If you have ever seen a video game company go on the defensive in staying independent or by demanding much more money, you are seeing it over at Take-Two Interactive Software, Inc. (NASDAQ: TTWO).…
Oppenheimer’s Meredith Whitney is currently the most followed bank and financial firm analysts on Wall Street. We don’t normally like to review analyst calls that are not fresh calls from the same day, but…
Motorola (NYSE: MOT) today announced that it would break itself into two pieces. The move is an acknowledgment that it cannot sell its money-losing handset business and that the unit may be worth very,…
These are the top analyst upgrades and downgrades that 247WallSt.com is focusing on in pre-market trading this Wednesday morning: Aircastle (NYSE: AYR) Downgraded to Neutral from Overweight at JPMorgan. ArcSight (NASDAQ: ARST) started as…
Over the last three months, shares in Research In Motion (NASDAQ: RIMM) are down less than 5%. Apple’s (NASDAQ: AAPL) are off over 30%. There have been some concerns about the sale of iPods,…
Markets in Europe were slightly lower at 6.35 AM The FTSE was off .3% to 5,673. Lonmin was up 2.6% to 3104. Kingfisher was up 3.4% to 138.4. The DAXX was down .2% to…
Baxter (NYSE: BAX) is probably retaining more lawyers. So far nineteen people have died from tainted Heparin, a blood-thinner. BAX is one of the largest marketers of the drug. According to The Wall Street…
When the global handset market goes South a number of companies get bombed. The worst goes to the handset companies themselves. That is not good news for Motorola (NYSE: MOT). Chip companies also get…
Goldman Sachs says that write-downs for subprime mortgage paper, LBOs, credit cards,and other bad paper could hit banks and brokerages for $460 billion. That is almost three times the write-offs taken by financial firms…
The phone companies came up with a "cable slayer" when they went into the market with fiber-to-the-home. Suddenly they could deliver ultra-fast broadband and 500 channel TV. They have high def to boot. Cable…
The Wall Street Journal was good enough to point out that the stock market now trades where it did in 1999. This puts investors in a similar place to where they were in the…
Steve Jobs of Apple (NASDAQ: AAPL) used to be the big "$1 a year" salary guy. Now the privilege falls to Eric Schmidt, Sergey Brin, and Larry Page at Google (NASDAQ: GOOG) all of…
According to Reuters, Comcast (CMCSA) and Time Warner Cable (TWC) are in talks to fund a wireless venture to be operated by Clearwire (CLWR) and Sprint (S). Reuters writes that new home sales probably…
Markets in Asia were mixed. The Nikkei fell .3% to 12,707. NTT (NTT) rose 2.8% to 444000. Toyota (TM) fell 1.5% to 5260. The Hang Seng rose .9% to 22,674. China Netcom (CN) fell…
MoneyGram International, Inc. (NYSE: MGI) has completed its recapitalization that was led by affiliates of Thomas H. Lee Partners and Goldman Sachs (NYSE: GS). Here is a breakdown of how the financing pact looked:…
24/7 Wall St. had a chance to interview Steve Ballmer, CEO of Microsoft (NASDAQ: MSFT) on a few subjects including why some large companies were late to the search business, his view of how…
Legendary oil investor and magnate T. Boone Pickens has been on CNBC this morning making comments on the current oil environment and current pricing. As far as his prior call for "$10 off" he…
The Conference Board’s Consumer Confidence Index has just posted another large decline. The March readings came in at 64.5, which is well under what we had listed as 73.0 consensus estimates from Wall Street…
Liberty Lane Acquisition Corp., another special purpose acquisition company, or SPAC, has filed to come public via an initial public offering of $350 million in units. Each unit will come with one share and…
Monsanto (NYSE: MON) has just raised its guidance for earnings per share and for free cash flows. The company is now projecting $3.15 to $3.25 EPS for fiscal-2008 targets, up from its prior guidance…