The person who first said that a chain is only as strong as its weakest link has never lifted a V8 out of a Ford Mustang. But, the analogy works in most cases and…
For a company which may have the most well-regarded premium brand in the world, Apple’s stock has been certainly been buffeted by unsatisfied investors. The shares have recovered some since the beginning of March,…
As part of The 24/7 Wall St–The Channel Checkers survey series, 0ver the past week, The Channel Checkers surveyed 24 GameStop (GME) and EB Games (same parent company) stores across the United States to track…
The iPhone dominates this week’s top stories, aggregated from 24/7 Wall St. partner Apple Investor News: • Two new iPhone models coming? Lazard Capital Markets analyst Daniel Amir tells CNET a high-end 32GB model…
According to Reuters, Congress passed the Obama budget Reuters reports that cautious optimism greeted plans from the G-20 summit. Reuters reports that banks are considering buying toxic assets sold by other banks. Reuters reports…
Markets in Asia were mixed The Nikkei rose .3% to 8,749. The Hang Seng fell .4% to 14,463. The Shanghai Composite was off .2% to 2,420. In Europe, at the open, the FTSE was…
If you have been expecting that all of the lower rates and all of the government bailout money was going to make your credit cards cheaper, perhaps you may need to rethink the scenario. …
It has been no secret that the market for initial public offerings has been one of the biggest ghost towns in the financial markets. The secondary markets and the bond markets are opening up…
Research in Motion Ltd. (NASDAQ: RIMM) posted earnings of $0.90 EPS and $3.46 billion in revenue. Thomson Reuters (First Call) had estimates of $0.83+ EPS and $3.4 billion in revenue. The company had already…
At 842, the S&P is pushing near a 25% gains since it bottomed for the year-to-date at 677 on March 9th. The bank stocks continue an extraordinary run over that period. Citigroup (C) is…
Research in Motion Ltd. (NASDAQ: RIMM) is set to report earnings after the close of trading today. The maker of the BlackBerry, or ‘CrackBerry,’ has Thomson Reuters (First Call) estimates of $0.83+ EPS and…
Letting readers call all the shots is great for community but bad for business By Edmund Lee of The Big Money Facebook, the world’s largest social network, suffered under the tyranny of its own…
The Financial Accounting Standards Board, or FASB, has voted to loosen its rules for the (now dreaded) balance sheet act of mark-to-market valuation for accounting. Many will argue that this is unfairly giving clemency…
AngloGold Ashanti Ltd. (NYSE:AU) has indicated that first quarter 2009 production will reach just 1.1 million ounces of gold, 2.5% lower than previous guidance. The company has maintained its previous guidance for production for…
ConocoPhillips Corporation (NYSE:COP) has released its interim update for the first quarter of 2009. The news is mixed at best. Exploration and production was hit by low prices for both crude oil and natural…
China’s Purchasing Manager’s Index rose to 52.4 in March from 49 in February, the China Federation of Logistics and Purchasing reported. A reading above 50 signals expansion. This was the first expansion in China’s…
The poor employment data from yesterday is being echoed this morning. The weekly jobless claims from the Labor Department came in at 669,000, which is a gain of 12,000 from the revised week before…
Sohu.com Inc. (NASDAQ: SOHU) is completing the first partial spin-off initial public offering of its Changyou.com (NASDAQ: CYOU). This IPO will trade today and we are still awaiting the time stamp from NASDAQ. We…
These are some of the top pre-market analyst downgrades and negative research calls we have seen from Wall Street early this Thursday morning with about two hours until the market opens: Advance Auto Parts…
These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street this Thursday morning: CommScope (CTV) Raised to Outperform at Baird. Dr. Pepper Snapple (DPS) Raised to Buy…