Southwest Airlines Co. (NYSE: LUV) has not been doing well as a stock. Over the last two years its stock has lost nearly one-third of its value. Even over the last 5-year period, its…
This morning, Banc of America has actually upgraded the homebuilder sector. This may be the first such round of upgrades from a brokerage firm across the board in what seems like forever. The price…
These are not the only analyst calls impacting stocks this morning, but these are the key calls that 247WallSt.com is focusing on this morning: Arch Coal (NYSE: ACI) raised to Overweight at JPMorgan. Bankrate…
Markets in Europe were lower at 6.50 AM New York time. The FTSE was off .5% to 5,996. Barclays (BCS) was off 2.6% to 469. BP (BP) was up 2.3% to 554.5. The DAXX…
In January, for the first time in 13 years, corporate insiders bought more of their own shares than they sold. According to the FT "in the past, periods of net buying by company executives…
Moody’s (MCO) wants to replace its old ratings system, which used letter grades, with a new one which will use numbers. It also wants to put "warning labels" on securities like CDOs because they…
A look at News Corp (NWS) earnings shows that the "other" revenue and profit line, which is mostly its online service MySpace, only had an operating profit of $23 million. MySpace is one of…
Toyota (TM) reported a 7.5% increase in profits for the last quarter of 2007. By itself that is an achievement for any car company. The big Japanese firm did indicate that the current quarter…
According to Reuters, Microsoft (MSFT) would borrow some of the money for a purchase of Yahoo! (YHOO). Reuters writes that Toyota’s (TM) net grew 7.5% on emerging market growth. Reuters writes that Yahoo! may…
Markets in Asia were mixed. The Nikkei fell .8% to 13,746. Honda (HMC) fell 3.5% ot 3310. NEC fell 2.7% to 425. The Hang Seng fell 9% to 24,809. China Netcom (CN) fell 3.4%…
On Wednesday, we’ll get to see earnings out of Biogen Idec Inc. (NASDAQ: BIIB). The estimates from First Call for the biotech company are $0.80 EPS on $835.16 million in revenues. Estimates for fiscal…
Corporate Acquirers Inc., is a SPAC, or special purpose acquisition company, that submitted an IPO filing today. The filing shows $100 million proceeds targeted at $10.00 per unit, each unit will consist of one…
K Road Acquisition Corporation, a SPAC, or special purpose acquisition company, submitted an IPO filing last Friday. The filing shows $300 million proceeds targeted at $10.00 per unit, each unit will consist of one…
NEWS CORP (NYSE: NWS, NWS-A) has just posted earnings of $832 million or $0.27 EPS. Its consolidated operating income for the second quarter was $1.4 billion was up 24% versus the $1.1 billion reported…
Dollar Thrifty Automotive (DTG) Rental car company stocks fall as DTG cuts outlook. Drops to $16.27 from 52-week high of $55.30. Ryanair Holdings (RYAAY) Airline warns of rough ride ahead. Sells off to $27.81…
Rambus Inc. (NASDAQ: RMBS) has just posted earnings with a net loss of 0$0.14 EPS on revenues of $40.5 million. First Call had estimates of -$0.10 EPS and $40 million in revenues. There may…
Synchronoss Technologies, Inc. (NASDAQ: SNCR) has just posted earnings of $0.22 EPS non-GAAP on revenues of $36.4 million. First Call had estimates of $0.20 EPS and $35.65 million in revenues. The company ended December…
Below are some of the top issues affecting biotech shares today: AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG), a biopharmaceutical company developing iron compounds to treat anemia, saw shares rise 4% to $56.00 after brokerage firm…
On Wednesday morning, we’ll get to see earnings out of IAC/InterActiveCorp (NASDAQ: IACI). Frankly, this one has more questions than answers today. We do not know if Barry Diller is going to be able…
Owning a toll bridge or a toll road would seem like a license to steal. It is, if you can get the asset at a good price. With real estate and financial assets going…