MFResidential Investments, Inc. submitted an IPO filing on Tuesday. The total proposed maximum aggregate amount in securities is listed as $250,000,000 in securities, although this number is merely for filing purposes. The underwriting group…
Another round of rumors has hit the media about Nvidia (NASDAQ: NVDA) buying AMD (NYSE: AMD). Barron’s quotes American Technology Research as saying a deal is possible. The reasoning seems simple enough. “The Intel/AMD…
After today’s close we’ll get to see earnings out of Chinese internet search leader Baidu.com, Inc. (NASDAQ: BIDU). The estimates from First Call are $0.71 EPS on $77.1 million in revenues. Last quarter, the…
The rate cuts being made by the Fed are not being passed along to homeowners, consumers, and most businesses. "Companies are paying more to borrow now than before the Fed reduced its benchmark rate…
Intrepid Potash, Inc. is closer to an IPO as it filed an amended IPO filing this morning. The targeted proceeds from common stock issuance are not specified, however, it has applied to trade on…
Vonage Holdings (NYSE: VG) has posted earnings at -$0.07 EPS on revenues of $215.9 million, These compare to -$0.76 EPS and $181.5 million on a year over year basis, and compares to First Call…
First Solar, Inc. (NASDAQ: FSLR) is showing that solar power and alternative energy is far from peaking. The solar electric power module maker posted earnings at $0.77 EPS on $200.8 million in revenues, while…
Deere(NYSE: DE) posted earnings at $0.83 EPS versus the First Call estimate of $0.78 EPS. Its revenues rose 17.5% from Q4-2006 to $5.2 Billion versus $5.07 Billion consensus. As far as guidance, Deere noted…
Markets in Europe were off at 7.30 AM New York time. The FTSE fell 1.1% to 5,845. Diageo fell 2.5% to 1033. Vodafone (VOD) fell 1.3% to 174.8. The DAXX fell .6% to 6,926.…
Below are the top analyst calls that 247WallSt.com is looking at this morning: Capella Education (NASDAQ: CPLA) started as Neutral at JPMorgan. Cephalon (NASDAQ: CEPH) raised to Strong Buy at Broadpoint. Dynegy (NYSE: DYN)…
The Coca-Cola Company (KO) reported fourth quarter earnings per share of $0.52, an increase of 79 percent versus the prior year on a reported basis, and $0.58 after considering items impacting comparability, an increase…
It is not enough that Nintendo, Microsoft (MSFT), and Sony (SNE) are scratching each other’s eyes out in the game console business. It looks like Apple (AAPL) wants in. Given its new visibility with…
A lot of smaller companies will continue to report earnings over the next several weeks, but almost all of the really big companies which are on calendar fiscals have put out their fourth quarter…
There is a recession over on Wall St. Bank where brokerage stocks are down 50% and losses keep mounting. But, a great majority of businesses in the US and Europe are not seeing much…
Venezuela president Hugo Chavez says he will not send anymore crude to Exxon (XOM). The most profitable US company has frozen $12 billion assets from the Latin American country’s state owned oil operation to…
Wikipedia listing "No Exit", a 1944 play by Jean-Paul Sartre, (see also–Delphi’s Chapter 11 problem.) On the way to getting out of Chapter 11, auto parts company Delphi ran into the credit environment. Its…
Google (GOOG) always had a problem trying to keep Yahoo! (YHOO) out of the hands of Microsoft (MSFT). The No.1 and No.2 search engine firms would have had 80% of the US market if…
Eric Dinallo, New York State’s insurance regulator, is a clever devil. He has effectively pitted Warren Buffett against the nation’s biggest money center banks to see who will get the chance to rescue the…
According to Reuters, GM (GM) offered buy-outs to workers after posting a large Q4 loss. Reuters writes that Warren Buffett offered to insure $800 billion worth of bonds currently insured by monoline insurance companies.…
Markets in Asia mixed. The Nikkei rose .4% to 13,068. Sony (SNE) rose 2.2% to 4,730. Toyota (TM) fell 1.7% to 5,870. The Hang Seng rose 1.1% to 23,170. China Life (LFC) rose 1.6%…