TransCanada Corporation (NYSE: TRP) has announced that its Kibby Wind Power Project has received a final and unanimous approval for its development plans from Maine’s Land Use Regulation Commission. The company has said that…
Oilfield services company Basic Energy Services (NYSE:BAS) released its June operations report this morning. The company has increased its rig count by one over May, and thirty since a year ago. Rig utilization stands…
It would make sense that with airlines canceling flights left and right due to high oil prices that Boeing would be looking a a grim year or two. Not so. Boeing (BA) forecasts a…
Today we got to see Ken Heebner of CGM Funds for a quick interview on CNBC. For those of you who follow Mr. Heebner, you already know that he is deemed by most as…
Comcast Corporation (NASDAQ: CMCSA) (NASDAQ: CMCSK) and Vonage Holdings Corporation (NYSE: VG) have announced a collaborative agreement this morning to address "the reasonable networkmanagement of Internet services." Comcast committed to work together with Vonage…
There have been many inquires around on Cisco Systems (NASDAQ: CSCO) this morning. There are two issues moving the stock, of which one is real and one is conjecture. CEO John Chambers gave an…
QLogic Corp. (NASDAQ: QLGC) is seeing a surge of interest this morning after the company raised its guidance. On a non-GAAP basis, QLogic expects $0.30 to $0.31 EPS, compared to the previously forecast range…
Evergreen Solar (NASDAQ: ESLR) is a stock that has been under pressure after the company announced huge orders but then immediately turned around with a huge convertible note offering. The offering wasn’t a damning…
These are not all of the upgrades we have seen so far this morning, but here are ten of the top positive analyst calls we have seen so far early this Tuesday morning: Cameco…
There are many research calls out this morning. Here are ten downgrades or negative analyst calls we are monitoring this morning: ACE Ltd. (NYSE: ACE) Cut To Hold From Buy By Citigroup. Digital River…
The IMF seems to think that the global economy is going to go badly this year and worse next. According to Reuters, "With sky-high food and oil prices adding to the economic pain caused…
It looks like Merrill Lynch (MER) is about to get a big lift for its balance sheet. According to The New York Post, Michael Bloomberg is prepared to pay $5 billion for the minority…
Wall St. liked Alcoa’s (AA) earnings. They were down, but no by as much as most analysts had supposed. Earnings at the metal company dropped 24% to $546 million. Revenue was down 6% to…
It is a good thing that "The Rock" is a national park now, and not a high-security prison. Some of the people who marketed auction-rate instruments may be going to jail. For the time…
Carl Icahn often makes money in his corporate takeover attempts, but he is as flawed as a raider can be. His recent investments in Motorola (MOT) and Blockbuster (BBI) have done remarkably poorly. His…
"I am shocked, shocked to see that gambling is going on in here,"–Captain Renault, "Casablanca: 1942 Of course, Captain Renault controlled the gambling in Casablanca, but it was best that, as the chief of…
Google (GOOG) paid something around $1.7 billion to buy YouTube, which is by a wide measure the most popular video site in the world. By some accounts, one billion videos are watched at the…
According to Reuters, large Yahoo! (YHOO) shareholder Legg Mason said Carl Icahn’s bid would have more support if he guaranteed he would not sell the company for less than $33. Reuters writes that the…
Most markets in Asia were higher. The Nikkei moved up .2% to 13,052. Izuzu Motors was up 3.3% to 498. KDDI was up 1.1% to 621000. The Hang Seng rose 2% to 21,635. China…
Alcoa Inc. (NYSE: AA) has come out and reported earnings, marking the first of the large companies to post earnings to kick off earnings season. The metals giant posted $0.66 EPS on $7.6 Billion…