All came in above or in-line with estimates and there is not really…
Updated throughout the day. Updated 2.15 PM: Electronic Arts (NASDAQ:ERTS) may buy social game business Playfish for $250 million. (Business Insider) Updated 1:40 PM EST: CKX Inc. (NASDAQ: CKXE) refuting reports that it is…