These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Wednesday morning: Analog Devices (ADI) Raised to Buy at Deutsche Bank; Raised to…
Cellphone sales dropped worldwide in the first quarter, but concerns that Apple (AAPL) iPhone sales may have been hurt appear to be overblown. According to IT research firm Gartner, cellphone sales dropped nearly 9%…
NetFlix (NFLX) is making another move to keep it ahead of rivals including Amazon (AMZN) and Blockbusters. It will adding its video-on-demand service to the Microsoft (MSFT) Window Media software. According to CNET, “For…
Intel (INTC) plans to introduce a PC operating systems for low-end machines. The software is based on Linux, an open source platform that allows developers to create products that are often less expensive than…
The housing market and housing starts are still facing deep and intractable problems. Mortgage rates may be low, but bank standards for home loans are higher. No financial firm wants to be stuck owning…
The market was disappointed by Hewlett-Packard’s (HPQ) forecast for the next quarter. The technology company’s results for the past quarter were in line with Wall St. estimates. Analysts look to H-P as a proxy…
The development and growth of technology has had some unexpected and unpleasant side effects. One is the death of privacy. People with cell phones snap pictures and take videos of strangers. Webcams make online…
Reuters: The Treasury is keeping banks guessing about when they can repay TARP funds. Reuters: Bank of America (BAC) has raised more than $13 billion in share sales. Reuters: Hewlett-Packard’s (HPQ) financial outlook disappointed…
Markets in Asia were mixed. The Nikkei rose .6% to 9,344. The Hang Seng fell .9% to 17,388. The Shanghai Composite fell .9% to 2,651. At the open in Europe, the FTSE fell .3%…
Microsoft says it will introduce its new search engine within the next few days. The world’s largest software company has called the project “Kumo.” It may change that name before the public sees it.…
There is an interesting question that we would like to pose after hearing about an 800 million share or 825 million share secondary coming from Bank of America Corporation (NYSE: BAC). If you were…
Even with Pirate Bay convicted, the studios need to figure out a digital strategy. By Chris Thompson of The Big Money Last month, four men who run the Pirate Bay, perhaps the largest movie-piracy…
The key earnings report from Hewlett-Packard Company (NYSE: HPQ) is now out, and it appears that the company is seeing the same trends as other technology giants. A firm recovery might not be there…
It is no secret that the banks that can pay the money back want out from under the Troubled Asset Relief Plan, or the TARP. It is also no secret that the Treasury, the…
We are expecting the key earnings report from Hewlett-Packard Company (NYSE: HPQ) after the close of trading today. This should mark the 30th DJIA component reporting earnings this season. Because of the EDS buyout,…
The CBOE Volatility Index, or the beloved ‘VIX’ or ‘Fear Index,’ has reached a level not seen since September, 2008. While the low yesterday appears to be 30.0, we have not seen this number…
The Allstate Corporation (NYSE: ALL) has decided to not participate in the Troubled Asset Relief Program, or the TARP, after a careful review by the company. Management believes the company is strongly capitalized without…
Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF) posted some very mixed results. On the surface it looks disappointing across the board, but after parsing through the data this seems as though there are no…
Coeur d’Alene Mines Corp. (NYSE: CDE) has announced a 1-for-10 reverse stock split, which will be effective on May 26, 2009. The shares will trade on the NYSE on a split-adjusted basis beginning the…
By John Tamny of RealClearMarkets If there’s a positive to the leftward economic lurch among our political class, it has to do with the certainty that the imposed initiatives will fail. No matter the…