comScore reports that eleven billion videos were watched in the US in April. Of those 4.2 billion were watched on Google (GOOG) sites, which mean YouTube. No one on Wall St. thinks YouTube makes…
It looks like Joe Public isn’t the only one who thought oil and gas prices were through the roof. It seems that some of the big boys started locking-in prices that seemed extremely high. …
Goldman Sachs (GS) announed EPS of $4.58, higher than consensus expectations of $3.42. Revenue also beat coming in at $9.42 billion against Wall St.’s guess of $8.74 billion. Net revenues in Investment Banking were…
Best Buy Co, Inc. (NYSE: BBY) has just posted earnings. The electronics retail giant posted $0.43 EPS on $8.99 Billion in revenues. First Call had estimates of $0.37 EPS on $8.587 Billion in revenues. …
Answers Corporation (NASDAQ:ANSW) has entered into agreements for a private placement to raise cash up to $13 million via the sale of convertible preferred stock and warrants to Redpoint Ventures. Thomas Weisel Partners LLC…
These aren’t going to be the only impact analyst calls this Tuesday morning, but these are ten of the calls we are focusing on very early this morning: BMC Software (NYSE: BMC) Started as…
Apple (AAPL) has agreed to license "visual voicemail" technology from Klausner Technology. The introduction of the new Apple iPhone is unlikely to hurt profits at Research-In-Motion (RIMM), according to Alley Insider. As a matter…
In the UK, inflation was up enough in May to put the annual run-rate at 3.3% The Bank of England promptly took a look at those numbers and said inflation in the second half…
Belgian newspaper De Standaard has reported that Warren Buffett is prepared to throw the Busch family under the bus and support the InBev offer to buy Anheuser-Busch for $46 billion or $65 a share.…
After some deals in Asia overnight, Yahoo! now claims that its search feature is on 600 million phones. According to Reuters, "the mobile advertising market is expected to rise to $16.2 billion in 2011…
Disney (DIS) has recruited another clueless child, whose parents are undoubtedly surfeited with the idea of becoming multimillionaires, to be its next multimedia star. The new member of Disney’s stable is Demi Lovato, who…
Accoriding to MarketWatch, Belgian newspaper De Standaard reports that Warren Buffett support a takeover of Anheuser-Busch (BUD) by InBev. According to Reuters, economists think the PPI will rise 1%. Reuters writes that a key…
Markets in Asia were mostly lower. The Nikkei fell a fraction to 14,348. Mazda fell 3.5% to 584. NEC rose 2.5% to 583. The Hang Seng dropped .4% to 22,947. China Netcom (CN) rose…
Alcatel-Lucent (NYSE: ALU) announced after the close that it has signed a $1 Billion (one billion dollars) framework agreement for 2008 with China Mobile where it will provide mobile communication equipment and services to…
It hasn’t even been a week, and it appears that the proposed acquisition where Pier 1 Imports, Inc. (NYSE: PIR) wants to acquire the operations of Cost Plus Inc. (NASDAQ: CPWM) is going to…
What sort of would it be if you could only bet on sporting events by the results only? Who knows how much the bets were on the actual match going into sudden death today,…
Adobe Systems Inc. (NASDAQ: ADBE) has reported it earnings after the close. The software maker posted $0.40 net EPS and $0.50 non-GAAP EPS on $886.9 million in revenues, and both were above First Call…
Pilgrim’s Pride (PPC) Downgraded by Credit Suisse. Down to $15.67 from 52-week high of $41. Pepsi Bottling Group (PBG) Still troubled by problems at one of Coke’s bottlers. Down to $29.22 from 52-week high…
A fed filing today from FRANKLIN RESOURCES INC. (NYSE: BEN) indicates that Chairman of the Board Charles Johnson sold 400,000 on June 13 in two transactions at $104.78. The value of the transaction before…
Just when you thought alternative energy and solar couldn’t get hyped any more by any new players, well guess again. Intel Corp. (NASDAQ: INTC) announced it is spinning off key assets of a start-up…