Goldman Sachs is making an aggressive call on Electronic Arts, Inc. (NASDAQ: ERTS) in the video game sector this morning. The brokerage firm has added Goldman Sachs to its CONVICTION BUY LIST. It sees…
JP Morgan estimates that junk bonds have lost almost 4% of their value since the beginning of the year, or $35 billion. The largest losses are at OppenheimerFunds, Fidelity, and John Hancock. The debt…
Lazard Capital Markets’ Sanjay Shrestha, who covers alternative energy and infrastructure for the firm, has come out and maintained his Buy ratings on many key solar stocks this morning. The catalyst is ahead of…
It seems that Goldman Sachs is sticking by its negative call in Sirius Satellite Radio (NASDAQ: SIRI), except that the call went from cautious to very negative in tone. Goldman Sachs has added the…
These are the top analyst upgrades and downgrades that 247WallSt.com is focusing on in pre-market trading this Tuesday morning: Capital One (NYSE: COF) downgraded to Underperform at FBR. CIGNA (NYSE: CI) raised to Outperform…
Microsoft (NASDAQ: MSFT) is predicting that the number of smartphones will move up to 400 million handsets in the next three years. It expects that its share of mobile operating systems will rise at…
GE (NYSE: GE) is considering buying up to fifity Boeing (NYSE: BA) 737 jets to lease to airlines. According to Bloomberg "The order may be valued at as much as $3.53 billion, based on…
The Department of Justice has now cleared the deal for Sirius (NASDAQ: SIRI) to merge with XM Satellite Radio (NASDAQ: XMSR). The reaction was muted. Sirius stock rose to $3.15. It was nearly $8…
It now appears imminent. Ford (NYSE: F) will sell its Jaguar and Rover brands to India’s Tata Motors. According to the FT, "The sale is expected to have a price tag of about $2bn…
Markets in Eruope rose sharply at 4.40 AM New York time. The FTSE was up 3.3% to 5,678. Barclays (NYSE:BCS) was up 10.2% to 472.75. Lloyds ws up 7.1% to 465. The DAXX rose…
According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR). Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took a large stake…
Markets in Asia were up sharply. The Niikkei rose 2.1% to 12,745. Honda (HMC) wsa up 4.4% to 3080. NTT (NTT) was down 2.9% to 432000. The Hang Seng rose 5.1% to 22,192. China…
Jim Cramer hosted Jim Sinegal, the CEO of Costco Wholesale Corp. (NASDAQ: COST), for a live interview on tonight’s MAD MONEY on CNBC. For starters, Costco Wholesale shares are doing better than many retail…
By now you have already seen the Department of Justice approval of the merger between Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR). Jim Cramer came on CNBC’s MAD MONEY tonight…
It is hard to imagine what Carl Icahn is trying so hard to get control of Motorola (NYSE: MOT), or at least to force the company to "improve shareholder value." The firm is probably…
On Wednesday afternoon, we’ll get to see earnings out of Oracle Corp. (NASDAQ: ORCL). The estimates for the enterprise software leader from First Call are $0.30 EPS on $5.42 billion in revenues. Next quarter…
AMR (NYSE: AMR) hit the market with two pieces of bad news after the close. The parent of American Airlines announced that it fuel costs would rise well above projections made by the company…
Shares of Valero Energy Corp. (NYSE: VLO) are getting a haircut in after-hours trading. High oil prices that get out of control hurt refiners because their costs escalate more than the margins on higher…
Jabil Circuit (JBL) Analyst does not like company’s prospects. Down to $11.34 from 52-week high of $26.10. Media General (MEG) Part of general sell-off in newspaper stocks. Drops to $13. from 52-week high of…
The Department of Justice has reportedly cleared the satellite radio merger where Sirius Satellite Radio (NASDAQ: SIRI) will be able to acquire XM Satellite Radio (XMSR) in its pending merger. This still has to…