If you can believe it, Jim Cramer came on CNBC’s nightly MAD MONEY and changed his tune on Yahoo! Inc. (NASDAQ: YHOO). Cramer has been anti-Yahoo! for longer than memory serves. He is now…
We are just about to get the first round of abstracts from companies presenting data at this year’s American Society of Clinical Oncology meeting for 2009. At BioHealthInvestor.com we compiled a brief summary for…
John Browne of Euro Pacific Capital made perhaps one of the ballsiest market calls or one of the craziest market calls yet in the entire bear market or in most peoples’ careers if they…
McDonald’s Corp. (NYSE: MCD) had a substantial insider sale today that may catch some eyes. Chief Executive Officer Jim Skinner unloaded some 150,000 shares via exercised stock options. Insider sales usually are not a…
McDonald’s (MCD) did so well with its dollar menu that Wal-Mart (WMT) decided it will have one, too. The difference is that the Wal-Mart version will be merchandise and not food. The world’s largest…
Warren Buffett isn’t hanging on to his relatively new shares of Constellation Energy Group, Inc. (NYSE: CEG). Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B), via MidAmerican Energy, had been a seller of shares before…
Systemax Inc. (NYSE: SYX) is a lesser-known company for many investors, but that may change after developments from yesterday. Multiple reports showed that the company won the auction for the rights and property of…
An FDA action has conservatives crying over spilled milk. By Dan Mitchell of The Big Money Disputes over food-label claims are always political. But the current, insane iteration of the American right has walked…
There is a new twist in the Pepsico, Inc. (NYSE: PEP) ‘hopeful’ acquisition of Pepsi Bottling Group Inc. (NYSE: PBG). Pepsi Bottling Group Inc. has decided to make an acquisition of its own. It…
Fertilizer maker, The Mosaic Company (NYSE: MOS), outlined its strategy for the coming months at the BMO Capital Markets 2009 Agricultural, Protein & Fertilizer Conference today. We decided to prepare a quick-hit look at…
Rambus Inc. (NASDAQ:RMBS) is seeing a surge in trading this morning. The chip process designer announced that the FTC issued an order dismissing the remainder of its case against Rambus after a recent denial…
The Labor Department has released the April Producer Price Index, otherwise known as the wholesale inflation number. The nominal PPI came in at +0.3% and the the core PPI on an ex-food and ex-energy…
The Labor Department has released its weekly jobless claims. It seems that the contraction in weekly claims is not running in a straight line. This week’s report came in at 637,000 from a revised…
DigitalGlobe is set to open for trading this morning in another highly anticipated initial public offering. The satellite imagery company will trade on the NYSE with the ticker “DGI.” The IPO was priced at…
By John Tamny of RealClearMarkets While the recent rebound in share prices has perhaps reduced some of the more strident calls for its reinstatement, the abolishment of the uptick rule in 2007 is to…
Medarex, Inc. (NASDAQ: MEDX) announced that its wholly owned MDX-1100 met its primary endpoints for patients receiving methotrexate in a Phase II ‘proof of concept’ trial in patients with active rheumatoid arthritis. The trial…
These are the top 10 early bird analyst upgrades and downgrades we have seen in Wall Street research calls early this Thursday morning with over two hours until the market opens: AstraZeneca (AZN) Cut…
Based on Wal-Mart’s (WMT) earning for the quarter ending April 30, the world’s largest retailer did better than it was supposed to. The company reported EPS of $.77 at the highest end of the…
The International Energy Agency, the gold standard for forecasting global supply and demand for crude oil, says that the world will need 2.56 million barrels per day less than it did in 2008. CNBC…
Sir Howard Stringer is the first non-Japanese to run Sony (SNE) and putting him into the job was probably a mistake. He was promoted to “re-invent” the company. Instead, he has done what most…