Things are so bad at Crocs (CROX) that it is off nearly 50% down near $1. Optimer Pharmaceuticals (OPTR) continues to be volatility. Details here.. AgFeed (FEED) is getting crushed. NetApp (NTAP) is today’s…
Exelon Corporation (NYSE:EXC) has officially kicked off its unsolicited takeover of NRG Energy (NYSE:NRG). We reported the details yesterday. Exelon needs to receive a majority of NRG’s shares outstanding (about 233 million total) by…
Repsol YPF (NYSE:REP) is one of the ten largest integrated oil companies in the world. It is based in Madrid, and owns substantial assets in South America. Repsol reported third quarter earnings yesterday, but…
Weekly jobless claims came out this morning above the critical and psychological level of 500,000 filing for unemployment. This was a gain of 32,000 to 516,000, and to little surprise there was a slight…
These are the top ten early bird upgrades and downgrades we have seen this Thursday morning with about two hours until the open: Altria (MO) Raised to Neutral from Sell at Banc of America.…
The home of "everyday low prices" took a bit of a hit today when it put out its earnings. It can not longer be called "recession proof", but it is still damn close. Wal-Mart…
There is a perception among investors and government officials that GM (GM) CEO Rick Wagoner will say anything to save his job. He has argued hard and often that people will not buy cars…
Every problem is supposed to have a solution, no matter how difficult. The rising number of foreclosures and the falling prices of homes should be arrested by plans from the government and large banks…
There is no economic slowdown under the golden arches. Where else can someone buy a large meal of heart-healthy food for under $2, and only $1 for the kids. McDonald’s has begun to make…
According to Reuters, Japan will supply money to the IMF. Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank. Reuters reports that the US may need to insure wholesale deposits. Reuters…
Most markets in Asia fell. The Nikkei was off 5.3% to 8,239, Sony (SNE) dropped on concerns about holiday sales. The Hang Seng fell 6% to 13,097. HSBC (HBC) fell sharply. The Shanghai Composite…
It is rare when a company warns about its Q4 numbers on November 12. That made Intel’s (INTC) announcement about the final quarter of the year all the more shocking. Intel said it now…
Citigroup (C) investors have been remarkably patient with relatively new CEO Vikram Pandit. But, the company’s shares traded under $10 today. The stock has not been that low since 1995. Pandit earned $165.2 million…
CROCS Inc. (NASDAQ: CROX) is a story of the good, the bad, and the fugly. The maker of ugly fad shoes reported earnings after the close, which technically were no earnings at all. The…
Applied Materials Inc. (NASDAQ: AMAT) managed to close at what looks to be a decade low, and it was right under $10.00 ahead of earnings. The semiconductor capital equipment giant posted earnings of $0.20…
The lame duck members of Congress are trying to get out of town. Their boxes are packed and they are leaving to join law firms in their old districts. Other members of the House…
It has been almost impossible for most stocks to avoid the carnageand mayhem of late. It is interesting just how many widely held stocks have broken under the $10.00 share price level today. This…
The market message has been the same for the entire last week. Carnage and mayhem. But what is interesting is how many household companies and how many widely held stocks have this week or…
Imagine being the number one semiconductor capital equipment stock in the U.S., and finding your stock trading at a ten-year low. That is essentially the case for Applied Materials Inc. (NASDAQ: AMAT), and the…
Moody’s had had the corporate debt ratings of Las Vegas Sands Corp.(NYSE: LVS) on review for possible downgrade since mid-July. Just today, the debt ratings agency announced that it has lowered the corporate debt…