With its stock down more than 90% from the highs it reached in 2003,Krispy Kreme Doughnuts (KKD) is looking for something to restorethe company to same-store sales growth and long-term profitability. The answer? Small…
Ciena Corporation (NASDAQ: CIEN) shares rose this morning after they had been cored to the bone. Despite its sector woes in telecom equipment and fiber optics, Barron’s called the stock a bargain this weekend…
Hewlett-Packard Co. (NYSE: HPQ) has decided to jump in on the stock buyback bandwagon. Its new share buyback program is for $8 billion in common stock. At current prices, this would represent over 165…
Nike Inc. (NYSE: NKE) has decided to jump on the stock buyback bandwagon this morning. The footwear and sports apparel and equipment maker has just announced it would repurchase up to $5 billion in…
Microsoft Corp. (NASDAQ: MSFT) is announcing another monster share buyback plan. This one gives it the authorization to repurchase as much as $40 billion worth of stock. Its last buyback plan has been completed. …
Standard & Poor’s has just made what appears to be its first new "AAA" corporate credit rating in years. The winner is none other than Microsoft Corp. (NASDAQ: MSFT). Its short-term and commercial paper…
In a sign that the people with the closest view of housing expect market conditions to remain weak for a long time, Lowe’s (LOW) is expected to announce this week that it is curbing…
These are not all of the research calls affecting shares of stock, but these are some we have our eyes on this Monday: Alliance Bernstein (AB) Raised to Outperform at KBW. Arkansas Best (ABFS)…
The $700 billion financial system bailout has so far stabilized the financial markets. That part is hard to debate. The long term effects, the path, and the implications are, of course, up for debate. …
General Motors (GM) said on Friday that it will draw down $3.5 billion on the $4.5 billion line of credit it put in place with JPMorgan Chase (JPM) and Citigroup (C) back in 2006.…
Paulson, Bernanke & Co. are learning just how diabolical the legislative process can be. Their $700 billion financial rescue program is meant to buy toxic assets from US banks and financial companies. Since the…
Goldman Sachs (GS) and Morgan Stanley (MS) today give up their vaunted status as investment banks, no longer being the top dogs of the financial world. In this ancient industry, there is now no…
According to Reuters, Goldman Sachs (GS) and Morgan Stanley (MS) will give up their investment banking status and become bank holding companies to have access to the government’s proposed $700 billion bailout fund. Reuters…
Markets in Asia were higher with the Shanghai Composite up 7.7%. The Nikkei rose 1.4% to 12,091. Nomura Holdings was up as much as 9%. Mitsubishi UFJ Financial Group was up more than 4%.…
Henry Paulson has suggested that part of the genius of his plan to save the US financial system by purchasing toxic mortgage paper from banks and brokerages is that it is simple and free…
Nearly everyone in Congress likes the Paulson plan to bail out American financial institutions by purchasing up to $700 billion of their troubled assets. Nearly every legislator wants to add new language to cover…
Most dictators get to wear general’s uniforms, have multiple palaces, and several wives. Henry Paulson had better call his tailor. The Administration’s proposal to buy up to $700 billion in mortgage-related securities from financial…
According to The Associated Press,The Bush administration is asking Congress to let the government buy $700 billion in bad mortgages as part of the largest financial bailout since the Great Depression. The plan would…
Henry Paulson’s program to save the economic universe from dark powers may or may not rescue the financial system. It comes with a $1 trillion checking account which the government will use to buy…
After Clearwire Corporation (NASDAQ: CLWR) closes its venture with Sprint Nextel Corporation (NYSE: S), the company CEO Benjamin Wolff has made several recommended appointments. It is also losing its CFO. As the company states…