These are this Wednesday mornings top Wall Street analyst downgrades and cautious research calls we have seen early this morning: Anglogold (AU) Cut to Neutral at Nomura. BP plc (BP) Cut to Hold at…
The Google (NASDAQ:GOOG) logo has been replaced with a bar code today. The company many be the only large corporation in the world which is willing to take the risk of altering or even…
Costco (NASDAQ:COST) announced earnings that beat Wall St. expectations. Net sales for the fiscal 2009 fourth quarter ended August 30, 2009 were $21.89 billion, a drop from $22.63 billion in the same period a year…
There are two ways to look at management’s sales of millions of shares in Sirius XM (NASDAQ:SIRI). One is that the executives saved the company from an almost certain bankruptcy and deserve a pay…
Andrew Hall, the head of Citigroup’s (NYSE:C) Philbro commodities trading unit, has been a thorn in the side of the bank since it was disclosed that he made as much as $100 million. Congress,…
Forrester Research recently completed a survey of 5,000 Americans in which it asked about the amount people would pay for e-book readers. Most respondents said they would not spend more than $100. That was…
Reuters: Wealth management firms are starting to target the not-so wealthy. Reuters: Gold’s record price drew a muted response. Reuters: Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), and Palm (NASDAQ:PALM) are heating up the smartphone software race.
Markets in Asia were higher. The Nikkei rose 1.1% to 9,800. The Hang Seng was up up 2.5% t0 21,325. Shanghai was closed for a holiday. At the open in Europe, the FTSE was…
Bank of America (NYSE:BAC) sent a letter to one of its harshest critics, Senator Christopher Dodd, head of the Senate Banking Committee, saying that it will not raise the rates that it charges on…
Baby boomers control $10 trillion in assets. A great deal if not most of that money has been invested in the stock market as this part of the population attempted in increase the size…
The use of Microsoft’s (NASDAQ:MSFT) Bing search engine may have peaked. Several studies over the last week showed that the surge of Bing use that came after it was launched may have slowed. It…
There was a reason AT&T (NYSE:T) wanted to keep VoIP applications off of its 3G network, and that reason was almost certainly that the applications will cost the company money. The big phone firm said Apple…
AirTran Holdings, Inc. (NYSE: AAI) is being punished after the close after it announced a securities sale. The discount air carrier plans to sell $75,000,000 in convertible senior notes due in 2016 in an…
Yum! Brands, Inc. (NYSE: YUM) is out with earnings that look outstanding. The owner of KFC, Taco Bell, and Pizza Hut posted $0.70 EPS and $2.78 billion in revenues. Thomson Reuters had estimates pegged…
Apache Corporation (NYSE: APA) rallied over 4% to a yearly high of $97.36 following news that it had gained government approval on contracts to supply 50 million cubic feet of natural gas per day…
Southwest Air (NYSE:LUV) once again proved why it is the most admired carrier in America. Over 83% of its flights arrived on time in August, the latest month measured by US Department of Transportation.…
Toyota Motor Corp. (NYSE: TM) is not trading lower on a patent investigation in the United States. There is no way to know at this time just how broad the implications could be for…
With gold totally breaking out of the old power-band, it is interesting that a few players are still lagging the pack. Many of these stocks are up 7% and closer to 10% now that…
After the close on Monday came a little-known IPO filing from a life insurance operation called Symetra Financial Corp. It turns out that the Bellevue, Washington-based insurer has no terms for the sale but…
Unisys Corporation (NYSE: UIS) must not have learned the valuable lesson that many other troubled technology firms have learned about reverse stock splits. This morning came the announcement that the company’s board of directors…