Arctic Cat Inc. (NASDAQ: ACAT) is seeing shares come off the tracks in after-hours trading after the company previewed poor results. The company places the blame on on lower than anticipated all-terrain vehicles sales. …
The International Monetary Fund came late to the mortgage crisis, but they bought the worse news. The IMF said that "Total losses, including the securities tied to commercial real estate and loans to consumers…
First Marblehead (FMD) Fears about student market loans hit company. Down to $4.62 from 52-week high of $45.70. Agria (GRD) COO leaves and annual report delayed. Shares down to $4.03 from 52-week high of…
Today’s March 18 minutes from the FOMC meeting, which already gave us a rate cut and comments about a weak economy, included comments that fed governors were more worried than they led on. The…
Garmin Ltd. (NASDAQ: GRMN) is in a funk, after being in its own funk less than one week ago. Just last week it gave comments to Reuters discussing forward guidance that Wall Street rightfully…
CampusU has filed a registration withdrawal form with the SEC today. The company has filed to withdraw its proposed IPO. You can guess why" "The Registrant has determined, because of unfavorable market conditions, not…
Everyone wants to buy a seat on the board of The New York Times Company (NYT). Morgan Stanley’s asset management arm made a run at it, and they were turned away. Capital Partners and…
John Mack, who has run every investment bank on Wall St, and is now CEO of Morgan Stanley (MS) says the next few quarters will be tough for the financial markets. Mack believes the…
Devon Energy Corp. (NYSE: DVN) has reached an agreement to sell its oil and gas business in Equatorial Guinea to GEPetrol, the African country’s national oil company. The value of the transaction was listed…
Intel Corp. (NASDAQ: INTC) has announced full details for its venture capital arm’s Intel Capital global venture investment activities in China with the launch of a second China investment fund. The Intel Capital China…
Washington Mutual (NYSE: WM) has outlined its details of a financial aid or rescue finance package. The company is raising a total of $7 Billion via direct stock sales to an investment vehicle managed…
Goldman Sachs has issued a call on its asset manager universe, and says it’s time to go on the offensive. Its rating on the group is now attractive. The bulge bracket brokerage leader has…
Nuance Communications, Inc. (NASDAQ: NUAN) has announced a dual-pronged deal this morning. It has signed an agreement to acquire eScription, a provider of computer aided medical transcription technology. The total consideration for this transaction…
These are the top individual analyst calls we are focusing on this Tuesday morning: Apple (NASDAQ: AAPL) Cut to Underperform from Market Perform at Morgan Keegan. Corning (NYSE: GLW) raised to Outperform at RBC…
Michael Dell, CEO of Dell (DELL) predicted that 2008 would be a prosperous and profitable year for the company, even in the teeth of a recession. According to Reuters, the company will "expand its…
Palm (PALM) took a $25 million write-off yesterday due to the falling value of the auction-rate securities on its balance sheet. Diamond, Kaplan, and Rothstein is the first law firm to file suit against…
There are only six companies left with "AAA" ratings from both S&P and Moody’s. The are Automatic Data Processing (ADP), Berkshire Hathaway (BRK), GE (GE), Johnson & Johnson (JNJ), Exxon (XOM), and Toyota (TM).…
The Big Three reason that if they cannot sell enough cars in the US, they can make them here and send them overseas. There new agreement with the UAW and a weak dollar make…
The market for desktop PCs and notebooks gets more competitive by the day. Just ask Michael Dell of Dell (DELL). He has cut more people and plans to shut a facility in his hometown,…
It’s that magic time of the economic cycle, all over again. Investors run screens galore for cheap stocks to hide money in during a consumer and credit recession. One group keeps showing up cheap…