Synchronoss Technologies, Inc. (NASDAQ: SNCR) has announced that its ConvergenceNow platform has been selected for the activation and lifecycle management of Time Warner Cable’s (NYSEL TWC) triple play offering for online transactions. While financial…
These are ten of the individual analyst calls we are looking at from Wall Street this Thursday morning: Capstone Turbine Corp. (NASDAQ: CPST) started as Buy at Broadpoint Capital. Check Point Software (NASDAQ: CHKP)…
These are some of the calls in the financial sector that are impacting shares at major financial companies this Thursday morning: Barclays (NYSE: BCS) Raised to Overweight at Morgan Stanley. Citigroup (NYSE: C) downgraded…
The Fed sat still yesterday. It could not decide which was worse, inflation or the slowing economy. It tried to play Solomon and offered to cut the baby in two. It did not see…
Three years ago, rating firms like Moody’s were talking about the chances that one of the "Big Three" automakers might have to file Chapter 11. That seems like a long time ago. The cause…
Wall St. focused on earnings forecasts from Oracle (ORCL) and RIM (RIMM) and thought the numbers were a bit light. That turned traders against the shares of both companies, but that is a mistake.…
Goldman Sachs researchers have decided that Citigroup (C) could lose another $9 billion in the second quarter. The big money center bank does not have that kind of capital on hand. According to Reuters,…
Anheuser-Busch (BUD) is threatened by an InBev takeover like its home city of St. Louis is menaced by the rain-swollen Mississippi. But, BUD took its first step to save itself by rejecting InBev’s $46.3…
According to Reuters, Anheuser-Busch (BUD) will reject a $46.3 billion buy-out from InBev. Reuters writes that Oracle (ORCL) posted strong earnings but its outlook was light. Reuters reports that RIM (RIMM) has an excellent…
Markets in Asia were mixed. The Nikkei fell a fraction to 13,822. Honda (HMC) fell 2.1% to 3750. KDDI fell 2% to 655000. The Hang Seng fell .3% to 22,573, China Netcom (CN) fell…
Word from several media sources is that Anheuser-Busch (BUD) will turn down a $46.4 billion offer from InBev. The offer had pushed BUD shares as high $62.72. In the previous five years, the stock…
Nike Inc. (NYSE: NKE) posted its quarterly and fiscal earnings, with a fiscal gain of 14% in revenues, a 28% EPS gain, and a future orders gain of 11%. For the quarter, Nike posted…
Just when you thought home furnishings and knick knack sales were soft, Bed Bath & Beyond Inc. (NASDAQ: BBBY) came and saved the day. The company posted diluted earnings of $0.30 EPS on revenues…
Research in Motion Ltd. (NASDAQ: RIMM) posted disappointing earnings today and shares are paying for it. The smartphone giant posted $0.84 EPS on $2.24 Billion in revenues. The First Call estimates were $0.85 EPS…
Oracle Corp. (NASDAQ: ORCL) reported earnings after the close of trading today. Its earnings were $0.47 non-GAAP EPS on $7.2 Billion revenues. The First Call estimates for the enterprise software giant were $0.44 EPS…
Boeing (BA) Hit by broker downgrade on fears of order cuts from troubled airlines. Down to $69.16 from 52-week high of $107.83. American Greetings (AM) Happy card company gets beat up on poor earnings.…
The esteemed Ken Heebner of CGM Funds came on CNBC after the coin toss announcement from the FOMC today and he has defended and reiterated his strong and solid views on Petroleo Brasileiro (NYSE:…
Oracle Corp. (NASDAQ: ORCL) reports earnings after today’s close, but it is getting the same amount of attention as an ant across the field. While everyone is focused on R-I-M, this is the stock…
Today we saw the FOMC decision on rates, but the focus was more on the statements and wording than the unchanged Fed Funds Rate of 2.00% and a Discount Rate of 2.25%. Downside risks…
Traders and investors alike are impatiently awaiting earnings out of smartphone giant Research-in-Motion Ltd. (NASDAQ: RIMM) today after the close. The entire cell phone and electronic gadget market may be paying attention to this…