It is rare that you see an election have this large of an impact, but the Indian stock market surged on the new election results. The Congress Party won a decisive victory in India…
Apple’s (AAPL) march to make the iPhone a viable alternative to the business-oriented RIM (RIMM) Blackberry and perhaps netbooks, which are posting surging sales, got a boost from software security companies. Symantec (SYMC) and…
Italian energy giant Eni SpA (NYSE:E) has acquired a 27.5% interest in the leases of Quicksilver Resources Inc. (NYSE:KWK) in Quicksilver’s Alliance properties in the Fort Worth basin. Quicksilver will receive $280 million in…
Bank of America Corporation (NYSE: BAC) is getting a rather strong bid in early trading this morning. Goldman Sachs raised its rating on the largest bank by deposits to the “Conviction Buy List.”
John Tamny of RealClearMarkets Big businesses start small. Recently, The Wall Street Journal ran a relatively small article in its Marketplace section that many likely missed. The headline was, “Entrepreneurs Cut Own…
These are some of the top pre-market analyst upgrades we have seen from Wall Street early this Monday morning: Brinker International (EAT) Raised to Overweight at Barclays. Daimler (DAI) Raised to Buy at UBS.…
These are some of the general analyst downgrades we have seen this Monday morning from Wall Street: Allegheny Energy (AYE) Cut to Neutral at Goldman Sachs. Anglogold (AU) Cut to Neutral at UBS. BJ…
We have seen many semiconductor and circuit calls this morning with upgrades and downgrades from Wall Street analysts. Here are some of these upgrades and downgrades: Altera (ALTR) Cut to Underweight at Morgan Stanley.…
After stock research was discredited seven or eight years ago because analysts had relationships with the companies that they covered that were considered tainted, Wall St. when though a purging of research and, its…
It is the classic face-off between the king of bricks-and-mortar and the ruler of the e-commerce world. Wal-Mart (WMT) is about to up its bet on consumer electronics, a highly profitable and growing part…
The federal government’s theory seems to be that capping the pay of the most talented people on Wall St. will not cause them to march out the doors to better jobs at small firms…
This weekend was the peak of the college graduation season. Colleges invite well-known people to travel all over America to give a 15 minute commencement address in exchange for an honorary doctorate. It is…
Al Gore was able to get most people to forget the money he took from the tobacco industry and Buddhist monks by winning both the Nobel Prize and an Oscar for his work on…
Reuters: Small businesses are having trouble finding financing. Reuters: VW has stopped tie-up talks with Porsche. Reuters: The US budget chief says there are signs the economic free fall is over. Reuters: Central banks…
Markets in Asia were mixed. The Nikkei fell 2.4% to 9,039. The Hang Send was up up a fraction to 16,798. The Shanghai Composite was up.3% to 2,653. At the open in Europe, the…
This was a week of profit taking and a probable realization that a move of 30% and more from the lows in March was probably a bit much in the face of only consistent…
We have just gotten the Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) holdings for the end of Q1-2009. The cut off date here was March 31, 2009 and there are some changes that…
The first quarter of 2009 Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) holdings are now out for the cut off date here of March 31, 2009. There are some changes from the end…
Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) holdings for the first quarter of 2009 are now out for the cut off date here of March 31, 2009. There are some changes from the…
American Express Co. (NYSE: AXP) is probably feeling a little lucky today. On a day that the market is lower its shares are only down 2% after the company disclosed in an SEC filing…