Google is still a growth company but it is no longer one with awe-inspiring year-over-year comparisons. Its revenue may no longer be moving up rapidly enough to support a a price point anywhere near…
Marvell Technology Group Ltd. (Nasdaq: MRVL) just got to pile on in the tech earnings warning carnage. The communications chip provider slashed its revenue projections in the quarter to $500 million to $520 million. …
The surprise earnings release from Microsoft this morning was meant to ward off leaks on an already-down day. But Google Inc. (NASDAQ: GOOG) was the scheduled duelist against Microsoft for all of the media…
By now, even the pygmies have figured out that Microsoft Corp. (NASDAQ: MSFT) had an awful quarter. We already signaled the top-line and bottom-line miss this morning, and a warning that was without any…
Maybe it was the $21 billion of losses Merrill Lynch had in Q4. Or, perhaps it was the bonuses Merrill gave out before the Bank of America (BAC) takeover was final, but John Thain,…
This should be put in the "rumor" file immediately because it is based on one anonymous source inside Yahoo!. Yahoo!’s (YHOO) new CEO, Carol Bartz, has told her board that she does not need…
Last night, we covered a filing frin Energy Transfer Partners, L.P. (NYSE: ETP) to sell some 5 million units to raise cash. The deal not only priced this morning, but the company sold 6…
The US Minerals Management Service said that its new five-year plan for drilling on the US outer continental shelf (OCS) "isn’t affected" by the review order issued on Tuesday by the Obama administration. The…
South African coal gasification company Sasol Limited (NYSE:SSL) forecast "robust growth" for its 2009 fiscal year which began in July. Yesterday, the company revised that forecast. It now expects "a moderate reduction" in its…
McMoran Exploration Company (NYSE:MMR) reported full-year 2008 and fourth quarter results yesterday, and it definitely wasn’t pretty. The company’s full-year EPS was -$3.79, and for the fourth quarter the EPS loss totaled -$4.39.
We have all heard over and over and how many ships were essentially being used as temporary floating storage terminals for oil. But now there is at least some quantifiable data on just how…
It is almost hard to believe, but there is another merger announcement this morning. Interwoven, Inc. (NASDAQ: IWOV) has entered into a definitive agreement to be acquired by UK-based Autonomy Corporation plc. The merger…
A look at the numbers for Microsoft’s last quarter would make most investors shudder. Revenue barely moved, up 2% to $16.6 billion. Net income was of 11% to $4.2 billion. The world’s largest software…
Microsoft Corp. (NASDAQ: MSFT) was not supposed to report earnings until after the close of trading. But something happened for the first time we have ever seen. The company unexpectedly released earnings at 9:00…
Deutsche Bank upgraded Best Buy (NYSE: BBY) today from Hold to Buy and boosted its price target from $28 to $40, saying the company should be one of the biggest beneficiaries of Circuit City’s…
DryShips, Inc. (NASDAQ: DRYS) has been one of the day trader’s dreamboat stocks, and no pun is intended. You can hardly go a day where there is not a $1.00 change in either direction. …
The Labor Department released its weekly jobless claims showing how many Americans have filed for new unemployment benefits. Consensus estimates according to Bloomberg was 610,000 for the week, although Dow Jones was only expecting…
These are some of the top pre-market analyst upgrades we have seen early this Thursday morning with more than two hours until the market opens: Activision Blizzard (ATVI) Started as Outperform at FBR. Advance…
These are some of the top pre-market analyst downgrades we have seen this Thursday morning with more than two hours until the market opens: Air Products (APD) Cut to Hold at KeyBanc. Alcoa (AA)…
Nokia (NOK) turned in a bad quarter. Net profit in the fourth quarter dropped to 576 million euros ($751 million), or 0.15 euro a share, from 1.84 billion euros, or 0.47 euro a share,…