These are some of the top pre-market analyst upgrades and positive calls from Wall Street we are seeing this Thursday morning with about two hours until the market opens: Carnival (CCL) Raised to Outperform…
These are some of the top pre-market analyst downgrades and negative calls we have seen from Wall Street this Thursday morning with about two hours until the open: Eaton (ETN) Cut to Underweight at…
GM’s (GM) auditors expressed doubt that the car company will remain a “going concern.” Accountants often offer these opinions. They don’t usually mean much. If GM gets $100 billion from the federal government tomorrow it…
With the drop in stock prices there are a lot of companies that don’t belong in the S&P 500. As a matter of fact, there may not be enough large cap firms to keep…
Around the world, PC sales are dying. The global recession is causing consumers and businesses to defer purchases until their current machines break down. Their older computers have powerful enough processors and adequate versions…
Andrew Cuomo spends most of his time running for the governor’s job in New York State. In his spare time he acts as Attorney General and will investigate and prosecute anything he can get…
Google’s (GOOG) huge video-sharing site YouTube drew enough people to have 100 billion videos viewed in January. The question is whether anyone in the media world, particularly the internet, TV, or film businesses really…
It would not be fair to compare Mao Zedong to either President Bush or President Obama. Neither has swum the Yangtze River and neither was a rabid communist. Mao created the central government system…
There was always a sweet bit of fiction in the notion that Ford (F) was so much better financially than GM (GM) or Chrysler that it could weather the global economic downturn no matter…
According to Reuters, Ford (F) will launch a major financial restructuring. Reuters reports that the US is launching a $75 billion plan to help troubled holders of US mortgages. Reuters reports that the Fed…
Markets in Asia were mixed. The Nikkei rose 2% to 7,433. The Hang Send fell .8% to 12.238. The Shanghai Composite moved up 1% to 2,221. In Europe, at the open, The FTSE was…
GE (GE) Panic selling over concerns about balance sheet of financial division. Drops to $5.73 from 52-week high of $38.52. Citigroup (C) Worries about nationalization persist. Down to $1.11 from 52-week high of $27.35.…
The Federal Reserve has issued its latest Beige Book ahead of the next FOMC meeting. It shows more pain and more suffering ahed, just like the rest of the economic data we have seen. …
According to the new 24/7 Wall St–Channel Checkers Survey of 30 Game Stop (GME) and EB Games locations, Sony (SNE) PS3 sales are better relative to Microsoft (MSFT) Xbox and Nintendo Wii than they have…
As long as silicon chips continue to pack more power into less space, the industry will need improved inspection devices to assist with quality control. Or at least that’s what KLA-Tencor Corporation (NASDAQ:KLAC) is…
A very large number of people must think they know something about GE (GE) that is not public. Rumors about the company’s financial unit balance sheet have been hurting the stock for weeks. This…
A little good news for AT&T (T) today. JPMorgan has added the stock to its analyst focus list and rates it “overweight”. The firm commented: “We are adding AT&T to our Analyst Focus List…
Depsite last night’s third quarter warning, Piper Jaffray is upgrading shares of Palm (Nasdaq: PALM) today from Neutral to Buy and lifting its price target from $4 to $10. Piper is citing one thing…
Oil industry information leader Platts has proposed establishing a new assessment for sour crude produced in North and South America. The benchmark would be called the Americas Sour Marker (ASM), and includes four sour…
We have two entirely different reports this morning in the big box retail sector, and a wild card underdog winner. BJ’s Wholesale Club Inc. (NYSE: BJ) reported better-than-expected results, while Costco Wholesale Corp. (NASDAQ:…