The Fed could raise rates to make the consumer feel better. Lowering rates has not helped him. As the agency has cut interest rates to moderate the credit crisis, banks and brokerages have been…
The market took the UPS (UPS) news hard. High fuel prices and slowing customer demand made the company cut its earnings forecasts, just as rival Fedex (FDX) did a week ago. According to MarketWatch:…
There is no more such a thing as "interest free" car loans than there is Big Foot in the northern forests. There may be tracks in the snow, but, out beyond the tree-line, there…
According to Reuters, a proposal from the SEC would cut the role of credit rating agencies. Reuters writes that United (UAUA) will lay-off 950 pilots. Reuters reports that GM (GM) will cut truck output…
Markets in Asia were mixed. The Nikkei was down a fraction to 13,850. Nippong Steel was down 2.5% to 565. Sony (SNE) was down 1.4% to 5000. The Hang Seng was off .7% to…
Gushan Environmental Energy Limited (NYSE: GU) has filed to sell up to $100 million in ordinary shares, which it notes as having a HK$0.0001 par value (HONG KONG). This notes that selling shareholders are…
Shares of Amazon.com (NASDAQ: AMZN) are trading lower in after-hours trading. The company hasn’t issued any new news, but the problem is that United Parcel Service (NYSE: UPS) gave an earnings warning. The tie…
United Parcel Service, Inc. (NYSE: UPS) is currently halted on NYSE trading. Big Brown decided it better follow the lead of FedEx Corp. (NYSE: FDX) and come clean with an earnings warning. You can…
Telik (TELK) Someone selling out of the stock in big numbers. A mystery wrapped in an enigma. Down to $1.24 from 52-week high of $4.96. Circuit City (CC) Still selling off after big loss.…
One of the head investment strategists at Merrill Lynch thinks the stock market is heading lower, perhaps much lower. "The Standard & Poor’s 500 Index has never reached a low within the first three…
SunPower Corporation (NASDAQ: SPWR) price of its common stock on at least 20 of the last 30 trading days during the fiscal quarter ending June 29, 2008 has equaled or exceeded $70.94, which represents…
Reuters has run a piece this morning commenting from an email interview from the Reuters Singapore desk with questions to John Rice, chief executive and vice chairman. The conglomerate is maintaining a 10% to…
These are ten of the analyst calls we are focusing on this Monday morning in the early pre-market trading hours:Assured Guaranty Ltd. (NYSE: AGO) started as Buy at UBS.Broadcom (NASDAQ: BRCM) started as Neutral…
Google (GOOG) is trying to get out a bunch of wireless handsets with its Android software. But, log-jams and competing agendas are hurting that. The first products were supposed to to be out in…
Nokia (NOK) will join the scores of consumer electronics companies which have lost billions of dollars on the Hollywood walk of fame. It is not enough that Nokia has 40% of the global handset…
Bunge (BG), which has a big business in finished corn products, is buying Corn Products International (CPO) for $4.4 billion. CPO’s name pretty much says how it makes its money. The price is a…
Google (GOOG) is now the US company with the highest reputation, at least according to the annual Harris Interactive Reputation Quotient poll. According to Reuters, "Largely for its reputation for treating workers well, Google…
The two largest online social networks are Facebook, which is a private company, and MySpace, which is owned by News Corp (NWS). MySpace has always been the larger property. Facebook was a distant second,…
The last round of earnings for Wall St. firms showed that the financial industry was in bad shape and getting worse. That has been followed by news that the brokerage executives who said in…
Stocks mixed on oil, financials, and economic data this week Wall Street started the week mixed, as the lower price of oil was overshadowed by weak economic news. The financial sector put pressure on…