These are some of the top downgrades and negative calls we are seeing from Wall Street analysts this Tuesday morning: Developers Diversified (DDR) Cut to Neutral at Goldman Sachs. Federated Investors (FII) Cut to…
It was just this last summer that the heads of Merrill Lynch (MER), Lehman, and Morgan Stanley (MS) said the financial crisis had peaked and its energy was dissipating. It would be hard to…
The news is as old as the Magna Carta. The consumer is broke. He does not have a dime. He is out of work. He is defaulting on his home equity loan, and the…
Google’s (GOOG) obscene five years of hyper-growth may be coming to an end. So far, the evidence of that in only anecdotal. Here and there advertisers are saying that the search engine does not…
The BHP Billiton (BHP) offer to buy fellow mining company Rio Tinto (RTP) was one of the largest M&A deals in the known universe. At $62 billio, it was colossal. The lover’s pursuit had…
According to MarketWatch, shares in Rio Tinto (RTP) dropped 40% after BHP Billiton (BHP) dropped its offer for the company. According to Reuters, Citigroup’s (C) assurances that it did not need capital is causing…
Markets in Asia were mostly higher after a rally in the US. The Nikkei was up 5.2% to 8,324. Canon and Honda (HMC) both rose. The Hang Seng was up 3% to 12,825. The…
Starbucks (SBUX) finally admitted what every man, woman, and child over 13-years-old already knows–no one in his right mind will pay more than $1 for a cup of coffee no matter what a barrista…
24/7 Wall St. interviewed Jesse Toprak, Executive Director of Industry Analysis at Edmunds.com. One of the largest issues looking at November domestic vehicle sales is whether bankruptcy rumors are pushing buyers away from American…
Hewlett-Packard (HPQ) had spoiled any surprise about its earnings by telegraphing the numbers weeks ago. It made good on its promises. HP posted financial results for its fourth fiscal quarter ended Oct. 31, 2008…
Landamerica (LFG) Merger deal with Fidelity National Financial falls apart and RBC Capital downgrades the stock. The daily double. Plunges to $.47 from 52-week high of $53.23. Health Management Associates (HMA) Jumpy trading. No…
S&P does not appear to be willing to bet that the new administration will want to or be able to bail out GM (GM), Ford (F), and Chrysler. If the credit rating agency is…
The market may be cheering the Citigroup (C) bailout, but one of the bank’s top analysts suggested that the cork go back in the bottle. There won’t be any party between now and New…
Pershing Square Capital is walking away from its idea of creating a REIT tied to locations owned by retailer Target (TGT). The capital markets may just be too horrible. Whatever the reason, the market…
One of the culprits that analysts point to as a cause of the falling stock market is hedge funds which have to pay back money owed to banks and cover redemptions by their shareholders.…
General Motors (NYSE: GM) and Tiger Woods are calling their current endorsement deal quits. The company and the world’s greatest golfer have agreed to an amicable separation which will end his endorsement of GM…
Hewlett-Packard (NYSE: HPQ) is expected to report earnings after the close of trading today. Last week, the company gave guidance which was ahead of plan and gave guidance farther out on the curve than…
Nortel Networks Corp. (NYSE: NT) is one of the telecom equipment and networking stocks which just has not been able to get its act together. It has also been unable to find any serious…
Oil company share prices have been in near free fall for the past six months. Exxon Mobil (NYSE:XOM) is off about 20% from its 52-week highs and ConocoPhillips (NYSE: COP) is off about 50%,…
Whole Foods Market, Inc. (NASDAQ: WFMI) is in an interesting spot right now. The company’s growth has peaked for now due to the economy and a curtailing of expansion plans. It also has some…