Apollo Group Inc. (NASDAQ: APOL) is seeing shares surge in after-hours after the company posted better than expected earnings. The for-profit and online education company earned $139.1 million after an 11% enrollment increase. On…
As you will see below from a Form 4 filing with the SEC, Mich Dell bought some 4.5 million shares of Dell Inc. (NASDAQ: DELL) over the last 3 trading days at levels from…
Howard Schultz, the CEO for life at Starbucks (SBUX) recently told Portfolio magazine all about his plans to turn around the company. The editors should not have bought a word of it. In the…
Avis Budget (CAR) Part of the collapse of the travel industry. Down to $6.93. Fortune Brands (FO) Poor results dog the stock. Down to $51.59 from 52-week high of $90.80. AMR Corporation (AMR) Another…
KBW, the bank research firms, thinks Bank of America (BAC) will have to raise $10 billion in new capital. Its mix of real estate, LBO, business, and consumer credit debt still faces substantial write-downs.…
The June numbers for domestic vehicles sales were worse than expected. Most of the car companies posted 30% or greater declines in light truck and SUV units. For Ford (F), total units dropped 28.1%…
Whether AT&T (T) makes a lot of money on the new Apple (AAPL) iPhone may not matter to Sprint (S). What does matter is that the market thinks the No.3 cellular provider in the…
AT&T (T) announced its pricing plan for the Apple (AAPL) iPhone today. The plan is extremely confusing. That may make it harder to sell to the average customer, both for those who currently use…
As we’ve pointed out earlier, oil refining is not the business to be in these days. Refiners have been hit hard by skyrocketing crude oil prices because they are unable to pass along those…
A company called Energy Recovery, Inc. is set to come public via an initial public offering this week. If pricing does not occur tonight or in the wee hours of Wednesday morning then the…
Occidental Petroleum (NYSE:OXY) plans to spend $1.1 Billion on a natural gas processing plant and related pipelines. The company expects the enhanced oil recovery (EOR) program to increase it’s Permian Basin production by a…
CIT Group Inc. (NYSE: CIT) is going to be one of today’s winners in the financial services sectors. So it looks as of this morning. The company has sold two home lending units for…
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…