Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) has taken over a shipwreck site and it will pay out a 15% post-expense royalty for future findings. It was named the sole plaintiff in the in the…
Tri-Artisan Acquisition Corp. has filed to come public via IPO. It lists some 25 million units, with each unit being one share of common stock at $10.00 and an equal number of warrants with…
Maybe a day makes all the difference world, at least with a hi-beta stock like LDK Solar Co. (NYSE: LDK) after a more than 50% haircut. LDK Solar posted earnings of $0.44 EPS on…
Nordstrom Inc. (NYSE: JWN) posted $0.92 EPS on revenues of $2.51 Billion. First Call had targets set at $0.88 EPS on $2.53 Billion revenues. For the first quarter of 2008, Nordstrom projected same-store sales…
Cott Corp (COT) Job cuts. Falls to $3.81 from 52-week high of $17.33. ITT Educational Services (ESI) Cuts outlook. Student loan market is rough. Drops to $52.40 from 52-week high of $131.81. Aventine Renewable…
S&P reaffirmed the "AAA" ratings for both MBIA (NYSE: MBI) and Ambac (NYSE: ABK). S&P noted that MBIA was removed from CreditWatch and a negative outlook was assigned, meaning it is no downgrade imminent…
It looks like CEOs may have found a new way to "game" the systems for giving and getting stock. According to a piece at Portfolio.com, chief executives are particularly adroit at the way they…
Google (NASDAQ: GOOG) search is now roughly 3-times that of Yahoo! (NASDAQ: YHOO). To make matters worse, its "searchers" appear to be much more active in search. While Microsoft (NASDAQ: MSFT) is far behind…
Microsoft (NASDAQ: MSFT) claims that is has come out with the greatest internet ad targeting system since the beginning of time. "It said its new system, which it calls Engagement Mapping, will measure all…
Shares of telecom company Qwest (NYSE: Q) are up almost 8% on news that it wants a better deal with Sprint (NYSE: S) for providing wireless service in its region which includes 14 states.…
Nordstrom Inc. (NYSE: JWN) is set to report earnings after the close today. First Call has the following estimates: Time EPS $REVQ4-2008 (Jan.) $0.88 …
There is an interesting report out of Nikkei Net Interactive in Japan, which notes that US-based private equity giant Carlyle is buying a majority stake in a joint venture that produces LCD substrates. The…
Apple (NASDAQ: AAPL) has already dropped below its six-month low and it could break below its 52-week low in April. The stock traded between $99 and $100 the last few days of April 07.…
On more than one occasion 24/7 Wall St. has said Citigroup’s (NYSE: C) shares could go as low as $15. Now Oppenheimer is saying it agrees. Bloomberg writes "Citigroup may post its second-straight quarterly…
Visa Inc. submitted another amendment to their IPO filing this morning. The IPO could now be the largest in history, with a proposed maximum aggregate amount in securities listed as more than $18.7 Billion. …
Wall St. is expecting Motorola (NYSE: MOT) to sell about 32 million handsets this quarter. Oppenheimer has cut its rating on the company to "perform" from "outperform" and says that unit sales will probably…
Goldman Sachs has made some key downgrades in the financial sector today. The firm has cut both Fannie Mae (NYSE: FNM) and Freddie mac (NYSE: FRE) from an already "neutral" rating, with implied negative,…
Techcrunch is reporting that News Corp (NYSE: NWS) is negotiating with Google (NASDAQ: GOOG) to get out of a deal which allows the big search company exclusive rights to sell text ads on MySpace,…
Below are the top research calls that 247WallSt.com is focusing on: Aventine Renewable Energy (NYSE: AVR) downgraded to Sell from Hold at Soleil. Genentech (NYSE: DNA) raised to Outperform at Rodman & Renshaw. General…
Lowe’s shares are down almost 4% to $22.75 in the pre-market due to weak earnings. Profits at the big retailer fell 33% to to $408 million.Sales were flat at $10.4 billion. Wall St. analysts…