The Wall Street Journal has reported that The Blackstone Group LP (NYSE:BX) will invest some $500 million into a new pipeline company, Crestwood Midstream Partners LLC. Crestwood was formed in December 2007, with an…
Monsanto Co. (NYSE: MON) has just reported its quarterly earnings report. The agriculture and seed giant has posted $1.45 EPS on $3.588 Billion in total sales. First Call had estimates at $1.34 EPS on…
MasterCard Incorporated (NYSE: MA) has just announced it has reached an agreement to settle its outstanding litigation with American Express (NYSE: AXP). The company says the tax-affected net present value of the settlement will…
Williams Companies, Inc. (NYSE: WMB) has just increased its earnings guidance for 2008 and 2009. Its 2008 consolidated recurring segment profit guidance to a range of $3.1 to $3.65 Billion and $2.30 to $2.80…
These are not all of the calls we are seeing in pre-market coverage, but these are ten of the calls impacting shares this Wednesday morning: Allied Capital (NYSE: ALD) Started as Underweight at JPMorgan.…
Wall St. is getting nervous that RIM (RIMM) could lose its luster as it moves from providing handsets for business into the consumer market. Apple (AAPL) is sitting there along with Nokia (NOK) and…
Ever since he lost out on a bid to take control of GM (GM), Carlos Ghosn has seemed a bit punchy. His golden touch at Nissan and Renault have failed him. The companies are…
Boeing (BA) has demonstrated that it cannot get its big planes to market on time. It has delayed its 787 Dreamliner three times. Customers are angry and may actually ask for compensation. The problems…
The market was happy to see Barclays (BCS) raise nearly $8.9 billion. The stock traded up in London. No one seems to care that the need for capital meant the firm was running out…
Frank Mozilo, founder and CEO of Countrywide (CFC), is almost universally viewed as a thug and miscreant. It will be left to the celestial authorities whether he eventually goes to heaven or purgatory. But,…
Based on data from Nasdaq as of June 13, short sellers made heavy bets against tech stocks. Many investors clearly think the sector is not immune from the current economic downturn. The short interest…
According to Reuters, the Fed is seen as holding rates on fears of inflation. Reuters writes that the CEO of Nissan is bracing for the worst in the US. Reuters writes that Hilton will…
Markets in Asia were mixed. The Nikkei fell .1% to 13,830. Konica Minolta was down 3.5% to 1871. NTT (NTT) was up 1.2% to 506000. The Hang Seng rose 1.1% to 22,699. China Life…
Sonic Corp. (NASDAQ: SONC) has come out after the close with reduced guidance. The outdoor drive-up burger chain is feeling the pinch from raw materials costs, labor costs, food costs, transport costs, and probably…
StemCells Inc. (NASDAQ: STEM) has filed a mixed securities shelf registration that will allow the company to raise up to $100 million in securities sales via any combination of stock, debt, preferred stock, and…
Evergreen Solar, Inc. (NASDAQ: ESLR) came out after the close of trading today with the announcement that it filed a shelf registration statement to sell $300 million in senior convertible notes due 2013. Lehman…
3Com (COMS) posted numbers for its fiscal year. Revenue in the quarter was $321.3 million compared to revenue of $310.9 million in the corresponding period in fiscal 2007, a 3 percent increase. For the…
UPS (UPS) Cuts earnings forecasts. Down to $62.18 from 52-week high of $78.99. R H Donnelley (RHD) Big printer up against fall in demand and high costs. Sells off to $3.19 from 52-week high…
Monsanto Co. (NYSE: MON) is set to report earnings on Wednesday morning pre-market with a conference call to follow at 9:30 AM EST opening bell. The seed and agricultural giant is expected to see…
NYSE Euronext (NYSE Euronext: NYX) has signed a strategic partnership with the State of Qatar in a bid that may transform the Doha Securities Market. The visibility is aimed to make Doha’s market an…