These are some of the top pre-market downgrades and cautious calls we have seen from Wall Street analysts this Wednesday morning: Amylin Pharmaceuticals (AMLN) Cut to Sell at Canaccord Adams. Biogen Idec (BIIB) Started…
These are some of the top pre-market analyst upgrades and positive research calls we are seeing from Wall Street this Wednesday morning: Baidu.com (BIDU) Started as Outperform at Bernstein. Best Buy (BBY) Raised to…
AT&T (T) earnings were not very impressive. Sales of Apple (AAPL) iPhones helped wireless growth. Landline numbers were poor. For the most recent quarter, AT&T’s consolidated revenue were $31.1 billion, up 2.4% from a…
Toyota (TM) moved from making most of its cars in Japan to opening plants all over the world as it marched to become the No.1 car company. The process took nearly two decades and…
Creating a "bad bank" is on the wish list of an extraordinarily large number of regulators and members of Congress. It is a sort of miracle cure to the problems in the banking industry.…
Shares in large software companies including Microsoft (MSFT) and Oracle (ORCL) have been selling off quickly over the last two quarters. The general forecasts for the firms is that a slowdown in IT spending…
Arnold Schwarzenegger may believe that he would be sitting in Barak Obama’s chair in the Oval Office if only he had been born a US citizen. Instead he runs California, which may be the…
Yahoo! (YHOO) announced earnings yesterday. The company’s forecast for the current quarter was weak. Many investors wanted to hear what new CEO Carol Bartz would say. She did not say anything, at least not…
Citigroup (C) walked away from buying a corporate jet for $50 million. It seemed, at first, that management and the board at the bank had done the right thing. But, the new Treasury Secretary…
Mark Twain and Will Rogers shared a sentiment. As Twain said, “Buy land, they’re not making it anymore”. It would have been interesting to ask each man what he thought about the value of…
According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports that Yahoo! (YHOO) slightly beat earnings but posted a weak forecast. Reuters reports that…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a series of positions to gamble that firms like Microsoft (MSFT) and Cisco (CSCO) would…
Target Corp. (NYSE: TGT) has just confirmed the layoffs we and other reports discussed earlier today. As we expected, this is a very small number of jobs, and it appears to be more corporate…
General Electric Co. (NYSE: GE) saw its stock plunge after the close of trading after its corporate credit rating was put on review for a downgrade by Moody’s. That means that its beloved "AAA"…
Yahoo!’s (YHOO) reported revenue excluding traffic acquisition costs (“TAC”) was $1,375 million for the fourth quarter of 2008, a 2% decrease compared with $1,403 million for the same period of 2007. The net loss…
Websense, Inc. (NASDAQ: WBSN) has posted earnings. The results from the web filtering and data security player are initially being viewed as a disappointment, but the company is actually offering guidance for 2009 and…
Sun Microsystems, Inc. (NASDAQ:JAVA) just posted a wide loss for the quarter. Like that was a hard guess. The company posted a 10% drop in revenues to $3.22 billion, and it claims gross margins…
AIG (AIG) will make $450 million in payments to workers at it derivatives unit to make sure that they don’t leave. “I was extremely disappointed — but not surprised — to learn that AIG…
Target Corp. (NYSE: TGT) has confirmed that it plans to cut workers, but details are still not out. We have checked around and the cuts appear to be in the Minneapolis headquarters rather than…
We haven’t been covering Jim Cramer as much for many different reasons, but we still pay attention when he comes out with stock picks because it can still affect at least the short term…