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…
Stagflation would probably have to be measured differently in China than it is in the US. GDP in the big Asia company grows 10% a year. In the US, economists get excited by 3%…
According to Reuters, Goldman Sachs says the Fed may make an emergency rate cut. Reuters writes that Nokia (NOK) is likely to sell down now that information from chip company Texas Instruments (TXN) shows…
Markets in Asia were higher. The Nikkei rose 1% to 12,658. NTT (NTT) was off 2% to 432000. Sony (SNE) was up 2.5% to 4490. The Hang Seng rose .7% to 22,862. China Mobile…
On tonight’s Mad Money on CNBC, Jim Cramer said he’s officially going "cautious" and noted that you can’t just start recommending stocks in the current market. He noted that we haven’t even seen a…
Eyeblaster, Inc. has filed a registration statement with the SEC for a proposed initial public offering of its common stock. Eyeblaster plans to list up to $115 million in stock ($100 million before the…
CMGI, Inc. (NASDAQ: CMGI) shares are trading up slightly in after-hours trading after earnings. The supply chain manager and internet incubator posted a 14.4% drop in revenues to $278.0 million, but gross margins improved…
By now you have heard news of New York Governor Eliot Spitzer’s involvement in a prostitution ring. So much for crime and ethics fighters being immune from temptation. But what we wanted to see…
Lehman (NYSE: LEH) hit by concerns about huge Q1 write-offs. Falls to $42.77 from 52-week high of $82.05. Citigroup (NYSE: C) sells off because bank may have to raise more money. Down to $19.74…
Curis Inc. (NASDAQ: CRIS) shares down 18% after development partner Wyeth terminated their contract that focused on cancer treatment developments. Shares are down $0.29 to $1.14. The 52 week range is $0.86 to $2.35.…
Shares of Citigroup (NYSE: C) have done what some would have thought impossible. Last year that $40.00 floor was the imaginary hurdle, then $30.00 became the last hurdle. But today the stock managed to…
Today we’ll get to see earnings out of CMGI Inc. (NASDAQ: CMGI). First and foremost, we’d note that the actual estimates are a guide and that this one almost seems like it acts on…
PJSC Acquisition Corp. is another SPAC, or special purpose acquisition corporation, that has submitted an IPO filing to come public. The filing shows a target of $150 million from 15 million units at the…