Dillard’s Inc. (NYSE: DDS) could use new blood, literally. The company is run by William Dillard II as CEO (founder’s son) and as Chairman, and its President is Alex Dillard. There are enough Dillard…
Harvard produced Steve Ballmer, Bill Gates, and Jim Cramer. It has produced eight presidents has hundreds of big company CEOs. By the look of things, its investment managers are doing better than the market…
Whenever something like this comes along, one has to ask, "Are these guys serious?" Electricite de France (EDF) yesterday offered Constellation Energy (NYSE:CEG) a premium of about 96% to purchase half of Constellation’s nuclear…
If you haven’t heard of a creative and backward way of trying to rapidly acquire assets, you can look to Goldman Sachs Group (NYSE: GS) this morning. The WSJ is reporting that the investment…
These are some of the early bird analyst downgrades and negative calls we have seen early this Wednesday morning: Central European Distribution (CEDC) Cut to Neutral at JPMorgan. Infineon (IFX) Cut to Sell at…
These are some of the early positive analyst calls and analyst upgrades we are seeing this Wednesday morning: American Physicians (ACAP) Started as Buy at SunTrust Robinson. Bank Of NY Mellon (BK) Raised to…
Analysts are of two minds about Google (GOOG). The first is that because it is the most efficient way for companies to reach customers that it will not be hurt much by the recession.…
Mastercard (MA) has a unit which tracks retail sales. The numbers that it posted for November are almost too horrible to believe. According to The Wall Street Journal, new data from MasterCard SpendingPulse shows…
The wonderful and extraordinary thing about big federal spending programs is that the government does not have enough people to keep track of how the money is used. Grifters are everywhere. So are the…
The Big Three restructuring plans submitted to Congress make good bedtime reading. The programs are full of assumptions which, taken as a whole, indicate that the entire US car industry will be in exceptionally…
RIM (RIMM) warned it would not make its numbers for the current quarter. Some of that is due to the value of the dollar. The balance is because a weak economy is hurting demand…
According to Reuters, a bailout of US car companies gained support in Congress as GM (GM) and Chrysler said they needed money immediately to stay in business. Reuters reports that Merrill will cut bonuses…
Markets in Asia rose. The Nikkei was up 1,8% to 8,004. The Hang Seng rose 1.9% to 13,654. The Shanghai Composite was up 4% to 1,965. At the open, the FTSE was off .2%…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are chosen on…
It takes all kinds to make a world. Trip Chowdhry of Global Equities Research may not be very bright, but he is intrepid. According to an account in Barron’s, the analyst thinks Google’s (GOOG)…
GM (GM) distributed its turnaround plan to Congress. It was almost exactly what the market expected, but it fudges one key issue, which is what happens to the company’s finances if it loses a…
Excel Maritime (EXM) Bad period for shipping business. Falls to $3.25 from 52-week high of $60.99. Xenoport (XNPT) New drug fails in study. Drops to $17.90 from 52-week high of $66.34. Sierra Wireless (SWIR)…
Picking out a CEO to go in technology right now might seem pointless. The argument could be almost any of them if you count share price only. That is doubly true if you look…
If GM (GM) needed dramatic news to help explain why it needs a bailout from Washington, the car firm got it. Sales at the company were off 41% in November. Year-to-date unit sales dropped…
UnitedHealth Group Inc. (NYSE: UNH) has made some rather bold predictions for 2009. What is interesting here is that these projections are not showing continued growth nor showing total dominance. But the possible surprise…