According to Reuters, central banks are uniting to ease the credit crisis. Reuters writes that Google (GOOG) got EU approval to buy DoubleClick and its shares rose. Reuters reports that Caterpillar (CAT) raised its…
Markets in Asia were mostly higher. The Nikkei was up 1.6% to 12,861. Japan Tobacco was down 3.5% to 550000. KDDI was up 3.7% to 623000. The Hang Seng rose .8% to 23,185. China…
Southwest Air (NYSE: LUV) responded today to preliminary findings of its internal investigation over safety allegations. It looks like the allegations over safety and inspection incidents had some meat to them. The airline is…
Cramer went out tonight on CNBC’s MAD MONEY still looking for safe harbors in a storm, despite the strong market today and despite his noting that this trading rally could last 5 days. His…
On tonight’s MAD MONEY on CNBC, Jim Cramer hosted World Wrestling Entertainment Inc. (NYSE: WWE) CEO Linda McMahon. This is one that Cramer touted before, and it doesn’t look like much has changed there.…
Caterpillar Inc. (NYSE: CAT) has come out and maintained its 2008 EPS growth estimate of 5% to 15% and sales growth estimates of 5% to 10%. After going back over the notes, this in-line…
Hitting a 52-week low on news is one thing, but blowing through it is another. When you consider it coming from a hot IPO touted by Cramer at one point then it’s even worse. …
Humana (HUM) Health insurers pulled down by bad news at WellPoint. Falls to $42.85 from 52-week high of $88.10. Wellpoint (WLP) Profit warning. Drops to $46.66 from 52-week high of $90. CIGNA Corporation (CI)…
Jeff Immelt, CEO of General Electric Co. (NYSE: GE), has gone active again in buying up shares of company stock. In an SEC Filing, it shows that Jeff Immelt bought roughly 62,000 shares of…
24/7 Wall St. interviewed Verizon (NYSE: VZ) CEO Ivan Seidenberg about the wireless and broadband industries. When asked about the concern among investors that wireless saturation rates and new cellular price plans are a…
A small company called Access Integrated Technologies, Inc. (NASDAQ: AIXD) made an announcement this morning that it received commitments from four major movie studios to provide movies to up to 10,000 digital cinemas in…
The Federal Reserve has just made an expansion of its securities lending program to add much more liquidity to the banking system, but the difference here is that this goes above and beyond the…
These are not the only analyst calls affecting shares this morning, but these are the first ones that 247WallSt.com is focusing on: Charter Communications (NASDAQ: CHTR) Cut to Neutral at Credit Suisse. Citrix Systems…
WellPoint (NYSE: WLP) lowered guidance last night and put 2008 EPS targets at a new range of $5.76 to $6.01 EPS from an original $6.41 estimates. It also put revenues at $62 Billion, yet…
ECB member Axel Weber say the central bank cannot cut rates further in the face of the rising inflation which will be caused by the high cost of oil. “The surge in oil prices…
American Air (NYSE: AMR) dropped 10% yesterday to and hit $10.20. The shares have not been at that level since 2004. American lost money three of the last five years. It had a small…
Google (NASDAQ:GOOG) launched a PC product loaded with its software and an operating system from open source Linux. The product was being sold in Wal-Mart (NYSE:WMT). Unfortunately, Wal-Mart customer seem to like Microsoft (NASDAQ:…
GE (NYSE: GE) will say once again that its entertainment business, NBC Universal, is not for sale. “Should we sell NBCU? The answer is no!” Mr. Immelt writes in a message for investors in…
Texas Instruments (NYSE: TXN) gave its mid-quarter forecast and no one liked it. The company projected slow growth and was especially gloomy about the sales of 3G chips. It said its largest customer was…
Mad dogs and Englishmen go out in the midday sun.The smallest Malay rabbit deplores this foolish habit.–Noel Coward. A group of economists say the US should miss out on a recession this year. This…