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…
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…