Contrary to the growing optimism for a takeout, Palm (PALM) is a company with little revenue, huge losses, a messy financing situation, and an expensive stock that would appear to have few suitors. By all…
Does the Webvan IPO seem like a million years ago? Or what about Peapod? We may get an IPO from a similar company in the U.K. called Ocado, an online grocery retailer. The Times…
Big tobacco got over yet another big news hurdle yesterday after a U.S. District Court sided with Reynolds American (RAI) in its long-running patent tussle with Star Scientific (STSI), this on the heels of new…
We saw tame inflation on the wholesale level yesterday, We have a mere +0.1% on both the headline CPI and on the Core CPI this morning. Dow Jones had CPI estimates at +0.3% on…
Robert W. Baird has started several of the green or less-dirty energy players and water-plays in new coverage this morning. Most of these are very unexciting ratings with a “Neutral” rating. Among these are…
These are the top analyst upgrades and positive research calls from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens: Apache (APA) Raised to Strong…
Fed Chairman Ben Bernanke believes the green shoots of economic recovery are sprouting, and the market seems to agree: The S&P 500 is up 36 percent since March. But a closer look reveals plenty…
The latest mad plan by Howard Schulz and his executive team to fix Starbucks (SBUX) is to have stores grind beans each time they make a new pot of coffee. Apparently, the beans are…
The novel approach that the federal government is taking to fixing the American car industry is that it will bail out the manufacturers while letting their suppliers fail. Car parts firms asked the Administration…
The valuations of large social networks such as MySpace (NWS), Facebook, and Twitter is that a visitor has the same value as a visitor to Yahoo! (YHOO), AOL, or Ask.com (IACI). Facebook is worth…
Pause and consider for a moment the fact that no amount of regulation of financial markets can squeeze the effects of stupidity out of the system. The Administration plans a radical overhaul of how…
Reuters: The US faces a long period of economic stagnation. Reuters: Obama will release plans for a financial market overhaul. Reuters: The White House will not help California fix its deficit. Reuters: Large US…
Markets in Asia were mixed. The Nikkei rose .9% to 9,841. The Hang Seng was up .5% to 18,251. The Shanghai Composite rose 1.2% to 2,810. At the the open in Europe, the FTSE…
24/7 Wall St. is pleased to announce the launch of the public beta version of AppleFinancialNews.com (AAPL), the first in a seriesof websites with news and opinion about America’s premier companies gathered from hundreds of sites around…
Mr. MacIntyre: We’re looking to discuss the viability of online newspapers tomorrow on our morning show “Money for Breakfast” with Alexis Glick at 0750 AM ET. Any chance you might be interested in…
CROCS Inc. (NASDAQ: CROX) may be closer to a capital raise if an amended filing from tonight clears the bar to allow it to sell securities. It was just May 22 when it filed…
Adobe Systems Inc. (NASDAQ: ADBE) has just posted earnings. The Flash and Acrobat software king has posted $0.35 non-GAAP EPS and $704.7 million in revenue. Thomson Reuters had estimates at $0.35 EPS and $694.75…
Huawei Technologies Co., Ltd. is one of the inaccessible companies to invest in for Americans. Yet it runs head to head against Cisco Systems Inc. (NASDAQ: CSCO) and other router and backbone giants for…
Today marks the ultimate backlash against the once unlimited and unprecedented growth of social media. News Corp. (NYSE: NWS) has announced in a press release that about 30% of the MySpace employees are being…