Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings after the close of trading on Wednesday. While many technology, telecom, and networking companies have grown more cautious, it is almost impossible not to…
Sachi Gerlitz, the CEO of Ness Techologies (NSTC), is remarkably well paid for doing a less than modest job of getting shareholders results. According to the NSTC proxy he made $903,000 last year in…
"Dana Holdings Corporation Sharpens Focus On Leadership Roles" "Dana Holding Corporation (DAN )today announced that its Board of Directors has appointed John Devine to the expanded role of chairman and CEO, and named Gary…
Back in September, Sierra Pacific Resources (NYSE:SRP) changed the names of both its utility companies to NV Energy. That didn’t do much to help its third-quarter earnings, which the company reported before the market…
This is a story about that rare thing these days: a company with a stock price higher today than it was a year ago. Unfortunately, that may change following today’s release of third quarter…
These are some of the top pre-market upgrades from analysts which we have seen in the early hours this Monday morning: Acorda Therapeutics (ACOR) Raised to Outperform at Baird. Biogen Idec (BIIB) Raised to…
These are some of the top pre-market analyst downgrades we have seen with more than two hours to the open this Monday morning: Barnes Group (B) Cut to Neutral at Baird. Carnival (CCL) Cut…
The final shoe to fall in the global recession is China. It is a large enough supplier of goods to the entire civilized world and much of the world which is not civilized that…
If memory serves, commodities prices were too expensive at mid-year. Corn was too high for ethanol companies to make money. One of the largest, Verasun (VSE), just went bankrupt. Oil prices were so high…
Congress does not like the way that most bailout money is going to banks. It wants to see the little guy with the underwater mortgage and stagnant income get some direct help. Federal agencies…
The Treasury may have to hire circus clowns and insurance salesmen to keep track of all the US banks it is bailing out. Now that the really large money center and regional banks have…
According to Reuters, South Korea launched a major economic stimulus package. Reuters reports that nearly 1,800 publicly held institutions could apply for U.S. government investments. Reuters reports that HBOS took an $8.5 billion hit…
Japan was closed for a holiday. Most other Asia markets were higher. The Hang Seng was up 2.7% to 14,344. The Shanghai Composite was off .5% to 1,718. The FTSE rose 1.1% to 4,421…
The US unemployment rate in September was 6.1%. The consensus estimates are that the numbers will rise, but there are differences over how much. The Bloomberg News survey of economists gives an average prediction…
GM (GM) may not get the $10 billion it needs to buy Chrysler, but, even if the Fed comes up with the money, the UAW may try to block the deal. A long strike…
American car companies hoped the day would never come. Data from October is expected to show the market shares of Toyota (TM) and Honda (HMC) for US vehicle sales is expected to be over…
Word is starting to get around town that Citigroup (C) has some more trouble coming and it could show up as soon as the next quarter. In this case, Citi’s problems may not be…
Because Chrysler is now a private company, no one outside the corporation and its investors has a precise picture of its finances. Through the first nine months of this year, Chrysler sold 1.18 million…
Sears (SHLD) is already one of the weakest retailers in the US. Firms such as Wal-Mart (WMT) and Best Buy (BBY) have, in most cases, better merchandise, better store locations, and buying power to…
The most prominent ethanol energy company in the US, Verasun (VSE), is filing for Chapter 11. Among other things the firm has been pinched by falling oil prices, which make ethanol less attractive, and…