Starbucks began the rocky phase of its relationship with Wall St. when its former CEO said that the company would eventually have 40,000 outlets. It had well under half of that when the prediction…
Pimco, the huge bond manager, is doing just fine during the financial meltdown. It probably avoided putting money into risky mortgage-backed paper. As the national credit crisis got worse, investing in bonds became more…
Most research from Gartner, IDC, and Yankee Group, firms which follow tech trends, shows that people do not want to watch video on their phones. The picture quality is awful. No one can see…
According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks. Reuters reports that Starbucks (SBUX) will sharply cut the number of stories it plans…
A WVFC interview with Deutsche Bank’s Karen Weaverby Elaine Lafferty We kept hearing about this woman named Karen Weaver, a top Wall Street analyst, who correctly sounded the alarm three years ago about the…
There is an interesting call after First Solar Inc. (NASDAQ: FSLR) blew past earnings expectations and guidance today. Lazard Capital Markets alternative energy analyst, Sanjay Shrestha, has reiterated his BUY rating on the stock. …
Today almost feels like the "March of Biotech-inguins" because most of the movers were small companies you might otherwise miss. Here were the big movers: Barrier Therapeutics (NASDAQ: BTRX) ran way up after first…
Cablevision (CVC) is apparently looking at buying Long Island newspaper Newsday with Jared Kushner, a rich youngster who owns the tiny weekly The New York Observer. As far any anyone knows, the Observer has…
Luminent (LUM) Company proposes to restructure. Shares down to $.24 from 52-week high of $10.78. Reynolds American (RAI) Falling profit and lower guidance. Drops to $52.17 from 52-week high of $72. International Paper (IP)…
XM Satellite Radio (NASDAQ: XMSR) and SIRIUS Satellite Radio (NASDAQ: SIRI) have just announced that both companies have agreed not to exercise their rights to terminate the proposed merger agreement based on today’s date. …
Today, Bernanke & Co at the FOMC gave us their rate decision. The FOMC has decided to the Fed Funds Rate 0.25% to 2% and the Discount Rate by 0.25% to 2.25%. As far…
Exxon Mobil Corp. (NYSE: XOM) has just given another vote of confidence on higher oil prices, or so it would seem. "BIG OIL," or dare we say "Standard Oil," has announced that it was…
Hewlett-Packard (NYSE: HPQ) has announced that researchers from its own research facility in HP Labs have proven the existence of the theoretical "fourth fundamental circuit element" in electrical engineering. H-P said that this advancement…
Echo Global Logistics filed with the SEC for an IPO today. The filing shows a maximum aggregate offering of $100 million. They have applied to trade on the NASDAQ Global Market under the symbol…
Not everyone believes that Citigroup’s (C) current stock sale of $4.5 billion will end the large bank’s need for capital. Oppenheimer analyst Meredith Whitney thinks that ongoing problems at the firm will lead it…
Double Hull Tankers (NYSE: DHT) priced its 8 million common share public offering at $10.50 per share Tuesday evening. This was very fast compared to its filing date After discounts and fees, the double…
This morning we have some key earnings from the likes of National-Oilwell Varco (NYSE:NOV) and Hess Corporation (NYSE:HES), and it wouldn’t be fair to pint out the solar earnings competition from First Solar, Inc.…
The reading for Q1-2008 GDP is out, and it’s no real surprise that GDP managed to show a small gain of +0.6% on the advance and preliminary number. Bloomberg had noted a +0.5% Q1…
There may be one of the stranger mergers out there today in Internet land, as United Online, Inc. (NASDAQ: UNTD) is acquiring FTD Group, Inc. (NYSE: FTD) in a merger valued at some $800…
Garmin Ltd. (NASDAQ: GRMN) posted first quarter earnings that were off the mark. The GPS leader posted a profit gain of 6% to $147.8 million, or $0.69 EPS, on revenues of $663.8 million. First…