This week we’ll get to see earnings out of home improvement giants Lowe’s Companies Inc. (NYSE: LOW) and Home Depot Inc. (NYSE: HD). Lowe’s Companies Inc. (NYSE: LOW) reports earnings on Monday. First Call…
In a move that should be imitated by large US carriers like AMR (AMR), Delta (DAL), and Northwest (NWA), British Airways will ground part of its fleet to save money because of the rising…
Late word is that Dell (DELL) may team up with interests in the Middle East to buy several companies in the region including a mobile phone company. According to Reuters Tecom in Dubai "said…
Yesterday was a more than interesting day for Starbucks Corp. (NASDAQ: SBUX). The stock rose more than 6% to $17.05 after funds disclosed stakes in the coffee retailing giant. Activist investor Nelson Peltz disclosed…
Saudi Arabia will increase oil production by 300,000 barrels a day, a significant jump. The price of crude should drop sharply when the market opens. According to the FT "Analysts said it was likely…
Banks will post much better earnings as the year goes on. Most of their write-offs are behind them. What else is there on their balance sheets to revise down in value? That thinking is…
Late news out of the economy track system is that the buildings are collapsing all around. After Goldman Sachs (GS) panicked and said that oil would rise to $141, crude immediately spiked to $128…
Economic data, oil prices cause volatile week for stocks Wall Street closed higher Monday, as the U.S. dollar rose and oil prices fell. However, Monday’s gains were lost on Tuesday as, despite a better-than-expected…
Today didn’t look like the normal 52-week low brigade. Usually there is a massive implosion of some sort that took a stock under. Most of these were just more selling trends on news that…
Ascent Solar Technologies, Inc. (NASDAQ: ASTI) is seeing shares under pressure because of its secondary offering. The company priced a secondary offering of 3,800,000 shares of common stock for $14.00 per share. After the…
Del Monte Foods Company (NYSE: DLM) is responding to written reports and confirmed that the company is exploring strategic alternatives for its seafood business, which could include a potential sale of the business. Of…
Carl Icahn is a billionaire financier, activist, and investor. Most think of Icahn as an activist investor that wants to get inside and drive value without having to acquire the whole company to resell…
Pharmacopeia, Inc. (NASDAQ: PCOP) is seeing shares surge in pre-market and at the open of trading today. The company said that PS433540, its first-in-class Dual Acting Receptor Antagonist, showed statistically significant blood pressure reductions…
General Electric Co. (NYSE: GE) has confirmed that it is reviewing strategic options for its Appliances business operations. Three possibilities were noted for the unit: a strategic partnership or joint venture; spin off; or…
Last night was a novel release from the American Society of Clinical Oncology (or ASCO) as the society decided to publish all of the findings to the public at once. Keep in mind that…
These are ten analyst calls we are focusing on in pre-market trading this Friday morning: Anadarko Petroleum (NYSE: APC) Raised to Overweight from Equal-weight at Lehman. Fiserv (NASDAQ: FISV) Raised to Market Outperform from…
The balance of trade between the US and its Arab allies has taken several odd twists since the price oil began to move up sharply last year. The US buys oil at $125 a…
Goldman Sachs (GS), king of the oil bulls, has raised its forecast for oil prices in the second half of this year to $141 from a previous estimate of $107. For those without a…
Oil refiners have decided to produce more diesel and less gas. They believe that diesel is more profitable, which is true, and that demand for it will rise in developing countries, which may not…
Yahoo! (YHOO) and big global ad agency WPP will begin a marketing partnership aimed at better targeting of ads. Yahoo! will give WPP access to the thousand of independent sites on its ad network…