Claymore Securities Inc., has just launched three broad market exchange traded funds that are designed to track the value of the U.S. capital markets (bonds). The Claymore Capital Markets ETFs have launched on the…
American International Group (NYSE: AIG) saw one ugly Monday with a draw down to a new 52-week low after it disclosed an auditor’s "material Weakness" and new round of decreased values to some $5…
The bad days never seem to end at Boston Scientific (NYSE: BSX). The company has a heavy debt load from a bad acquisition of Guidant. The BSX stent business has been hurt by studies…
Warren Buffett of Berkshire Hathaway (NYSE: BRK-A, BRK-B) just appeared on CNBC with his plan to save the bond insurance business in the U.S. for municipal bond issuers. He noted that last week he…
From Silicon Alley Insider Last year, Verizon milked $117.5 million from Internet phone upstart Vonage in a long, ugly patent war. This year, it’s going after its real rivals — the cable companies —…
While waitng to be be bought by Microsoft (MSFT), Yahoo! (YHOO) has elected to buy Maven Networks for $160 million. Yahoo! said it intends to invest in the growth of Maven’s overall video business,…
Live Nation (NYSE: LYV) was added to Goldman Sachs BUY list this morning and at a $10.46 close it sees some 45% upside. Goldman Sachs also noted that it sees the third and final…
Evergreen Solar Inc. (NASDAQ: ESLR) has priced its secondary share offering at $9.50 per share. This is down from over $12.00 just a few days ago and under the $10.02 closing price of yesterday.…
Teva Pharmaceuticals (NASDAQ: TEVA) posted earnings at $0.69 EPS on revenues of $2.58 Billion; First Call had consensus at $0.66 EPS on $2.48 Billion in revenues. There are some big numbers ahead for Teva…
Markets were higher in Europe at 7.20 AM. The FTSE rose 1.2% to 5,776. Barclays (BCS) was up 4% to 446.5. BHP Billion (BHP) was up 3% to 1527. The DAXX was up 1.3%…
These are the top ten analyst calls that 247WallSt.com is focusing on in pre-market trading this Tuesday morning: AIG (NYSE: AIG) downgraded to Equal Weight at Lehman. Andersons (NASDAQ: ANDE) downgraded to Neutral from…
GM (NYSE:GM) reported fourth quarter and full year earnings.One thing was clear GM’s prospects are now almost entirely overseas. With total car sales likely to fall one million units this year, GM can’t make…
GM (NYSE:GM) reported fourth quarter and full year earnings.One thing was clear GM’s prospects are now almost entirely overseas. With total car sales likely to fall one million units this year, GM can’t make…
The US Treasury is encouraging several large banks, lead by Citigroup (C) and Bank of America (BAC) to freeze foreclosures for 30 days while they sort out which homeowners should get restructured loans. "The…
There has been some speculation that Barry Diller might be able to keep control of IAC/Interactive (IACI) without fighting with majority shareholder Liberty Media, if he hands over his largest division, The Home Shopping…
If Wall St analysts thought Wal-Mart (WMT) has problems in the US, they ought to stop by the retailer’s operations in Japan some time. According to Reuters the company said on Tuesday that "it…
The management at smartphone also-ran Palm (PALM) probably opened their champagne bottles when they heard about the big service interruption that hit RIM’s (RIMM) service network in North America and shut down access to…
Rising short interest in tech stocks traded on Nasdaq shows the extent to which investors are willing to bet against the sector. The figures compare shares sold short as of January 31 compared to…
According to Reuters, Yahoo! (YHOO) rejected Microsoft’s (MST) bid for the company. Reuters writes that Credit Suisse reduced its write-downs from subprime insrtuments. Reuters writes that RIM (RIMM) had a huge outage in Blackberry…
Markets in Asia were mostly higher. The Nikkei rose a fraction to 13,02. NEC rose 1.8% to 408. NTT (NTT) rose 2.6% to 512000. Docomo (DCM) rose 3.1% to 167000. The Hang Seng rose…