Handset users are throwing away their old phones in favor of smart phones from shops like Apple (NASDAQ: AAPL and Research-in-Motion (NASDAQ: RIMM). According to a survey by ChangeWave seventeen percent of people planning…
Tully’s Coffee Corporation has withdrawn its filing for an initial public offering that was originally filed on July 26, 2007. The reason is simply "because of unfavorable market conditions." This was never going to…
Deciding which mutual funds make the best investments is especially hard because there are thousands to pick from. Some are load and some are no-load. Some do well over a year, but poorly over…
Verizon Communications Inc. (NYSE: VZ) has announced that its Board of Directors has approved the buyback and repurchase up to 100 million shares of its common stock. This replaces the previous 100 million share…
It’s always expected that you see analyst downgrades any time you see disappointing news out of a company. This morning we did see at least two downgrades on Cisco Systems (NASDAQ: CSCO) after its…
Real Goods Solar, Inc. has filed to come public via an initial public offering. For filing purposes the company has a proposed maximum offering set at $57.5 million. It will have the proposed NASDAQ…
Mylan Inc. (NYSE: MYL) has been removed from the Goldman Sachs Conviction List, although the firm is not downgrading its official rating. Goldman Sachs has maintained its Buy rating and $19.00 price target and…
Level 3 Communications, Inc. (NASDAQ: LVLT) posted results with earnings coming in at -$0.06 EPS from a $91 million net loss on revenues of $1.10 Billion. First Call had estimates -$0.11 EPS and $1.08…
It was a brutal January at Wal-Mart (NYSE: WMT). US same-store sales rose .5% with sales at the flagship Wal-Marts stores up only .2%. "Comparable store sales in the United States for the February…
EarthLink inc. (NASDAQ: ELNK) has posted results and frankly for a company that is an independent ISP these results aren’t all that bad. Income from operations was $22.6 million, or $0.19 EPS, on total…
Below are some of the early bird analyst calls that are affecting shares in pre-market trading: Bankrate Inc. (NASDAQ: RATE) upgraded to Buy from Hold at Citigroup. Celanese (NYSE: CE) raised to Buy from…
Markets in Europe were off about 1% at 7 AM New York time. The FTSE was off .8% to 5,828. BHP Billiton (NYSE: BHP) was off 2.9% to 14.76. BT (NYSE: BT) was down…
ET will not have to phone home. He can talk to more than half of the world’s population. According to stats from the US, cellphone penetration will hit 3.3 billion people this year. According…
Perhaps Netscape founder Marc Andreessen does not like The New York Times Company (NYSE: NYT) or maybe he hates the content of its flagship newspaper. Either way, he has started a deathwatch on the…
AnheuserBusch (NYSE: BUD) and InBev, a rival beer company, are in talks about a merger, according to Trends magazine. Douglas A. McIntyre
CostCo (NASD COST) reported net sales of $5.11 billion for the month of January, the four weeks ended February 3, 2008, an increase of 11 percent from $4.62 billion in the same four-week period…
Wal-Mart (NYSE: WMT) likes the medical clinic business. Many of its customers do not have health insurance. It can deliver these people inexpensive care using nurse practitioners instead of doctors. Offering generic drugs also…
GM (NYSE: GM) says that 50% of its cars in the US should be running on ethanol by 2012. According to Reuters "GM will have 11 ethanol-capable vehicles on the market this year and…
Cisco (NASD: CSCO) and EDS (NYSE: EDS) have businesses which point different directions on a compass. But, it is the same compass. In one day, Cisco was able to show that large capex tech…
Short interest in financial stocks generally fell in NYSE figures for January 31. Numbers compare to January 15. Shares sold short in Countrywide (NYSE: CFC) fell 52.7 million to 114.2 million. Shares short in…