The offer from NRG Energy, Inc. (NYSE:NRG) to buy the retail business of Reliant Energy Inc. (NYSE:RRI) for $287.5 million has now drawn some attention from Fitch Ratings. As one might expect, the benefits…
VeriFone Holdings Inc. (NYSE: PAY) is finally getting a look from traders this morning after the company’s earnings report. The earnings were not without problems, and the guidance was not something many would deem…
These are the top 10 analyst calls we have seen this Wednesday morning with about two hours until the market opens: Altera (ALTR) and Xilinx (XLNX) Raised to Overweight at Global Crown. Biomarin Pharma …
News that a measure of manufacturing activity in China took a tick up in February put analysts into a fever of excitement. The Shanghai Composite moved up 6%. The rally is based on a…
It is probably a pretty fair guess that Google (GOOG) will have a poor quarter and that the stock is heading for new lows. Eric Schmidt, the search company’s CEO, made downbeat comments about…
The Apple (AAPL) iPhone may be good for a lot of things, but reading electronic books is not one of them. The screen on the device is so small that trying to read “War…
The Wall Street Journal decided to give Merrill Lynch, now part of Bank of America (BAC) a hard time for paying some of its investment bankers and traders more than $10 million each last…
Using the US government’s count, about 2.4 million people lost their jobs in America last year. That does not include people who have been jobless for an extended period and are no longer looking…
Hyundai is now the most successful car company in the US and it has the numbers to prove it. It has come up with a way to sell cars to people who fear that…
According to Reuters, Obama spoke about the economy with optimism as his aides defended the budget. Reuters reports that a Senate panel will question Swiss banking’s secrecy policy. Reuters reports that foreclosures drove up…
Markets in Asia were higher The Nikkei rose .9% to 7,291. The Hang Seng gained 2.8% to 12,375. The Shanghai Composite was up 6.1% to 2,198 At the open in Europe, the FTSE rose 1.3%.…
By Douglas A. McIntyre of 24/7 Wall St. for DailyFinance.com Microsoft (MSFT) will begin to kick the tires on its new search engine. According to The Wall Street Journal, “Microsoft Corp. has begun testing…
Many analysts, economists, traders, and the like have blamed some of President Obama’s new plans and some of the proposed actions out of Congress as contributing to the recent sell-off. But President Obama said…
GE (GE) Growing concern that financial division will have heavy write-offs. Drops to $6.85 from a 52-week high of $38.52. MetLife (MET) One of many insurance companies being pulled down by AIG (AIG). Falls to…
It seems that bond ratings agencies still have some merit, or at least investors still read what they write. Standard & Poor’s has lowered and reaffirmed some ratings for Bank of America Corp. (NYSE:…
Toyota Motor Corp. (NYSE: TM) reported a dismal sales for February. But the beloved Toyota Prius hybrid that has captured the hearts and minds of the green class posted dismal sales numbers as well. …
There is a rather large retirement in the world of technology today. It may be more of a formality than anything, but Paul Jacobs now chairman of Qualcomm Incorporated (Nasdaq: QCOM). He is replacing…
The stock market may be hitting lows not seen in more than a decade. What is amazing is that there are actually several companies hitting 52-week highs today. Companies featured are Applied Signal Tech…
It should be impossible for housing to get worse, but then it does. Pending home sales fell 7.7% in January, according to the National Association of Realtors. The index now sits at 80.4, the…
Alcatel-Lucent (NYSE: ALU) is a stock where we just saw a major price alert this morning, although not from our normal US channels. The company’s shares in Europe are now under the 1.oo euro…