Goldman Sachs has panned satellite radio stocks and maintained a cautious "Sell" on XM Satellite Radio (XMSR). What is interesting is that Goldman Sachs has also noted that its channel checks have indicated that…
Goldman Sachs has downgraded its coverage in Coal Stocks this morning. Goldman Sachs is basing this partly on the 30% gains seen, and valuations are stretched. There were several downgraded from a Neutral rating…
These are not the only calls out there from analysts, but these are the top analyst calls that 247WallSt.com is looking at this Friday morning: Chipotle Mexican Grill (NYSE: CMG) raised to Outperform at…
Four big newspaper companies, including Gannett (NYSE: GCI), The New York Times (NYSE: NYT), the Tribune Company, and Hearst, are setting up a sales operation to market 120 of their newspapers’ online sites. In…
Auction-rate securities are short-term investments which are often pitched as an alternative to cash. Investors look to them as "safe haven" instruments where they can put money and earn a modest interest rate. But,…
An analysis out of Citigroup says that UBS (UBS) could be forced to write-down $18 billion more of its $80 billion in exposure to subprime instruments and other debt which it holds on its…
After month upon month of being bested by the Nintendo Wii and Microsoft (NASDAQ: MSFT), the Sony (NYSE: SNE) PS3 is emerging from the shadows. Sales of video games rose 11% in North America…
Legal experts are beginning to advise their banking clients to take the hit on LBO break-up fees and walk away from their loan commitments. It is cheaper, they reason, to pay now and not…
According to Reuters, Citigroup says UBS (UBS) may face another $18 billion in write-downs this year. Reuters writes that Alan Greenspan says the US is on the edge of recession. Reuters writes that the…
Apple (NASDAQ: AAPL) traded at over $200 just before the first of the year. On a good day it now trades at $128. 24/7 Wall St. recently ran an analysis of why Apple’s stock…
On tonight’s MAD MONEY on CNBC, Jim Cramer came out discussing oil and gas infrastructure, and said that a relatively small player name Willbros Group, Inc. (NYSE: WG) is a winner. The company focuses…
These are the new combined holdings (alphabetically A-G) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: American Express (NYSE: AXP) 151.6 million shares for a value of more…
These are the new combined holdings (alphabetically H-P) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: Home Depot (NYSE: HD) 4.181 million shares for $112.6 million. Ingersoll Rand…
These are the new combined holdings (alphabetically S-Z) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: Sanofi-Aventis (NSE: SNY) 3.569 million shares for some $162.5 million. SunTrust Banks…
After a big fourth quarter loss, private equity player Cerberus may regret buying a controlling interest in GMAC. The head of Cerberus said in a note to clients picked up by Reuters "… if…
Priceline.com Inc. (NASDAQ: PCLN) just posted non-GAAP EPS of $0.96 EPS on $334.9 million in revenues, while the estimates from First Call for the online travel company were $0.84 EPS on $329.3 million in…
UBS Ag (UBS) Swiss bank gets pounded on big write-off. Drops to $33.60 from 52-week high of $66.26. Blackstone (BX) Today is CEO Steve Schwarzman’s birthday. Happy birthday, Steve. Shares slide to $16.63 from…
Nielsen has released its top aggregate sites by parent company for January 2008, and it starts getting even more clear why this super-merger on the web is being pursued. Below is the TOP 10…
There is a new study out that has compared the current mortgage and subprime meltdown to the S&L and consumer crisis of the 1980’s that led to the creation of Resolution Trust Corp. (the…
A recent research report from comScore breaks video viewers into three groups. The "heavy user" group watched an average of 841 minutes of video per month. This group made up 20% of all people…