American International Group (NYSE: AIG) showed a wider-than-expected loss for the quarter. More importantly, it plans to raise more than $7 billion to buttress its balance sheet. Its net loss was -$3.09 per share,…
Shares of NVIDIA Corp. (NASDAQ: NVDA) are getting to see some pressure after its earnings report. The graphics giant reported net income of $176.8 million which generated $0.30 EPS, which compares with income of…
Charter Communications, Inc. (NASDAQ: CHTR) has announced a new gimmick tying the coming tax checks with the high gas prices. The company said that new and current customers can stretch their tax rebates with…
Barr Pharmaceuticals (BRL) Says business pace is falling off. Down to $37.40 from 52-week high of $58.38. Tesoro Corporation (TSO) Broker downgrade. Dips to $22.92 from 52-week high of $65.98. Playboy Enterprises (PLA) Earnings…
Colfax Corporation (NYSE: CFX) is seeing a huge reception after its hot IPO came to market today. This IPO priced its shares at $18.00 for an amount of 18,750,000 shares. This was above the…
"Let’s get on down to the main attraction, With a little less talk and a lot more action."–Elvis AMD (AMD) CEO Hector Ruiz makes a few promises a year and keep none of them.…
NVIDIA Corporation (NASDAQ: NVDA) is set to post earnings right after the close today. First Call has estimates pegged at $0.38 EPS on $1.15 Billion in revenues. As far as next quarter, estimates are…
Gomez, Inc. has filed its intention to come public via an initial public offering. For filing purposes, it has filed to sell up to $80.5 million in common stock. Gomez will also take the…
In the 1990’s, carbon certificate trading was mostly unheard of. This has also been largely untapped by American companies and by the American public. Until Now. The New York Mercantile Exchange, Inc., the subsidiary…
After a period of deep concern by Apple (AAPL) investors, when the stock fell from $194 at the beginning of the year to $121 in early February and then languished for two months, the…
Who thought generics could ever look so bad? This morning, Barr Pharmaceuticals (NYSE: BRL) has posted very poor numbers. The company posted $0.57 EPS, far under the First Call consensus of $0.79. Revenues rose…
El Paso Corporation (NYSE:EP) has reported earnings of $0.29 EPS on net income of $219 million and revenue of $1.269 billion for the first quarter of 2008. Analysts were expecting $0.30 EPS and revenue…
Vonage Holdings Corp. (NYSE: VG) reported that first quarter revenue rose by 15% to $225 million. The company also generated an adjusted operating income of $8 million, while its net loss narrowed to $9…
These are ten of the analyst calls we are focusing on this Thursday morning in pre-market trading: Boston Beer Co. (NYSE: SAM) cut to Neutral at HSBC Securities. Clearwire (NASDAQ: CLWR) cut to Sell…
McDonald’s Corporation announced today that global comparable sales increased 5.0% in April and 6.8% year-to-date. Systemwide sales for McDonald’s worldwide restaurants increased 13.7% in April, or 6.5% in constant currencies. U.S. comparable sales rose…
Wal-Mart (WMT) continued to amaze. How does the world’s largest retailer grow faster than almost all of its competition? For the month of April, Wal-Mart’s sales were up 9.8% to $29.8 billion. International sales…
Markets in Europe were off at 6.45 AM New York time. The FTSE was down .2% to 6,252. Barclays (BCS) was off 2.5% to 463.25. Unilever was up 3.9% to 1727. The DAXX was…
AMD (AMD) is going to offer the world more powerful chips for servers and PCs. It is not enough that it and Intel (INTC) have hardware with four cores, or processors, to do Herculean…
George Soros has taken the unpopular side of many economic bets over the years. He has not only lived to tell the tales. He has made himself and his investors untold billions of dollars…
Since the government is blamed for all ills and catastrophes it should be praised for the good and right that it does. The SEC said yesterday that brokerages could not keep the dirty little…