Below are the top 10 individual analyst calls we are focusing on this morning: Barrick Gold (NYSE: ABX) downgraded to neutral at Credit Suisse. Biodel (NASDAQ: BIOD) started as Overweight at JPMorgan. Flotek…
Nortel (NYSE: NT) is going to fire 2,100 poor souls as its business has gone into a flat spin. Telecom equipment companies have been falling like flies with recent poor reports from Alcatel-Lucent (NSYE:…
Blackstone (NYSE: BX) cannot be faulted for its creativity the way it can be for its share price. The firm says that it does not need the banks which have walked away from their…
The European Union has fined Microsoft (NASDAQ:MSFT) $1.35 billion for "failing to comply with the European Commission’s 2004 antitrust ruling," according to The Wall Street Journal. Douglas A. McIntyre
The head of Honda (NYSE:HMC) recently made an interesting observation. He sees sales faltering in some states where housing prices and commodities costs are in trouble. But, looking at the broader US, he sees…
Yahoo!’s (NASDAQ: YHOO) assets in Asia, a piece of Yahoo Japan and one of China’s Alibaba, are valued at about $11 billion by most analysts. The board and management of Yahoo! should be making…
Two of the best-selling drugs in the US are Procrit from Johnson & Johnson (NYSE: JNJ) and Aranesp from Amgen (NASDAQ:AMGN). The products treat anemia in patients with kidney dialysis issues. Studies now show…
According to Reuters, weak confidence and rising prices are fuelin stagflation fears. Reuters writes that the long fight between Microsoft (MSFT) and Yahoo! (YHOO) over a takeover will help Google (GOOG).’ Reuters reports that…
Markets in Asia were higher. The Nikkei rose 1.5% to 14,031. Sony (SNE) rose 2.3% to 5320. Toyota (TM) rose 1.5% to 6060. The Hang Seng moved up 3.4% to 24,483. China Life (LFC)…
On CNBC’s MAD MONEY tonight, Jim Cramer went over the agriculture sector. We recently noted ourselves about Ag-flation as wheat prices have more than doubled over the last year. Cramer noted that Cargill suspended…
We do not cover every single index change, but we do cover the ones where it looks like it will impact individual stocks. Standard & Poor’s made an index change announcement this evening and…
MBIA Inc. (NYSE: MBI) just had its "re" new CEO Joseph Brown on a CNBC interview saying that he signed back on to get MBIA’s market cap back up to $10 Billion. He noted…
Autodesk Inc. (NASDAQ: ADSK) has posted earnings of $0.52 non-GAAP EPS on revenues of $599.1 million, while First Call had estimates at $0.54 EPS and $581.4 million in revenues. Unfortunately, the guidance is going…
Cott (COT) loses shelf-space at Wal-Mart (WMT). Falls to $2.42 from 52-week high of $17.33. USEC (USU) drops on high costs and plant closings. Sells off to $6.41 from 52-week high of $25.65. Raymond…
LDK Solar Co. (NYSE:LDK) stock fell 7% to $30.05 in the last hour of trading today after yesterday’s earnings, but it was mainly a lackluster guidance. This was actually up in after-hours trading yesterday. …
If you have been watching homebuilders of late, you’ll notice a sharp disconnect between the headlines still coming out and the stock prices of many homebuilders. The move today is partly attributed to Sam…
It appears to be only a matter of time before Apple (NASDAQ: AAPL) iTunes becomes the No.1 source of digital music. For now, being No.2 will have to do. According to NPD data picked…
IBM, or International Business Machines Corp. (NYSE: IBM), is on a roll. The company just raised its guidance and boosted its share buyback plan by a massive amount. For starters the company said it…
A small biotech out of Australia called Prana Biotechnology Ltd. (NASDAQ: PRAN) today is trading up nearly 50% to a new 52-week high on favorable results in Alzheimer’s Disease studies. The company announced that…
Asset manager Van Eck Global today launched a new ETF on the American Stock Exchange. The new ETF is called the Market Vectors-Lehman Brothers AMT-Free Short Municipal Index ETF (Amex: SMB). This ETF is…