There is an interesting report out of ChangeWave, which shows that higher prices combined with tighter consumer pocketbooks are driving customers significantly. A large-scale movement to discount retailers driven by skyrocketing inflation concerns and…
The latest earnings news is a clear and definite indicator that the earnings damage from the current slowdown is unlike to take prisoner. Crocs (NASDAQ: CROX), the maker of odd-balls shoes and a former…
According to Bloomberg "U.S. foreclosure filings jumped 57 percent and bank repossessions more than doubled in March from a year earlier as adjustable mortgages increased and more owners gave up their homes to lenders."…
From Reuters, a list of the ten reasons that investors should put money into US equities: 1) Investor and consumer sentiment measures are very pessimistic, which often marks the bottom of equity market falls.…
Google (NASDAQ: GOOG) has set its sights on being the No.1 search engine in China. It will have to get ahead of the top search company there, Baidu (NASDAQ: BIDU), which has 60% of…
There was an interesting call that came out late yesterday in the alternative energy and green energy sector regarding Capstone Turbine Corp. (NASDAQ: CPST). Lazard Capital Markets has been positive on this one and…
Nissan and Chrysler will begin joint production of some cars and trucks. It makes sense. Nissan produces small, fuel-efficient cars and the US company is the past master of building pick-ups. So, like Jerry…
These are the early-bird calls that we are looking at pre-market this Tuesday morning ahead of the earnings deluge that is about to start: Blockbuster (NYSE: BBI) Cut to Neutral at JPMorgan. Diamond Offshore…
S&P could pull the "AAA" credit rating of the US government. Hard to imagine. If the US has to bail out Fannie Mae (NYSE: FNM) and Freddie (NYSE: FRE), the consequences could be awful.…
Wal-Mart (NYSE: WMT) has hired a new man to help it move into Russia and Eastern Europe. These are two of the large developed regions where the world’s largest retailer has made few in-roads.…
Aside from the tireless speculators and falling dollar, oil prices do seem to be rising because due to fear of falling demand. Mexico says it may ship less crude. Now Russia says its oil…
Who would have imagined that the Delta (NYSE: DAL) merger with Northwest (NYSE: NWA), which was announced yesterday, could be scuttled by a merger of Continental (NYSE: CAL) and United (NASDAQ: UAUA)? Most Wall…
A look at the Washington Mutual (NYSE: WM) and Wachovia (NYSE: WB) deals to raise more capital indicates that other banks and brokerages are looking at below-market deals if their Q1 numbers are light.…
It is one thing for Citigroup (NYSE: C) to sell $12 billion in leveraged corporate loans to private equity firms and even lend part of the money for the transactions. It is another for…
CDOs and other derivative instruments are often huge collections of securities broken into tranches, some of which are much more risky than others. Institutional investors are now trying to pry the more valuable pieces…
According to TechCurnch Time Warner’s (NYSE: TWX) AOL has bought blog aggregation company Sphere for $25 million. The report says that Sphere "adapted to the changing market and focused on delivering blog results relevant…
According to Reuters, Northwest (NWA) and Delta (DAL) will merge to create the world’s largest airline. Reuters writes that the profit at Bear Stearns (BSC) fell 79%. Reuters reports that Continental (CAL) and United…
Markets in Asia rose modestly. The Nikkei was up .6% to 12,991. Casio was up 2% to 1352. Hitachi was up 1.8% to 640. The Hang Seng rose .5% to 23,919. China Life (LFC)…
Try to get a Starbucks (NASDAQ: SBUX) at 3 AM. No such luck. But, according to data given to us by McDonald’s (NYSE: MCD), more than 30% of its 13,700 US stores are up…
Carpenter Technology (CRS) Company only manages to hit low end of guidance. Drops to $48.10 from 52-week high of $79.66. Blockbuster (BBI) Bid for Circuit City (CC) sends investors running for the exits. Down…