AMR Corp. (NYSE: AMR) has come out with many projections today in a filing. The company is out at the Merrill Lynch Global Transportation Conference. Second quarter mainline unit revenue is expected to increase…
PricewaterhouseCoopers released it annual media forecast, and perhaps they should have saved their money. Anyone could have guessed the results. According to Reuters, the report says "advertising tied to the burgeoning interest in watching…
Panera Bread Company (NASDAQ: PNRA) is issuing some mixed guidance this morning, although shares are reacting favorably to the news. The company is increasing its second quarter 2008 earnings per diluted share target to…
May ad revenue for The New York Times Company (NYT) was off almost 13%. The company’s properties in Boston, including the Globe had a 17.7% advertising fall-off. Internet revenue for the newspapers grew slower…
The original headlines are showing the huge losses at FedEx Corp. (NYSE: FDX), but this is actually because of charges over at Kinko’s as its reverts to the full FedEx center name and restructuring…
Wall St. is selling off Morgan Stanley (MS) before the open on weak earnings. Shares are down over 3% MS reported income from continuing operations for the second quarter ended May 31, 2008 of…
Hewlett-Packard (NYSE:HPQ) is expanding its strategic collaboration in virtualization with VMware (NYSE: VMW) to introduce new integrated software offerings. The aim here is to more easily assist customers to seamlessly automate the management of…
These are ten of the analyst calls we are focusing on early this Wednesday morning in pre-market trading: ASM Intl NV (NASDAQ: ASMI) raised to Buy at Jefferies. BorgWarner (NYSE: BWA) Raised to Overweight…
With the trading year almost half over and results from the first quarter out, 24/7 Wall St. has created the latest installment of its Ten Worst Managed Companies In America list. This analysis is…
Apple’s (AAPL) stock price may just keep going up. New evidence indicates that, while iPod sales growth is slowing, Mac and iPhone sales could more than make up for that difference. One brokerage counted…
Steven Spielberg and his friends at movie studio Dreamworks are in the process of raising $500 million to $600 million from India’s Reliance ADA Group. Dreamworks is now part of the Paramount operations of…
SUV sales are at record levels in China. Driving one of the beasts is considered a status symbol, the way it used to be in the US. With gas at $4 a gallon, filling…
According to Reuters, Staple (SPLS) has received EU approval for a takeover of Corporate Express. Reuters writes that DreamWorks is in conversations with India’s Reliance. The deal would allow top management at the studio…
Markets in Asia were mostly higher. The Nikkei rose .7% to 14,453. Olympus rose 3.3% to 3750. Toyota (TM) rose 1.3% to 5670. The Hang Seng rose 1.5% to 23,397. China Life (LFC) rose…
Gannett (GCI), the country’s largest newspaper company posted its revenue for the May period. Advertising revenue dropped 14.3% to $347 million. This was an acceleration from the year-to-date rate of decrease of 11%. Real…
Late news from the bank and airline industries found analysts in surly moods. Goldman Sachs issued a report saying US banks will have to raise as much as another $65 billion. According to Reuters,…
The Colonial BancGroup (CNB) Concerns about balance sheet. Down to $4.12 from 52-week high of $25.50. Wachovia (WB) The bigger the bank, the harder its falls. Drops to $16.96 from 52-week high of $54.54.…
Navios Maritime Acquisition Corporation is a special purpose acquisition company, or SPAC/Blank Check company, that has filed to come public via an IPO. It has filed to sell some 22,000,000 units, with each unit…
The Toronto Stock Exchange has granted a final approval for an emerging potash player to list its shares on the TSX. Potash One Inc. will trade under the ticker "KCL" on the TSX starting…
Everyone wants to know if speculators are driving up oil prices. The answer from the speculators is "No, absolutely not! (wink, wink)" when they are asked. The Senate Energy and Natural Resources Committee held…