JA Solar Holdings Co., Ltd. (NASDAQ: JASO) reported a 2008 fourth quarter loss of -$0.11/share, lower than analysts’ estimates of a -$0.02 loss. Revenue for the quarter reached $143.5 million, beating expectations of $117.94…
Federal Reserve Chairman Ben Bernanke has been giving a speech this morning at the Council on Foreign Relations in Washington D.C. about financial reform and systematic risk. While Bernanke talked about additional steps being…
Citigroup downgrades Wal-Mart (NYSE: WMT) from Buy to Hold, saying concerns about the expected introduction of EFCA/card check legislation, which simplifies union formation, limits the upside for the stock. The analyst said, “George…
United Technologies Corp. (NYSE: UTX) is trading higher on what would have been considered bad news in other economies or in different times. The company announced an additional $600 million of restructuring actions for…
By John Tamny RealClearMarkets Back during the Internet IPO boom, companies ranging from Netscape to Priceline to Expedia went public with no earnings to speak of whatsoever. Retail giant Amazon.com was jokingly referred to…
These are some of the top pre-market analyst downgrades and negative calls we have seen early this Tuesday morning: Apogee (APOG) Cut to Sell at Piper Jaffray. BJ Services (BJS) Cut to Sector Perform…
These are the top pre-market analyst upgrades and positive calls we have seen from analysts this Tuesday morning: Big Lots (BIG) Raised to Buy at Soleil. Corning (GLW) Raised to Buy at Collins Stewart.…
Citigroup (C) CEO Vikram Pandit says that the bank is having a great quarter. That must be true because he says it is, although his comments in the past have not always been spot on. According to the…
Bank uber-analyst Meredith Whitney wrote in The Wall Street Journal that the economy will have more problems as banks take credit cards away from people to prevent bad debt write-offs. She says “Just six…
The head of the IMF is calling the period that the world is in now and is likely to stay in for some time “The Great Recession”. According to Reuters, he said “The IMF…
AlixPartners, a turnaround firm, said at the beginning of the year that 10% to 26% of retailers were in financial distress and were in danger of filing for Chapter 11. It is worth considering…
Now that most investors, both institutional and individual, have lost a large portion of their stock market holdings, all that most people want to know is how they can get their money back. The…
Moody’s has come out with a list of 283 companies that are at great risk of defaulting on their debt. The Wall Street Journal got a copy of the list so each of the…
According to the head of the FDIC, a “bad bank” system could jumpstart the US economy. Reuters reports that some economists believe that the US economy will start to rebound in the second half…
Texas Instruments Inc. (NYSE: TXN) said it is now looking for first quarter revenue of $1.79 billion to $2.05 billion. The good news is that this is within the company’s prior range of $1.62…
Petroquest Energy (PQ) Now visible news. Shares drop to $.61 from a 52-week high of $29.18. Las Vegas Sands (LVS) Chief operating officer is replaced. Sells off to $1.38 from 52-week high of $84.29.…
Agrium Inc.(NYSE: AGU) does not want to give up on its merger intentions. The company issued a statement saying that the rejection by CF Industries Holdings, Inc. (NYSE: CF) of its proposed acquisition is…
The Rohm & Haas (NYSE: ROH) acquisition by Dow Chemical (NYSE: DOW) is actually going to close if CNBC’s David Faber is accurate. Faber just reported some merger news that may seem out of…
This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows. The timeframe is by the end of 2010, which is meant to coincide with some form of economic…
Nouriel Roubini, head of Roubini Global Economics (RGEMonitor.com) and a professor at the Stern Business School at New York University, has shared some thoughts today for more gloom and doom ahead. He was speaking…