Reuters: Pandit bought time at Citigroup (C) with a management reshuffle. Reuters: Obama’s healthcare and climate plans are running into resistance. Reuters: AIG (AIG) will pay more executive bonuses in July. Reuters: The new…
Markets in Asis were slightly lower. The Nikkei fell a fraction to 9,287. The Hang Seng was off .2% to 17,769. The Shanghai Composite was down .3% to 3,114. At the open in Europe,…
DryShips Inc. (NASDAQ: DRYS) is making an acquisition. The marine transporter for drybulk cargoes and off-shore contract drilling services will acquire the remaining 25% of the stake in Primelead Shareholders. Primelead will become a…
No one knows how to value social media’s dominant players. The real value for Facebook, LinkedIn, MySpace is elusive (and less than before). Twitter is one of these businesses which suddenly has all the…
Everyone has been trying to figure out how much Bing from Microsoft Corporation (NASDAQ: MSFT) has been able to take in search market share from Yahoo! Inc. (NASDAQ: YHOO) and Google Inc. (NASDAQ: GOOG). …
Here are some of the top stories affecting key drug and biotech stocks that have links through to more in-depth coverage and analysis today at the website BioHealthInvestor.com: Rigel Pharmaceuticals Inc.’s (NASDAQ: RIGL) Phase…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) is essentially supporting a second stimulus package. He gave an interview to ABC’s “Good Morning America” and said that the economy is not in…
General Electric Capital Corporation, the hard-hit and recently criticized unit of General Electric Company (NYSE: GE), has just filed an automatic shelf registration with the SEC. Usually these are just normal operating procedures for…
Citigroup Inc. (NYSE: C) is announcing some key management changes. While this is not a CEO change as many expect to ultimately see, this is still a rather large shake-up and is very similar…
These are some of the this morning’s top day trader alert stocks to watch based on pre-market and after-hours volume activity. These have links through to more detailed trading and volume analysis covered at…
The Labor Department has just released its latest round of weekly jobless claims. This was a huge reduction to a level that is finally under 600,000. The number came in at a revised -52,000,…
When we first floated the notion that Direxion may need to consider conducting a reverse stock split on its two Triple-Leverage cult ETFs for the financial sector, this was a notion that was not…
These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Thursday morning: Amdocs (DOX) Raised to Outperform at Oppenheimer. Chevron (CVX) Started as Buy at…
These are the top pre-market analyst downgrades or cautious research calls we have seen from Wall Street this Thursday morning: Conoco Philips (COP) Started as Sell at Societe Generale. Corporate Executive Board (EXBD) Cut…
Video delivered over the internet was supposed to be the next big thing in media. The problem is that internet video has been high on the list of “next big things” for years. The…
OPEC is no longer talking much about oil supply. It has changed its focus to the investment that its members make in exploration and production. That may change the psychology of how traders look…
Investors looking for a retail recovery won’t find it at Costco (COST). The big box discount store operator said that sales in June fell 6% in stores that had been open at least a…
The notion that the US is the world’s largest car market is gone, perhaps forever. China’s light vehicle sales rose 48% in June to 872,900. The world’s most populous country will produce sales of…
George Soros, at 78, has been one of the world’s premier money managers for years. He is no longer at the head of the hedge fund performance table. Money managers and mathematicians seem to…
Economists with fringe views of the tax system argue that all taxes are regressive. Tax a business and it will not hire more workers or distribute profits back to its owners. People without jobs…