If print advertising revenue had been down and Internet revenue up, there would have been some hope that The New York Times (NYT) was making a modestly successful transition online. But, total Internet revenue…
A new 53 megawatt PV solar power plant is being built in Germany by First Solar, Inc. (NASDAQ:FSLR) and its German partner Juwi Holding AG. Construction began in January and is expected to be…
Oppenheimer has started coverage several of the casual dining chains this morning. Buffalo Wild Wings (BWLD) was initiated as an “Outperform” rating, with a 40% implied upside at a $52.00 price target. Chipotle Mexican…
Nouriel Roubini, whose pessimistic notes to investors have become redundant, has passed along his latest predictions of the economy and, to hear him tell it, we are all going to hell. At his website,…
These are the ten top analyst calls we have seen early this Tuesday morning with about two hours until the open: Allegheny Tech (ATI) Cut to Sell at Citigroup. Apollo Group (APOL) Started as…
Caterpillar’s (CAT) first quarter results are a pretty good sign that no one wants big earth movers or machines that can move a small city from one state to another overnight. Revenue at CAT…
Merck released earnings, and cut its forecasts. No wonder. Its Q1 numbers were atrocious. Revenue for the first quarter of 2009 was $5.4 billion, a decrease of 8%compared to the first quarter of 2008. Net…
DuPont ((DD) had nothing good to say about its earnings other than that they were in line with its expectations. The firm announced that net income for the first quarter 2009 was $488 million…
Japan intends to raise $109 billion. It needs the money to try to halt the slide of its economy which, so far, has performed worse the most in Europe and North America. The market…
Banks like Goldman Sachs (GS) are saying they want to pay their TARP loans back. They are financially healthy and don’t want the government restrictions that being in the program brings. The Administration believes…
The Administration is losing it grip on the process of restructuring the auto industry. It has let another deadline pass and will supply more money to Chrysler and GM (GM) as they allegedly finalized the…
The recovery from the recession looked fine until late last week. Some of the data from the government and associations that keep track of economic indicators got a bit worse. But, that was not…
The Detroit Free Press, one of the old city dailies, on the brink of extinction and in the shadow of the failing car industry, won a Pulitzer Prize for reporting. Last year, the paper…
According to Reuters, the government will give Chrysler and GM (GM) new aid. Reuters reports that IBM (IBM) revenue fell more than expected. Reuters writes that the Treasury’s plan to get toxic assets off…
Markets in Asia were mostly lower. The Nikkei fell 2.4% to 8,711. The Hang Seng was off 2.9% to 15,289. The Shanghai Composite fell .9% to 2,536 In Europe, the FTSE was off .2%…
Texas Instruments Inc. (NYSE: TXN) came in with its earnings of $0.01 EPS and $2.09 billion in revenue. Thomson Reuters had estimates at -$0.03 EPS on $1.9 billion in sales. Outside of restructuring items,…
IBM (IBM) has a standout quarter which would be a surprise except that it happens so often. The firm reported first quarter 2009 EPS of $1.70 per share compared with EPS of $1.64 per share in the…
Oracle (ORCL) is in the server business now. So are IBM (IBM), Cisco (CSCO), and Hewlett-Packard (HPQ), but those four companies are fairly evenly matched. HP has annual revenue of more than $100 billion.…
This morning’s news of Pepsico Inc. (NYSE: PEP) offering to acquire bottling affiliates PepsiAmericas Inc. (NYSE: PAS) and Pepsi Bottling Group Inc. (NYSE: PBG) may be a surprise to some, but it is far…
By Lesley M. M. Blume of The Big Money Last month, a media executive met with a headhunter to plan his next career move. With years of experience at a major media organization, the…