SIRIUS XM Radio Inc. (NASDAQ: SIRI) has its annual meeting of stockholders today, and the company is out with some updated information which will be as important as ever to its burned stockholders. We…
Goldman Sachs has come out with a new financial sector outlook for 2009, and much of how you receive it will depend whether you see things as"half empty" or "half full." It is not…
One of the few Charter Communications Inc.(CHTR) bulls is turning as the company looks headed for bankruptcy. Analysts at Pali Research downgraded the stock today from Buy to Neutral, citing the massive debt load.…
A new report from ContentNext, which is available at its site, PaidContent.org, reviews the financial prospects of political and news sites. The first conclusion of the report is that being big is good. Sites…
Citigroup Inc. (NYSE: C) is getting a more "in-line" view from analyst and fan Dick Bove of Ladenburg Thalmann. Bove is capitulating at least a bit with the admission that the quarter may look…
Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) is responding well in pre-market trading after the company signed an overseas commercialization agreement with Pfizer, Inc. (NYSE: PFE). The pact covers Auxilium’s Xiaflex, a treatment for hand and…
By John Tamny RealClearMarkets Take a look at the computer screen your eyes are presently (hopefully) fixated on, not to mention the computer mouse you used in order to click on this posting. Did…
These are some of the top analyst upgrades and positive calls we are seeing from Wall Street early this Thursday morning with more than two hours to the open: Asset Acceptance Capital (NASDAQ: AACC)…
These are some of the top pre-market analyst downgrades or cautious calls seen from Wall Street early this Thursday morning with more than two hours to the open: Apple (NASDAQ: AAPL) Started as Hold…
The process of cities going bankrupt has already begun. One of Michigan’s largest cities, Flint, is already in receivership. The state gets to help pay the bills. Several other large municipalities in The Wolverine…
The amount of humiliation among OPEC oil ministers must be agonizing. Every time the cartel cuts supply, the price of crude drops like a rock. But, the ministers will not be denied their pound…
America is short on czars. The ones in charge of energy, the war on drugs, intellectual property, and, perhaps, cars are not enough. The one segment of the economy that has needed a czar…
The latest big idea to help save the American auto industry is an old one–merge GM (GM) and Chrysler. It is a road the companies have been down before, but they are so desperate…
According to Reuters, Chrysler will idle its plant for a month to cut inventory and costs. Reuters reports that the SEC is under fire over the Madoff investigation. Reuters reports that Obama picked Mary…
Markets in Asia were mostly higher. The Nikkei rose .6% to 8,867. Honda (HMC) dropped after cutting profit forecasts. The Hang Seng rose .1% to 14,474. The Shangai Composite moved up 2% to 2,016.…
For bankers used to making millions of dollars in bonuses, $400,000 might seem like a big comedown. Goldman Sachs (GS) has elected to make that the cap for cash compensation for everyone at the…
Nike Inc. (NYSE: NKE) seems to be avoiding the recession so far. Not entirely, but much better than other we have seen. The sports apparel giant made a profit of $391 million, or $0.80…
Take-Two Interactive Software Inc. (NASDAQ: TTWO) just joined the ranks of video game publishers with bad earnings. Real bad earnings. And thank heavens for non-GAAP accounting. The company posted a GAAP loss of -$0.10…
Nortel (NT) Still falling on Chapter 11 concerns. Falls to $.26 from 52-week high of $16.07. Borders Group (BGP) No one buys books from stores anymore. Drops to $.56 from 52-week high of $11.67.…
Rumors from Apple (AAPL) headquarters in Cupertino that Steve Jobs is alive and well are keeping the company’s shares well above their multi-year low of $79.14 hit a few weeks ago. Shares are trading…