Moody’s cut the credit rating of Countrywide (CFC) to "D" for default, over worries about liquidty. According to Reuters "The downgrade does not reflect Countrywide’s planned acquisition by Bank of America (BAC)." It does…
These are not the only analyst calls impacting stocks, but these are the top analyst calls that 247WallSt.com is focusing on this Friday in pre-market trading: Allegheny Tech (NYSE: ATI) cut to Neutral from…
A decade ago, when there were big problems in the financial markets a very small group of people came in for the fix. E. Gerald Corrigan, a man of massive girth and intellect, ran…
The beatings will continue until morale improves. Motorola (MOT) cut another 2,600 jobs bringing the total since the beginning of last year to 10,000. According to The Wall Street Journal "Motorola, which is struggling…
News Corp (NWS) is likely to miss revenue targets at its internet division, Fox Interactive. According to TechCruch, the company may be short as much as $100 million on its $1 billion forecast for…
Nike Inc. (NYSE: NKE) is one of the ubiquitous brands of today’s world. As long as it keeps doing what it is doing now and as long as it keeps its endorsements strong, it’s…
Now that AT&T (T) and Verizon Wireless have picked up oodles of spectrum at the FCC auctions, investors want to know what all that money went for. The answer is that both companies plan…
The management at Northwest (NWA) knows when it is in a pickle. Fuel prices are moving up and passenger traffic is likely slowing as the recession keeps people off airplanes. The only way to…
Vista, the new OS from Microsoft (MSFT) was supposed to be so good that every customer and business using Windows would want to upgrade as soon as possible. But, a number of critics of…
Microsoft (MSFT) and Yahoo! (YHOO) management met this week to discuss a possible merger. Redmond made it clear that it would not raise its bid, according to The Wall Street Journal. Everyone left the…
According to Reuters,US non-farm pay-rolls are likely to fall by 60,000. Reuters reports that Fed official are playingt down rate cut expectations. Reuters writes that the ex-ceo of UBS (UBS) wants to breakup the…
Many markets in Asia were closed for a holiday. The Nikkei was down.7% to 13,293. Honda (HMC) was down 5.2% to 2920. KDDI was up 3.1% to 664000. Docomo (DCM) was down 2.5% to…
Housing prices are down across the US. Perhaps it is appropriate that it is in the world’s capital of gambling that they are down the most. According to Bloomberg, home prices in "Las Vegas…
Revenge is a dish best served cold. The former CEO of UBS (UBS), pushed out by the bank’s current chairman, has suggest that the huge financial firm be broken up. According to The Wall…
After 24/7 Wall St. published the Twenty-Five Most Valuable Blogs we decided to look at some niche content sites which compete with blogs and should have similar valuation data. Sugar, Inc runs seventeen websites.…
Lawson Software (NASDAQ: LWSN) may be in a strange spot now as the enterprise software and consultant firm issued earnings. The company posted earnings of $0.08 EPS on a non-GAAP basis on an 11.3%…
Pilgrim’s Pride (PPC) Rising commodities prices will pinch margins. Falls to $18.51 from 52-week high of $41. Superior Offshore (DEEP) Still concerns about solvency. Down to $1.15 from 52-week high of $19.58. Equity Media…
After looking through the filing and press release regarding Dendreon Corporation (NASDAQ: DNDN), there are some interesting data points that could be a game changer for current and future investors. The company raised roughly…
Sometimes it takes experts a quarter or two to catch up with the real world. The American Bankers Association reports that during the fourth quarter of last year consumer credit payments fell behind more…
Garmin Ltd. (NASDAQ: GRMN) already saw the wrath of traders today after its CFO told Reuters in an interview that the revenue drop on a sequential basis (quarter/quarter) would see a drop of 40%…