The management of EADS sits in Europe watching pork-eating members of Congress talk about the hearings they will hold in an attempt to change the Air Force’s decision to buy $35 billion in air…
Microsoft (NASDAQ: MSFT) is going to take significant market share from Google (NASDAQ: GOOG) and cut the search company’s lead as the most successful internet company in the world, with or without a buy-out…
Washington Mutual (NYSE: WM) went and got itself a tin cup. Federal regulators want it to raise more money so that it can lend more money. The mortgage bank is making the rounds of…
When Sharper Image’s sales fell so low that it could not make its debt service, the retailer filed for Chapter 11. Part of its cost cutting was a decision to stop taking gift cards…
One of the key measures of consumer confidence fell through the floor. The RBC Cash Index dropped to 33.1 in early March, down from 48.5 in February. The figure was the worst since the…
The short interest on the NYSE hit an all-time record for the period ending February 29. Figures by company compare to shares sold short on Ferbruary 15. Financial firms had significant increases in short…
According to Reuters, falling home prices could keep buyers on the sidelines until they see a bottom. Reuters writes that a Microsoft (MSFT) deal with Yahoo! (YHOO) could hurt Google (GOOG) in Asia. Reuters…
Market is Asia were down sharply. The Nikkei fell 3.3% to 12,783. Honda (HMC) was down 4.2% to 2990. Sony (SNE) was down 5.1% to 4610. The Hang Seng was off 3.5% to 22,518.…
Thornburg Mortgage (NYSE: TMA) Fear of Chapter 11. Falls to $1.26 from 52-wek high of $28.40. CIT Group (NYSE: CIT) Lehman Brothers cuts price target. Drops to $15 from 52-week high of $61.47. iStar…
Apple has determined that the best way to reach and ultimately exceed its goal of selling 10 million iPhones this year is by adding more features and opening up the code and making the…
Today was the day the roof officially fell in on the US economy. News from Europe involving bank trouble at UBS (NYSE: UBS) and an inadequate rescue of Ambac (NYSE: ABK) helped push at…
American Water Works may be closer to coming public. The huge water utility has an amended IPO Filing with full fiscal details for 2007. It lists that is intends to sell up to $1.5…
Shares of Annaly Capital Management, Inc. (NYSE: NLY) are being pounded this morning. The reason for the selling isn’t on its own news. Competitor Thornburg Mortgage (NYSE: TMA) has fallen some 60% on massive…
After the first day of the Intel Corp. (NASDAQ: INTC) analyst day, we have been looking through many opinion pieces and reports. There is one standout report that addresses growth and value, without being…
A number of the large financial stocks took news of a write-down at UBS (NYSE: UBS), debt problems at Merrill Lynch (NYSE: MER), and downgrades of Thornburg (NYSE: TMA) hard. Hitting 52-week lows early…
Wal-Mart Stores Inc. (NYSE: WMT) already gave stronger sales than most this morning, but the company is doing another shareholder friendly initiative that is far better than a stock buyback: It is hiking its…
Goldman Sachs has come out positive on two companies that overlap in agriculture and fertilizer plays this morning, and it has raised estimates and targets: The firm recently visited Monsanto (NYSE: MON) and it…
Oracle Corp. (NASDAQ: ORCL) is being reinstated as a "Buy" rating in new coverage this morning at Goldman Sachs. The firm notes that with macroeconomic concerns being front and center, shares of the enterprise…
Apple (NASDAQ:AAPL) is way shy of its movie rental goals. Apple planned to have 1,000 movies available for its set-top box. According to the The Assocated Press that number is closer to 400. Steve…
If you have been shopping for LCD monitors or LCD TV’s, you’ve probably run across ViewSonic as a brand. The company had been in the IPO pipeline and was going to trade under the…