Novell Inc. (NASDAQ: NOVL) got some decent news after Microsoft (NASDAQ: MSFT) expanded its Linux support relationship for interoperability. If it seems that Microsoft is warming up to Linux and open source, it is…
GM (GM) has decided to do two things to stimulate sales. One is to offer aggressive incentives on its new cars. The other is to offer substantial warranties on its used cars. Between the…
A share of Fannie Mae (FNM) goes for $6. Freddie Mac’s (FRE) shares are at just above $4. The market caps of the two companies combined is only about $9 billion. The most recent…
Hewlett-Packard’s (HPQ) last quarter was hailed as a testament to superior management and intelligent diversification. Much of the growth came from overseas, but that is supposed to be a hallmark of the new American…
News Corp. (NWS) chairman and CEO Rupert Murdoch’s pay fell 14% for 2008 — before you get out the Kleenex, consider that it still totaled $27.5 million. Given that shares of the stock is…
The term "China economic stimulus package" has to be an oxymoron. NBC recently made the point that China’s economy can no longer be driven hard by exports. They have become too expensive as labor…
According to Reuters, US inflation rose as the housing market continued to be troubled. Reuters reports that Hewlett-Packard (HPQ) beat Wall St. expectations. Reuters reports that Ebay (EBAY) will drop some of its listings…
Shares in Asia were mixed while the Shanghai Composite rose 7.6% to 2,523. The Nikkei was down .1% to 12,852. Bridgestone fell 4.2% to 1860 Casia was off 3.7% to 1229. The Hang Seng…
It’s been a tough run for contrarians. Badly beaten down companies facing overwhelmingly bearish negative market sentiment have continued to weaken: for now, the bearish masses have been right. Part of the problem is…
Luxury retailer Saks Inc. (SKS) today reported abysmal results, indicating that higher-end consumers are starting to feel the economic pinch as well. The company is betting that that its flagship Saks Fifth Avenue store…
Hewlett-Packard Co. (NYSE: HPQ) posted earnings of $0.86 EPS and $28 Billion revenues after today’s close. First Call had estimates at $0.83 EPS on $27.41 Billion in revenues. As far as guidance for next…
J Crew Group (JCG) Analyst downgrade. Drops to $24.86 from 52-week high of $52.44. Cameco Corporation (CCJ) Bad profits. Down to $27.56 from 52-week high of $52.33 Fannie Mae (FNM) Ongoing concerns about shareholders…
Why any bank which has undermined the value of its shares by poor management and taken billions of dollars in low-cost loans from the Fed would promote it environmental intiative is beyond imagining. Bank…
Barnes & Noble’s (BKS) online CEO left the company today. Marie J. Toulantis ran the part of the company on which its future is largely dependent. Call it a metaphor. BKS has to be…
Traders and investors alike are braced for the long awaited earnings out of Hewlett-Packard Co. (NYSE: HPQ) after today’s close. First Call has estimates at $0.83 EPS on $27.41 Billion in revenues. Estimates for…
Private equity giant The Carlyle Group has announced that Lou Gerstner will retire as Chairman of Carlyle and will become a senior advisor to its buyout funds in the U.S., Europe, and Asia. Carlyle…
Motorola’s (MOT) share of the US cellphone market is falling fast. The NPD Group said overall sales of handsets from all manufacturers dropped 13% to 28 million in the second quarter. According to the…
Just looking at the drop in price for common units of pipeline master limited partnerships could lead one to believe the midstream business is going to hell in a handbasket. DPC Midstream Partners (NYSE:DPM)…
According to VSInvestor, several stocks are moving this morning on large volume. Staples (SPLS) is off 9% on poor earnings. These are notes on China Techfaith (CNFT) hitting an all-time low. Xinhua Finance Media…
The annual inflation rate in the US will be above 10% by the end of the year. Almost all the signs are pointing that way. The AP writes "The Labor Department reported that wholesale…