These are some of the top analyst calls in oil and gas stocks we have seen in the early hours of trading this Tuesday morning. Citigroup picked up new coverage on many stocks today. …
These are some of the top analyst calls for the financial services group we have seen in the early hours of trading this Tuesday morning: American Express (NYSE: AXP) raised to Neutral at UBS.…
Hi commodity prices beget high stock prices of companies that deal in those commodities. At least speculation isn’t at play in the markets, after all the speculators even say they aren’t responsible. This notion…
We already saw the first projections yesterday from Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR). We also saw the resounding thud that the markets greeted the company’s with.…
Eli Broad, one of the richest men in the world, says the current economy is the worst he has seen in his lifetime, the worst since WWII. According to Bloomberg, he also says a…
If any company has the chance to take on the Apple (AAPL) iTunes/iPod franchise it is Nokia (NOK). It has started its own music store and recently signed up Warner Music (WMG). According to…
Starbucks (SBUX) hoped one of the ingredients of getting turned around was its new Pike Place Roast coffee. The java chain brought the new product to market because it tastes more like Maxwell House,…
It has been over a year since hedge fund Cerberus bought Chrysler and installed Home Depot (HD) pariah Robert Nardelli as the car company’s unlikely CEO. Cerberus coughed up $7.4 billion for the privilege…
According to Reuters, global companies may start to issue profit warnings as business slows overseas. Reuters reports that InBev is sticking to it offer to buy Anheuser-Bush (BUD). Reuters reports that Chrysler is shutting…
Markets in Asia were mixed The Nikkei fell .1% to 13,463. Canon fell 2.2% to 5340. Japan Tobacco rose 1.6% to 460000. The Hsng Seng rose .4% to 22,103. China Unicom (CHU) rose 3.7%…
Fortune Brands, Inc. (NYSE: FO) has come clean with a lowered earnings guidance for the current quarter and full year of 2008. The company noted that a weakening consumer sentiment in the U.S., the…
EMCORE Corporation (NASDAQ: EMKR) has announced after the close of trading that the company has agreed to sell 2,000,000 shares of Series D Preferred Stock of WorldWater & Solar Technologies Corporation (OTC Bulletin Board:…
Lehman (LEH) falls on rumors of sale to Barclays (BCS). Down to $19.64 from 52-week high of $76.99. Ambac (ABK) drops on more concerns it will need additional capital. Sells off to $1.15 from…
On Tuesday, it won’t just be the first day of the month nor just the first day of the quarter. It is yet another reporting day for new car and truck sales in the…
Sirius (SIRI) told the world how things would look at the company after its proposed merger with XM Satellite (XMSR). The world greeted the forecast with scorn. The company called the savings synergies, an…
MBIA Inc. (NYSE: MBI) decided to speak out against some recent speculation and some recent reporting on its overall health. The company has said that as a result of Moody’s downgrade of MBIA Insurance…
BCD Semiconductor Manufacturing Limited has filed with the SEC to formally withdraw its prior registration statement. In short, the company has determined not to proceed with its planned initial public offering. You can guess…
No one hears much about the Bank for International Settlements but It deals with central banks worldwide and probably has as good a fix on the global economy as any single entity. There is…
General Electric Co. (NYSE: GE) is seeing a rise of nearly 1% today, and this is after several days of hitting the 52-week low list and almost seeing its stock trade with $25 handles…
Hicks Acquisition Company I, Inc. (AMEX: TOH) has reached an agreement in principle to go from SPAC to operational. The deal and terms are subject to execution of a definitive agreement, although the company…