Google (NASDAQ: GOOG) is seeing a stock recovery after comScore (NASDAQ: SCOR) put out a clarification on its blog today. We received an email from comScore a short while ago confirming that link. Here…
Moody’s is affirming the current ratings and capital ratios at Ambac Financial Group, Inc. (NYSE: ABK), although there is not a downgrade being issued. Moody’s has noted that Ambac’s capital is currently under its…
International Brands Management Group, a SPAC, or special purpose acquisition company, has amended its IPO again. It is set to trade under the ticker "IBL.U" on the American Stock Exchange. The company now plans…
It looks like the American Stock Exchange, and ultimately the New York Stock Exchange (NYSE: NYX) after the two merge, is going to get some competition for all of the IPO’s in Special Purpose…
This morning we have another negative note out of Goldman Sachs calling for investors to be long volatility in financial stocks where the options prices are reasonable in companies that have exposure to troublesome…
Assured Guaranty Ltd. (NYSE: AGO) may not be the largest household name for a bond insurer or financial guarantor when you consider the woes of Ambac Financial (NYSE: ABK) and MBIA (NYSE: MBI). But…
This morning, Business Week in its "INSIDE WALL STREET" section has featured CarMax (NYSE: KMX) positively, mainly noting that Warren Buffett’s Berkshire Hathaway (NYSE: BRK/A) raised his stake by another half recently to 9.6%. …
These are not the only analyst calls affecting shares of stock this morning, but these are the initial calls that 247WallSt.com is focusing on: AIG (NYSE: AIG) cut to Market Perform at KBW. DealerTrack…
A big company gets in trouble. The board throws the CEO under a bus and brings back the founder. The stock market figures that the person who built the company is the ideal one…
It is surprising that it took so long. A private equity firm is finally suing a bank that walked on a big transaction. It is only the beginning. Wachovia (WB) skipped out on its…
Oil moved over $103. The excuse this time was that "Ecuador’s state-run oil company, Petroecuador, suspended operations at a key export pipeline after a landslide damaged infrastructure," according to MarketWatch. That has nothing to…
Sony’s (NYSE: SNE) PS3 may have a better year in 2008 than it did in 2007. That would not be hard. The game console was beaten like a red-headed mule by the Nintendo Wii…
No one in Redmond wants to admit this, but Apple’s (NASDAQ: AAPL) new Leopard OS may be getting the better of Vista, at least in enough cases to make it hurt. Almost all evidence…
According to Reuters, Paulson believes that the current proposal to help homeowners is too broad and may help speculators. Reuters writes that Microsoft (NASDAQ:MSFT) has cut the price of Vista to encourage upgrades. Reuters…
Markets in Asia were mixed. The Nikkei fell 2.3% to 13,603. Casio fell 3.6% to 137. Honda (HMC) fell 3% to 3260. The Hang Seng fell 1.1% to 24,332. China Unicom (CHU) fell 4.3%…
On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to feature agriculture by interviewing Deere & Co. (NYSE: DE). If you want to own a company that wins off of food for fuel and…
Gap, Inc. (NYSE: GPS) is seeing a 5% rise after the ailing casual apparel retailer reported earnings. The company posted $0.25 EPS with a 5% revenue drop to $4.67 Billion, and First Call estimate…
Dell Inc. (NASDAQ: DELL) posted earnings of $0.34 EPS outside of charges on revenues of $15.99 Billion, while First Call had estimates at $0.36 EPS on revenues of $16.27 Billion. After items, Dell’s net…
Nortel (NT) Nine-to-one this dog never hits bottom. Down to $9.05 from 52-week high of $30. Mylan (MYL) Market unhappy about quartery results. Sells off to $12 from 52-week high of $22.90. Gannett (GCI)…
Deutsche Bank AG (NYSE: DB) has launched three new Exchange Traded Notes (ETN’s) that will track the performance of certain index moves inside the Deutsche Bank Liquid Commodity Index – Optimum Yield Gold ™. …