Sprint (S) weakened by an eroding position in the US cellular business as it losses subscribers to Verizon Wireless (VZ)(VOD) and AT&T (T) and rocked by the broadening recession, fired another 8,000 people today,…
The need for more and more people to have inexpensive and convenient food may be tailing off. McDonald’s (MCD) fourth quarter results were lackluster. . Net income fell 23% to $985 million. Total revenue…
If you were hoping that Caterpillar Inc. (NYSE: CAT) was going to pull a miracle out of the hat with earnings, Monday is going to be a cold day regardless of the weather. The…
Caterpillar (CAT) said it had a good year in 2008 and even a reasonable fourth quarter. But, its prospects for this year are so bad that it will dump 20,000 people, an astonishing number.…
These are some of the top pre-market analyst upgrades we have seen early this Monday morning with more than two and a half hours to the market open: GlaxoSmithKline (GSK) Started as Buy at…
These are some of the top pre-market analyst downgrades and negative calls from Wall Street we have seen early this Monday morning with more than two and a half hours to the market open:…
Yahoo!’s (YHOO) new CEO, Carol Bartz, gets to run the company’s earnings cal this week. The results from the fourth quarter will probably be bad. It is hard to imagine how the forecast for…
Many PC analysts thought that the "netbook" would be a toy. Sitting someplace between regular laptops and smartphones, the little PCs would not have the processing power and screen sizes to be useful to…
Toyota (TM) is the most successful car company in the world based on any important measurement. It is No.1 in global sales, profits, and has an impressive balance sheet especially in contrast to any…
The Pfizer (PFE) deal to buy Wyeth (WYE) for $68 billion looks like a single M&A deal which will break the drought in investment banking activity, but only for a day. The conventional wisdom…
Despite getting cash from the government, banks aren’t lending more money. It makes a good headline, but it does not have any shock value. Why would anyone be surprised? According to The Wall Street…
David Paterson, the governor of New York State, will be attending the World Economic Forum in Davos this week, along with aides and several state troopers, sparking rumors that Switzerland is a hot bed…
Bernie Madoff is like an elderly relative who brought shame and notoriety to his family and to his profession. The community at large can not get enough news about him. There is a point…
According to Reuters, The National Association of Business Economics survey found that members believe that the economy has it its worst period in 27 years. Reuters reports that Pfizer (PFE) is close to a…
The second and last $350 billion of TARP funding is not in the hands or the new Treasury Secretary and the $825 billion stimulus package may not leave the hands of Congress for three…
Barely a month after begging for money in Washington, the US auto companies are talking about what a fine job they are doing preparing for a profitable future. Their predictions are flawed because they…
The Treasury has provided loan facilities of up to $100 billion for both Fannie Mae (FNM) and Freddie Mac (FRE). Freddie Mac is preparing to ask for $35 billion from its pool. It has…
Google (GOOG) made the decision to reset the prices on some of its employee stock options. As the company works to retain employees it make sense. Options set at $500 may not do Google…
Today, I was asked by CNBC to opine on the credibility over General Electric Co. (NYSE: GE) earnings reaction in the stock, but specifically about the dividend that is now 10% and the “AAA”…
Today’s market looked more like an advanced yo-yo session rather than a regular stock market trading day. Since stocks gapped down so much, there were many new names on the list of 52-week lows. …