Boeing (BA) has delayed the launch of its Dreamliner three times. Supply chain trouble and manufacturing flaws have damaged the company’s reputation with its customers and opened a door for more competition from Airbus.…
Jerry Seinfeld can be a vicious and cruel comedian. Microsoft (MSFT) has changed that by putting $10 million in his pocket. The people from Redmond have finally acknowledged that a huge portion of the…
The rule on Wall St. is that securities analysts don’t rate their own firms. Now that brokerage research departments are no longer slaves to investment banking, the independence of analysts is supposed to be…
According to Reuters, Nissan says it will start exporting cars from it China joint venture. Reuters reports that Micorosft (MSFT) will enlist Seinfeld for its new ad campaign. Reuters reports that the NY Attorney…
Markets in Asia were mostly down. The Nikkei fell .7% to 12,752. Canon fell 2% to 5260. Casio fell 3.7% to 1220. The Hang Seng dropped 2.2% to 20,480. China Life (LFC) rose 4.3%…
Fannie Mae (FNM) Fear the mortgage firm will fail. Drops to $3.95 from 52-week high of $70.57. Freddie Mac (FRE) Ditto. Sells down to $2.95 from 52-week high of $67.20. McClatchy Newspapers (MNI) Newspaper…
Aladdin Knowledge Systems (NASDAQ: ALDN) has confirmed that it received a confidential and unsolicited proposal from private equity firm Vector Capital to acquire the company. The company notes that Vector’s proposal includes a potential…
Oil Services are deemed by many market pundits as being more insulated than integrated oils, refiners, and other sub-sectors of the energy sector for oil and gas. While these frequently move in-line with oil…
CEOs at troubled companies often set their salaries at $1 a year. Lee Iaccoca did it at Chrysler and Steve Jobs did the same at Apple (AAPL). The gesture allows the poor wretches who…
It is not hard to blame Goldman Sachs (GS) for failing to cut its own earnings estimates for the next quarter and the full year. That kind of action by analysts is verboten. Rating…
We noticed a huge surge in activity over at Volume Spike this morning in shares of VeriFone Holdings Inc. (NYSE: PAY). You can thank the company finally giving a positive outlook and its cleaned-up…
Goldman Sachs is out with a negative call this morning that is a downgrade in the department stores section of the retail sector. The firm believes that gains of some 30% while companies are…
Goldman Sachs (GS) says oil will be back at $149 at the end of the year. The investment bank reiterated its year-end price forecast of $149 a barrel for U.S. crude oil, and said…
Novatel (NVTL) managed to post guidance that was below expectations. Expectations must have already been poor. The company’s stock is off 60% over the last year, and should fall further today. For the third…
These are some of the early analyst upgrades or positive calls we are seeing this Wednesday in early pre-market hours: Dollar Tree (DLTR) Raised to Buy at S&P. Hutchinson Telecom (HTX) Raised to Buy…
These are some of the early analyst downgrades or negative calls we are seeing this Wednesday in early pre-market hours: Advance Auto Parts (AAP) Cut to Neutral at JPMorgan. Alnylam Pharma (ALNY) Started as…
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…