CB Richard Ellis Group (CBG) Big profit drop. Shares off to $13.43 from 52-week high of $38. Au Optronics (AUO) Weak outlook for next quarter, Falls to $12.35 from 52-week high of $22.48. Silicon…
Analysts believe that Motorola (MOT) may have dropped into fourth place among the world’s handset manufacturers. Two years ago, it was a strong second with 22% of the market. According to Reuters, "Nine analysts…
After today’s close, we’ll get to see earnings out of the Mouse House from Walt Disney Co. (NYSE: DIS). First Call has estimates of $0.61 EPS on $9.14 Billion in revenues for this quarter. …
It is now no secret that we are in a very weak economic environment and if it is not an official recession it is for about 80% of the country. We’ve already seen some…
Comcast Corp. (NASDAQ: CMCSA) is a company that Wall Street just loves to hate. Much of the antipathy directed toward the Philadelphia-based cable giant seems justified since it faces a myriad of competitors and…
American Technology Research has an interesting note out this morning calling for changes in the CPU space where Advanced Micro Devices (NYSE: AMD) and Intel Corp. (NASDAQ: INTC) compete. The call is mainly a…
There are a host of reasons why small business employment numbers should have been anemic in July. But, they weren’t. As a matter of fact, small business kept overall job growth from moving into…
Mel Karmazin of Sirius Satellite Radio Inc. (NASDAQ: SIRI) came on CNBC this morning defending the combined Sirius-XM in an exclusive with David Faber. This has shares somewhat higher by almost 4%, but Faber’s…
In another move to save the finances of almost every man, woman, and child in the US, the Fed has accounced that it will extending a credit facility that it provides for primary dealers…
These are not all of the analyst downgrades and negative calls we are seeing this morning, but these are some of the stand out calls this Wednesday morning:Alcatel-Lucent (ALU) Cut target at UBS.Eastman Chemical…
These are not all of the analyst upgrades and positive we are seeing this morning, and many upgrades look merely like "less negative" calls than anything. Here are this Wednesday’s early bird analyst calls:Buffalo…
It has to gall corporate leviathans Microsoft (MSFT) and Sony (SNE) that Nintendo trumps them in the video game console business. The modest Japanese company did it again in the last quarter. The Japanese…
Most of the executives at Siemens (SI) are being dragged off in handcuffs as part of the prosecutions in the company’s bribery scandal. But, the few managers who remain are doing a spectacular job.…
Chrysler is exiting the car leasing business and GM (GM) and Ford (F) have a foot out the door. All of those SUVs that come back off lease sit on dealer lots because no…
Dell (DELL) wants to accomplish what no other company has been able to do over the last five years. It wants to hunt down and kill the Apple (AAPL) iPod like a mangy dog.…
Here’s something you don’t see everyday: a recently completed merger facing more anti-trust scrutiny. But an appeals court has ruled that evidence of antitrust concerns in the Whole Foods/Wild Oats deal must reconsidered. The…
According to Reuters, oil is nearing a 20% drop from its peak, moving into bear market range. Reuters writes that HP (HPQ), Yahoo! (YHOO), and Intel (INTC) are looking at ways to make the…
Markets in Asia were mostly higher. The Nikkei rose1.6% to 13,368. Mazda rose 3.3% to 623. Nissan rose 3% to 837. The Hang Seng rose 1.8% to 22,647. China Netcom (CN) rose 3.1% to…
Presumptive Democratic nominee Barack Obama, who just finished a well-received trip to Europe, is turning his attention to economics .Obama today was scheduled to meet with Federal Reserve Chairman Ben Bernanke to discuss the…
The housing market continues to be in freefall. The S&P/Case-Shiller Index plunged 15.8 percent in May, the biggest decline since records began being kept in 2001. All 20 Metropolitan Statistical Areas (MSAs) measured by…